Daily Archives: 2009/02/03

GM Reportedly in Talks to Sell Truck Plant (TheStreet.com)

2009/02/03
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The automaker is discussing selling its medium-duty truck unit to Isuzu Motors, a report says. More: continued here

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‘Mad Money Lightning Round’: Sold on Varian Medical (TheStreet.com)

2009/02/03
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Cramer says it’s a quality company More: continued here

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BP Swings to Fourth-Quarter Loss (TheStreet.com)

2009/02/03
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The U.K. oil company swung to a loss of $3.3 billion as oil prices declined significantly. More: continued here

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Retail Winners & Losers: Macy’s (TheStreet.com)

2009/02/03
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The stock slips after announcing job cuts and a cut in their dividend. More: continued here

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Anadarko Profit Aided by One-Time Items (TheStreet.com)

2009/02/03
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The exploration & production company reports a sharply lower annual profit, due to declining commodity prices in 2008. More: continued here

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Citi to Spend $36.5 Billion to Boost Lending (TheStreet.com)

2009/02/03
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A report, meanwhile, said the bank is seeking bidders for its Japanese unit just a year after acquiring it. More: continued here

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Hitachi Posts $4.1 Billion Quarterly Loss (TheStreet.com)

2009/02/03
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The Japanese manufacturer reported a third-quarter loss of 371 billion yen ($4.14 billion) as demand weakened. The company confirmed that it expects its worst ever full-year loss. More: continued here

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UBS, Morgan Talked Brokerage Sale: Reports (TheStreet.com)

2009/02/03
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The Swiss bank held preliminary talks with Morgan Stanley about the sale of its U.S. brokerage unit, say reports. More: continued here

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