Archive for July 17th, 2009
Four more banks bite the dust
State regulators shut down four banks Friday, the Federal Deposit Insurance Corporation said.
Stocks: Higher week, mixed day
IBM’s improved outlook lifted the Dow industrials Friday, but the broader market struggled as investors showed fatigue after a strong week on Wall Street.
Crocs lose their footing
In the last five years, Crocs have become ubiquitous, stepping onto the red carpet and the black top of every playground across the country. But that meteoric growth may be what leads the company to its downfall.
Treasurys fall on housing data
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Dragged into a bankruptcy that isn’t yours
“Bankruptcy” isn’t a word business owners want linked to their venture, but when a franchise company goes broke, independent operators get branded by association — even if their own store remains healthy and profitable.
Dollar gains on mixed earnings
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Oil settles above $63
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Judge dismisses Mark Cuban case
A federal judge has dismissed the Securities and Exchange Commission’s insider trading case against Dallas Mavericks owner Mark Cuban, CNN has confirmed.
‘Rubbish rally’ is over…focus on growth
It’s funny how Wall Street works these days. News that should be considered bad is thought to be good because it’s “less bad.” But some companies that actually report good news get punished because it’s not good enough.
Verizon to cap new handset deals
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