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Archive May/2008


Discrimination Suit Vs Bloomberg Grows to 58 Women

NEW YORK (Reuters) - The number of pregnant women at news and financial data company Bloomberg LP who claim to have suffered sex discrimination has grown to 58 from three,

May 4th, 2008 | Categories: Investment

Home Depot to Close 15 Stores, Curb Store Openings

ATLANTA (Reuters) - Retailer Home Depot Inc <HD.N>, which has been battered by the slumping U.S. housing market, on Thursday said it plans to close 15 underperforming stores and said

May 4th, 2008 | Categories: Investment

Thomson Reuters Posts Quarterly Operating Profit

NEW YORK (Reuters) - Global news and information company Thomson Reuters Corp <TRI.TO> <TRIL.L> posted an operating profit for the first quarter on Thursday, and forecast 2008 revenue growth of

May 4th, 2008 | Categories: Investment

Initial Jobless Claims Rise in Latest Week

WASHINGTON (Reuters) - The number of workers filing initial claims for unemployment benefits rose a bigger-than-expected 35,000 last week, and the number of workers remaining on jobless benefits climbed to

May 4th, 2008 | Categories: Investment

Kodak Posts Disappointing Quarterly Loss

NEW YORK (Reuters) - Eastman Kodak Co <EK.N> posted a bigger-than-expected quarterly loss on Thursday as higher silver and aluminum costs and increased spending on its inkjet printer business weighed

May 4th, 2008 | Categories: Investment

Wyndham Worldwide Profit Falls, Holds Forecast

NEW YORK (Reuters) - Wyndham Worldwide Corp <WYN.N>, the world's No. 2 hotel group by rooms, said on Thursday first-quarter profit fell as growth in its economy hotel business was

May 4th, 2008 | Categories: Investment

Burger King Posts Higher-than-expected Profit

NEW YORK (Reuters) - Burger King Holdings Inc <BKC.N>, the world's second-largest hamburger chain, posted a nearly 21 percent rise in quarterly profit on Thursday, boosted by higher sales at

May 4th, 2008 | Categories: Investment

Layoffs Rise 68 Percent in April Vs March: Survey

NEW YORK (Reuters) - U.S. companies' planned layoffs jumped 68 percent in April from the prior month to the highest since September 2006, pointing to further deterioration in the labor

May 4th, 2008 | Categories: Investment

Herbalife Posts Higher Profit, President Resigns

NEW YORK (Reuters) - Herbalife Ltd <HLF.N>, a nutritional supplements marketer, said its president and chief operating officer (COO) had quit after coming under fire for misrepresenting his academic credentials.

May 4th, 2008 | Categories: Investment

U.S. Market to Stabilize at Best in ‘09-10: Nissan CEO

CASCAIS, Portugal (Reuters) - Nissan Motor Co <7201.T> Chief Executive Carlos Ghosn said on Thursday that the U.S. auto market could stabilize in 2009-2010, but the industry would rely mostly

May 4th, 2008 | Categories: Investment

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