9/5/2008 2:29:18 PM Friday, Ladish Co. Inc. (LDSH - Stock Boards, Stock Quotes, Stock Charts ), a producer of highly engineered technically advanced components, announced that it has completed merging Chen-Tech Industries, Inc. a forger of jet engine components, with a ....
9/5/2008 1:44:26 PM Survivability equipment manufacturer Force Protection Inc. (FRPT - Stock Boards, Stock Quotes, Stock Charts ) Friday said it obtained a $7.2 million contract from the United States Marine Corps for the supply of five reduced-weight Cougar ....
9/5/2008 1:23:28 PM New York-based air carrier JetBlue Airways Corp. (JBLU - Stock Boards, Stock Quotes, Stock Charts ) Friday reported a 7 percentage-point rise in August load factor as traffic increased 1.9% from last year. Total load factor for the month increased to ....
Stocks fluctuated Friday, pulling off steep losses that followed a worrisome reading on the nation's job market as investors sought bargains in sectors like financials and consumer staples.
The nation's unemployment rate zoomed to a five-year high of 6.1 percent in August as employers slashed 84,000 jobs, dramatic proof of the mounting damage a deeply troubled economy is inflicting on workers and businesses alike.
The source of trouble in the mortgage market has shifted from subprime loans made to borrowers with bad credit to homeowners who had solid credit but took out exotic loans with ballooning monthly payments.
Oil prices sank below $106 a barrel Friday as a jump in the U.S. unemployment rate signaled to traders that Americans might keep paring back their energy use to save money.
When Larry Page and Sergey Brin founded Google Inc. on Sept. 7, 1998, they had little more than their ingenuity, four computers and an investor's $100,000 bet on their belief that an Internet search engine could change the world.
Homebuilding companies are unlikely to return to profitability until at least well into next year as the housing slump continues to squeeze the sector, an analyst said Friday.
Shares of ADC Telecommunications Inc. rebounded Friday, erasing a few days of losses, after the maker of telecommunications gear reported quarterly results in line with expectations and announced a buyback program.
Stocks fluctuated Friday, pulling off steep losses that followed a worrisome reading on the nation's job market as investors sought bargains in sectors like financials and consumer staples.
The recent drop in crude oil prices has dampened investor interest in engineering and construction company stocks, leaving many trading near 52-week lows. But while lower commodity prices may have muted the sector's gains, an analyst said Friday that investors should watch companies' ability to execute in the current market rather than look solely for double-digit backlog growth.
Shares of Saks Inc., which operates Saks Fifth Avenue stores, fell Friday amid a report that an Icelandic investor is no longer pursuing an acquisition of the luxury retailer this year.
The U.S. lost more jobs than forecast in August and the unemployment rate climbed to a five- year high of 6.1 percent, a sign that the economic slowdown is worsening two months before Americans elect their next president.
Crude oil fell to a five-month low as the dollar gained, curbing demand for commodities as a hedge, and a government report showed employers in the U.S. cut more jobs last month than forecast, a signal that demand may drop.
Foreclosures accelerated to the fastest pace in almost three decades during the second quarter as interest rates increased and home values fell, prompting more Americans to walk away from homes they couldn't refinance or sell.
-1.78
2.98
