Earnings Estimates

China RuiTai Reports Third Quarter 2008 Financial Results (PR Newswire)

China RuiTai International Holdings Co., Ltd. , a leading producer and distributor of cellulose ether products in the People's Republic of China , today announced its financial results for the third quarter ended September 30,...

Citi carves deep into Wall St. jobs

In one of the largest single rounds of layoffs on record for any industry, Citigroup said Monday it planned to eliminate 52,000 jobs, or 14 percent of its global work force. NEW YORK — With its losses mounting, Wall Street is...

HUD: Consumers will shop for loans

Rule changes could cut into industry profits By Consumers will be less likely to accept overpriced loans, title insurance and other services -- including those offered by businesses affiliated with real estate brokerages and...

Lutz Says GM Is Over the Worst

GM's Robert A. Lutz boldly predicts that new models and cost cutting will return to the company to profitability Here's a bold statement: General Motors is on its way back. He even hinted that the company's dismal financials...

Online news site Crosscut poised to switch to nonprofit

Pacific Northwest regional news Web site Crosscut.com, founded by David Brewster, likely will morph into a nonprofit, as online advertising revenue has fallen short of projections. , David Brewster's commercial venture into the...

Panel to estimate revenues after hearing grim forecasts

HELENA - After hearing a series of generally bleak economic forecasts, a legislative committee today will estimate how much revenue the state can expect to receive this year and the next two fiscal years. The interim Revenue...

South Africa: Maiden Profit More Than Doubles at B&W

Posted to the web 18 November 2008 Bheki Mpofu Johannesburg ALTX-listed electrical and instrumentation contractor B&W's net profit for its maiden full year to August has jumped 133%, beating its prelisting forecasts. CEO Brian...

Glance-STOCKS NEWS EUROPE-Walker Crips down on fall in H1 profits

STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News 08:42GMT 18Nov2008-Walker Crips down on fall in H1 profits Shares in Walker Crips tumble 16.2 percent as the British financial services group posts a 42...

Business briefs: Hurst firm wins green building award

Hurst firm wins green building project award The Texas Association of Builders named a home by Hurst-based Elite Custom Homes the Green Building Project of the Year-Single Family at its recent awards ceremony. The group noted...

Glance-STOCKS NEWS EUROPE-Hypo Real down; no end to problems in sight

STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News 09:14GMT 18Nov2008-Hypo Real slides; UniCredit sees no end to problems Shares in Hypo Real Estate fall 9.9 percent to 2.96 euros, making them the top...