Thursday, September 25, 2008

Research In Motion sees earnings jump; forecast disappoints

Date: Thu, 25 Sep 2008 17:03:32 -0400
Research In Motion sees earnings jump; forecast disappoints

Research In Motion net income soars 72% for its second fiscal quarter on
strong sales of its BlackBerry wireless devices.

Bush, congressional leaders, candidates meet on rescue bill

In an effort to push through a massive bill to bail out the shattered
financial sector, President Bush meets with congressional leaders and
presidential candidates at the White House, with the president
expressing hope an agreement can be reached "very shortly."

Capitol Report: Quick Fed rate cut on table

A quick rate cut in coming days in the wake of the expected passage of a
massive federal bailout for the financial industry is definitely on the
table, several Fed watchers say.

GE cuts profit view, halting buyback to keep AAA rating

General Electric lowers its 2008 earnings forecast and halts stock
buybacks to reinforce its AAA credit rating, but the quarterly dividend
will be maintained at current levels through 2009.

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