AP Breaking News
The latest breaking business, global, and technology news from the Associated Press
Final Glance: Telecom companies
October 3, 2008, 5:49PM ET
Shares of some top telecom companies were mixed at the close of trading:
Final Glance: Specialty Retail companies
October 3, 2008, 5:49PM ET
Shares of some top specialty retail companies were mixed at the close of trading:
Final Glance: Pharmaceuticals companies
October 3, 2008, 5:49PM ET
Shares of some top pharmaceuticals companies were mixed at the close of trading:
Final Glance: PBM companies
October 3, 2008, 5:49PM ET
Shares of some top pbm companies were down at the close of trading:
Final Glance: Medical companies
October 3, 2008, 5:49PM ET
Shares of some top medical companies were mixed at the close of trading:
Final Glance: Media companies
October 3, 2008, 5:49PM ET
Shares of some top media companies were down at the close of trading:
Final Glance: Managed Care companies
October 3, 2008, 5:49PM ET
Shares of some top managed care companies were mixed at the close of trading:
Final Glance: Investment Banks companies
October 3, 2008, 5:49PM ET
Shares of some top investment banks companies were mixed at the close of trading:
Final Glance: Internet companies
October 3, 2008, 5:49PM ET
Shares of some top internet companies were mixed at the close of trading:
Europe governments scramble to protect deposits
October 6, 2008, 8:36AM ET
European governments struggled to find a coordinated approach to the crisis sweeping financial markets, as Denmark became the latest country to guarantee bank deposits, putting more pressure on Britain and other countries to follow.
Treasury announces plan to boost debt auctions
October 6, 2008, 8:36AM ET
The Treasury Department said Monday it will increase its debt auctions to handle the $700 billion rescue program for the country's financial system.
Strike causes major travel disruption in Belgium
October 6, 2008, 8:35AM ET
Belgian commuters struggled to get to work Monday as a one-day nationwide strike disrupted public transport and international rail links.
State Auto expects 3Q hurricane loss up to $60M
October 6, 2008, 8:34AM ET
State Auto Financial Corp. said Monday its third-quarter catastrophe losses from storm activity will be between $55 million and $60 million, as Hurricane Ike battered its policyholders in the Midwest.
Fed says it will pay interest on banks reserves
October 6, 2008, 8:32AM ET
The Federal Reserve said Monday it will begin paying interest on commercial banks' reserves and will expand its loan program to squeezed banks by billions of dollars, fresh steps to help ease a painful credit crisis.
Eli Lilly agrees to buy ImClone for over $6B
October 6, 2008, 8:28AM ET
The drugmaker Eli Lilly & Co. said Monday it has agreed to buy biotechnology company ImClone Systems Inc. for more than $6 billion in a deal that would expand its pipeline of cancer treatments.
Imax gets $10 million credit facility
October 6, 2008, 8:23AM ET
Imax Corp., which makes large-screen movie systems, said Monday it received a $10 million revolving letter of credit facility from the Bank of Montreal.
Ahead of the Bell: Adobe downgraded
October 6, 2008, 8:20AM ET
A Friedman, Billings, Ramsey analyst downgraded Adobe Systems Inc. Monday, saying the tough economy could mute the success of Creative Suite 4, the latest version of the software package that brings in the majority of the company's revenue.
Ahead of the Bell: Dollar Tree upgraded
October 6, 2008, 8:18AM ET
An analyst on Monday said Dollar Tree Stores Inc. is benefiting amid a difficult environment as consumers shift to lower-priced stores, and upgraded the discount retailer to "Overweight" from "Neutral."
Analyst downgrades shares of temp agency True Blue
October 6, 2008, 8:15AM ET
Fed will pay interest on banks' reserves, expand bank loan program to help ease credit stresses.
Ford CEO says company assessing tiny car for US
October 6, 2008, 8:10AM ET
Ford Chief Executive Alan Mulally says increased demand for small cars has led the automaker to revisit its decision not to bring the tiny European Ka model to the United States.
