Monday, October 23, 2006

Wal-Mart curbs store growth, capital expenditures

Quotes & News:
11:40 am ET Oct 23, 2006

DJIA

12,094

+91.97
_______
S&P

1,375

+6.81
_______
NASDAQ

2,359

+17.30
_______
10Yr

4.84%

+0.056
_______

Wal-Mart curbs store growth, capital expenditures

Wal-Mart Stores Inc. on Monday said it expects to slow the pace of its
square footage growth in 2008, while curbing capital expenditures,
pushing its shares up in morning trading.
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IBM files patent-infringement suits against Amazon

International Business Machines Corp. on Monday filed two
patent-infringement suits against Amazon.com Inc. charging the online
retailer with violating at least five IBM patents over several years.
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Report: Tribune gets interest from equity firms

Newspaper publisher and broadcaster Tribune Co., currently considering
strategic options that might include a sale of the company, could
receive bids from several private-equity firms this month, according to
a published report Monday.
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Ford calls $5.8 billion loss "clearly unacceptable"

Ford Motor Co., toiling to overhaul its struggling car business,
reported Monday a $5.8 billion third-quarter loss and said the current
quarter's operating results are shaping up to be even worse.
___________________
AT&T profit jumps 74% on Cingular Wireless gains

AT&T Inc. reported third-quarter net income jumped nearly 74%, lifted
largely by acquisitions and results at the Cingular Wireless joint
venture.

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