Archive for July 22nd, 2008
« Previous EntriesOil speculator crackdown
Tuesday, July 22nd, 2008Legislation meant to crack down on oil speculators passed a key test vote in the Senate on Tuesday.
Yahoo misses estimates - sales up, profits down
Tuesday, July 22nd, 2008Internet search engine Yahoo Inc. reported second-quarter results Tuesday that fell short of Wall Street’s expectations as the company struggles with dwindling market share and softening economic conditions.
Washington Mutual loses $3.3 billion
Tuesday, July 22nd, 2008Washington Mutual reported a $3.3 billion quarterly loss Tuesday — far worse than Wall Street was anticipating — as it set aside more money for bad loans.
Ford readies economy cars for U.S.
Tuesday, July 22nd, 2008Read full story for latest details.
Stocks stage late-day rally
Tuesday, July 22nd, 2008U.S. stocks staged a late-day rally Tuesday, with the Dow closing up 135 points, as falling oil prices overshadowed grim quarterly financial reports.