decline

Company plans to return $.53-$.55 per share, expects 2% ad decline wordwide, 3% decline domestically.

Stocks wavered in Europe, a day after their worst decline in 21 years, amid expectations that central banks were poised to implement coordinated interest rate cuts.

Adding to signs of slowdown, the decline in nonfarm employment was the steepest in five years. The unemployment rate held steady as the labor pool shrank.

Ford and Toyota saw their United States sales drop by more than 30 percent, while G.M. suffered a 16 percent decline.

CarMax Inc. said Wednesday it is laying off 600 employees, or about 4 percent of its total work force, as the auto retailer tries to cut costs due to a decline in car and truck sales.

CarMax Inc. said Wednesday it is laying off more than 600 employees, or about 4 percent of its total work force, as the auto retailer tries to cut costs due to a decline in car and truck sales.

Oil prices rose $1.90 as edgy investors trickled back into the market on hopes that Congress would resurrect a failed financial bailout plan.

Merrill Lynch and Lehman Brothers rode similar paths of decline but had vastly different endgames.

Oil prices shot back up on Thursday, erasing most of $10-a-barrel decline in just two days.

Inflation eased to 5.4% in the past year, as consumer prices declined 0.1% in August and marked the first decline in nearly two years, according to a Labor Department report released Tuesday.