Existing Home Sales Drop as Inventory Swells
Existing home sales fell 0.2 percent in July to a 5.75 million annual pace, while unsold homes surged to a record 4.59 million. The median price slid 0.6 percent year over year to 230200, marking 12 straight monthly declines and a looming price drop amid tight credit. Mayor Wall Street fell as recovery hopes fade and economists warn of further housing weakness.
MENTIONED IN THIS ARTICLE
Washington
National Association of Realtors
Wall Street
Federal Reserve
Mike Larson
Weiss Research Inc
Travel woes loom as holiday air travel tightens
Nearly 16 million travelers start a busy Labor Day week, up 2.6 percent from last year, signaling the worst travel season in memory. Flights face delays, mishandled baggage, and crowded airports as pilots retire and weather worsens the strain across air and road travel.
MENTIONED IN THIS ARTICLE
Kate Hanni
Flyersrights.com
U.S
Flightstats.com
U S Steel to Buy Stelco in 1.1 Billion Deal
Pittsburgh based United States Steel Corp. will acquire Canadian Stelco Inc. for about 1.1 billion. The deal boosts Stelco's Lake Erie and Hamilton slabs to U S Steel finishing facilities for auto and appliance uses. Stelco's bankruptcy exit and 15 percent job cut frame the sale.
MENTIONED IN THIS ARTICLE
Pittsburgh
United States Steel Corp
Stelco Inc
Stelco
Lake Erie
Hamilton
U.S. Steel
Halo Custom Guitars Sells Dark Themed Instruments
Halo Custom Guitars, based in Cupertino, makes demonically themed guitars with rotting flesh and bone motifs aimed at death metal bands. Co founder Waylon Ford says demand rose after edgy designs. Halo produces 200 to 300 guitars monthly direct and 200 monthly to dealers. Minarik Guitars founder Marc Minarik recalls the Inferno model that launched the company and now sells 115 to 130 custom units yearly along with over 2,000 lower priced models. Prices range from 300 to 1,300 offshore and 2,950 upward for U S built instruments depending on customization.
MENTIONED IN THIS ARTICLE
Cupertino
Calif
Silicon Valley
Apple
Halo Custom Guitars, Inc
Halo
Waylon Ford
Ford
U.S
Marc Minarik
Minarik
Glendale
Minarik Guitars
Acer to buy Gateway to become third largest PC maker
Acer Inc plans to acquire Gateway Inc for 710 million dollars at 1.90 per share creating a multi branded computer company with more than 15 billion dollars in revenue and shipments above 20 million units annually The deal received unanimous board approval and awaits regulatory clearance in Taiwan and the United States.
MENTIONED IN THIS ARTICLE
Weeak
Nem Last Church Hcch
Dow Industrials
Dow Transportation Abbot
Dow Utilities
Jet
Nyse Composite
Russali
Wishire
Nyse Amex
Wore
AlChinag
Eymisars
ChinaLiss
DebtResn
CarolnNat
Yanzhou
Flotek
NamTal
S&p Chine
Metmpcs
Raser
RickCad
HuenPwr
hBes
China
Stoningfiks
Wellmaatt
NovaSirrs
Ig Ra
Haritdinca
al of BerishBep
Redwdir
Hee
CasalMal
Thompso
Gateway
SunMicro
Rite
Prushs&p
Ine
Genelec
OIA Diam
Citi
Yahoo
Dyang
United NY
Marvell
Applebees
MeDnirds NY
Bholm
Microsoft Nase
Ag Bode
BosionSci NY A
NiScarte Ag
Caley Tol NY
Northop@ RY
Oracls «Nase
Citgip NY
PAC NY Ake
ASR
Petey NY
Ponty
NY BO
Disboldit
Prsrogo Amex
EMC Cp. EmersnEls NY
ProcGam
Sean Hidgs
Sherwin
Gataway
Smucket NY
Bravis
Halibetn
Sme
SupTech Nash
Honchintl
Tenelth
Ussivel
Wendy's Ag
Pion NY
Lswnet
NYMX
New York Mercantila Exchange
CBOT
Chicago Board of Trade
CME
Accent Exchange
NYBT
New York Board of Eee Ee Ae
GrowAmerAm LG
TIA
Invgoama
Ican Funda Kei Ae
Boag & Gx
Jampican
Wath Nly
Incamera m MA
WA Pimco
EwPeeGramero
Roar Ae & Cox
Newperapa HY
Fidelity Bagel Us
Fundminva
Neenadiie Torn
Amet
Aioe
Tata
Taipei
Taiwan
Acer Inc
U.S
Gateway Inc
Lenovo Group
Acer
Hewlett-Packard
Dell
Lenovo Group Ltd
Gartner Inc
Irvine
Also Mentioned on This Page
The
Los Angeles Times
Federal Aviation Administration
Roundup
United Steelworkers Union
Charles Bradford
Bradford Research/Soliel Securities
New York
Guitar Makers
Ron Harris
Associated Press
Halo Guitars
Jeff Lee
Cupertino, Calif
Dow Jones Industrials
Jay Ang
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