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---------- Forwarded message ---------- From: Reuters.com <[EMAIL PROTECTED]> Date: Oct 22, 2008 7:59 PM Subject: Business Today - Wachovia reports $23.9 billion loss To: [EMAIL PROTECTED] If you are having trouble viewing this email or would like to view it in your web browser, CLICK HERE<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/IW0A4/YT/h?a=NG7YL&b=PQAWJ&c=WWDCI&d=QNVKES> On your mobile? Click here<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/YUEJU/YT/h?a=NG7YL&b=PQAWJ&c=WWDCI&d=QNVKES&e=1>to view this email in text. [image: Reuters]<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/Z1QRL/YT/h> *Good Morning Thomas,* WED 22 Oct 2008 today's headlines Wachovia reports $23.9 billion loss<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/E7B25/YT/h> Boeing profit falls on strike; no new outlook<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/NIZMZ/YT/h> AT&T reports rise in revenue, wireless subscribers<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/RS5QN/YT/h> McDonald's profit tops view; shares rise<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/AVLH1/YT/h> SanDisk tumbles as Samsung scraps bid<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/NIAD9/YT/h> Stock futures slide as recession fears mount<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/VNKJR/YT/h> Emerging economies battered, IMF poised to act<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/66NB6/YT/h> Northrop Grumman profit up, raises forecast<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/MYA7Z/YT/h> Oil below $70 as demand worries trump OPEC<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/VNKJF/YT/h> GM looks for capital from outside investors: report<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/YUIN1/YT/h> <http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/1TS31/YT/h?a=4188526296800352> today's videos <http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/UFKQE/YT/h> <http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/2HJPP/YT/h/> <http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/Z1QFN/YT/h/> <http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/3BRUL/YT/h/> [image: REUTERS VIDEO:]Economy fears spook Asian markets<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/2HJPP/YT/h/> [image: REUTERS VIDEO:]Weak profits worry Wall St.<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/Z1QFN/YT/h/> [image: REUTERS VIDEO:]More Fed help for money markets<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/3BRUL/YT/h/> more details Wachovia reports $23.9 billion loss<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/E7B25/YT/h>October 22, 2008 08:18 AM ET NEW YORK (Reuters) - Wachovia Corp on Wednesday posted a $23.9 billion third-quarter loss, a record for any U.S. lender in the global credit crisis, underscoring the challenges Wells Fargo & Co will face after it acquires the big lender. Full Article<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/E7B25/YT/h> Boeing profit falls on strike; no new outlook<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/NIZMZ/YT/h>October 22, 2008 08:23 AM ET NEW YORK (Reuters) - Boeing Co reported sharply lower third-quarter profit on Wednesday after a strike by its plane assembly workers wiped out almost a month of production at its Seattle-area plants. Full Article<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/NIZMZ/YT/h> AT&T reports rise in revenue, wireless subscribers<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/RS5QN/YT/h>October 22, 2008 07:59 AM ET NEW YORK (Reuters) - Top U.S. phone company AT&T reported a rise in third-quarter revenue and mobile phone subscribers despite a weaker U.S. economy, helped by the popularity of Apple Inc's new iPhone. Full Article<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/RS5QN/YT/h> McDonald's profit tops view; shares rise<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/AVLH1/YT/h>October 22, 2008 08:19 AM ET NEW YORK (Reuters) - McDonald's Corp reported better-than-expected quarterly profit on Wednesday, fueled by strong sales in the United States and abroad, sending its shares up 3.4 percent in premarket trade. Full Article<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/AVLH1/YT/h> SanDisk tumbles as Samsung scraps bid<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/NIAD9/YT/h>October 22, 2008 07:46 AM ET NEW YORK (Reuters) - Shares of SanDisk Corp plunged by more than 25 percent to $11.01 before the bell on Wednesday after Samsung Electronics Co Ltd , the world's top memory chip maker, withdrew a $5.9 billion unsolicited bid for the flash memory card maker. Full Article<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/NIAD9/YT/h> Stock futures slide as recession fears mount<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/VNKJR/YT/h>October 22, 2008 08:07 AM ET NEW YORK (Reuters) - Stock index futures tumbled on Wednesday as mounting concern that the global economy is hurtling toward recession diminished investors' appetite for risk, sending world markets plunging. Full Article<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/VNKJR/YT/h> Emerging economies battered, IMF poised to act<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/66NB6/YT/h>October 22, 2008 08:09 AM ET LONDON (Reuters) - The world's worst financial crisis in 80 years hammered emerging markets on Wednesday, prompting emergency central bank moves and calls for international help to curb investor flight. Full Article<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/66NB6/YT/h> Northrop Grumman profit up, raises forecast<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/MYA7Z/YT/h>October 22, 2008 08:28 AM ET NEW YORK (Reuters) - Northrop Grumman Corp reported a better-than-expected 5 percent increase in third-quarter profit, helped by higher sales of its military equipment. Full Article<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/MYA7Z/YT/h> Oil below $70 as demand worries trump OPEC<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/VNKJF/YT/h>October 22, 2008 07:58 AM ET LONDON (Reuters) - Oil fell below $70 a barrel on Wednesday, pressured by a gloomy outlook for the global economy that could limit the impact of any supply cuts OPEC might agree at a meeting on Friday. Full Article<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/VNKJF/YT/h> GM looks for capital from outside investors: report<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/YUIN1/YT/h>October 22, 2008 08:22 AM ET NEW YORK (Reuters) - General Motors is looking for a large investment from outside investors as a possible alternative to a deal with Chrysler LLC, the Financial Times reported on its website on Tuesday. Full Article<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/YUIN1/YT/h> <http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/DZB0A/YT/h?a=4188526296800352> [image: Reuters.com]<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/3BRUB/YT/h> . REUTERS www.reuters.com<http://links.reuters.com/r/NG7YL/Z5UIT/2OY3LB/1ZC9U/Q95KJ/YT/h>Ensure delivery of Reuters Newsmails, add [EMAIL PROTECTED] to your address book. 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