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Monthly Archive for December, 2007

AP - Sales of previously owned homes nudged up in November, but that didn’t improve the broader picture of a feeble housing market racked by record-high foreclosures and harder-to-get credit.

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Consolidated Mercantile Closes Polyair Inter Pack Deal

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Construction work continues on new homes in Carlsbad, California September 18, 2007. (Mike Blake/Reuters)Reuters - The pace of existing home sales
edged up in November from a record low, according to a report
on Monday that offered some tentative signs of stabilization in
the still-ailing housing market.

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Winnipeg Commodity Exchange To Be Renamed ICE Futures Jan. 1

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Nasdaq Gets Approval For Investment From Borse Dubai

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The newspaper plans to send a weekly community news section and some advertising production to India in January

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Traders work on the floor of the New York Stock Exchange August 9, 2007. (Lucas Jackson/Reuters)Reuters - Projections for S&P 500 companies’
fourth-quarter earnings swung to a 6.1 percent drop on Monday
from an 11.5 percent rise on October 1, in the biggest
quarterly move since Reuters Estimates started compiling
analysts’ forecasts in 1999.

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Treasury Awards $39 Billion Of 3- And 6-month T-bills

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Waitrose takes first steps abroad

Waitrose unveils plans to expand overseas with a deal to open its food stores in the United Arab Emirates.

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Fed Adds $17.5 Bln In Funds Through Overnight Repos

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