Archive for August 28th, 2008
« Previous EntriesToyota lowers global sales target
Thursday, August 28th, 2008Read full story for latest details.
Dell’s earnings slip despite rising sales
Thursday, August 28th, 2008Personal computer maker Dell Inc. reported fiscal second-quarter earnings that fell from a year ago and missed Wall Street’s expectations while sales in the quarter topped forecasts.
Big rally on Wall Street
Thursday, August 28th, 2008Stocks jumped Thursday, with the Dow and S&P 500 rising for the third straight session thanks to lower oil prices, a surprisingly strong reading on second-quarter economic growth, and a rally in the financial sector.
Fed ruling: Attorney talk confidential
Thursday, August 28th, 2008Responding to intense criticism from corporations, legal groups, and key members of Congress, the Justice Department announced Thursday that federal prosecutors will no longer be able to strong-arm corporate targets to reveal protected conversations with their attorneys.
Captain’s Blog, Stardate: 8/28/08
Thursday, August 28th, 2008WHERE ARE WE? An interesting point in time right now. The dollar has climbed while commodity prices (i.e., OIL), have fallen. The question is: Are these aberrations, small counter-moves only temporarily interrupting a much larger trend? Or are these moves a significant reversal? In the case of the dollar, I would be surprised if the dollar makes a major sustained move higher.