Oil prices fell more than $3 Friday to below $68 a barrel, a two-week low, following a report that showed consumer confidence fell this month, Bloomberg reported.
August 14, 2009Business, Government
Oil Drops $3 to Close Week Below $68 a Barrel
Business, Safety, Government
Trimac Reports Lower 2Q Income
Canada-based transportation firm Trimac Income Fund earned C$1.1 million, or 3 cents per unit, in the second quarter, compared with C$2.6 million, or 9 cents, a year ago,
August 13, 2009Business
Trailer Bridge’s Returns to Profit in 2Q
Trailer Bridge Inc. said its second-quarter profit grew to $0.7 million, or 5 cents per share, in the second quarter, from a loss of $0.3 million, or 3 cents, the previous year.
August 13, 2009Business, Government
Business Inventories Decline in June
Business inventories fell 1.1% in June, marking the 10th consecutive decline, though sales rose, the Commerce Department said Thursday.
August 13, 2009Business, Equipment
Accuride Reports 2Q Loss on Soft Demand
Commercial vehicle component maker Accuride Corp. said it lost $36.1 million, or $1 per share, in the second quarter, compared with a profit of $3.4 million, or 10 cents, a year ago.
August 13, 2009Business
Wal-Mart’s 2Q Income Steady
Wal-Mart Stores said Thursday its fiscal second-quarter profit was 88 cents per share, at the top end of its guidance.
August 13, 2009Business, Government
Retail Sales Fall 0.1% in July
Retail sales fell 0.1% in July, the first decline in three months, the Commerce Department said Thursday.
August 13, 2009Business
Jobless Claims Rise for Week
Initial jobless claims rose to 558,000 last week, the Labor Department said Thursday.
August 13, 2009Business, Government
Import Prices Fall for First Time in Six Months
The price of goods imported to the United States fell 0.7% in July, the first decline in six months, the Labor Department said Thursday.
August 13, 2009Business, Safety, Government
DOT Freight Transport Index Plunges 14.2%
The Department of Transportation’s freight transportation services index fell 14.2% in June from a year earlier, the largest June-to-June decline in the 20 years in which it has been calculated.
August 12, 2009