Monday, February 22, 2010

Toyota reportedly touted savings from recall limit

Date: Mon, 22 Feb 2010 12:00:54 -0500

TOYOTA REPORTELDLY TOUTED SAVINGS FROM RECALL LIMIT
A U.S. congressional investigation into Toyota reportedly turns up
documents revealing that the auto maker saved more than $100 million
through negotiations with U.S. safety regulators that helped limit an
equipment recall in 2007.

LOWE'S POSTS FIRST PROFIT INCREASE SINCE MID 2007
U.S. home-improvement retailer Lowe's Cos. says its fiscal
fourth-quarter profit rose 27%,l but offered a cautious view of the
first quarter.

UPDATES, ADVISORIES AND SURPRISES
A roundup of the latest corporate earnings reports and what companies
are saying about future quarters.

MONDAY'S BIGGEST GAINING AND DECLINING STOCKS
MarketWatch's daily rundown of major gainers and decliners in the U.S.
stock market.

EUROPEAN SHARES STRUGGLE TO EXTEND RECENT GAINS
European shares are in a tight range on Monday, struggling to build on
a recent run of gains, with losses for drug makers weighing.


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