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Commercial Vehicle Group Reports Third Quarter 2008 Results

Wednesday, October 22, 2008
PR Newswire (press release), NY -
NEW ALBANY, Ohio, Oct. 22 /PRNewswire-FirstCall/ -- Commercial Vehicle Group, Inc. (Nasdaq: CVGI) today reported revenues of $192.9 million for the third quarter of 2007. Net loss was $2.6 million for the quarter, or ($0.12) per diluted share, compared to a ...

Commercial Vehicle Group Reports Third Quarter 2008 Results - MarketWatch

Wednesday, October 22, 2008
MarketWatch -
, , ) today reported revenues of $192.9 million for the third quarter ended September 30, 2008, compared to revenues of $160.9 million for the third quarter of 2007. Net loss was $2.6 million for the quarter, or ($0.12) per diluted share, compared to a ...

Another Fed rescue -- baltimoresun.com

Oct 22, 2008
Baltimore Sun, United States -
First, it was the banks. Now the Federal Reserve has come to the aid of money market funds as the government seeks to break the credit logjam that threatens the global economy. A week after the government announced it would spend $250 billion to buy ...

Asia Times Online :: Asian news and current affairs

Oct 22, 2008
Asia Times Online, Hong Kong -
By Henry CK Liu Free-market fundamentalists have been operating in denial mode for more than a year, since the US financial sector imploded in a credit crisis from excessive ...

The New York Times > Log In

Oct 22, 2008
New York Times, United States -
By MICHAEL M. GRYNBAUM For decades, Americans have considered money-market mutual funds as safe as bank accounts. On Tuesday, the Federal Reserve pledged ...

Fed comes to the aid of mutual funds | The Australian

Wednesday, October 22, 2008
The Australian, Australia -
IN another move to bolster fragile credit markets, the US Federal Reserve says it will lend as much as $US540 billion ($771 billion) to the money market mutual fund industry, which has been plagued by investor withdrawals. It is the ...

Liquidity Still Tight in Some Markets - WSJ.com

Wednesday, October 22, 2008
Wall Street Journal -
By MIN ZENG NEW YORK -- Tensions in short-term funding markets continued to ease Wednesday morning as a flurry of measures from global policy makers started ...

Credit stress recedes as focus turns to rate cuts | Reuters

Wednesday, October 22, 2008
Reuters UK, UK -
By Jamie McGeever LONDON (Reuters) - Interbank borrowing costs mostly fell on Wednesday, with further steep falls in dollar rates and spreads indicating ...

Bloomberg.com: Worldwide

Wednesday, October 22, 2008
Bloomberg -
By Bryan Keogh Oct. 22 (Bloomberg) -- Corporate short-term borrowing costs plunged after the Federal Reserve accelerated efforts to unlock the commercial ...

Manila Bulletin Online

Wednesday, October 22, 2008
Manila Bulletin, Philippines -
By MARTIN CRUTSINGER WASHINGTON (AP) – Treasury Secretary Henry Paulson said Tuesday the current financial challenges facing America will persist for a number of months, but he said the economy will rebound. ...

The Associated Press: Recession fears, weak earnings stoke stock selling

Wednesday, October 22, 2008
The Associated Press -
NEW YORK (AP) — A late afternoon barrage of selling sent the Dow Jones industrials tumbling almost 700 points as weak corporate earnings stoked fears that handily beat Wall Street\x27s expectations. (AP Photo/Seth Perlman)", ...

UPDATE 1-Fed says may mull expanding money mkt facility | Markets | Bonds News | Reuters

Wednesday, October 22, 2008
Reuters -
NEW YORK, Oct 22 (Reuters) - The Federal Reserve signaled on Wednesday its funding of short-dated securities purchases to free up frozen lending markets may include a wider range of issuers than previously stated. ...

Bloomberg.com: Worldwide

Wednesday, October 22, 2008
Bloomberg -
By Scott Lanman Oct. 22 (Bloomberg) -- The Federal Reserve may finance purchases of debt issued by companies not included on an initial list of 50 ...

FT.com / Companies / Financial services - Search for safety sparks record flows into money market funds

Wednesday, October 22, 2008
Financial Times, UK -
By David Oakley Investors are pumping a record amount of cash into money market funds as they rush to the safest instruments amid the market turmoil. In spite of co-ordinated central bank action to inject liquidity into the markets and sweeping measures from governments ...

FT.com / Companies / Financial services - Money market rates fall as big freeze eases

Wednesday, October 22, 2008
Financial Times, UK -
By Michael Mackenzie in New York Money market rates fell further yesterday in a sign that various programmes of central bank liquidity are thawing the recent freeze in short term lending. By a number of measures, conditions across the money markets improved yesterday. ...

FT.com / Companies / Financial services - Interbank rates in 'process of normalising'

Wednesday, October 22, 2008
Financial Times, UK -
Sentiment across money markets improved further yesterday as massive amounts of liquidity from central banks flowed into the banking system and the US Federal Reserve announced a new lending facility for money funds. The Fed said US money market mutual funds ...

FT.com / Home UK / UK - Fed offers $540bn to shore up funds

Wednesday, October 22, 2008
Financial Times, UK -
By James Politi and Michael Mackenzie in Washington The US Federal Reserve yesterday said it would finance up to $540bn in purchases of short-term debt from money market mutual funds to shore up a key pillar of the US financial system. Money market funds ...

Yields Bedevil Money-Market Managers - WSJ.com

Thursday, October 23, 2008
Wall Street Journal -
By MIN ZENG As if money-market fund managers didn't have enough headaches, here is yet another challenge: dwindling yields because of the Federal Reserve's ...

Nestle launches new luxury chocs despite turmoil | Industries | Consumer Goods & Retail | Reuters

Thursday, October 23, 2008
Reuters -
VEVEY, Switzerland, Oct 23 (Reuters) - Nestle (NESN.VX: Quote, Profile, Research, Stock Buzz), the world's biggest food group, is to launch a new range of luxury chocolates, and said it was not worried about customers trading down to cheaper products in recessionary times. ...

The Canadian Press: Boeing Q3 profit descends 38 per cent to US$695M on strike, production woes

Oct 22, 2008
The Canadian Press, CHICAGO -
CHICAGO — Aircraft maker Boeing Co. says its third-quarter profit tumbled 38 per cent as a Machinists union strike and supplier production problems hurt results. The Chicago-headquartered aerospace company said Wednesday it earned $695 million or 96 cents per share in the ...

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