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Analog Devices 4Q earnings fall; 1Q outlook upbeat

AP News 5 hours ago

Analog Devices' fiscal 4th-quarter earnings fall 27 percent; revenue seen up in 1st-qtr Chipmaker Analog Devices Inc. said Monday its net income fell 27 percent in the fiscal fourth quarter, as demand declined for semiconductors in its industrial and communications business. But ...

Hedge funds may get $11 billion frozen at Lehman

Reuters US Online Report Business News 5 hours ago

NEW YORK (Reuters) - Lehman Brothers International (Europe), where more than $35 billion of hedge fund assets have been frozen since the bank's collapse last September, could return about $11 billion to fund managers by March if enough firms approve a new ...

Sliding dollar drives gold to record high

AFP Global Edition 5 hours ago

The dollar came under fresh pressure Monday after comments suggesting US authorities may extend emergency stimulus measures, encouraging traders to move into riskier assets including gold. Volatile market action weighed on the greenback but boosted the price of gold to a record ...

HP quarterly net profit up 14 percent

AFP American Edition 5 hours ago

US computer giant Hewlett-Packard posted a 14 percent rise in quarterly net profit Monday as slumping personal computer sales were offset by a solid performance in its services division. The Palo Alto, California-based HP reported fourth-quarter net profit of 2.4 billion dollars, ...

Treasury bond market at a glance

AP News 5 hours ago

Monday's Treasury bond market at a glance Key barometers in the Treasury market late Monday, compared with late Friday. Price changes in the 10-year note and 30-year bond are per $1,000 invested: 10-year bond 0.94 -2.50 30-year bond 2.50 -2.81 ___ Yield ...

Freddie Mac: Taylor, Bean loss may be significant

AP News 6 hours ago

Freddie Mac says losses related to Taylor, Bean bankruptcy 'could be significant' Mortgage finance company Freddie Mac said Monday it could lose $500 million or more as a result of the bankruptcy protection filing of Taylor, Bean & Whitaker Mortgage Corp. In ...

Treasurys recover, rise on strong demand

AP News 6 hours ago

Treasurys recover from early losses as demand for new debt remains high Treasury prices recovered from early losses Monday as investors took advantage of a dip in prices to add more government debt to their portfolios. Prices had been lower for much ...

EXISTING HOME SALES

AP News 6 hours ago

Chart shows existing home sales for October Copyright 2009 AP News

Gold touches new high of $1,174 as dollar weakens

AP News 6 hours ago

Gold reaches new high as dollar tumbles, other metals finish at highest levels of the year A weaker dollar carried gold prices to a new record Monday and also boosted silver and copper to their highest levels of the year. Oil prices ...

Dynex buys Deutsche Bank share of joint venture

AP News 6 hours ago

Dynex buys Deutsche Bank share of joint venture for $9.5M, will take $3M charge in 4Q Dynex Capital Inc., a mortgage real estate investment trust, said Monday its subsidiary, Issued Holdings Capital Corp., has bought Deutsche Bank's shares of a joint venture ...

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