Tuesday, April 15, 2008

Quick Overview

  • U.S. producer prices rose 1.1% in March. Excluding food and energy costs, prices rose 0.2%

  • The New York region of the Federal Reserve announced that manufacturing activity beat trade expectations in April.

  • Consumer price s in the U.K. rose 2.5% YoY.

  • Consumer prices in France rose 3.5% YoY.

  • Cargill is building a million ton a year sugar refinery in Louisiana. The refinery is expected to start up in 2010.

  • (AP) -- Lehman Brothers Holdings Inc. Chief Executive Richard Fuld joined a growing chorus of investment bank executives in saying on Tuesday that the worst of the credit crisis is behind Wall Street.

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