Dollar Drops, Exchange rates, Forex and US Currency Converter

SAN FRANCISCO (MarketWatch) — UDR Inc. said Friday it named David Messenger as chief financial officer, effective June 2. Messenger succeeds Michael Ernst, who is stepping down citing travel demands given the company’s headquarters relocation to Denver.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for […]

SAN FRANCISCO (MarketWatch) — AirTran Airways, a subsidiary of AirTran Holdings , will defer delivery of 18 Boeing 737-700 aircraft, the airline said Friday. The planes were originally scheduled for delivery between 2009 through 2011 and 2013 through 2014. “As we stated during our first quarter earnings call, as a result of continuing record high […]

SAN FRANCISCO (MarketWatch) — Ford Motor will start producing its Fiesta model for the North American market at its Cuautitlan Assembly Plant near Mexico City beginning in early 2010, the automaker said Friday. It will also add a sporty European hatchback model to its North American lineup. The facility, which currently produces F-Series pickups […]

WASHINGTON (MarketWatch) — To date, the financial market turmoil has impacted mostly large international banks, but smaller financial institutions may yet get dragged into the tumult, said Eric Rosengren, the president of the Boston Fed on Friday. A weak housing market has turned into one with “major declines” and have begun to impact some financial […]

SAN FRANCISCO (MarketWatch) — Moody’s Investors Service said Friday it will continue to review Bear Stearns Cos.’ debt for a possible upgrade despite its acquisition by J.P. Morgan Chase & Co. by the end of the day. Moody’s rates Bear Stearns senior debt Baa1, subordinated debt Baa2, and preferred stock Ba1. “Moody’s initially […]

SAN FRANCISCO (MarketWatch) — Activist investor Carl Icahn has been cleared by the Federal Trade Commission to make large purchases of Yahoo Inc. stock as part of his effort to launch a proxy fight to replace the company’s board of directors, according to a Reuters report Friday. Icahn has nominated his own slate of […]

SAN FRANCISCO (MarketWatch) — Standard & Poor’s Ratings Services on Friday revised its outlook on Sears Holdings Corp. and related entities to negative from stable while affirming Sears’ BB corporate credit rating.
“The outlook revision is based on Sears’ disappointing operating results for the quarter ended May 3, 2008,” said Ana Lai, a credit analyst […]

SAN FRANCISCO (MarketWatch) — Standard & Poor’s Ratings Services on Friday revised its outlook on Sears Holdings Corp. and related entities to negative from stable while affirming Sears’ BB corporate credit rating.
“The outlook revision is based on Sears’ disappointing operating results for the quarter ended May 3, 2008,” said Ana Lai, a credit analyst […]

SAN FRANCISCO (MarketWatch) — Hedge fund manager George Soros, Chicago Mercantile Exchange executive chairman Terrence Duffy and a senior official at the Federal Energy Regulatory Commission are slated to testify Tuesday on “energy market manipulation and federal enforcement regimes,” a Senate panel said Friday. The June 3 hearing is the latest public forum that aims […]

* Dollar headed to second straight monthly gain vs euro
Original post by Yahoo! News Search Results for forex dollar