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08/28/2008 11:37 AM |
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Toyota cuts sales forecast as demand sputters
(Reuters) |
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 Reuters - Toyota Motor Corp (7203.T), the world's
most profitable carmaker, cut its 2009 vehicle sales forecast
by nearly 7 percent due to a severe downturn in Western markets
driven by high fuel prices and a credit crunch.
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08/28/2008 07:03 AM |
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Starbucks top brass to receive no raise next year
(Reuters) |
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 Reuters - Top executives at Starbucks Corp
including Chairman and Chief Executive Howard Schultz
will not be getting raises anytime soon, after the coffee
chain's first-ever quarterly loss as a public company.
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08/28/2008 01:03 PM |
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Oil rises above $119 on storm fears
(Reuters) |
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 Reuters - Oil rose for a fourth straight day to
above $119 a barrel on Thursday, on fears Tropical Storm Gustav
may hit the Gulf of Mexico after it morphs into a major
hurricane, crippling the heart of U.S. offshore production.
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08/28/2008 11:45 AM |
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Caterpillar sees strong China sales enduring
(Reuters) |
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 Reuters - Caterpillar Inc expects
weakness in rich-country economies to persist into 2009 but its
sales in China will remain strong, Jim Owens, chairman and
chief executive of the U.S. construction and mining equipment
firm, said on Thursday.
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08/28/2008 11:22 AM |
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Esprit shares plummet on growth worries
(Reuters) |
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 Reuters - Shares in Esprit Holdings, the
world's No. 5 fashion retailer, plunged nearly a fifth on
Thursday to their lowest in two years after the firm missed
earnings forecasts and warned investors of tougher times ahead.
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08/26/2008 10:58 PM |
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Thornburg survival in doubt, sees completing tender
(Reuters) |
Reuters - Thornburg Mortgage Inc , a
specialist in jumbo home loans, said its survival remained in
doubt following additional margin calls, but it is on track to
complete a restructuring and avoid collapse.
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08/27/2008 03:04 AM |
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Chico's profit beats; J Crew cuts view
(Reuters) |
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 Reuters - Apparel retailers Chico's FAS Inc
and American Eagle Outfitters Inc posted
better-than-expected profits on Tuesday despite taking deep
markdowns to lure shoppers of all ages, sending their shares
higher.
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