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Daily Archives: August 11, 2009

Ann

The E-Commerce Savior Leaves Town

Posted: August 11, 2009 at 5:12 am

Costco's (COST) same-store sales fell 7% last month. The firm was lucky. Abercrombie & Fitch’s (ANF) numbers were down 38%. Saks (SKS) plunged by 16.3% and Neiman Marcus fell 27.3%. ...
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uncle sam

Faced With The Obvious, The Fed Will Do Nothing

Posted: August 11, 2009 at 5:02 am

The Fed is expected to do nearly nothing as its members meet during the middle of this week. That nothing is in the face of what is now almost certainly ...
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newspaper

Media Digest 8/11/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: August 11, 2009 at 4:08 am

Reuters:   The Congressional Oversight Panel said the Treasury should do more to get toxic assets off bank balance sheets. Reuters:   A federal judge still refuses to sign off on an ...
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china

Asia Markets And Europe Open 8/11/2009

Posted: August 11, 2009 at 3:30 am

Markets in Asia rose modestly. The Nikkei was higher by .6% to 10,586. Honda (HMC) was flat after rising for several days. The Hang Seng was up by .1% to ...
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