Deckers Shares Fall on 1Q Outlook (AP)
Shares of footwear maker Deckers Outdoor Corp. fell on Friday, after the company reported robust fourth-quarter earnings, but first-quarter guidance disappointed some investors. us.rd.yahoo.com |
More Rate Cuts From Fed Expected Tuesday (AP)
Desperate to aid an economy in crisis, the Federal Reserve is ready to deliver yet another big interest rate cut. How big? One-half of a percentage point, some economists say. Investors and others hope for even more, a three-quarters cut or perhaps a full point, given the turmoil on Wall Street. us.rd.yahoo.com |
Rates on hold - for now
THE Reserve Bank of Australia is expected to leave the door open to a further rate rise by midyear as it wages war on inflation, analysts say. news.com.au |
Merrill tipped to write-off $8.6bn
US investment bank Merrill Lynch will announce $US6 billion ($6.48 billion) to $US8 billion ($8.64 billion) of asset write-downs in its first quarter results tomorrow, the Wall Street Journal reported overnight, citing a person familiar with the matter. news.com.au |
Shares Gain, but Profit Taking Trims a Rally
Blue-chip stocks logged their third weekly advance in a row as investors grew more confident about the economy’s ability to outrun a deep downturn. nytimes.com |