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Monthly Archive September, 2009

China to cut fuel prices, likely by 3 percent

September 30, 2009

China will cut retail fuel prices on Wednesday or Thursday, two sources close to the matter told Reuters, by an estimated 3 percent from […]

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Tax Credit Details

September 29, 2009

The federal government is offering a tax credit worth up to $8,000, or 10 percent of the cost of the house, for people who […]

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Oil price may be down in 2009 but pace of discovery is gushing

September 27, 2009

The oil industry has been on a hot streak this year, thanks to a series of major discoveries that have rekindled a sense of excitement […]

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KB Home loss deeper than forecast, shares tumble

September 26, 2009

Homebuilder KB Home reported a deeper quarterly loss than Wall Street expected, and its chief executive warned he does not expect “meaningful improvement” in […]

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Monsanto’s GM sugar beets to get closer scrutiny

September 25, 2009

A federal judge ruled the U.S. Department of Agriculture improperly approved genetically modified sugar beets in 2005 and ordered the agency to conduct a […]

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Lowe’s gives cautious 2010 forecast; shares fall

September 23, 2009

No. 2 U.S. home improvement chain Lowe’s Cos Inc forecast earnings for its next fiscal year that could fall short of Wall Street expectations, […]

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China bestseller sees plots and profit in financial crisis

September 22, 2009

A disaster worse than the financial crisis will engulf the world, predicts China’s latest financial bestseller, and its author is preparing to profit from […]

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As stocks keep rallying, IPOs return

September 20, 2009

NEW YORK — Coming off its worst year in three decades, the market for initial public offerings is starting to show signs of life.
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Sprint CEO evades rumors of merger, for now

September 19, 2009

KANSAS CITY — Sprint Nextel Corp.’s chief executive said Thursday that consolidation in the wireless industry may be coming, but it will be difficult.
[…]

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AbitibiBowater to shut down several mills

September 18, 2009

MONTREAL–AbitibiBowater announced today it will suspend production indefinitely at several Canadian and U.S. mills in a corporate streamlining that will affect about 1,500 Canadian […]

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