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Yahoo! News: Business
-----------------------------------
as of Tue, 28 Feb 2006 13:01:17 GMT
Yahoo! News
Reuters - Staples Inc. on Tuesday reported a 15 percent increase in
quarterly profit, boosted by strong North American sales at both its
retail stores and office supply delivery business.
Yahoo! News
Reuters - Ketchup maker H.J. Heinz Co. on Tuesday posted lower
quarterly profit, hit by higher interest expense and taxes.
Yahoo! News
Reuters - Samsung Electronics Co. Ltd. raised its 2006 sales forecast on
Tuesday, but the estimate was below market consensus and the firm said
it was cautious because of the risk of higher oil prices and volatile
exchange rates.
Yahoo! News
Reuters - U.S. automakers continued to lose market share to foreign
rivals in February, with General Motors Corp. the only domestic
carmaker that avoided a decline in sales, analysts said.
Yahoo! News
Reuters - U.S. stock index futures indicated a slightly weaker market
open on Tuesday before a deluge of economic data that may determine how
many more times the Federal Reserve will raise interest rates.
Yahoo! News
AP - The backlog of unsold new homes reached a record level last month,
as sales slipped despite the warmest January in more than 100 years.
Yahoo! News
Reuters - U.S. stock index futures indicated a slightly weaker market
open on Tuesday before a deluge of economic data that may determine how
many more times the Federal Reserve will raise interest rates.
Yahoo! News
Reuters - Wall Street, after investigations into one-sided research,
illegal mutual fund trades and other malfeasance, is complaining about
the cost of what it calls "inefficient regulation."
Yahoo! News
AP - Staples Inc. on Tuesday said its fourth quarter profit rose 15
percent, narrowly beating Wall Street expectations, as delivery sales
at the nation's largest office products retailer grew faster than
retail sales.
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