Archive for August 1st, 2008


Dividend.com
Post Co. Reports First Operating Loss in 37 Years
Washington Post - 8 hours ago
By Frank Ahrens The Washington Post Co. yesterday reported its first operating loss in 37 years as a publicly traded company, as deteriorating conditions at the company's flagship newspaper combined with the cost of payroll reductions to drag down
Washington Post Records a Loss on Buyout Charges New York Times
Washington Post Swings to Loss Wall Street Journal
Reuters - Bizjournals.com - Forbes - RTT News
all 48 news articles

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BBC News
Spain Is Calm Over Chávez Nationalization
Wall Street Journal - 38 minutes ago
By BERND RADOWITZ and JONATHAN HOUSE Spain reacted calmly to Venezuelan President Hugo Chávez's announcement that he would nationalize the local unit of Spanish giant Banco Santander SA, with Madrid saying it wouldn't interfere in the negotiations.
Bank Tries to Allay Fears of Instability in Venezuela New York Times
Media invents Russian military bases in Venezuela Granma International
Bloomberg - Reuters - MarketWatch - Forbes
all 380 news articles

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Chrysler Says It's Ahead of Fiscal Plan
Wall Street Journal - 6 hours ago
By JEFF BENNETT Chrysler LLC, in a surprising move aimed at quelling speculation, released some financial data and said it is ahead of its operational plan.
Private Chrysler says cash flow is positive Detroit Free Press
Chrysler Posts a Profit, of Sorts BusinessWeek
FOXBusiness - Forbes - Reuters - DetNews.com
all 65 news articles

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Traders Jump at Calls For Ambac and MBIA
Wall Street Journal - 11 hours ago
By TENNILLE TRACY Options traders rallied around bond insurers after Ambac Financial Group Inc. shelled out $850 million to cancel a contract to insure a collateralized debt obligation.
Worst 10-year performers: Ambac Financial tops the list BloggingStocks
Ambac sets $850 mln Citi settlement, stock up Reuters
Forbes - TheStreet.com - Motley Fool - Wall Street Journal
all 34 news articles

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E Canada Now
Take Away Their Menthols? Is That Cool?
New York Times - 9 hours ago
By MIREYA NAVARRO OVER the last 10 years, Jamey Heath, a songwriter and producer, has adjusted to an increasingly nonsmoking world and put up with the indignities.
FDA One Step Closer to Tobacco Regulation MedHeadlines
google news commentComment by M. Cass Wheeler Chief Executive Officer,American Heart Association
MarketWatch - RedOrbit - Marin Independent-Journal - Bloomberg
all 520 news articles

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BBC News
Bank Tries to Allay Fears of Instability in Venezuela
New York Times - 31 minutes ago
By SIMON ROMERO CARACAS, Venezuela - The central bank sought on Friday to calm fears of faltering banks a day after President Hugo Chávez unexpectedly announced the nationalization of a large Spanish-owned bank, his latest effort to intensify state
Chavez Tightens Hold on Venezuela With Bank Takeover (Update5) Bloomberg
Spain's Santander talks to Venezuela on bank sale Reuters
Forbes - Wall Street Journal - MarketWatch - Diario las Américas
all 373 news articles

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Los Angeles Times
FDIC takes control of Fla. bank; fourth to fail since July 11
Los Angeles Times - 2 hours ago
The Federal Deposit Insurance Corp. today said it took control of First Priority Bank of Bradenton, Fla., marking the eighth bank failure this year — and the fourth just since July 11, when the feds seized IndyMac Bank of Pasadena.
Florida bank closed by FDIC CNNMoney.com
Small Florida bank is 8th US failure this year Reuters
MarketWatch - Wall Street Journal - Bizjournals.com - International Herald Tribune
all 111 news articles

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Wall Street Journal
Chevron Posts Record Profit Despite Loss in Refinery Unit
New York Times - Aug 1, 2008
By REUTERS Chevron said Friday that record oil prices drove second-quarter earnings up 11 percent to its highest-ever profit, but weak margins from gasoline production led to a big loss at its refining operations.