14 Nisan 2012 Cumartesi

Business briefs

Rough week

US stocks fell yesterday, with the major indexes recording their worst week yet this year. The Dow Jones industrial average fell 136.99 points, or 1.1 percent, to close at 12,849.59, its largest weekly hit since December. The S&P 500 dropped 17.31 points, or 1.3 percent, to 1,370.26, off 2 percent from the week-ago close. The Nasdaq composite retreated by 44.22 points, or 1.5 percent, to 3,011.33, leaving it down 2.3 percent for the week.

Googled

Google shares fell 4.1 percent to $624.60 after its latest bid to preserve control for founders Larry Page and Sergey Brin raised concern.

Dream gone

DreamWorks’ head of physical production, Steve Molen, resigned in the wake of the studio’s decision to scale back production.

Ally hint

Ally Financial may be signaling plans to put its money-losing mortgage unit into bankruptcy, according to Fitch Ratings.

Talbots’ slip

Talbots, the women’s apparel maker, dropped 15 percent to $2.67 after saying first-quarter sales will decline from a year earlier.

Reuters

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