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Archive April/2008


As economy slows, some areas appear ‘recession-proof’

There's all kinds of talk these days about companies, industries and careers that are immune to these economic downswings. But are there "recession-proof" places?

Fed poised to cut interest rate by quarter point

Battling risky economic crosscurrents, the Federal Reserve is ready to bump down a key interest rate again to brace the wobbly economy. That rate cut could turn out to be

Verizon reports profit, revenue growth

Verizon Communications Inc. said its first-quarter earnings grew 9.8 percent on the strength of customer additions in its wireless phone, cable television and Internet services.

Tyson Foods reports $5M loss for 2Q

Tyson Foods Inc., the world's largest meat producer, said it lost $5 million in its second-quarter as it faces high feed and fuel costs and absorbed charges for previously-disclosed plant

Long-term care costs rise 18 percent in Lower Hudson Valley

A new study shows that costs associated with long-term care for the elderly and patients with chronic illnesses have increased 18 percent during the last five years in areas surrounding

Free Software Upgrades for Datastick Handheld Vibration Analyzers Cut Data-Collection Time by Up to 50% (Business Wire)

SANTA CLARA, Calif.----As part of its ongoing mission to make life easier for its customers, Datastick Systems, Inc., today announced that the new version 1.81 of the Datastick® Spectrum software

Fitch Rates SSM Health Care’s (Missouri) Bonds at ‘AA-’; Outlook Stable (Business Wire)

NEW YORK----Fitch Ratings has assigned a rating of 'AA-' to $100 million Missouri Health and Educational Facilities Authority facilities revenue bonds, series 2008, to be issued on behalf of SSM

Microtune plunges as analyst downgrades on 2Q outlook (AP)

Shares of TV chip company Microtune Inc. plunged to a year low Tuesday on Wall Street reaction to its second-quarter outlook.

Fitch Affirms Adventist Health’s (CA) Bonds; Outlook Stable (Business Wire)

SAN FRANCISCO----Fitch has affirmed its underlying 'A' rating on the approximately $813.4 million in outstanding revenue bonds issued on behalf of Adventist Health System/West . The Rating Outlook is Stable.

Fitch Affirms 16 Classes from College Loan Corp Trust II (Business Wire)

NEW YORK----Fitch Ratings affirms 16 classes from the following Federal Family Education Loan Program student loan asset-backed notes issued by College Loan Corp :