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Yahoo! News: Business
-----------------------------------
as of Fri, 17 Feb 2006 13:38:29 GMT
Producer prices rise more than expected (Reuters)
Reuters - Rising prices for electricity, food and autos pushed U.S.
producer prices up 0.3 percent in January while prices outside of food
and energy climbed 0.4 percent - twice market expectations and the
fastest wholesale inflation in a year, a government report showed on
Friday.
Stock futures sag after Dell forecast; PPI eyed (Reuters)
Reuters - U.S. stock futures were lower on Friday, indicating a weaker
market open, as crude oil prices rose more than a dollar and investors
were disappointed by the outlook from computer maker Dell Inc.
Sirius posts bigger loss; subscribers jump (Reuters)
Reuters - Sirius Satellite Radio Inc. on Friday posted a wider quarterly
loss, on increased marketing costs, but subscribers rose sharply in the
run-up to the launch of a new show by ribald radio host Howard Stern.
Time Warner CEO says looking at Univision: report (Reuters)
Reuters - Time Warner Inc. Chief Executive Richard Parsons is looking
at Univision Communications Inc. as the Spanish-language broadcaster
considers a sale, according to an interview published in the Wall
Street Journal on Friday.
RadioShack profit falls 62 pct; to close stores (Reuters)
Reuters - RadioShack Corp. on Friday said quarterly profit fell 62
percent, hurt by weak sales of high-margin products and a change in
wireless service providers that led to a large inventory write-down.
Wholesale Inflation Moderates in January (AP)
AP - Prices at the wholesale level rose moderately in January as a big
drop in gasoline costs helped to offset price increases in other areas.
Stock futures sag after Dell forecast; PPI eyed (Reuters)
Reuters - U.S. stock futures were lower on Friday, indicating a weaker
market open, as crude oil prices rose more than a dollar and investors
were disappointed by the outlook from computer maker Dell Inc.
It's Tough To Be Consistently On Top (Investor's Business Daily)
Investor's Business Daily - It's an accomplishment for a mutual fund
manager to have a good year, beating the market and most of his peers.
But it's much harder to do that year in and year out.
RadioShack 4Q Earnings Drop 62 Percent (AP)
AP - Electronics retailer RadioShack Corp. on Friday said fourth-quarter
earnings dropped 62 percent and said it plans to close 400 to 700
underperforming stores and distribution centers in Charleston, S.C.,
and Southhaven, Miss., as part of a plan to improve its financial
performance.
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