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Sony stock slides 14 percent on earnings revision

Associated Press
Oct 23, 2008 11:00 pm - TOKYO -- Shares of Sony Corp. plummeted 14 percent Friday after the Japanese electronics giant slashed its annual profit and sales forecasts due to poor demand amid a gl...
Dow drops 300 on belief global recession is at hand

Associated Press
Oct 23, 2008 11:00 pm - NEW YORK -- Wall Street capped another difficult week with steep losses Friday, sending the major indexes to their lowest levels in more than five years as markets aroun...
World markets slump on recession fears

Associated Press
Oct 23, 2008 11:00 pm - LONDON -- World stock markets tumbled Friday on growing alarm that a global recession will ravage corporate profits and push smaller developing economies to the brink of...
TV creating 'currency of momentum' in meltdown coverage

By David Bauder Associated Press
Oct 23, 2008 11:00 pm - NEW YORK - This financial crisis has really redefined the notion of "talking heads." On business news channel CNBC, at any one time, 10 of them can be crowding the scree...
Oil prices plunge, gas prices follow

Associated Press
Oct 23, 2008 11:00 pm - COLUMBUS, Ohio -- Crude prices tumbled Friday and a gallon of gasoline fell below year-ago levels for the first time in 2008, even as OPEC announced a huge production cu...
Nikkei falls more than 7 percent in early trade

Associated Press
Oct 22, 2008 11:00 pm - TOKYO -- Japanese shares dropped more than 7 percent in early trade Thursday as jittery investors dumped stocks on growing worries over a slump in the global economy and...
Stocks end mixed on worries about economy

Associated Press
Oct 22, 2008 11:00 pm - NEW YORK -- Wall Street spent another session buffeted by volatility Thursday, this time closing mixed after investors wrestled with their fears about the economy but al...
Oil rises above $67 as OPEC prepares to cut output

Associated Press
Oct 22, 2008 11:00 pm - NEW YORK -- Oil prices swung back above $67 a barrel Thursday, rebounding from a 16-month low as OPEC members met to decide whether to slash production to halt crude's s...
Interbank lending rates ease further

Associated Press
Oct 21, 2008 11:00 pm - LONDON -- Lending rates among banks in the U.S. and Europe dropped farther Wednesday as central banks' cash loans to banks appear to be unblocking credit markets. The ra...
Dow ends down more than 500 on recession fears, weak earnings

Associated Press
Oct 21, 2008 11:00 pm - NEW YORK -- Wall Street tumbled again Wednesday as investors worried that the global economy is poised to weaken even as parts of the credit market slowly show signs of ...

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