Business Highlights
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AP
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Fri Nov 27 Signs of life in stores as holiday shopping begins The nation's shoppers took advantage of deals on toys and TVs with some renewed vigor in stores and online on Black Friday after a year of concentrating their spending on basic necessities.
U.S. stocks drop, dollar gains on Dubai worry
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Reuters
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Fri Nov 27 Fears of a possible Dubai debt default rippled through markets for a second day on Friday, but the exodus from stocks and rush to the safe-haven U.S. dollar slowed as investors discounted contagion.
MGM Mirage, HSBC, Satyam, ING are big movers
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AP
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Fri Nov 27 The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
Stocks slide on Dubai worries
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Reuters
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Fri Nov 27 U.S. stocks fell more than 1 percent in a truncated session on Friday as a possible debt default by a Dubai state-owned conglomerate led to fresh concerns about the global financial system.
Business events scheduled for the coming month
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AP
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Fri Nov 27 TUESDAY, Dec. 1 WASHINGTON -- National Association of Realtors releases pending home sales index for October, 10 a.m; Commerce Department releases construction spending for October, 10 a.m.; Senate Commerce, Science and Transportation subcommittee hearing on aviation safety, focusing on pilot fatigue.
Business events scheduled for the coming week
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AP
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Fri Nov 27 SUNDAY, Nov. 29 Several airlines will begin adding 10-dollar surcharges on most of their tickets. TUESDAY, Dec. 1 WASHINGTON -- National Association of Realtors releases pending home sales index for October, 10 a.m; Commerce Department releases construction spending for October, 10 a.m.; Senate Commerce, Science and Transportation subcommittee hearing on aviation safety, focusing on pilot fatigue.
Sector Snap: Airlines down with broader market
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AP
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Fri Nov 27 Airline shares fell with the broader market on Friday, even though airline investors got something that would usually count as good news -- falling oil prices.
Ahead of the Bell: Lower demand, dollar hurt Deere
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AP
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Fri Nov 27 An improved 2010 revenue forecast prompted an analyst to slightly increase his profit estimate for Deere & Co. Friday, although he warned that the farm equipment manufacturer could be hurt by reduced demand and the weak dollar.
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