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Thursday, July 2 2009
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DemandTec posts wider 1Q loss SAN CARLOS, Calif. (AP) -- Price-management software company DemandTec Inc. posted a wider net loss Wednesday for its fiscal first quarter, hurt by charges and higher costs even as revenue inched higher.... Constellation Brands 1Q profit drops 85 percent NEW YORK (AP) -- Wine and spirits maker Constellation Brands Inc. said it is benefiting from consumers switching from higher-priced beverages to those that offer more buzz for the buck.... General Mills: 2010 profit to rise, costs to slow MILWAUKEE (AP) -- General Mills Inc. reported Wednesday that its fiscal fourth-quarter profit beat estimates as sales of top brands like Cheerios rose while consumers continued eating at home.... KB Home new home orders up from 1Q Jobless data sends stocks reeling; Dow loses 223 NEW YORK (AP) -- The stock market found little to celebrate heading into the long holiday weekend.... How the major stock indexes fared on Thursday A dour report on job losses in June sent stocks sharply lower Thursday.... Elan, NRG Energy, Boeing are big movers NEW YORK (AP) -- Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:... Web retailers, states tussle over tax rules NEW YORK (AP) -- In a big break for online shoppers, Web retailers generally don't have to charge sales taxes in states where they lack a store or some other physical presence.... Feds seize Madoff penthouse, wife leaves NEW YORK (AP) -- Federal marshals seized disgraced financier Bernard Madoff's $7 million Manhattan penthouse on Thursday and forced his wife to move out and leave her possessions behind, including a fur coat she had asked to take with her, an official told The Associated Press.... AEG boss says Jackson insurance covers overdose LOS ANGELES (AP) -- Concert promoter AEG Live's chief executive says insurance will help cover any losses on the now-canceled Michael Jackson concert series if the pop star died accidentally, including of a drug overdose, but not if he died of natural causes.... Warren Buffett makes gifts to charity worth $1.53B |
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