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News centerPilgrim's Pride files for bankruptcy protectionPITTSBURG, Texas (AP) - Chicken producer Pilgrim's Pride is filing for Chapter 11 bankruptcy protection. 12:10 PM ET
U.S. recession began in December 2007, NBER saysWASHINGTON (MarketWatch) -- The U.S. economy entered a recession in December 2007, a committee of economists at the private National Bureau of Economic Research said Monday. The economy reached a peak in December and has been declining since, according to the business cycle dating committee of the NBER. The committee does not judge a recession as two consecutive quarterly declines in gross domestic product; rather, it looks at four key monthly economic indicators, including employment, industrial output and sales. Employment peaked in December. At MarketWatch 12:15 PM ET
TREASURIES-Safe-haven buying takes yields to 50-year lowsAt Thomson Reuters 12:04 PM ET
Retail Analysts Sort Out Early Holiday Winners, LosersAt Wall Street Journal 6:55 AM ET
$ Software: Piper Cuts Ests On ORCL, RHT, TIBX, LWSNAt Barron's 6:58 AM ET
Asian Indexes Have A Mixed MondayBankruptcy of Japanese property developer and weak Korean trade figures drag on sentiment, whereas China and Hong Kong shrug off weak PMI data. At Forbes 12:06 PM ET
Ronn Motor Company Receives $500,000 for Operations and Development of H2GO(TM) Real-Time Hydrogen Injection Systems for Heavy Duty Truck MarketRonn Motor Company, Inc. (PINKSHEETS: RNNM)announced today that RJR Pipkin Company has invested $500,000 over the lastthree months for the development of the H2GO(TM) Real-Time HydrogenInjection System. 12:07 PM ET
Hackett: Dow Jones Newswire, “IN THE MONEY: Minimize Layoffs by Creating a Cash Mine: Study”The average global corporation is sitting on enough cash to buffer half the impact of a yearlong recession, if management could only figure out a way to get their hands on it That's the conclusion 12:12 PM ET
Securian Closes on Capital Financial/H. Beck AcquisitionST. PAUL, Minn., Dec. 1 /PRNewswire/ -- Securian Financial Group's acquisition of Capital Financial Group, Inc. (CFG) and its broker-dealer affiliate, H. Beck, Inc., closed today. The acquisition, 12:14 PM ET
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1-Star Stocks Doomed to Drop: BlockbusterMarket-lagging returns could be written in this 1-star. At Motley Fool 9:10 AM ET
Health-Care Stocks: The Obama EffectWhile we believe more pressing general economic issues will take precedence, we still think health-care reform will be a key priority in the Obama Administration. With Democrats now in control of both the White House and Congress, we believe they now have the opportunity to pass meaningful reform legislation to provide health-care insurance coverage for some 46 million uninsured Americans [15% of the total population]. 11/30/08 11:00 PM ET
Ticker Shock: J. Crew, Dillards Post Disappointing ResultsWe made it 3 in a row yesterday. Now let’s go for 4!Turkey day tomorrow!Asian markets seemed mixed. The Hang Sang rose over 3% while the Nikkei was off more than 1%. Europe however was showing me some red. And here in the States we are off to a lower open.Here’s what I’m seeing today…J. Crew Group (JCG)After the close on Tuesday the retailer disseminated its third quarter numbers.The good news was that the company earned 30 cents a share which was 4 cents north of expectations. However the bad news is that it’s looking for $1.11 to $1.16 ... At Minyanville 11/26/08 11:42 AM ET
Stocks Mired in LossesStocks in New York are trading with hefty losses as investors absorb fresh economic data and look to take profits on gains made during the previous holiday-shortened trading week. At TheStreet.com 12:01 PM ET
Market Report -- In Play (PPC)Pilgrim's Pride confirms voluntary chapter 11 petitions to address short-term operational and liquidity challenges Co announces that in an effort to address certain short-term operational and 11:50 AM ET
Semi-Annual Review of NASDAQ OMX Carbon IndexesSTOCKHOLM, Sweden, Dec. 1, 2008 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. ("NASDAQ") (Nasdaq:NDAQ) announced the results of the semi-annual review of the NASDAQ OMX Carbon Indexes (Nasdaq:NOCO) became effective with the market open on Monday, December 1, 2008. 12:15 PM ET
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