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Yahoo! News: Business
-----------------------------------
as of Sat, 11 Mar 2006 12:10:35 GMT
Yahoo! News
Reuters - U.S. stock investors will keep a close eye on Treasury bond
yields and economic reports next week as the market considers whether
interest-rate hikes will go further -- and last longer -- than
originally thought.
Yahoo! News
Reuters - Workers at General Motors of Canada Ltd. assembly plants in
Oshawa, Ontario voted in favor of job cuts on Friday, in a moved aimed
at securing new investment, including a contract to build GM's new
Chevrolet Camaro, the union said.
Yahoo! News
Reuters - The Nasdaq Stock Market on Friday offered to pay $4.2 billion
(2.43 billion pounds) in cash to buy the London Stock Exchange, but its
bid to create the first major transatlantic stock exchange company was
quickly rebuffed.
Yahoo! News
Reuters - It's a story straight out of the pre-Enron playbook: An
investment bank takes an insurance company public, keeps some of the
company's shares for itself, and then issues a report telling investors
not to sell even as the shares plummet.
Yahoo! News
Reuters - Google Inc.'s shares fell to their lowest levels in 4-1/2
months on Friday as analysts bemoaned recent communication miscues and
its refusal to be more open about its finances.
Yahoo! News
AP - Inflation for the 12 months to February soared to an all-time high
of 782 percent in Zimbabwe, the Central Statistical Office has
announced.
Yahoo! News
Reuters - U.S. stocks rallied on Friday, driving the Dow up more than
100 points, as a government report showed stronger-than-expected job
growth in February, signaling to Wall Street that the economy can
expand even as interest rates rise.
Yahoo! News
Investor's Business Daily - Big money carries a bad-guy image, but it
actually can be an individual investor's best friend.
Yahoo! News
AP - Outdoor goods retailer L.L. Bean Inc. on Friday reported sales of
$1.47 billion for the fiscal year ended Feb. 26, a 4 percent increase
over 2004's performance.
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