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Wal-Mart's Organics Could Shake Up Retail
YAHOO
AP - Wal-Mart Stores Inc. is throwing its weight behind organic products, a move that experts say could have the same lasting effect on environmental practices that Wal-Mart has had on prices by forcing suppliers and competitors to keep up.
February new home sales tumble, supply soars
YAHOO
Reuters - Sales of new U.S. homes plunged 10.5 percent in February, the biggest drop in nearly nine years, while prices fell and the number of homes on the market hit a record high, the government said on Friday in a report signaling significant slowing in the housing market.
EU Nations to Boost Energy Coordination
YAHOO
AP - European Union leaders on Friday pledged greater cooperation to secure steady energy supplies, keep prices down and help make the EU more competitive globally.
Tokyo Commercial Land Prices Rise
YAHOO
AP - Commercial land prices in Tokyo rose last year for the first time in more than a decade, while nationwide land prices fell at a slower rate amid a rebound in the world's second-largest economy, the government said Thursday.
Japan's trade back in surplus, Tokyo land prices up
YAHOO
AFP - Japan said its trade balance had swung back into surplus in February after the first deficit for five years in January as exports soared thanks to a strong global economy and a weaker yen.
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Corning Develops Heavy Metal-Free Glass
YAHOO
AP - A heavy metal-free glass developed by Corning Inc. will trim production and recycling costs at a time when prices for the super-thin screens used in liquid-crystal-display televisions are falling more sharply than ever.
Sources: YAHOO
Gas Prices Climb Above $2.50 A Gallon
AHN
Yvonne Lee - AHN Staff Reporter Washington, D.C. (AHN) - Gas prices climb above $2.50 a gallon for the first time since October. The Energy Information Administration says that the average price of gas increased by nearly 14 cents last week. U.S. drivers paid an average of $2.504 cents a...
Sources: AHN
Japanese Stocks Lower; Dollar Slips
YAHOO
AP - Japan's benchmark Nikkei stock index opened lower Wednesday on selling in securities house and pharmaceutical issues. The dollar slipped against the yen and euro.
Sources: YAHOO
Treasuries plunge, PPI and Bernanke feed the bears
YAHOO
Reuters - U.S. Treasury debt prices tumbled on Tuesday as a jump in underlying producer inflation and economic optimism from the Federal Reserve Chairman sparked a wave of selling that took on a momentum of its own.
Sources: YAHOO
UK Consumer Prices Rise 2.0 Pct. in Feb.
YAHOO
AP - Consumer prices rose 2.0 percent in the United Kingdom in February compared with a year earlier, up from 1.9 percent growth in January, the government said Tuesday.
Sources: YAHOO
US wholesale prices down 1.4 percent; core up 0.3 percent
YAHOO
AFP - US wholesale prices slid 1.4 percent in February on a sharp retreat in energy costs, the government reported in a report that offered a mixed picture on inflation.
Sources: YAHOO
Samsung Elec sees NAND prices stablising
YAHOO
Reuters - Samsung Electronics Co. Ltd. (005930.KS) expects flash memory chip prices to stabilize at the end of the second quarter, a top executive said on Tuesday, as demand for the chips used in MP3 music players and digital cameras recovers.
Sources: YAHOO
LG.Philips sees LCD prices weaker, margins up
YAHOO
Reuters - LG.Philips LCD Co. Ltd. (034220.KS) lowered on Tuesday its outlook for liquid crystal display (LCD) prices and shipments in the first quarter, but forecast better profitability on lower costs.
Sources: YAHOO
Producer prices fall 1.4 pct, but core up
YAHOO
Reuters - U.S. producer prices fell a surprisingly steep 1.4 percent last month, the biggest drop in nearly three years, as energy and food costs tumbled but other prices rose 0.3 percent in a sign of bubbling price pressures, a government report showed on Tuesday.
Sources: YAHOO
Wholesale Inflation Slides in February
YAHOO
AP - Inflation at the wholesale level plunged by the largest amount in nearly three years in February as the price of food and energy products including gasoline fell sharply.
Sources: YAHOO
Alternative energy attracting more investors
YAHOO
Reuters - A perfect storm of high energy prices, government subsidies and renewed interest from Wall Street is boosting investment in wind, solar and other alternative energy projects, said fund managers and other experts on Monday at a conference on renewable energy.
Sources: YAHOO
Weekly gasoline price soars: govt
YAHOO
Reuters - The average price U.S. drivers paid for gasoline soared 13.8 cents, the third biggest weekly increase on record, to hit $2.50 a gallon for the first time since last October, the government said on Monday.
Sources: YAHOO
Oil drops 4 percent as robust US stockpiles weigh
YAHOO
Reuters - Oil prices fell four percent on Monday as dealers shifted their focus from shaky geopolitics to brimming U.S. stockpiles and took profits from last week's sharp gains.
Sources: YAHOO
Latest to complain about prices at the pump: Pentagon
CNN
Sources: CNN
German Producer Prices Show Big Rise
YAHOO
AP - Higher prices for oil and energy pushed German producer prices up in February at the fastest annual rate in nearly 24 years, according to government figures released Monday.
Sources: YAHOO
Reliant Energy forecasts 2006 loss
YAHOO
Reuters - Power company Reliant Energy Inc. on Monday forecast a 2006 loss from continuing operations, before income taxes, of $89 million, reflecting lower commodity prices and mild weather.
Sources: YAHOO
Glitches rise in complex high-tech items
YAHOO
USATODAY.com - Early adopters of some swanky high-tech products are getting hit with glitches. Philips Electronics is recalling 11,800 plasma television sets. Philips' recall is not unique. Mistakes are inevitable as tech firms churn out increasingly complicated products for ever-falling prices.
Sources: YAHOO
Lucent shares fall on Barron's report
YAHOO
Reuters - Shares of telecom equipment maker Lucent Technologies Inc. fell 3.5 percent before the bell on Monday, after Barron's business weekly said its shares could fall to $2.25 if big customers demand lower prices and if demand for next-generation telecom services proves less than expected.
Sources: YAHOO
Japanese Stocks Rise; Dollar Up vs. Yen
YAHOO
AP - Japanese stocks rose Monday, lifted by upbeat earnings forecasts from a string of Japanese companies. The dollar rose against the yen.
Sources: YAHOO
Wheeling-Pittsburgh Posts $23.4M 4Q Loss
YAHOO
AP - The parent of Wheeling Pittsburgh Steel Corp. blamed rising costs and falling steel prices for a fourth-quarter loss of $23.4 million, pushing shares down 5.38 percent.
Sources: YAHOO
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