Archive for August 12th, 2008
« Previous EntriesJapan’s economy declines on high oil
Tuesday, August 12th, 2008Read full story for latest details.
Best Buy to sell iPhone
Tuesday, August 12th, 2008Read full story for latest details.
CVS to buy Longs Drug for $2.7 billion
Tuesday, August 12th, 2008Drug store chain CVS Caremark Corp., looking to build its West Coast presence, said Tuesday it would buy Longs Drug Stores Corp. in a deal valued at $2.7 billion.
Oil price forecast for ‘09 gets a trim
Tuesday, August 12th, 2008Oil prices could be lower than previously expected next year, but the outlook for home heating oil and natural gas signals more pain this winter, according to a government report released Tuesday.
Stocks slump on bank woes
Tuesday, August 12th, 2008Stocks tumbled Tuesday, with blue chips leading the way, as a slew of financial companies warned about the ongoing impact of credit market problems, overshadowing any relief about lower oil prices.