Archive for August 8th, 2008


Earthtimes (press release)
Berkshire Net Falls 7.6% to $2.88 Billion as Insurance Slumps
Bloomberg - 1 hour ago
By Josh P. Hamilton and Erik Holm Aug. 9 (Bloomberg) — Billionaire investor Warren Buffett's Berkshire Hathaway Inc. posted its third straight profit decline as lower rates pressured results in insurance operations.
Even Buffett Gets The Blues Forbes
Buffett Reports Dip in Profit New York Times
MarketWatch - The Associated Press - guardian.co.uk - Fort Worth Star Telegram
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Earthtimes (press release)
Even Buffett Gets The Blues
Forbes - 45 minutes ago
Berkshire Hathaway took a little kick in the pocketbook during the second quarter, joining investors the world over in partaking of declining stock prices.
Buffett Reports Dip in Profit New York Times
Berkshire Net Falls 7.6% to $2.9 Billion on Insurance (Update3) Bloomberg
MarketWatch - Wall Street Journal - The Associated Press - Reuters
all 221 news articles

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Boston Globe
Productivity ticks up in 2d quarter
Boston Globe - 5 hours ago
Daniel Fulton builds dormers at Westchester Modular Homes in Wingdale, NY Firms shed 165000 jobs in the quarter, and still managed to get more output with fewer workers.
US Productivity Masks A Threat Forbes
US productivity grew solidly in 2nd quarter Reuters
Washington Times - Bloomberg - Wall Street Journal - MarketWatch
all 72 news articles

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Earthtimes (press release)
Homebuilder Shares Catch Beazer's Breeze
Forbes - 2 hours ago
After months of despair, it doesn't take much to raise the hopes of investors in American homebuilders. Shares of Beazer Homes USA rose Friday on better-than-expected sales and a narrowed loss.
Beazer Posts Narrower Loss Wall Street Journal
Losses Narrow Slightly For Beazer Homes Tampa Tribune
Bloomberg - CNNMoney.com - Bizjournals.com - Reuters
all 176 news articles

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Washington Post
Time For An AOL Sale?
Forbes - 5 hours ago
Investors in Time Warner on Friday saw a silver lining around a Google cloud. When the Internet search company warned that its investment in Time's AOL unit might not be worth as much as it once was, that was taken to mean a sale of at least part of
Time Warner/AOL Financial Times
Time Warner profit drops 26% MarketWatch
Reuters - BBC News - TheStreet.com - Washington Post
all 524 news articles

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Sify
UBS: The ARS Are Ours
Forbes - 1 hour ago
UBS is going the extra mile to appease authorities and set things right with its clients. The Swiss bank made the reputation-saving move on Friday to outdo its rivals and buy back billions in auction-rate securities.
UBS balked at initial amount of fines Boston Globe
UBS-NY accord offers 'first aid' to muni issuers Reuters
Wall Street Journal - Bloomberg - CNNMoney.com - MarketWatch
all 1,604 news articles

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Earthtimes (press release)
Delphi Reports a Narrower Loss
New York Times - 5 hours ago
By BLOOMBERG NEWS Delphi, the bankrupt former auto parts unit of General Motors, said that its net loss narrowed to $551 million in the second quarter from a year earlier, when it had costs from lawsuits and a plant closing.
Delphi Posts Narrower Loss Wall Street Journal
UPDATE 1-Delphi posts narrower quarterly loss Reuters
Forbes - Detroit Free Press - BusinessWeek - Washington Post
all 99 news articles

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