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Merrill Lynch to write down further $6-8 bln: report 15 Apr 08, 23:26 ET Reuters - Merrill Lynch will announce a further $6 billion to $8 billion of asset writedowns in its quarterly results this week, the Wall Street Journal reported on Wednesday, citing a person familiar with the matter. more 'Professional plaintiff' shareholders - the bane of German business 15 Apr 08, 22:50 ET AFP - "Professional plaintiffs" are a German boss's nightmare. These litigious shareholders pry open legal cracks and launch court battles that often force companies to buy them off with large sums of cash. more Washington Mutual swings to 1Q loss on $3.5B provision 15 Apr 08, 22:13 ET AP - Washington Mutual, the nation's largest savings and loan, said Tuesday it lost more than $1.1 billion in the first quarter as the struggling economy and flagging real estate values pummeled the bank's borrowers. more UBS needs 'two to three years' to repair reputation damage: new chairman 15 Apr 08, 21:35 ET AFP - It will take around two to three years for embattled Swiss banking giant UBS to regain its reputation as one of the world's most stable and trusted banks, its new chairman said in an interview published Wednesday. more WaMu investor vote favors a new chair after big loss 15 Apr 08, 20:00 ET Reuters - Washington Mutual Inc shareholders voted on Tuesday to ask Chief Executive Kerry Killinger to give up his role as chairman, after the largest U.S. savings and loan was throttled by losses tied to the nation's sinking housing market. more Intel firm on margin target for year, shares jump 15 Apr 08, 19:11 ET Reuters - Intel Corp on Tuesday affirmed its profit-margin target for 2008, reassuring investors concerned about falling memory chip prices and the impact of a weak U.S. economy, sending its stock up 8 percent. more Airline combos could mean higher prices, fewer choices 15 Apr 08, 18:32 ET AP - Getting hitched may be the right move for Delta and Northwest. But for beleaguered air travelers, it could usher in an era of higher fares, fewer flights, more confusion at the airport and even more crowded planes. more Wholesale prices soared in March 15 Apr 08, 18:31 ET AP - Inflation at the wholesale level soared in March at nearly triple the rate that had been forecast as energy prices kept rising and food costs posted a much bigger jump than anticipated. more Energy and banks lift Wall St. 15 Apr 08, 18:26 ET Reuters - Stocks gained on Tuesday as record oil prices lifted energy shares and stronger-than-expected quarterly results at several U.S. regional banks boosted shares of financial companies. more Delta/Northwest may spark more airline mergers 15 Apr 08, 18:13 ET Reuters - The proposed merger of Delta Air Lines Inc and Northwest Airlines Corp is likely to spur other carriers to go after the cost savings and global brand recognition required to survive amid soaring fuel prices and a weak U.S. economy. more Stocks rise in erratic trading after economic, earnings data 15 Apr 08, 17:35 ET AP - Wall Street closed an erratic session moderately higher Tuesday after investors sorted through a mixed batch of data that included a rebound in New York manufacturing, signs of rising inflation and uneven first-quarter earnings. The market also had its eye on the rising price of crude oil. more Intel 1Q profit declines, hurt by restructuring charges 15 Apr 08, 17:02 ET AP - Intel Corp. says its first-quarter profit declined 12 percent, hurt by charges, but sales grew amid healthy global demand for its processors and chipsets. more Producer inflation mounts, fanned by energy 15 Apr 08, 16:52 ET Reuters - U.S. producer prices advanced sharply last month on higher energy costs, spelling more problems for the economy and lowering the prospects for another steep Federal Reserve interest rate cut. more Oil hits record $114, Britain calls for OPEC hike 15 Apr 08, 16:39 ET Reuters - Oil prices jumped to a new peak over $114 a barrel on Tuesday amid lingering supply worries and weakness in the U.S. dollar, deepening concern in world consumer nations that a spike in energy costs could cause severe economic damage. more Windows XP Service Pack 3 Will Come This Month 15 Apr 08, 16:15 ET NewsFactor - Windows XP Service Pack 3 (SP3) will reportedly debut later this month. Tech news outlets are widely reporting that the much-anticipated update will be available on April 29. Microsoft was not immediately available for comment. more Sales Presentations: Tips on Dealing With Anxiety 15 Apr 08, 16:05 ET NewsFactor - All professional salespeople have to be involved in a presentation at some time in their sales career, but when it comes to the enthusiasm that sales professionals have for making a presentation, they broadly fall into four categories: more US Bancorp earnings slide 4 pct as charge-offs increase 15 Apr 08, 11:46 ET AP - U.S. Bancorp said Tuesday its first-quarter earnings fell 4 percent due to losses stemming from the mortgage crunch but declared its credit problems will continue to be manageable. more State Street faces unrealized losses; profit up 15 Apr 08, 11:42 ET Reuters - Financial services company State Street Corp , which has been grappling with the fallout from the deepening credit crisis, said on Tuesday that it faces billions of dollars in unrealized losses on two portfolios. more Insight: Darker days lie ahead but no depression 15 Apr 08, 11:35 ET FT.com - The Federal Reserve has belatedly recognised that investment banks, hedge funds and other non-deposit-taking financial institutions are as vital as banks to both the financial and "real" economies. more Visible World Raises $25 Million to Support Surging Demand For Its Intelligent Television Advertising Platform 15 Apr 08, 11:31 ET PRWeb - Leaders of the Financial, Advertising, and Media Industries Cast Their Votes for Visible World’s Revolutionary Targeting and Customization Technology. more Ford to build 30 pct more of its Focus small cars this year 15 Apr 08, 11:18 ET AP - Ford Motor Co. says it will increase production of its Focus small car by 30 percent this year to meet higher demand. more Infected USB Devices on the Rise 15 Apr 08, 10:36 ET NewsFactor - You can plug lots of handy items into your computer's USB port, from mobile storage devices to printers. If you're not careful, you can also plug in a piece of malware, as well. That threat is growing rapidly: One USB-borne piece of malware known as INF/Autorun has been at the top of the threat charts two months in a row. more A Taxing History 15 Apr 08, 08:08 ET BusinessWeek Online - The year is 1865. Andrew Carnegie steps out of his carriage sporting a gold watch. At home in Carnegie's Pennsylvania estate, his grandchildren bang on a custom-made piano. Things are quite comfortable for the Carnegie family. And why not? The steel baron and later philanthropist would earn $84,000 that year -- the equivalent of about $2 million today. more Ten reasons to like U.S. equities: BlackRock 15 Apr 08, 06:20 ET Reuters - BlackRock, the giant U.S. investment fund with some $1.36 trillion in assets under management, reckons the banking crisis is not over and companies are delaying expansion plans and in some case cutting spending. more Foreclosures jump 57 percent in last 12 months 15 Apr 08, 05:26 ET Reuters - Home foreclosure filings surged 57 percent in the 12 month-period ended in March and bank repossessions soared 129 percent from a year ago, as homeowners struggled to make mortgage payments, real estate data firm RealtyTrac said on Tuesday. more Oil rises to trading record above $112 15 Apr 08, 00:54 ET AP - Oil prices rose to an intraday trading record above $112 a barrel Tuesday after the U.S. dollar fell further and crude supplies to the U.S. and elsewhere were disrupted. more

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