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Yahoo! News: Business
-----------------------------------
as of Mon, 17 Oct 2005 12:44:34 GMT
GM posts another quarterly loss (Reuters)
Reuters - General Motors Corp. on Monday posted a massive quarterly
loss as high gasoline prices slammed sales of big sport utility
vehicles and rising costs for everything from raw materials to health
care eroded profits.
Refco in talks with JC Flowers-led group (Reuters)
Reuters - Embattled futures and commodities brokerage Refco Inc. said
on Monday it was in advanced discussions with a group led by investment
fund J.C. Flowers & Co. over the sale of its futures brokerage
business.
Stock futures trim declines on GM pact (Reuters)
Reuters - U.S. stock futures trimmed declines, suggesting a flat market
open on Monday, after a report that Dow component General Motors Corp.
had reached an agreement with the United Auto Workers union to cut
health-care costs.
Nortel names Mike Zafirovski as CEO (Reuters)
Reuters - Nortel Networks Corp. on Monday named Mike Zafirovski as its
new president and chief executive. He will succeed Bill Owens on
November 15.
Citigroup profit rises 35 percent (Reuters)
Reuters - Citigroup Inc. on Monday said third-quarter profit rose 35
percent as higher investment banking revenue and a gain from a business
sale helped offset consumer banking weakness and the impact of
Hurricane Katrina.
Greenspan, Fukui discuss monetary issues, global economy (AFP)
AFP - US Federal Reserve Board Chairman Alan Greenspan, on a two-day
visit to Japan, met Bank of Japan Governor Toshihiko Fukui to discuss
monetary issues.
Stock futures trim declines on GM pact (Reuters)
Reuters - U.S. stock futures trimmed declines, suggesting a flat market
open on Monday, after a report that Dow component General Motors Corp.
had reached an agreement with the United Auto Workers union to cut
health-care costs.
* Aged 2 of 9 ( 16th at 07:49 +/- 6h )
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