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Ford’s U.S. sales fell 41 percent in March

Ford Motor Co. said Wednesday its March sales in the U.S. fell 41 percent from a year earlier as low consumer confidence and job uncertainty continued to worry car buyers.

 

Alaska Air CEO earned $1.6M in 2008

The chairman and chief executive officer of Alaska Air Group Inc., William S. Ayer, received total compensation valued at $1.6 ...

 

U.S. economy shrinks, profits plunge in Q4

U.S. economy shrinks, profits plunge in Q4

The U.S. economy shrank at its fastest pace since 1982 in the fourth quarter and corporate profits plunged a record $120.1 billion, pulled down by falling consumer spending and exports, government data showed on Thursday.

 

Airlines Seen Losing $4.7 Billion

Airlines Seen Losing $4.7 Billion

The International Air Transport Association said it expected airlines to make a $4.7 billion loss in 2009, almost double the $2.5 billion loss it had originally forecast.

 

Walgreen Net Falls; Shoppers Hold Back

Walgreen profit fell 6.7% as sales outside of the pharmacy department slipped. Discounts dented profit margins.

 

Nintendo - 100 MILLION DS systems sold!

Nintendo - 100 MILLION DS systems sold!

Nintendo announce sales milestone, seven titles have now sold over ten million units as well!

 

Stocks moderately higher, extending rally

Wall Street extended its rally into a second day Wednesday as financial stocks padded their own big gains.

 

Stocks rise sharply on Citigroup profit news

Stocks rise sharply on Citigroup profit news

The Dow soars more than 300 points after the banking company reports that it was profitable through the first two months of the year. Other financial stocks also gain. Good news from a bank -- finally -- is sending the stock market to its best gain this year.

 

Wal-Mart posts February sales, hikes dividend

Wal-Mart posts February sales, hikes dividend

Wal-Mart Stores Inc. on Thursday posted better-than-expected February sales results, boosted by value-seeking shoppers, and hiked its dividend by 15%.

 

Berkshire Reports Worst Year Ever

Berkshire Hathaway's net sank 96% in the fourth quarter. Warren Buffett warned of a bubble in the Treasury market.

 

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