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Date: Friday, 20 Nov 2009 22:59
AP - The New Hampshire attorney general's office wants to force a mortgage company that closed suddenly into bankruptcy.
Author: "--" Tags: "business"
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Date: Friday, 20 Nov 2009 22:19
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.
Author: "--" Tags: "business"
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Date: Friday, 20 Nov 2009 21:49
Reuters - Investors tempted to put money into star hedge fund manager John Paulson's new gold portfolio will have to commit at least $10 million and leave the money locked up for at least one year, according to a prospectus.
Author: "--" Tags: "business"
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Date: Friday, 20 Nov 2009 21:32

A trader works on the floor of the New York Stock Exchange, October 14, 2009. REUTERS/Brendan McDermidReuters - U.S. stocks fell for a third straight day on Friday as investors took weaker-than-expected results from computer maker Dell and homebuilder D.R. Horton as a further sign that the recovery would be anemic.


Author: "--" Tags: "business"
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Date: Friday, 20 Nov 2009 20:18

Shoppers are pictured at the Glendale Galleria shopping mall on Black Friday in Glendale, California November 28, 2008. REUTERS/Fred ProuserReuters - When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened but even more bargain hungry customers cross their thresholds.


Author: "--" Tags: "business"
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Date: Friday, 20 Nov 2009 20:07
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.
Author: "--" Tags: "business"
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Date: Friday, 20 Nov 2009 19:55

Ships and containers are seen at the Port Newark Container Terminal near New York City in Newark, New Jersey in this picture taken July 2, 2009. REUTERS/Mike SegarReuters - The U.S. economy's return to growth in the third quarter was less brisk than previously thought as the trade deficit worsened and companies still aggressively cut inventories, a Reuters survey predicted.


Author: "--" Tags: "business"
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Date: Friday, 20 Nov 2009 19:21
AP - Shares of sporting goods retailer Hibbett Sports Inc. rose Friday, a day after its third-quarter results beat Wall Street expectations and it raised its 2010 profit forecast.
Author: "--" Tags: "business"
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Date: Friday, 20 Nov 2009 16:45

A Chinese flag flies outside the New York Stock Exchange, November 20, 2009. Shares of Chinese discount hotel chain 7 Days Group Holdings Ltd  jumped as much as 28.6 percent in their New York Stock Exchange debut on Friday. REUTERS/Brendan McDermid (UNITED STATES BUSINESS)AP - World stock markets fell Friday amid mounting concerns about the pace of the U.S. economic recovery following a disappointing earnings update from computer maker Dell Inc.


Author: "--" Tags: "business"
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Date: Thursday, 19 Nov 2009 11:26
AP - Sears Holdings lost money for the second consecutive quarter as customers spent elsewhere despite a series of early holiday season promotions designed to bring them back to the retailer's brands.
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Date: Thursday, 19 Nov 2009 11:25
Reuters - Vivendi could exit from U.S. media group NBCU Universal as it has no intention to be part of the future joint venture being discussed by Comcast and General Electric, its chief financial officer said on Thursday.
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Date: Thursday, 19 Nov 2009 11:20

The Sears logo is pictured on the outside wall at Fair Oaks Mall, in Northern Virginia, May 29, 2008. REUTERS/Larry DowningReuters - Sears Holdings Corp posted a narrower quarterly loss on Thursday as comparable-store sales at its Kmart discount chain rose for the first time in several quarters.


Author: "--" Tags: "business"
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Date: Thursday, 19 Nov 2009 11:05

U.S. flags hang on the facade of the New York Stock Exchange, October 8, 2009. REUTERS/Chip EastReuters - U.S. stock index futures pointed to a lower open on Wall Street on Thursday, with futures for the S&P; 500 down 0.61 percent, Dow Jones futures down 0.51 percent and Nasdaq 100 futures down 0.44 percent at 1030 GMT (5:30 a.m. EST).


Author: "--" Tags: "business"
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Date: Thursday, 19 Nov 2009 10:29
Reuters - Asia is leading the global economy out of the deepest downturn in decades but the recovery will be marred by high unemployment and huge government debt across the industrialized countries, the OECD said on Thursday.
Author: "--" Tags: "business"
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Date: Thursday, 19 Nov 2009 09:05
Reuters - Federal Reserve officials on Thursday downplayed the consequences of the falling U.S. dollar, underscoring that deflation is still a threat, especially with commercial real estate prices falling.
Author: "--" Tags: "business"
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Date: Wednesday, 18 Nov 2009 22:52
AP - Disappointing forecasts from technology companies and an unexpected drop in home construction added to worries about the economy and sent stocks modestly lower.
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Date: Wednesday, 18 Nov 2009 21:29

Workers construct a house in Gilbert, Arizona, October 20, 2009. REUTERS/Joshua LottReuters - Construction of new homes in the United States hit a six month low in October, providing more evidence of the economy's sluggish recovery, while a surge in the cost of new and used vehicles lifted consumer prices.


Author: "--" Tags: "topstories"
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Date: Wednesday, 18 Nov 2009 21:11
U.S. News & World Report - The fitful nature of the housing sector's healing process was apparent Wednesday when a government report on new-home construction came in much weaker than economists had expected. The Commerce Department reported that October housing starts dropped nearly 11 percent from September and almost 31 percent from a year earlier. "The headline number is a shocker," Patrick Newport, U.S. economist at IHS Global Insight, said in a report. Here are four things you need to know about the development:
Author: "--" Tags: "topstories"
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Date: Wednesday, 18 Nov 2009 02:01
Reuters - A key U.S. congressional panel moved toward toughening a plan for dealing with "too big to fail" financial firms on Tuesday, while rejecting a Republican alternative that is expected to reappear later.
Author: "--" Tags: "business"
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Date: Wednesday, 18 Nov 2009 01:59

Investors play cards in front of an electronic screen showing stock information at a brokerage house in Taiyuan, Shanxi province, November 16, 2009. REUTERS/StringerReuters - Gold hit another all-time high on Wednesday on worries about future inflation and economic uncertainties, while Asian stocks rebounded as the generally bearish dollar kept riskier assets in demand.


Author: "--" Tags: "business"
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