Wednesday, February 13, 2008

Jan retail sales up better-than-expected 0.3%

Date: Wed, 13 Feb 2008 22:01:25 (GMT)

Jan retail sales up better-than-expected 0.3%

WASHINGTON
U.S. retail sales were better than expected in January on higher auto
and gasoline sales, providing a glimmer of light in the tough economic
environment.

Is Yahoo worth $40 a share?
Though Yahoo Inc. has formally rejected Microsoft Corp.'s unsolicited
buyout offer, many expect the Web portal to eventually fall into the
clutches of the software giant -- at a higher price.

Nortel CEO sees 4G as opportunity to leapfrog rivals

BARCELONA
Nortel Networks believes the emergence of new wireless communications
technologies will give it a unique chance to get an edge on rivals,
Chief Executive Mike Zafirovski told MarketWatch in an interview on
Wednesday.

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