Highlights
A collection of news and information related to Earnings Forecasts published by Tribune Company sources.
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Vasco Data Security, Amedisys, Continental Airlines are among big market movers Tuesday
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Dollar Thrifty Automotive Group Inc., up 28 cents at $1.58 While the auto rental company expects to post a...Tags: Dow Chemical Company, Quarterly or Semiannual Financial Statements, Dollar Thrifty Automotive Group Incorporated, Stock Broking, Continental Airlines Incorporated
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Stocks tumble on corporate profit concerns
From Tribune news servicesFrom Tribune news services Stocks fell for the first time in four days on concern that a slump in corporate profits will stretch into this year, overshadowing speculation the government will revive the economy with tax cuts. Monday was considered the...Tags: Financial Markets, Stock Activities
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UK retailers Debenhams, Next report drop in sales over Christmas period, but profits hold up
Associated Press WriterLONDON (AP) — British retailers Debenhams and Next saw sales drop over the Christmas season, but both companies said profits held up well as they had prepared for one of the toughest retail periods in a long time. Mid-market department store...Tags: Christmas, Religious Festivals, Holidays, Sales
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U.S. car sales in tailspin
The Associated PressToyota's and Honda's U.S. sales fell more than their U.S. competitors' in December, as consumers steered clear of showrooms because of the dismal economy. Toyota's 37 percent decline and Honda's 35 percent drop showed that the Japanese companies' fuel-...Tags: Fort Lauderdale, Toyota Motor Corp., Ford Motor Co., General Motors Corp., AutoNation
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Navistar shares soar on '09 outlook
Tribune staff reporterNavistar International Corp. shares have surged more than 20 percent today – even though the Warrenville truck and engine maker offered a fiscal 2009 earnings forecast lower than some observers had been expecting – thanks to an upbeat conference call...Tags: Earnings, Navistar International Corporation, Warrenville
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Japan auto executives hope for US recovery
AP Business WriterJapan auto executives gathered for an annual New Year's party Monday expressed hopes for a U.S. turnaround and a strengthening dollar to fix the faltering global market. Japan's export-dependent automakers have been battered by the slowdown in the U.S....Tags: Foreign Exchange Market, Toyota Motor Corp., Passenger Cars, Honda, Prius
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Japan auto executives hope for US recovery, stronger dollar
AP Business WriterTOKYO (AP) — Japan auto executives gathered for an annual New Year's party Monday expressed hopes for a U.S. turnaround and a strengthening dollar to fix the faltering global market. Japan's export-dependent automakers have been battered by the...Tags: Foreign Exchange Market, Toyota Motor Corp., Passenger Cars, Honda, Prius
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THE WEEK AHEAD
The government will give new details on the growing ranks of unemployed Americans, and an agriculture firm and a grocer will report quarterly earnings. Employment situation The feeble U.S. job market likely got worse in December. Economists expect...Tags: Supervalu Inc., Morningstar Incorporated, Earnings, Job Layoffs, Inventories
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Obama Deserves Praise For Abandoning Windfall Tax
Let me offer two cheers — but not three — for one of the best decisions President-elect Barack Obama has made since winning election: abandoning his campaign promise to impose a "windfall profits tax" on American oil companies. Obama gets a...Tags: Business Enterprises, Natural Resources, University of Illinois at Urbana-Champaign, Energy Resources, Government
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Monday's market movers
GENERAL MOTORS -$0.97 (22%) to $3.52 Shares of the giant automaker had the biggest percentage decline in the Dow Jones industrial average. Credit Suisse Group cut its rating on the stock to "underperform" from "neutral" and cut its price estimate...Tags: Stock Activities, Credit Suisse Group, Automotive Equipment
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Home sales decline dramatically in November
From Tribune news servicesFrom Tribune news services Home sales declined dramatically last month and housing prices posted their sharpest decline in at least four decades as a rapidly slowing economy discouraged many potential buyers from getting into the market. Sales of...Tags: Financial Markets, Economic Indicator, Sales, Marketing, Unemployment
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Economy declined 0.5 percent in third quarter
Associated PressWASHINGTON -- As the longest recession in a quarter century intensifies, analysts believe the small decline in economic activity in the third quarter has worsened significantly in the current fourth quarter. The Commerce Department said today that the...Tags: Financial and Business Services, Financial Markets, FedEx Corporation, Memphis, Government
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