Hyundai offers US buy back scheme
ft.com — By Song Jung-a in Seoul Hyundai Motor, South Korea’s biggest carmaker, is offering an unprecedented incentive in the US market by offering to buy back vehicles from US customers who have recently lost jobs, in an effort to counter the economic ........More… (Business)
Downgrades Inspire PhoneFirm Activity
online.wsj.com — By TENNILLE TRACY Options traders were quick to take positions in AT&T Inc. and Verizon Communications Inc. after analysts at Bernstein Research downgraded the companies, saying telecommunication stocks "have come too far, too fast......More… (Business)
Bid to Revoke Madoff’s Bail Cites His Gifts
nytimes.com — Bernard L. Madoff, right, leaving Federal District Court in Manhattan on Monday. Mr. Madoff remains free on $10 million bail. By ALEX BERENSON Contending that Bernard L. Madoff sent at least a million dollars worth of jewelry as gifts to family members ........More… (Business)
Tough 09 Is Seen for Commercial Real Estate
washingtonpost.com — By Dana Hedgpeth This year will be among the worst for the US commercial real estate industry, as unemployment leads to a drop of as much as 30 percent in rents in some places and more office towers from Washington to Chicago and Los Angeles sit empty, ........More… (Business)
Downgrades Inspire PhoneFirm Activity
online.wsj.com — By TENNILLE TRACY Options traders were quick to take positions in AT&T Inc. and Verizon Communications Inc. after analysts at Bernstein Research downgraded the companies, saying telecommunication stocks "have come too far, too fast......More… (Business)
Asia markets up US stocks lower
cnn.com — (CNN) -- Asian Pacific markets traded up Tuesday, as a stronger dollar made export-related stocks favorable to investors. A priest officiates a mass at the Philippine Stock Exchange Monday......More… (Business)
Downgrades Inspire PhoneFirm Activity
online.wsj.com — By TENNILLE TRACY Options traders were quick to take positions in AT&T Inc. and Verizon Communications Inc. after analysts at Bernstein Research downgraded the companies, saying telecommunication stocks "have come too far, too fast......More… (Business)
Debenhams Sales Drop Slows on Demand for Exclusive Fashions
bloomberg.com — By Andrew Cleary Jan. 6 (Bloomberg) -- Debenhams Plc, the second-largest UK department-store company, said a sales drop slowed on demand for exclusive fashions in the Designers at Debenhams range......More… (Business)