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(AFX UK Focus) 2008-11-28 10:08 European shares slip; commodities, autos weigh (Interactive Investor) LONDON, Nov 28 (Reuters) - European shares fell in morning trade on Friday, as a drop in crude and metals prices dragged down commodities stocks, while automobile shares slipped on persistent concerns about a global economic downturn. At 0948 GMT, the FTSEurofirst 300 index of top European shares was down 1 percent at 843.63 points. BP, Royal Dutch Shell and Tullow Oil shed between 0.2 and 2.3 ... Briefs (Detroit News) Big 3, Shanghai skyscraper, Port worker IDs. European shares down at midday; autos, commods hit (Reuters via Yahoo! Singapore News) * FTSEurofirst 300 down 0.4 percent by midday European Shares Pull Back As Oil Producers, Autos Decline (Fox News) European Shares Pull Back As Oil Producers, Autos Decline Three groups in efficiency venture (AM Online) Three bodyshop groups are behind an alliance designed to help repairers gain the benefits of scale. Karl Vella Group, Alton Cars Group and KC Autos Group have created a new company, Synergy Accident Repair Group, aimed at securing work provision and improving the buying power of all three members. Early Glance: Autos companies (INO News) (AP:NEW YORK) Shares of some top autos companies are mixed at 10 a.m.: Daimler AG fell $.10 or .3 percent, to $31.42. Ford Motor rose $.14 or 8.3 percent, to $1.80. City defers purchases of hybrid cars (Florida Keys Keynoter) The city of Marathon will add three autos to its fleet next year -- just not the eco-friendly hybrids originally budgeted for. Leverage and Pain (Forbes) U.S. consumers are replacing a 25-year borrowing and spending binge with a saving spree Hecker closes dealership (Stillwater Gazette) OAK PARK HEIGHTS - Denny Hecker's sudden closing of his Stillwater Ford Lincoln Mercury dealership Friday put 56 employees out of a job and left customers whose vehicles were being serviced there wondering who would finish the work and when they would get their autos back. 12 recession-proof holiday gifts (Bankrate.com via Yahoo! Finance) Have a tight holiday budget? Here are 12 ways to make everyone on your list happy that won't make you poor. | |
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