29 2008
SAN FRANCISCO (MarketWatch) - Boeing Inc. shares fell more than 3% late Friday after Northrop Grumman Corp. won a key military tanker contract, and Ambac Financial Inc. slipped after the bond insurer said that it would cut its dividend in an effort to maintain its crucial triple-A credit rating.
29 2008
SAN FRANCISCO (MarketWatch) - Major Latin American markets dropped Friday as weak U.S. economic data, continuing credit concerns, poor bank earnings, and lower commodity prices battered investor confidence.
29 2008
SAN FRANCISCO (MarketWatch) – U.S.-listed shares of overseas companies dropped Friday in the wake of a massive write-down by insurance giant American International Group Inc. and a report that showed consumer sentiment tumbled in February.
29 2008
Buffett says the party’s over, at least for insurers. Berkshire Hathaway Chairman Warren Buffett predicts a big drop in profits for the insurance industry this year as the conglomerate he runs reports an 18% decline in fourth-quarter net income.
29 2008
U.S. stocks will enter March on uncertain footing next week, with a sell-off Friday marking the fourth consecutive month of declines for a market that remains plagued by the credit crisis and an uncertain economic outlook.
29 2008
In a surprising upset at the expense of Boeing, Northrop reportedly has won a $40 billion contract to build the Air Force 179 next-generation aircraft tankers.
