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The investment bank Goldman Sachs, the firm that has looked the best throughout the credit crisis, reported a profit Tuesday of $845 million, or $1.81 a share, in the third quarter, down 70 percent from a year ago. ...more
September 17, 2008
Hewlett-Packard Co. weathered economic turbulence remarkably well in the fiscal third quarter, but the technology bellwether faces another big challenge: stiffer personal-computer competition that threatens to slow its steady growth. ...more
August 21, 2008
Repairs to drought-stricken flower beds and sales of freezers designed to hold bought-in-bulk food helped Lowe's Cos. post a better-than-expected second-quarter profit. ...more
August 19, 2008
Macy's Inc. saw its second-quarter earnings drop slightly and warned on Wednesday that full-year profits will be below Wall Street expectations as shoppers are more cautious about spending. ...more
August 14, 2008
The Labor Department reported Friday that companies are still adding to their ranks - albeit at a slower pace - even with deepening troubles in the housing and credit markets.
Employers added a net 94,000 new jobs to their payrolls last month. That was down from a surprisingly strong gain of 170,000 jobs in October but was still sufficient to prevent the unemployment rate from rising. The jobless rate has held steady at 4.7 percent for three months in a row. ...more
December 7, 2007
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