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Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the third quarter and nine month periods ended June 28, 2008. For the three months ended June 28, 2008, the Company’s net income from continuing...
Robert Lea, Evening Standard In London, Brent crude traded down $2.04 at $115.82, its latest sizeable one-day reverse. Four weeks ago US light crude hit an all-time high of $147.27. Today it was off $2.06 to $117.96. In equity...
By Jeremy Lemer in New York Wall Street stocks rose on Friday, and were poised for a second week of modest gains, as a dip in oil prices offset weak results and a dividend cut from Fannie Mae, the embattled mortgage giant....
UBS is under pressure in the US (Keystone) Swiss banking giant UBS is facing further pressure after being forced to buy back $19.4 billion (SFr21 billion) of allegedly mis-sold bonds in the United States. UBS struck the deal on...
Fannie Mae today warned that worse was to come after America's biggest mortgage company swung into the red by $2.3 billion (£1.19 billion), marking a loss four times bigger than Wall Street's expectations. Shares in the company...
US productivity rose at an annualised rate of 2.2 per cent in the second quarter and labour costs jumped less than expected, easing inflation fears and dismissing any concerns that a 1970s-style wage-price spiral could start to...
By Steve Slater and Clara Ferreira-Marques LONDON (Reuters) - A 5.9 billion pound writedown on risky assets sent Royal Bank of Scotland to a first-half loss of 691 million pounds -- better than feared, but still one of the...
Fencing Hall Beijing, People´s Republic of China THE PRESIDENT: Congratulations for representing the finest nation on the face of the Earth. (Applause.) The honorary captain and I are proud to be with you. We´re here to wish...
