Honeywell Q2 profit up 18% on product sales, Lifts FY08 outlook - Update
Friday July 18, 2008 09:30:00 EDT

(RTTNews) - Friday before the bell, Honeywell International Inc. (HON), manufacturer of defense products, announced an 18.3% increase in its profit for the second quarter driven by a 13% top line growth aided by 14% product sales of aerospace and building cont (continued...)

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Concern Mounts About FDIC Deposit Fund
Friday July 18, 2008 20:19:00 EDT

(RTTNews) - The FDIC is looking for ways to shore up its depleted deposit fund, including charging higher premiums on riskier brokered deposits, FDIC Chairman Sheila Bair said Friday.

However, that fund is "a myth," according to longtime banking consultant Bert Ely, and consumers may (continued...)

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