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Thursday, 10/02/2008 10:36:07 AM

Thursday, October 02, 2008 10:36:07 AM

Post# of 10693
HEADLINE CHECK.....

Stocks extend declines on drop in factory orders - AP - 17 minutes ago
Stocks are extending their losses after a report showed demand at the nation's factories has fallen to its largest amount in nearly two years

Factory orders drop by 4 percent in August - AP - 31 minutes ago
Government data show orders to U.S. factories plunged by the largest amount in nearly two years as the credit strains are hitting manufacturing with full force.

House girds for 2nd try on financial rescue - AP - 22 minutes ago
House members are getting another chance to vote on a financial bailout bill that has infuriated millions of voters after the Senate added tax cuts and other sweeteners and passed it handily.

Weak economy pushes jobless claims to 7-year high - AP - 1 hour, 33 minutes ago
New applications for unemployment benefits rose slightly last week to a seven-year high due to a weakening economy and the impact of Hurricanes Ike and Gustav, the Labor Department said Thursday.

Oil falls on demand concerns - AP - 52 minutes ago
Oil prices fell more than $2 a barrel Thursday on worries that demand for crude will erode further and the dollar strengthened against the euro. But trading was volatile.

European Central Bank holds rates steady - AP - 40 minutes ago
The European Central Bank left its key interest rate unchanged Thursday amid concerns over inflation but explored the option of lowering the rate as the financial crisis increasingly affects the continent.

AP Poll: 8 in 10 fear hit from financial crisis - AP - Thu 6:54 am ET
Not just Wall Street is running scared. The consequences of the financial meltdown now are sinking in with ordinary Americans, who worry whether their jobs, home values, children's futures and retirement plans are at risk, according to a poll out Wednesday.

SEC extends short-selling ban for financial stocks - AP - Thu 12:54 am ET
Federal regulators on Wednesday extended an unprecedented ban against all short-selling in the shares of more than 800 financial companies, keeping it in place at least until after Congress enacts a massive financial bailout plan.

Marriott 3Q profit slips partly on revpar slowdown - AP - 2 hours, 32 minutes ago
Marriott says its third-quarter profit dropped 28 percent, partly hurt by softening North American revenue per available room -- a key measure for hoteliers -- and weakening timeshare business amid the global economic downturn.

Winemaker Constellation Brands loses $23M - AP - 1 hour, 12 minutes ago
Constellation Brands Inc. said Thursday it lost nearly $23 million in its fiscal second quarter as strong sales of vodka and premium wines were more than offset by charges to shrink its operations in Australia.
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