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| Yahoo! News: Business Updated : Wed, 19 Nov 2008 23:33:15 GMT Homebuilder, REIT shares tumble as recession spreads (Reuters) Reuters - The shares of big U.S. homebuilders and real estate companies alike slumped on Wednesday as housing starts fell to a record low and concerns spread the commercial real estate market is going the way of residential. Publ.Date : Wed, 19 Nov 2008 18:02:20 GMT Citigroup stock drops to 13-year low, fear grows (Reuters) Reuters - Citigroup Inc faced a crisis of confidence on Wednesday as investors questioned the survival prospects of the U.S. banking giant, and its shares tumbled 23 percent to a 13-year low. Publ.Date : Wed, 19 Nov 2008 23:28:48 GMT Fed minutes: may need more rate cuts if growth ebbs (Reuters) Reuters - Federal Reserve officials slashed economic growth forecasts through 2009 and some believed even deeper interest rate cuts may be needed if growth slows further, minutes of their October policy meeting show. Publ.Date : Wed, 19 Nov 2008 20:46:19 GMT Microsoft rules out buying Yahoo but likes search deal (Reuters) Reuters - Microsoft Corp Chief Executive Steve Ballmer ruled out an acquisition of Yahoo Inc on Wednesday but said his company was interested in resuming talks on a Web search partnership. Publ.Date : Wed, 19 Nov 2008 19:01:32 GMT Wall Street sinks to lowest since 2003 (Reuters) Reuters - Stocks plunged to their lowest in five-and-a-half years on Wednesday as investors girded for a lengthy economic downturn and automotive executives predicted a far-reaching calamity without a government lifeline. Publ.Date : Wed, 19 Nov 2008 21:44:53 GMT Limited Brands posts lower net profit, shaves view (Reuters) Reuters - Limited Brands , the retailer whose main chains are Victoria's Secret and Bath and Body Works, posted lower net profit on Wednesday and trimmed its full-year earnings outlook. Publ.Date : Wed, 19 Nov 2008 23:33:15 GMT |
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