Archive for June 11th, 2009
Airline passengers could get a 1-2-3 punch (AP)
Posted by Bancherul.com in Finance News on June 11th, 2009
Corporate travel and ticket sales of premium seats are down. Overall demand is weak. And fuel prices are rising — again. The one-two-three punch could be bad news for consumers this fall, as airlines face pressure to raise fares or cut more capacity to cover their costs.
Claims dismissed against Aurora Organic Dairy (AP)
Posted by Bancherul.com in Finance News on June 11th, 2009
A federal judge has dismissed consumer lawsuits alleging milk bought from Aurora Organic Dairy didn’t meet standards for being labeled organic.
Americans’ wealth drops $1.3 trillion (CNNMoney.com)
Posted by Bancherul.com in Finance News on June 11th, 2009
Americans saw $1.3 trillion of wealth vaporize in the first quarter of 2009, as the stock market and home values continued to decline, according to a government report released Thursday.
CORRECTING and REPLACING Eliot Spitzer to Appear on THIRTEEN’s It’s the Economy, NY, June 18 (Business Wire)
Posted by Bancherul.com in Finance News on June 11th, 2009
NEW YORK—-Subheadline of release should read: Other Guests Include Mayor Bloomberg And President of Hearst Magazines Cathie Black
State seeks federal help for Delaware autoworkers (AP)
Posted by Bancherul.com in Finance News on June 11th, 2009
State officials expressed optimism about getting federal help for Delaware’s automobile workers after meeting Thursday with representatives of the Obama administration.
State seeks federal help for Del. autoworkers (AP)
Posted by Bancherul.com in Finance News on June 11th, 2009
State officials expressed optimism about getting federal help for Delaware’s automobile workers after meeting Thursday with representatives of the Obama administration.
Exxon brought in on Alaskan pipeline project (AP)
Posted by Bancherul.com in Finance News on June 11th, 2009
Exxon Mobil will partner with TransCanada to help build a massive pipeline capable of bringing natural gas from Alaska to the lower 48 states, the companies said Thursday.
CDC shares jump on video game revenue (AP)
Posted by Bancherul.com in Finance News on June 11th, 2009
CDC Corp. said Thursday it has seen a 45 percent rise in average daily revenue from its multiplayer online game “Yulgang” since the latest update for the game was released.
Citi Trends shares rise on upgrade (AP)
Posted by Bancherul.com in Finance News on June 11th, 2009
Shares of Citi Trends Inc. rose on Thursday after an analyst said the retailer, which focuses on urban apparel, has the potential to double its store base and upgraded the stock.
Homebuilder shares fall on foreclosure report (AP)
Posted by Bancherul.com in Finance News on June 11th, 2009
Shares of the nation’s homebuilders slid Thursday afternoon after a report showed May home foreclosure rates remained at elevated levels, causing one analyst to speculate that surging unemployment and rising interest rates could cripple chances of a quick housing recovery.
