Stocks fall on banks and housing outlook
Wall Street slid as banking sector gloom and housing weakness dragged major indexes down more than 1.5 percent. The Dow dropped 218.35 points to 12,958.44 amid Goldman Sachs bank downgrade, Citigroup loss projections, weak NAHB housing forecast, and Lowe's lower outlook.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Goldman Sachs Group Inc
Citigroup Inc
National Association of Homebuilders
Lowe's Cos
Hous
Thomson/IFR
America
Rob Lutts
Cabot Money Management Inc
Salem
Mass
Dow Industrials
Expansion brings 32 jobs to Sheffield Township plant
National Bronze and Metals plans an $18 million expansion of its West River Road foundry to produce copper based alloys. The 10 year property tax abatement worth over 150000 annually requires 32 new jobs in three years and retention of 40 current workers. The measure passed 2 to 1 despite concerns about health and environmental reports.
MENTIONED IN THIS ARTICLE
Sheffield Twp
West River Road
National Bronze and Metals
National Bronze
Ron Twining
Twining
Houston
Sheffield
Africa
Australia
Europe
Middle East
David Newsome
Newsome
Chad Parsons
Lorain County
Adam Wright
Awright
Chroniclet
Holiday gas prices rise from last year in Ohio
Ohioans face higher gas costs for Thanksgiving travel with AAA and Oil Price Information Service pegging the statewide regular at 3.07 per gallon. The figure is unchanged from two weeks ago but up about 27 percent from last year, with mid-grade and premium prices climbing as well. AAA Ohio Auto Club president Mark Shaw notes travelers feel the pinch yet expect to gather for the holiday.
MENTIONED IN THIS ARTICLE
AAA
Oil Price Information Service
Ohio Auto Club
Mark Shaw
Amazon unveils Kindle e book reader in wireless debut
New York Amazon.com introduces the Kindle, a handheld e book reader with free wireless EV DO download, notes storage on Amazon servers, and no contract. Bezos says device mirrors paper with long battery life and a 200 book capacity. Best sellers start at 9.99.
MENTIONED IN THIS ARTICLE
New York
Amazon.com Inc
Amazon
Jeff Bezos
Bezos
Sony Corp
Amazon.com
Forever Tanning opens next to Elyria Downtown Fitness Center
Elyria tanning salon Forever Tanning opens at 425 Broad St in the same building as Elyria Fitness Center. It offers three tanning bed types with daily monthly and longer packages and plans to expand weekend hours. A nutrition store called DFC Supplement Depot is planned for the same Broad Street building.
MENTIONED IN THIS ARTICLE
Elyria
Elyria Downtown
Broad Street
Dennis Wilhelm
Forever Tanning
Broad St
Elyria Fitness Center
DFC Supplement Depot
Elyria Downtown Fitness
Elyriadfc.com
Shawn Foucher
Sfoucher
Chroniclat
Tween Brands trims earnings outlook amid holiday softness
Tween Brands Inc owner of Limited Too and Justice lowered its fourth quarter earnings forecast to 98 cents to $1.08 a share from $1.03 to $1.13 as early sales look solid but a tougher retail backdrop builds promotions and squeezes margins. The stock fell $3.87 to close at $27.02 after the update.
MENTIONED IN THIS ARTICLE
Dow Industrials
Dow Transportation
Dow
Wilshire
Nyse Amex Naspaa
Nemo
Rentech
Natta
DowneyFn
Laluver, Wt
EchoStar
CooperTire
CwithBlo
BlueLinx
Prusgem Mma i
GrandTra
FetMarks
Wets
Prushbm
Lateran
Gensco
Packthan
Chiquia
Jacmipt
Ashweth
Igor Rsh
Gensel Nn
Whid Pie
Culinch
FraeSea Wi
Namme
PwShs
Izer
ISAAK
Ford
Pri
Intel
At&t Inc
Djia Diam
Levald
Walls Fargo
Prushs&p
Cisco
GenElec
SP Matis
Appainc
EMC Cp
RedMote
EkotAm
ST Starbucks
Jpmorgch
Proushek
Yahoo
Dury
Nema
Ayat Inc
Asd
Lowes. NY
Os Nasd
Mol NY
Nam NY
Microsoft Asd
Jobsvn
Motorola Ay
Edarf NY
NiSoures
NY A2
niryTol NY
Oracle Nash
PAC
As NY
ParkHan
Warn NY
St W
Amex
Penney If
Alming NY
Pear
Etrade Jabot NY Wasd
Emersnéls NY
FannieMan NY
RedMots
wsiPke Nasi
Searstinga
SPOR
Sprinthex NY
Starbucks
Siang
Nn NY
TimaWam
Associay O
OIG
Nya Amax
Wasd
Wachovia NY
Vwvatard
Watart
Earn
WA Bull Ny
WatsFaga NY Wee
Wandys
LearGomp
Findsim NY
Fenco Nasi
Siker
Way Oz
NYME
New York Marcanilla Exchange
CBOT
Trade
CME
Ci Sork Baten
New York Board of Trade
New Albany
Ohio
Tween Brands Inc
Limited Too
Justice Stores
Thomson Financial
Tween Brands
Mike Rayden
Rayden
Columbus
Wall Street
Also Mentioned on This Page
Ing
NAHB
Mena
Ethino Bal
Treat
Cpfete
Ames
Trac
Amaccan
Invi
Matin
Underam
Ary
Dow Jones
Industrials
Dodge & Cox
Vanguard
Vanguard Instidx
Vanguard Tatlatt
TaiSdax
Vanguard Wadi Ica Congonvalve Alocs
Chronicle-Telegram
Sprint Nextel Corp
God Tn
The
Associated Press
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