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Archive July/2008


Big Carmakers Say Fuel Rule Plan Too Strict

WASHINGTON (Reuters) - The world's biggest auto companies told the U.S. government on Tuesday its leading proposal to boost annual fuel efficiency targets through the middle of the next decade

July 1st, 2008 | Categories: Investment

Drug Chains and Benefits Managers Team on E-prescriptions

WASHINGTON (Reuters) - Chain drug stores including Walgreens <WAG.N> and pharmacy benefits managers like Medco Health Solutions <MHS.N> are combining their electronic networks to speed adoption of computerized prescriptions.

July 1st, 2008 | Categories: Investment

Real, Not Speculative Reasons For Record Oil: IEA

LONDON (Reuters) - It is easy to blame speculation for the doubling of oil prices over the past 12 months, but the real reasons are strong demand growth, coupled with

July 1st, 2008 | Categories: Investment

Doha Breakthrough Would Dampen Food Prices: Paulson

BERLIN (Reuters) - Treasury Secretary Henry Paulson on Tuesday said the United States and Germany agreed that a breakthrough in the Doha round of trade talks would help control world

July 1st, 2008 | Categories: Investment

Steve & Barry’s May Close Stores: Report

NEW YORK (Reuters) - Retailer Steve & Barry's LLC is readying plans to close more than 100 of its stores, and is contemplating a full liquidation should it not find

July 1st, 2008 | Categories: Investment

Lehman Up After Morgan Stanley’s Overweight Rating

NEW YORK (Reuters) - Morgan Stanley recommended investors buy Lehman Brothers <LEH.N> shares, setting a price target of $31, after the beleaguered investment banking firm's stock fell nearly 11 percent

July 1st, 2008 | Categories: Investment

Hollywood Actors, Studios Head For Labor Limbo

LOS ANGELES (Reuters) - Hollywood actors and studios held a final day of labor talks on Monday before their contract was due to expire, but the midnight deadline was expected

July 1st, 2008 | Categories: Investment

MBIA Sold $4 Bln of Assets to Meet Obligations

NEW YORK (Reuters) - MBIA Inc <MBI.N> said on Monday that after selling $4 billion of assets in the second quarter, it now has enough cash and collateral to meet

July 1st, 2008 | Categories: Investment

Paulson to Reveal More on Fed Stability Role

BERLIN (Reuters) - Treasury Secretary Henry Paulson will reveal more details about his accelerated plans for the Federal Reserve to assume a larger regulatory role in maintaining financial system stability

July 1st, 2008 | Categories: Investment

Ex-Airbus Boss Humbert Held in Trading Probe

PARIS (Reuters) - Former Airbus chief executive Gustav Humbert has been placed in police custody for questioning in a widening probe into allegations of insider trading at European aerospace group

July 1st, 2008 | Categories: Investment

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