FINANCIAL NEWS - Obama Slams Wall Street Over Bonuses - San Francisco Gate FINANCIAL NEWS - Obama Slams Wall Street Over Bonuses - San Francisco Gate

Friday, January 30, 2009

FINANCIAL NEWS - Obama Slams Wall Street Over Bonuses - San Francisco Gate

"It is shameful," Obama said from the Oval Office Thursday. "And part of what we're going to need is for the folks on Wall Street who are asking for help to show some restraint, and show some discipline, and show some sense of responsibility." The in Dow Jones News >

NEW YORK, Jan 30 (Reuters) - Inc posted a small quarterly profit on Friday instead of an anticipated loss, as the online retailer avoided heavy discounts during a competitive holiday shopping season, pushing its shares up nearly 21 in Dow Jones News >

Digital River Inc ( DRIV ) Stock Quote , Chart , News , Add to Watchlist NEW YORK (AP) - Shares of Digital River Inc., an e-commerce software service provider, surged Friday after the company posted better-than-expected earnings and revenue for the in Dow Jones News >

CHICAGO (Reuters) - Procter & Gamble Co ( PG.N ) lowered its expectations for the year on Friday after sales slowed in its second quarter, the latest signal that consumers and retailers are cutting spending in the recession. Shares of P&G, the world in Dow Jones News >

PHILADELPHIA (AP) - The U.S. Attorney's Office for the Eastern District of Pennsylvania says drugmaker Eli Lilly & Co. formally pleaded guilty to a misdemeanor tied to the marketing of its top-seller, the anti-psychotic Zyprexa. A statement from the in Dow Jones News >

(AP) — Shares of Fortune Brands Inc. tumbled on Friday after ratings agency Standard & Poor's lowered its long-term ratings on the maker of Jim Beam, Titleist and Moen brands, saying weakness in the U.S. housing market will continue to pressure in Dow Jones News >

SEOUL : North Korea sharpened its hostility toward South Korea on Friday by abruptly declaring that it was scrapping a nonaggression pact and all other agreements the two Koreas have signed to ease military and political tensions on the divided in Dow Jones News >

NEW YORK (AP) - Stock futures pointed toward a slightly higher open Friday following a better-than-expected reading on the economy's fourth-quarter performance. The Commerce Department said Friday the gross domestic product _ a widely followed in Dow Jones News >

Norway's state investment fund has blacklisted US firm Textron, owner of top planemaker Cessna, and Canadian mining firm Barrick Gold. The fund, an ethical investor, sold shares in the firms because Textron makes cluster bombs and because of in Dow Jones News >

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