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Economic Indicators Drop for Third Month
Publish Date : 9/23/2004 7:05:00 PM   Source : Business News Onlypunjab.com
A closely watched gauge of future business activity fell in August for a third consecutive month, evidence that companies and consumers continue to navigate an uncertain economic climate.

Blue Chips End Barely Up, Oil Caps Gains
Publish Date : 9/23/2004 7:04:00 PM   Source : Business News Onlypunjab.com
U.S. blue-chip stocks ended barely higher on Friday as a spike in oil prices to near-record levels pared earlier gains and renewed concerns about the effect of high energy prices on consumer spending and corporate profits.

Lehman Near Deal on Enron Lawsuit-Source
Publish Date : 9/23/2004 7:01:00 PM   Source : Business News Onlypunjab.com
Lehman Brothers Holdings Inc. has tentatively agreed to pay $222.5 million to settle an investor lawsuit over its role as an underwriter for Enron Corp., a person familiar with the situation said on Thursday.

U.S. Treasury Debt Prices Sag
Publish Date : 9/23/2004 7:01:00 PM   Source : Business News Onlypunjab.com
U.S. Treasury debt prices sagged on Thursday after minutes from the Federal Reserve's August meeting suggested the central bank would like to continue raising interest rates for some time to come.

Oil Prices Rise as Supply Concerns Linger
Publish Date : 9/23/2004 6:58:00 PM   Source : Business News Onlypunjab.com
World oil prices rose on Thursday as concerns over a supply shortage after Hurricane Ivan persisted despite news the U.S. will loan some oil from its reserves to refineries to make up for lost production.

Stocks to Watch Thursday
Publish Date : 9/23/2004 6:56:00 PM   Source : Business News Onlypunjab.com
Stocks moving on Thursday: EXXON MOBIL, ROYAL DUTCH PETROLEUM CO.

Electrolux Warns Steel to Dent Profits
Publish Date : 9/23/2004 6:55:00 PM   Source : Business News Onlypunjab.com
Electrolux, the world's biggest maker of home appliances, warned on Thursday that soaring steel prices would hit its second-half profits to the tune of 500 million crowns ($68 million).

Hurricane Impact Drives Up Jobless Claims
Publish Date : 9/23/2004 6:52:00 PM   Source : Business News Onlypunjab.com
The number of Americans lining up to claim an initial week of jobless aid climbed more than expected last week, primarily because of hurricanes that have battered Florida, putting many people out of work, the government said on Thursday.

IRS Relaxes Rules on Business Tax Filing
Publish Date : 9/23/2004 6:49:00 PM   Source : Business News Onlypunjab.com
The Internal Revenue Service is making it easier for the smallest of businesses to file their income tax returns, allowing more of them to use the very simple form known as Schedule C-EZ.

AG Edwards Profit Misses Forecasts
Publish Date : 9/23/2004 6:48:00 PM   Source : Business News Onlypunjab.com
Brokerage firm A.G. Edwards Inc. on Thursday said quarterly earnings rose 8 percent as expenses declined, but sluggish equity markets caused profit and revenue to fall short of analysts' forecasts.

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