Wind power A reality check

Tue, 22 Jul 2008 12:37:02 -0600

High profile personalities have been all over the news lately telling the nation to ditch that dirty fossil fuel and turn to renewable energy.

Source: CNNMoney

Costco sees Q4 profit below Wall Street estimates

Wed, 23 Jul 2008 03:01:04 -0600

Reuters - Costco Wholesale Corp the No 1 U.S. warehouse club operator on Wednesday forecast a fourth-quarter profit below Wall Street estimates citing energy costs and lower margins from merchandise sales at its outlets.

Source: Reuters

Solid start seen on Wall Street

Wed, 23 Jul 2008 03:01:02 -0600

U.S. stocks were set to open higher Wednesday amid a backdrop of declining oil prices and the expectation of Congressional relief for the housing crisis.

Source: CNNMoney

FCCs Adelstein to Oppose XM-Sirius Deal

Wed, 23 Jul 2008 10:37:01 -0600

The commissioner says he has decided to vote against the planned merger because of dissent over concessions.

Source: TheStreet

Pfizer profit doubles but anti-smoking drug lags

Wed, 23 Jul 2008 07:01:04 -0600

NEW YORK Reuters - Pfizer Inc on Wednesday said quarterly earnings more than doubled on higher sales of its prescription drugs and lower expenses but its Chantix quit-smoking drug lost more than a third of its U.S. sales amid safety concerns.

Source: Reuters

Washington Mutual has $3.33 billion Q2 loss

Tue, 22 Jul 2008 15:01:04 -0600

NEW YORK Reuters - Washington Mutual Inc the largest U.S. savings and loan on Tuesday posted a $3.33 billion second-quarter loss boosting its reserve for loan losses as the number of soured mortgages soared.

Source: Reuters

ConocoPhillips profit soars on high crude prices

Wed, 23 Jul 2008 07:49:16 -0600

Oil giant ConocoPhillips says record crude prices helped its second-quarter profit dwarf year-ago results when the company incurred ...

Source: USA Today Money

Merck KGaA says Q2 operating profit rises 15 pct

Wed, 23 Jul 2008 00:13:04 -0600

FRANKFURT Reuters - German drugs and chemicals company Merck KGaA reported a 15 percent rise in second-quarter operating profit on Wednesday thanks to rising sales of liquid crystals and multiple-sclerosis and cancer drugs.

Source: Reuters

Toyota tops GM in first-half sales with 4.8M worldwide

Wed, 23 Jul 2008 07:25:16 -0600

Toyota Motor sold 4.8 million vehicles worldwide in the first half of the year up 2% from the same period a year ago the Japanese ...

Source: USA Today Money

Preferred stock? Go for real estate firms over financials

Tue, 22 Jul 2008 22:13:17 -0600

Q My adviser says I should buy preferred stock in Fannie Mae FNM Bank of America BAC and other banks paying rich dividends. ...

Source: USA Today Money

Top 10 Business News Stories

Wind power A reality check

Costco sees Q4 profit below Wall Street estimates

Solid start seen on Wall Street

FCCs Adelstein to Oppose XM-Sirius Deal

Pfizer profit doubles but anti-smoking drug lags

Washington Mutual has $3.33 billion Q2 loss

ConocoPhillips profit soars on high crude prices

Merck KGaA says Q2 operating profit rises 15 pct

Toyota tops GM in first-half sales with 4.8M worldwide

Preferred stock? Go for real estate firms over financials