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Sat, 21 Nov 2009 02:14:01 GMT
Reuters - U.S. stocks could sputter next week as volumes dry up in holiday-shortened trading and with a slew of economic reports likely to illustrate the recovery is still fragile.
Sat, 21 Nov 2009 00:09:50 GMT
Reuters - U.S. chocolate maker Hershey Co is considering launching a bid of at least $17 billion for British chocolatier Cadbury Plc as it seeks to trump a hostile offer by Kraft Foods Inc, a source familiar with the matter said on Friday.
Sat, 21 Nov 2009 04:33:07 GMT
Reuters - Bank of America Corp Chief Executive Kenneth Lewis has said he would consider postponing his retirement if directors need more time to find a successor or smooth the transition to the next CEO, the Wall Street Journal reported on Friday.
Sat, 21 Nov 2009 03:38:17 GMT
Reuters - Talks between General Electric and Vivendi over the future of NBC Universal have stalled, the New York Times reported on Friday night.
Sat, 21 Nov 2009 04:03:31 GMT
Reuters - News Corp, Time Warner Inc and Qualia Capital LLC are interested in buying Hollywood's Metro-Goldwyn-Mayer film studio, home of the James Bond movies, Bloomberg News reported on Friday.
Fri, 20 Nov 2009 19:08:19 GMT
Reuters - NYSE Euronext , LCH.Clearnet, BATS Global Markets and other firms partnered with banks have urged two U.S. legislators to drop a proposed "rigid" cap on dealer ownership of clearinghouses, according to a letter sent this week.
Fri, 20 Nov 2009 22:59:36 GMT
AP - The New Hampshire attorney general's office wants to force a mortgage company that closed suddenly into bankruptcy.
Fri, 20 Nov 2009 20:07:21 GMT
AP - The three major credit ratings agencies gave mortgage-backed securities unjustifiably high ratings in return for lucrative fees, losing at least $457 million for five Ohio public employee pension and retirement funds, the state's attorney general alleged in a lawsuit filed Friday.
Fri, 20 Nov 2009 22:21:55 GMT
NewsFactor - In what may remind many consumers of the Amazon Kindle's early days, Barnes & Noble expects shipments of its nook e-book reader to be delayed. On Friday, the giant book retailer said it has sold out its first batch of nooks amid high demand -- and new shipments won't be available until after the holiday shopping season ends.
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