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Monthly Archive January, 2009

Eli Lilly profits fall

January 31, 2009

Eli Lilly and Co reported flat fourth-quarter sales Thursday and said earnings fell on charges related to its acquisition late last year of biotechnology […]

money - Comments closed

Fed’s Move Into ‘Uncharted Waters’ Spurs New Look at Forecasts

January 28, 2009

Federal Reserve officials are considering an overhaul of their economic forecasting, aiming to make clear their objectives for growth and inflation in the aftermath […]

management - Comments closed

Darling Says U.K. Downturn Is Worse Than Expected

January 26, 2009

Chancellor of the Exchequer Alistair Darling suggested he may have to scale back predictions of economic recovery later this year, acknowledging that Britain’s recession […]

marketing - Comments closed

Fiat takes 35% stake in Chrysler

January 22, 2009

Italy’s Fiat will take a 35% stake in U.S. car maker Chrysler LLC - valued at zero by its part-owner - in a deal […]

management - Comments closed

Charter fails to make $73 million in interest payments on debt

January 18, 2009

Charter Communications Inc. billionaire Paul Allen’s unprofitable U.S. cable television company missed $73.7 million in interest payments due Thursday, moving it closer to a […]

online - Comments closed

Goodhart Says ‘Sack’ DMO to Bolster U.K. Economy

January 14, 2009

Prime Minister Gordon Brown should “sack” the U.K. Debt Management Office and refrain from issuing government bonds as a way of bolstering the economy, […]

economics - Comments closed

Lyondell gets over $2 billion in bankruptcy financing

January 10, 2009

Lyondell Chemical Co received bankruptcy court approval on Wednesday to access more than $2 billion in interim debtor-in-possession financing and an emergency $100 million […]

term - Comments closed

Italy’s Inflation Slows as Recession Deepens, Energy Costs Fall

January 6, 2009

Italy’s inflation rate fell to the lowest in 14 months as energy costs plummeted and the recession made it harder for retailers to raise […]

technology - Comments closed