Limited Brands Reports Third Quarter 2008 Earnings

-- general economic conditions, consumer confidence and consumer spending
patterns, including risks related to:
-- the continued deterioration in the U.S. economic environment,
including recessionary pressures;
-- the significant decline in consumer confidence and the negative
impact on consumer discretionary spending;
-- the disruption and significant tightening in the U.S. credit and
Read the rest of this entry »

Walgreen Earnings Call, First Quarter 2009

This summary is based on the first quarter fiscal 2009 earnings call conducted by Walgreen Co. (
) on December 22, 2008.
- Sales were $14.9 billion, up 6.6% from $14 billion in 2007.
- Net earnings were $408 million or 41 cents per share, down 10.4%.
Net sales were $14.9 billion, up 6.6% from $14 billion in the prior year as comp sales rose 1.7%.
- Net earnings were $408 million or 41 cents per share, down 10.4% compared to $456 million Read the rest of this entry »

Harvard Fund’s Best-Paid Managers Got $25.9 Million

Harvard Fund’s Best-Paid Managers Got $25.9 Million (Update3)
Dec. 19 (Bloomberg) --
, the world’s
wealthiest institution of higher learning, paid its five best-
compensated investment officers a combined $25.9 million to
manage its endowment for the year ended June 30, before the fund
plunged 22 percent.
, the former president and chief executive
officer of the school’s management arm, who quit in November
2007, was paid $921,000, the Read the rest of this entry »

Marketplace at Telford wins county award

The Montgomery Awards were created to raise awareness to the importance of planning and design, and to honor those who have contributed to their communities' revitalization through dedication and hard work.
The Revitalization Award recognizes older, historic communities who have worked with the county's Revitalization Program to revive and maintain their distinct character through demonstrable impact.
"It is our belief that the older, established Read the rest of this entry »

MONEY MARKETS-Ample cash sees most Libor rates falling

* Libor/OIS spreads narrow, reflecting easing tensions
NEW YORK, Dec 29 (Reuters) - Interbank lending rates fell,
and measures of money market stress eased on Monday, as cash
injections from central banks and earlier interest rate cuts
helped to calm investors.
The spread of London interbank offered rates (Libor) for
three-month dollar funds over anticipated policy rates fell to
its lowest since the immediate post-Lehman period and
three-month Read the rest of this entry »

Certain Morgan Stanley Closed-End Funds Declare Year-End Dividends

Name of Closed-End Ticker Per Share of Net Investment Income Per Share of Short-term Capital Gain Per Share of Long-term Capital Gain
Management Investment Company
Morgan Stanley Asia-Pacific Fund, Inc. APF $0.0000 $0.0000 $1.1033
Morgan Stanley Emerging Markets Debt Fund, Inc. MSD $0.3973 (Quarterly) Read the rest of this entry »