CHANGE MY LOCATION
Business and Finance
Business News
Dow drops 500 as retail sales show steep drop- The Dow Jones industrials dropped as much as 515 points, more than half their huge 936-point advance from Monday, and all the major indexes fell at least 5 percent. Investors agonizing over a faltering economy sent the stock market plunging all over again Wednesday after a disheartening retail sales report convinced Wall Street that a recession, if not already here, is inevitable.
- Retail sales fell off a cliff in September, plunging by the largest amount in three years as worried consumers shunned the malls and auto showrooms in the midst of the country's financial meltdown.
Stakes high as Obama, McCain head for final debate- Republican John McCain is looking to turnaround his fortunes in the final presidential debate with Democrat Barack Obama, a forum focused on pocketbook issues and domestic policy Wednesday night.
Missing Fla. girl's mom appears in court; no bond- The mother of a missing 3-year-old Florida girl went before a judge Wednesday to hear charges she killed her daughter, a day after she was indicted following four months of searches that yielded no sign of the child.
Dozens get gas in Wis. for 35 cents after mistake- Sure, gas prices have come down lately. But to 34.9 cents a gallon? That's what Kelly Joosten and dozens of other motorists paid at a Citgo station Monday. The sign advertised $3.43 for a gallon of premium fuel, but the pump cost read $0.349 a gallon.
Phillies, Rays are 1 game away from World Series- The Philadelphia Phillies meet the Los Angeles Dodgers tonight, with the Phils and the Tampa Bay Rays just one game away from a date in the World Series. The Rays and Boston Red Sox resume their series tomorrow.
S&P Publishes Annual List of Midsize Companies Expected to Emerge as Challengers to the World's Leading Blue Chips
NEW YORK
(Map)
-
The S&P Global Challengers List is based upon a robust methodology that applies consistent standards to multiple countries. The attributes used to identify the companies are share price appreciation, sales growth, earnings growth and employee growth. The 2008 class of S&P Global Challengers has representation from 33 countries and 9 sectors.
The S&P Global Challengers List is Standard & Poor's response to needs of consultants and marketers analyzing global growth trends or seeking client engagement opportunities, strategy formulators assessing future partners or competitors, and product providers structuring investment vehicles that offer exposure to fast growing mid size companies.
In the Class of 2008, the countries contributing the most members are
A paper outlining the structure, methodology, and constituents of the S&P Global Challengers List can be found by accessing www.standardandpoors.com/indices, and clicking on "publications." The paper also tracks the S&P Global Challengers Class of 2003 five years later, finding significant growth in market capitalization, earnings, sales and employees.
About Standard & Poor's Index Services
Standard & Poor's Index Services, the world's leading index provider,
maintains a wide variety of investable and benchmark indices to meet an array
of investor needs. Its family of indices includes the S&P 500, an index with
About Standard & Poor's
Standard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 8,500 employees, including wholly owned affiliates, located in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com.
SOURCE Standard & Poor's
|
|
More Business_and_Finance Releases
(FII): Month-End Portfolio Data Now Available for Federated Investors' Closed-End Municipal Funds
(RMCF): Rocky Mountain Chocolate Factory and Cold Stone Creamery to Test Co-Branded Stores
(VZ): Local Choir Wins Los Angeles Competition, Heads to Atlanta to Compete in Grand Finale For $30,000 Prize
