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News centerOil slips below $47 as investors eye OPEC meetingSINGAPORE (AP) - Oil prices slipped below $47 a barrel as investors jockeyed over whether OPEC will announce a production cut at its meeting on Sunday, and how big the cut might be. 4:40 AM ET Pep Boys cuts quarterly dividend to 3 centsSAN FRANCISCO (MarketWatch) -- Pep Boys late Thursday said it cut its quarterly dividend to 3 cents from 6.75 cents. The dividend will be paid April 27 to shareholders of record on April 13. The auto parts retailer expects a loss of 59 cents to 69 cents a share in the fourth quarter and projected revenue of $466 million, down 10.1% from the same period in the previous year. Analysts projected the company to report a loss of 11 cents a share and revenue of $459.5 million in the quarter. For the full year, Pep Boys forecast a loss of 53 cents to 63 cents a share and revenue of about $1.93 At MarketWatch 3/12/09 5:31 PM ET
CORRECTED - Eramet says to purchase all of Norway's EralloysAt Thomson Reuters 3/12/09 4:06 PM ET
National Semiconductor DowngradedAt Wall Street Journal 3/12/09 5:25 PM ET
STEC Soars On Stronger-Than-Expected Q1 GuidanceAt Barron's 3/12/09 5:28 PM ET
Hawaii expects 5% drop in tax revenueThe Council on Revenues reduced its Hawaii tax revenue forecast 5 percent. 3/12/09 10:46 PM ET
Layoff TrackerLayoffs at United Technologies push the tracker beyond 500,000. At Forbes 3/12/09 3:29 PM ET
MoneyTV, Week of 3/13MoneyTV is the internationally syndicatedtelevision program all about money and what makes it happen,(http://www.moneytv.net), featuring informative and insightful interviewsby anchor Donald Baillargeon with company CEOs, providing insights intotheir operations and outlooks for their futures. 5:00 AM ET
Positive Clinical Data from Endologix Suprarenal Study to Be Introduced March 19 at SCVS SymposiumEndologix, Inc. (NASDAQ: ELGX), the developer and manufacturer of the Powerlink® System for the minimally invasive treatment of abdominal aortic aneurysms (AAA), today announced that data from its 4:00 AM ET
Nike Creates 'Men vs. Women' Virtual Running Race to Declare Winner in Age-Old Rivalry- Roger Federer, Zlatan Ibrahimovic, Tony Parker and Eva Longoria Parker,Paula Radcliffe, Sofia Boutella and Fernando Torres appear in television adto celebrate the challengeHILVERSUM, Netherlands, 3:00 AM ET
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There's No Way I Should Have Bought This StockNo matter how you cut it, investing is tough, and that's why unforced errors are so costly. At Motley Fool 3/12/09 1:42 PM ET
Behavioral Targeting: Google Pulls Out the StopsGoogle has long resisted the emerging but controversial method of showing ads to Web surfers based on the kinds of sites they've previously visited. The company appears to have gotten over its reservations. 3/12/09 4:00 PM ET
Two Ways: Expectations Too Dim?Are expectations in this bear market too dim? This morning we received a clue: The Commerce Department said sales in February at US retailers fell just 0.1% exceeding economists’ expectations of a drop of 0.5%. Less autos that number actually gained 0.7% versus expectations of a 0.1% decline. Adding to the sentiment sales from January were all revised higher coming in at 1.8% instead of the original 1.0% as previously reported. Excluding autos retail sales increased 1.6% versus the previous figure of 0.9%. Separately the Labor Department reported weekly jobless claims rose to 654 At Minyanville 3/12/09 5:15 PM ET
Japan's Aso Calls for New Stimulus PackageThe prime minister's order for a new stimulus package cheered investors, boosting the benchmark Nikkei 225 index by 5.2% on Friday. At TheStreet.com 4:31 AM ET
Market Report -- In Play (DCP)On The Wires DCP Midstream, LLC and its master limited partnership DCP Midstream Partners, LP (DPM), announce they have fully restored operations at their jointly owned natural gas processing 1:37 AM ET
iGATE Files Formal Expression of Interest in SatyamFREMONT, Calif., March 12, 2009 (GLOBE NEWSWIRE) -- iGATE (Nasdaq:IGTE), the Integrated Technology and Operations (iTOPS) company announced filing a formal expression of interest in Satyam Computer Services Ltd. (NYSE:SAY) (BSE:SATYAM) (NSE:SATYAMCOMP) based on the process specified by the Board of Satyam Computer Services. iGATE is now expecting to receive from Satyam Computer Services the latest financial statements, including those for the quarter ended December 2008 and the months of January and February 2009, and updated position on liabilities and potential liabilities of the company. 3/12/09 9:13 PM ET
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