Conmed lowers outlook as hospitals tighten budgets
forbes.com — AP , 01.05.09, 08:03 AM EST Surgical equipment maker Conmed Corp. said Monday a stronger US dollar cutting into overseas business and less spending by budget-tightening hospitals will hurt capital equipment sales - resulting in lower-than-expected ........More… (Business)
Ahead of the Bell- Pfizer still open to purchases
moneycentral.msn.com — NEW YORK (AP) - Pfizer Inc. the world's largest drug developer, told the Financial Times Monday it is open to buying rivals in an effort to grow revenue......More… (Business)
New York Times to sell frontpage display ads
reuters.com — NEW YORK, Jan 5 (Reuters) - The New York Times (NYT.N) said it would sell display advertising on its front page, its latest step to seek new ways to make money as it deals with a prolonged ad revenue downturn......More… (Business)
Navistar Projects Fiscal 2009 Earnings Below Analysts Views
money.cnn.com — Navistar International Corp. (NAV) projected fiscal 2009 earnings below analysts' expectations amid what it called a "weak North American business climate......More… (Business)
Borders Group says Jones out Marshall in as CEO
forbes.com — AP , 01.05.09, 08:50 AM EST Borders Group says Chief Executive George Jones will leave the company as the Ann Arbor-based bookseller looks to spark a recovery after struggling with liquidity and balance sheet concerns......More… (Business)
Oil Curve Steeper Than 99 Shows Possible Gain in 09
bloomberg.com — By Stuart Wallace and Tim Coulter Jan. 5 (Bloomberg) -- The steepest plunge in crude prices on record may be setting up oil investors for a rally this year, if history is any guide......More… (Business)
European markets mixed despite hefty Asia gains
google.com — LONDON (AP) - European stock markets were mixed Monday despite hefty gains earlier in Asia as traders took profits on gains built up over the Christmas and New Year's holidays......More… (Business)
Dollar Rises Against Euro Yen on Obama Plan for US Stimulus
bloomberg.com — By Anchalee Worrachate and Stanley White Jan. 5 (Bloomberg) -- The dollar rose against the euro and the yen on speculation President-elect Barack Obama’s fiscal stimulus will help the US economy recover from the recession......More… (Business)