10-16-08 Money, Markets & More
Get set for another interest rate cut by the Fed. Our chief economist sees one coming this month. Brace for more earnings news - from candy bars to motorcycles to airlines. And would you buy a pricey Elmo this year?
EU searches for way out of debt crisis
BRUSSELS (AP) -- Markets somehow expect the European Union to backstop Greece's sagging finances. But with officials denying a bailout is needed, the precise path out of the crisis for the EU's incoming new leadership remains fogged with uncertainty....
Stock futures climb ahead of opening
NEW YORK (AP) -- Stock futures are pointing to a higher open Tuesday as hopes grow the European Union will provide Greece with some support for its mounting debt burden....
Pulte Homes posts loss for Q4
BLOOMFIELD HILLS, Mich. (AP) -- Pulte Homes Inc. says its loss narrowed in its fourth quarter, as the homebuilder reported heavy charges that were partly offset by a tax gain....
How the major stock indexes fared on Monday
The Dow Jones industrial average closed below 10,000 for the first time in three months Monday on nagging concerns about debt loads in Europe. The Dow had its 10th triple-digit move in 16 trading days. Mounting deficits in weaker European economies including Greece, Portugal and Spain have raised questions about the health of the global financial system. Shares of big banks pulled the market lower, extending a slump that has led to four straight weekly losses....
Video: From Mud Hut to Mansion
In the Mideast country of Oman, one poor man became rich from organizing a labor strike at an oil company. Now a father of 10, he tells Steve Hartman his incredible story.
Exar to buy Neterion for between $10M and $11M
FREMONT, Calif. (AP) -- Exar Corp. said Tuesday that it will buy Neterion Inc., which provides adapters for servers and storage systems, for between $10 million and $11 million....
CVS Caremark, Motorola, Hasbro are big movers
NEW YORK (AP) -- The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:...
Video: Toyota Prius May Be Recalled
Toyota Prius drivers await whether the company is planning a recall that could involve 37,000 hybrids in the U.S. There are also reports that used Toyotas are losing their value. Celia Hatton reports.
Sanofi-Aventis completes tender offer for Chattem
NEW YORK (AP) -- French drugmaker Sanofi-Aventis said Tuesday it completed its tender offer for shares of Chattem Inc., which makes Gold Bond skin products, Icy Hot pain relief packs, and Selsun Blue dandruff shampoo....
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Wixon Jewelers
Wixon Jewelers is the largest independent jewelry store in Minnesota. Established in 1988 by Dan Wixon, Wixon Jewelers is a leader in providing high quality jewelry with unparalleled customer service.
Aquarius Water Conditioning
Aquarius Water Conditioning, your premier Kinetico Water Systems dealer since 1970.