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democrat-gazette press services
(Friday, Sept. 5, 2008)
Commodity-market regulators are investigating whether energy-market players are injecting false data into the marketplace to influence perceptions about crude-oil supply and demand, people familiar with the probe say. » Read story.
By The Arkansas Democrat-Gazette (Contact)
(Friday, Sept. 5, 2008)
Tyson to offer stocks, notes; shares dip 8.56% Tyson Foods Inc. announced in a news release Thursday that it would offer 20 million shares of Class A common stock and $450 million in convertible notes payable in 2013. » Read story.
Club cites law’s ‘plain language’
By Bill W. Hornaday (Contact)
(Friday, Sept. 5, 2008)
Opponents of a proposed $1.6 billion coal-fired power plant near Texarkana are appealing a federal judge’s July ruling that some types of construction are allowed before obtaining an air permit required by the Clean Air Act. » Read story.
By Laurie Whalen (Contact)
(Friday, Sept. 5, 2008)
America’s Car-Mart doubled its first-quarter fiscal 2009 profit in the wake of a comparably weak 2008 quarter and continuing profitability efforts at each of its 91 car lots that were in operation for the period. » Read story.
Retailer beats forecast, competitors with 3 percent August sales gain
By Toby Manthey (Contact), Steve Painter (Contact)
(Friday, Sept. 5, 2008)
Wal-Mart Stores Inc.’s August sales exceeded Wall Street expectations and beat much of the retail sector in August as shoppers pressured by high gasoline and food prices continued to look for bargains. » Read story.
by chris rugaber the associated press
(Friday, Sept. 5, 2008)
WASHINGTON — Jobless claims rose unexpectedly last week, the government reported Thursday, while companies responded to the slowing economy by producing more with fewer workers. » Read story.
Inflation fears trump recession fears; bankers warn of slowdown
by george frey and jane wardell the associated press
(Friday, Sept. 5, 2008)
FRANKFURT, Germany — The European Central Bank and the Bank of England left their key interest rates unchanged Thursday, reluctant to move them lower as rising prices offset the fear of weaker growth and recession. » Read story.
by madlen read the associated press
(Friday, Sept. 5, 2008)
NEW YORK — Wall Street plunged Thursday, sending the Dow Jones industrials down more than 340 points as retailers and the Labor Department added to the mountain of dismal economic news that has all but dashed investors’ hopes for a lateyear recovery. » Read story.
democrat-gazette press services
(Friday, Sept. 5, 2008)
QUOTE OF THE DAY “The customer is moving to value. In many cases they don’t have a choice.” H. Lee Scott, president and chief executive officer of Wal-Mart Stores Inc., in a Webcast on the Internet Article, 1D » Read story.
democrat-gazette press services
(Friday, Sept. 5, 2008)
Southwest Airlines Co. on Thursday posted the biggest decline in passenger traffic among the seven largest U.S. carriers in August as higher fares discouraged some air travel. » Read story.
Experts: Foreign black markets ripe for what was taken in Alltel heist
by bill w. hornaday and dave hughes arkansas democ
(Thursday, Sept. 4, 2008)
FORT SMITH — Foreign black markets are the most attractive outlets for cell phones like those swiped from an Alltel Corp. warehouse in Fort Smith last weekend, industry experts said. » Read story.
by anne d’innocenzio the associated press
(Thursday, Sept. 4, 2008)
NEW YORK — Early reports from several retailers including J.C. Penney Co. and Kohl’s Corp. confirmed on Wednesday what Wall Street had already expected : a weak start to the back-toschool shopping season. » Read story.
By Arkansas Democrat-Gazette Staff and Wire Reports
(Thursday, Sept. 4, 2008)
Orders at American factories climbed in July more than economists had forecast, a sign that exports kept buoying the economy at the start of the third quarter, the government reported Wednesday. » Read story.
democrat-gazette press services
(Thursday, Sept. 4, 2008)
QUOTE OF THE DAY “This has been a long, dismal story, and macro conditions are as bad as they get for the auto industry.” John Casesa, managing partner of Casesa Shapiro Group in New York Article, 1D » Read story.
Deal for Huiyuan part of U.S. company’s expansion in Asia
by stephanie wong bloomberg news
(Thursday, Sept. 4, 2008)
Coca-Cola Co. agreed to buy China Huiyuan Juice Group Ltd. for $2.3 billion, doubling its share of the nation’s fruit-juice market with the company’s largest overseas acquisition. » Read story.
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