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Fri, 20 Nov 2009 22:48:35 EST
The trust that controls Hershey is pushing it to launch a rival $17 billion bid for Cadbury that would include more cash than Kraft's offer.
Fri, 20 Nov 2009 22:59:14 EST
One of the three trustees who oversees U.S. taxpayers' nearly 80% stake in AIG recently said he wanted to quit his post, but was persuaded to stay on. Separately, the government is seeking possible candidates to add to the insurer's board.
Fri, 20 Nov 2009 20:15:09 EST
Richard Anderson, chief executive at Delta Air Lines, said the SkyTeam alliance of global carriers would be willing to invest more than $1.02 billion into ailing Japan Airlines as it tries to cement a trans-Pacific partnership.
Fri, 20 Nov 2009 20:02:59 EST
Ohio's attorney general filed suit against ratings agencies Standard Poor's, Moody's and Fitch, alleging they provided misleading ratings in exchange for money.
Fri, 20 Nov 2009 20:10:05 EST
Investors contend a high-profile Florida attorney orchestrated a claim-sharing fraud with the help of TD bank's U.S. unit and several accomplices.
Fri, 20 Nov 2009 20:29:04 EST
BofA CEO Kenneth Lewis said he would consider postponing his retirement if directors need more time to find a successor or smooth the transition to the next CEO.
Fri, 20 Nov 2009 19:42:43 EST
Stocks with payouts had been trailing their yield-free rivals for most of the year, but are now pulling ahead. And the trend may last.
Fri, 20 Nov 2009 20:08:25 EST
Florida regulators closed Commerce Bank of Southwest Florida in the 124th U.S. bank failure.
Fri, 20 Nov 2009 22:41:17 EST
Morgan Stanley closed the book on its disastrous $6.5 billion acquisition of Crescent Real Estate Equities by handing the keys to lender Barclays.
Fri, 20 Nov 2009 22:13:08 EST
Electricity sales remained weak in the third quarter, prompting speculation that the sluggishness could persist even after the U.S. economy rebounds.
Fri, 20 Nov 2009 22:06:35 EST
India and the U.S. are pushing to tie up details of a nuclear-energy cooperation agreement approved by their legislatures last year, ahead of Prime Minister Singh's visit to the White House.
Fri, 20 Nov 2009 21:21:18 EST
Valero Energy said it plans to close its Delaware refinery after failing to find a buyer for the facility at a time when refiners are contending with weak demand.
Fri, 20 Nov 2009 23:01:21 EST
Exxon ended months of negotiations with Nigeria by renewing three oil leases for fields the company operates in the country.
Fri, 20 Nov 2009 20:46:45 EST
Bruce Bond is stepping down as chief executive of exchange-traded fund provider Invesco PowerShares Capital Management.
Fri, 20 Nov 2009 21:01:26 EST
The IPOs of U.S. online education company Archipelago Learning and Chinese hotel chain 7 Days Group attracted investors, while coal miner Cloud Peak and defense-technology firm Global Defense Technology & Systems didn't.
Fri, 20 Nov 2009 21:07:49 EST
Barnes & Noble on Friday said customers who order its Nook electronic-book reader now won't get it until the week of Jan. 4.
Fri, 20 Nov 2009 17:33:30 EST
UPS said it will raise rates an average of 4.9% for packages shipping by ground and air, including packages sent overseas.
Fri, 20 Nov 2009 19:14:29 EST
J.P. Morgan Chase agreed to drop arbitration clauses from its credit-card agreements as it reached a tentative settlement of a lawsuit over cardholder disputes.
Fri, 20 Nov 2009 21:20:06 EST
AnnTaylor Stores swung to a third-quarter profit amid lower restructuring expenses and higher margins, even as revenue fell 12%.
Fri, 20 Nov 2009 09:26:24 EST
P&G said it is open to deal making, but emphasized that acquisitions aren't a core part of its strategy and that it doesn't pursue hostile acquisitions.
Fri, 20 Nov 2009 14:58:59 EST
A federal jury ruled for the defendants in Fair Isaac's lawsuit accusing credit-scoring firm VantageScore and credit-reporting agencies Experian and TransUnion of trademark infringement and unfair competition.
Fri, 20 Nov 2009 21:29:04 EST
Boeing on Friday broke ground in North Charleston, S.C., on a second assembly facility for its long-delayed 787 Dreamliner.
Fri, 20 Nov 2009 13:57:39 EST
Chrysler will offer 0% financing or as much as $4,000 cash back on its 2010 vehicles in an effort to rejuvenate its sales.
Fri, 20 Nov 2009 07:50:16 EST
J.M. Smucker's earnings soared amid the addition of the Folgers coffee brand, while lower commodities prices boosted margins at its other businesses.
Fri, 20 Nov 2009 18:55:17 EST
The Mohegan Tribal Gaming Authority's profit fell 24% as gambling revenue slid again.
Fri, 20 Nov 2009 11:21:58 EST
Regulatory memo says restrictions "are political requirements and are not negotiable" and come amid worry about asset bubbles and bank risk.
Fri, 20 Nov 2009 21:26:24 EST
Home builder D.R. Horton posted a narrower loss amid year-earlier write-downs. Orders jumped 26%, but the company signaled caution on the strength of the industry.
Fri, 20 Nov 2009 05:32:41 EST
The German auto maker said its supervisory board cleared the way for the planned integration of Porsche by approving contracts determining details of the complex tie-up.
Thu, 19 Nov 2009 13:15:53 EST
John Paulson, who scored about $20 billion of profits wagering against the housing market and financial companies, is launching a fund dedicated to bullion-related investments.
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