Flat retail spending for Easter expected

March 18th, 2008

Consumers are expected to spend $14.4 billion on food, apparel, gifts, flowers, decorations and candy to celebrate Easter this year, according to a new report from the National Retail Federation.
The research from the Washington, D.C.-based trade group finds the average consumer will shell out $135.03 on the holiday, similar to last year's […]

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Houston companies report results

February 14th, 2008

Swift Energy Co., Comsys IT Partners and Natural Resource Partners LP reported fourth quarter and annual results Thursday, while U.S. Dataworks Inc. reported third-quarter figures.

Swift Energy Co. reported net income from continuing operations for the fourth quarter ended Dec. 31, 2007 of $52.7 million, or $1.71 a share, on revenue of $196.4 million, […]

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U.S. at recession edge but not there yet: Greenspan

January 25th, 2008

The United States is at the edge of a recession, with the odds at 50 percent or possibly higher, former Federal Reserve Chairman Alan Greenspan said on Thursday.
“The odds have definitely moved up from a year ago when I was talking of about a third,” Greenspan told a financial audience in Vancouver.
“I […]

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