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| FT.com - US Equities Market Data
FT.com - US Equities Market Data
US stocks fell as investors responded to deepening worries about the financial sector, inflation and disappointing economic data
Shares in Lehman Brothers continued their steep decline, falling more than 13 per cent amid fresh predictions of significant third-quarter writedowns
The severity of the US mortgage crisis was underscored as Freddie Mac, one of two government-sponsored enterprises that underpin the US housing market, paid its highest risk premium to sell a $3bn (£1.6bn), five-year debt issue to investors
Intel has offered a bullish forecast for its new Atom processor for low-end "netbooks" and other mobile computing devices, although executives conceded that the product could eat into sales of more profitable notebook chips
Strong laptop sales helped push Hewlett-Packard to a better-than-expected performance in the third quarter in spite of a tougher economic environment
General Dynamics, the US defence group and maker of Gulfstream business jets, is taking over Zurich-based Jet Aviation for SFr2.45bn ($2.25bn)
The breadth of the slowdown in discretionary US spending was underlined by quarterly results from Home Depot, the home improvement store, Target, the mass discounter, and Saks, the luxury fashion retailer
Cargill, the US agribusiness conglomerate, said it expected US grain prices to remain volatile for the coming year, prompting more food companies to expand their hedging activities to protect themselves from price rises
General Motors has backed away from a two-year drive to wean itself off incentives, highlighting the increasing desperation of US carmakers to counter the steep downturn in demand
Japan warned consumers over Apple's iPod Nano portable music player after one of its ministries received three reports of minor fires caused by overheating devices
Newsfeed display by CaRP |
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