Trailer maker Wabash National Corp. said its third-quarter profit fell to $3.8 million or 12 cents a share, from $5 million or 15 cents a year ago.
November 1, 2007BusinessFuel
Oil Continues to Soar; Tops $96 in Intraday Trading
Crude oil continued to soar, rising to more than $96 a barrel early Thursday, following Wednesday's Energy Department report that showed lower supplies, Bloomberg reported.
November 1, 2007GovernmentBusiness
Personal Spending Rises 0.3% in September
Consumer personal spending rose 0.3% in September, the Commerce Department said Thursday.
November 1, 2007Business
Jobless Claims Fall by 6,000 for Week
Initial jobless claims fell by 6,000 last week to 327,000, the Labor Department said Thursday.
November 1, 2007Business
Fed Lowers Benchmark Interest Rate to 4.5%
The Federal Reserve voted Wednesday to lower the benchmark U.S. interest rate by a quarter of a percentage point to 4.5%, for only the second reduction in four years.
October 31, 2007BusinessSafetyGovernment
NAFTA Surface Trade Rises 4.2%
Surface trade among the United States, Canada and Mexico rose 4.2% in August from a year earlier, the Transportation Department said Wednesday.
October 31, 2007Business
NAFTA Surface Trade Rises 4.2%
October 31, 2007
BusinessSafetyGovernmentLogistics
Pacer’s 3Q Profit Declines
Transportation and third-party logistics firm Pacer International’s third-quarter profit fell 27% from a year ago, the company said.
October 31, 2007Business
Wright Express’ 3Q Income Dips
Wright Express Corp. said Wednesday it earned $22.2 million or 55 cents a share in the third quarter, down from $34.4 million or 83 cents a year ago.
October 31, 2007BusinessEquipment
Michelin’s Revenue Growth Slows
Revenue growth at tire maker Michelin slowed to 2.5% after the company had a 4.7% sales increase in the first half of the year, Bloomberg reported.
October 31, 2007