US stocks nosedive on higher oil

US stocks nosedive on higher oil

8.08.2008
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08/07/2008 Tunnel operator downgraded
SYDNEY`S debt-laden Lane Cove tunnel owner and operator, Connector Motorways Pty Ltd, has received an underlying credit rating downgrade to B from Standard & Poor`s (S&P)
08/07/2008 Analysts downgrade News Corp`s guidance
A MORE challenging outlook than expected for News Corporporation has forced analysts to downgrade their 2009 fiscal guidance for the media giant
08/07/2008 Minara profit falls 80 per cent
MINARA Resources, Australia`s second largest nickel producer, has deferred a $300 million expansion program after posting an 80 per cent fall in first half profit
08/07/2008 Budget airline Tiger swings into profit
BUDGET carrier Tiger Airways has reported an annual net profit of $S37.8 million ($41.5 million), despite higher oil prices and stiff competition
Cargo plane crashes into homes, killing 38
Carnage ... firefighters douse the smouldering wreckage of the plane in a residential neighbourhood of Kinshasa, Democratic Republic of Congo.
Cargo plane crashes into homes, killing 38   10/05/2007
10. 2008
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