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Old Mutual's 3Q sales fall 4 pct, hit by slowdown

a shared story    2 weeks 2 days 1 hour 47 minutes ago
LONDON (AP) -- Third-quarter sales at insurer Old Mutual fell by 4 percent from a year ago as the global economic slowdown eroded demand for life insurance around the world, the company said Thursday....  comments (0)  | report problem



Sansom expects Fla. budget deficit to grow

a shared story    2 weeks 2 days 11 hours 46 minutes ago
Incoming House Speaker Ray Sansom said Wednesday he expects Florida's budget deficit to increase by another $700 million, but still believes a special legislative session won't be needed to address the shortfall.  comments (0)  | report problem


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Sanofi-Aventis, Pfizer end studies on 2 diet drugs

a shared story    2 weeks 2 days 11 hours 47 minutes ago
TRENTON, N.J. (AP) -- French drugmaker Sanofi-Aventis said Wednesday it is halting all research on a diet drug sold in Europe, Acomplia, and rival Pfizer Inc. hours later said it is ending research on an experimental weight-loss drug in the same class....  comments (0)  | report problem


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Cisco warns of revenue drop in current quarter

a shared story    2 weeks 2 days 12 hours 47 minutes ago
Cisco Systems Inc. warns that orders dropped off dramatically in October, and now it expects revenue to fall in the current quarter. On a conference all with analysts and investors, Chief Executive John Chambers said he expects revenue to fall 5 percent to 10...   comments (0)  | report problem


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O'Malley Moves Ahead on Slots Preparations

a shared story    2 weeks 2 days 14 hours 46 minutes ago
Now that voters have approved allowing slot machines in Maryland, Gov. Martin O'Malley is moving ahead with preparations for implementing them. O'Malley needs to appoint four additional members to the current five-member Maryland Lottery Commission to handle the added responsibilities. The state will also create...(more)  comments (0)  | report problem



Yahoo's fate unclear as Google abandons ad deal

a shared story    2 weeks 2 days 14 hours 47 minutes ago
WASHINGTON (AP) -- Google Inc. has scrapped its Internet advertising partnership with struggling rival Yahoo Inc., abandoning attempts to overcome the objections of antitrust regulators and customers who believed the alliance would give Google too much power over online commerce....  comments (0)  | report problem



Medco Health 3Q profit rises 38 pct, beats view

a shared story    2 weeks 2 days 14 hours 47 minutes ago
FRANKLIN LAKES, N.J. (AP) -- Pharmacy benefits manager Medco Health Solutions Inc. said Wednesday its third-quarter profit rose 38 percent on greater mail-order and specialty drug sales, topping Wall Street forecasts....  comments (0)  | report problem


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Delta Adds First-Bag Fee but Ends Fuel Surcharge

a shared story    2 weeks 2 days 15 hours 47 minutes ago
The nation’s biggest carrier said that it would charge some passengers to check their first bag, but that it was eliminating the fuel surcharges for tickets using frequent-flier miles.   comments (0)  | report problem


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GMAC warns on mortgage business

a shared story    2 weeks 2 days 16 hours 47 minutes ago
GMAC Financial Services reports an increased third-quarter loss and warns its mortgage business Rescap may struggle to survive.  comments (0)  | report problem


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GMAC 3Q loss widens, blames economic woes

a shared story    2 weeks 2 days 19 hours 47 minutes ago
NEW YORK (AP) -- GMAC Financial Services says its third-quarter loss widened to $2.52 billion, pulled down by steep losses at its mortgage division....  comments (0)  | report problem


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Circuit City Severance Package About As Crappy As Its Service

a shared story    2 weeks 2 days 20 hours 46 minutes ago
Sure, election coverage is getting the most play tonight, but we're equally (well, almost) invested in the destruction of everybody's favorite mediocre consumer electronics chain – Circuit City. A tipster has sent us a sneak peek at Circuit City's severance pay, and it's not pretty....(more)  comments (0)  | report problem


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Farm borrowing at record levels

a shared story    2 weeks 2 days 21 hours 47 minutes ago
Farmers are borrowing money at record levels as higher food prices encourage them to buy land and new machinery.  comments (0)  | report problem


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