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Day with Warren Buffett enriching to UA students
WISDOM FROM BILLIONAIRE WARREN BUFFETT
FedEx says IRS won't be imposing penalties
U.S. Walmarts to stay open Thanksgiving
WOMEN'S LEADERSHIP PROGRAM MAKES DEBUT
Regulators eyeing Ally Bank tactics
Number of females in unions increasing
Most Read Stories
Suitcase causes bomb scare at Akron bus terminal
Akron City Council OKs higher speed on I-77
Chapel Hill isn't rolling right along
Motorcyclist killed, wife injured in Stark County crash
New eateries expand menu of options
Man says he was punched, robbed by 3 people in parking lot
Patrick McManamon: Here's what the Browns should try the rest of the season
Louisville athlete commits to play for Boston College
Family found dead in Ohio home
Blogs:
Pets:
It Takes All Kinds
The Heldenfiles:
Tuesday Notebook
Patrick McManamon:
An interesting thought from a reader
Akron Zips:
Akron vs. Mount Union — Liveblog
Tribe Matters:
Indians announce spring dates
Cleveland Browns:
Mangini doesn't name a quarterback
Kent State Sports:
Flashes interested in another Cincinnati player
Cleveland Cavaliers:
Shaq: It’s All About Winning Championships
Buckeye Blogging:
Buckeyes Roll 100-60 / Season Outlook
Varsity Letters:
Report: Walsh baseball player commits
All Da King's Men:
More On The Fort Hood Jihadist
Blog of Mass Destruction:
Simply Incapable of Telling The Truth
Akron Law Café:
Health Care Financing Reform: (63) Commonwealth Fund Report on Primary Care
See Jane Style:
Muffle Your Muffler
Car Chase:
Clock Tender- Extending the Life of Collector Car Clocks
Let's Talk Real Estate:
Rumors: Akron Starbucks Closing
Ohio Travels with Betty:
Jack is looking for a trip to Southern Ohio the week of November 16.
Sound Check:
Aeromsith looking for new singer as Steven Tyler contemplates solo career
HRLite House:
Personal Rant – Why People Do Not Live in Northeast Ohio
Akron Gamer:
Video: 'Modern Warfare 2' hits the streets
Published on Tuesday, Jul 01, 2008
Diebold sets dates
for '07 reporting
Diebold Inc., the Green automated teller machine maker whose accounting practices are under U.S. investigation, said it will report preliminary financial results for 2007 and the first two quarters of 2008 in four to six weeks.
Diebold will announce details for an analyst conference call one or two weeks before the financial reports are released, the company said.
Bad 2008 first half
ends mixed for stocks
Wall Street ended a grueling first half of 2008 quietly, closing mixed as investors again based their trades on what has become the dominant force in the market: the price of oil. The major indexes closed out the first six months of the year with double-digit declines, and are perilously close to the levels of a bear market.
This was the worst first half for the Dow Jones industrials since 1970, when the country fell into recession. The more diverse Standard & Poor's 500 and Nasdaq composite indexes had their worst first half since 2002, when Wall Street was still suffering through the aftermath of the dot-com bust, the Sept. 11, 2001, terror attacks and a recession.
The Dow rose 3.50, or 0.03 percent, to 11,350.01.
In June, the Dow dropped 10.19 percent; the S&P fell 8.60 percent, and the Nasdaq lost 9.10 percent.
For the first half, the Dow is down 14.44 percent; the S&P lost 12.83 percent; and the Nasdaq has fallen 13.55 percent.
Since their high point last October, the Dow gave up 19.87 percent; the S&P dropped 18.22 percent; and the Nasdaq is down 19.80 percent. A 20 percent drop from a market peak is considered the start of a bear market.
Light, sweet crude, which began the year at $96 a barrel, fell 21 cents Monday to settle at $140.
Ore pellet producer
sets stock record
Shares of Cleveland-Cliffs Inc., North America's largest producer of iron-ore pellets, rose to a record in New York after Deutsche Bank said the company's price increases will boost earnings.
Cleveland-Cliffs gained $7.87, or 7.1 percent, to $119.19. The shares have tripled in the past year.
Plastic bottle maker
to be taken public
An investment fund led by Texas Rangers owner Thomas O. Hicks has agreed to buy Graham Packaging Holdings Co. of York, Pa., and take the maker of plastic juice and beer bottles public for $700 million plus the assumption of $2.29 billion in debt and other costs.
Campbell Soup
sees higher profits
Campbell Soup Co. said its 2008 profit will be at the upper end of the range it had previously expected, a hopeful sign for a company coming off a down quarter.
MillerCoors starts
brewing today
SABMiller PLC and Molson Coors Brewing Co. said they closed on their transaction combining operations into MillerCoors, which will begin operating as a combined entity today. They have not said where the headquarters will be.
World's 5th largest
steel maker created
Two Chinese steel companies combined to form the world's fifth-largest producer, the latest in a series of government deals.
The new state-owned company was formed through a combination of Tangshan Iron & Steel Group and Handan Iron & Steel Group. It is called Hebei Iron and Steel Group Co. and replaces Baosteel Group Co. as the nation's biggest.
Floods help lower
2008 corn harvest
The government says farmers will harvest nearly 7 percent fewer acres of corn than last year in part because Midwest flooding has damaged the crop.
Diebold sets dates
for '07 reporting
Get the full article here.
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