U.S. stock futures climb as oil continues retreat
Last Update: 8/5/2008 7:26:00 AM
U.S. stock futures gained on Tuesday as oil prices continued to drop, with no change in rates -- and possibly on outlook -- expected from the Federal Reserve.
PG,  ADM,  AIG,  CSCO,  NWS

Procter & Gamble's profit rises 33%, sees higher costs
Last Update: 8/5/2008 7:48:00 AM
Procter & Gamble Co., the household-products giant, reports a 33% gain in quarterly profit, helped by tax benefits.
PG,  KMB,  SJM

Tropical Storm Edouard makes Texas landfall
Last Update: 8/5/2008 8:22:00 AM
Tropical Storm Edouard makes landfall on the upper Texas coast, but energy markets quickly discount the storm's potential to disrupt production in coastal areas or the Gulf of Mexico.

U.K. nationalized lender Northern Rock loses $1.2 billion
Last Update: 8/5/2008 6:21:00 AM
Nationalized U.K. mortgage lender Northern Rock posts a loss of $1.2 billion in the first half amid a surge in the number of borrowers struggling to keep up with repayments.
UK:RBS,  UK:HBOS,  UK:BB

News Corp. raising its Indian profile
Last Update: 8/4/2008 5:20:00 PM
News Corp. plans to invest in six new regional television channels in India and has begun to track Indian stocks with a new Dow Jones index, according to reports.
NWS,  NWS.A