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Electronic parts manufacturer Jabil Circuit Inc. said Friday it expects fiscal second-quarter earnings, excluding items, of 12 cents to 16 cents per share, which is below Wall Street's expectations. ...more
December 19, 2008
National Public Radio said Wednesday that it's laying off 7 percent of its staff, its first layoffs in 12 years, after experiencing sharp declines in funding, especially from corporate sponsors. ...more
December 11, 2008
Wall Street barreled higher Monday for the second straight session, this time in a relief rally over the government's plan to bail out Citigroup - a move it hopes will help quiet some of the uncertainty hounding the financial sector and the overall economy. The Dow Jones industrials soared nearly 400 points and the major indexes all jumped more than 4.5 percent. ...more
November 25, 2008
Lay-Z-Boy Inc. said Tuesday that it will lay off 850 workers as it reported a widening loss for its fiscal second quarter, hurt by a deteriorating economy and low customer confidence. ...more
November 19, 2008
Wall Street is showing signs of settling down but the economy is still quite troubled, so putting money into funds that focus on dividends might help some investors regain their confidence in the market. ...more
November 9, 2008
Lightning general manager Brian Lawton put his team on notice a day after Wednesday's shootout loss to New Jersey. ...more
November 7, 2008
Factory orders dropped by more than three times as much as analysts expected in September as the U.S. manufacturing sector continues to suffer from the economic downturn. ...more
November 5, 2008
$550 billion Amount the government plans to borrow in the current quarter to fund the rescue programs ...more
November 4, 2008
The government will borrow a record $550 billion in the current quarter as it scrambles to fund the huge rescue programs being put in place to deal with the worst financial crisis in seven decades. ...more
November 3, 2008
Buoyed by improved affordability, existing single-family home sales in Hernando County rose in September. ...more
November 2, 2008
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