Shares of the new Hanesbrands Inc. likely will start trading between $2 and $3.50, lower than at least one analyst had originally thought, in part because of the debt the company will likely take on as it spins off from Sara Lee Corp.
Midday Update: Dow Enjoys Triple-Digit Rally
U.S. stocks are rallying this session on a couple bits of good news. First, tension seems to be easing between the U.K ( Read More )
Dow Closes Down 81 After Two Downgrades
Stocks posted their first noteworthy losses of 2006 Thursday as analyst downgrades of two Dow Jones industrials and rising oil prices prompted investors to take profits one session after the major indexes reached new multiyear highs.
Growing health-care cuts leaving retirees in a lurch
New York ยท Leroy McKnight retired in 2000 as an hourly employee and union officer after more than three decades with General Motors Corp., thinking his retiree health care needs were covered. Now, he's taking stock trading classes at a local college, just in case. ... more...
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