CF relaunches bid for Terra, tops Yara offer
March 2, 2010
NEW YORK (Reuters) - Fertilizer maker CF Industries Holdings Inc relaunched a hostile bid worth $4.75 billion to buy rival Terra Industries in a move to break up Terra's planned takeover by Norway's Yara International .
March 2, 2010
NEW YORK (Reuters) - Fertilizer maker CF Industries Holdings Inc relaunched a hostile bid worth $4.75 billion to buy rival Terra Industries in a move to break up Terra's planned takeover by Norway's Yara International .
Staples net falls, shares drop
March 2, 2010
NEW YORK (Reuters) - Staples Inc reported lower-than-expected quarterly profit on weak demand for big-ticket items, and forecast full-year earnings well below analysts' expectations, sending its shares down 7 percent.
March 2, 2010
NEW YORK (Reuters) - Staples Inc reported lower-than-expected quarterly profit on weak demand for big-ticket items, and forecast full-year earnings well below analysts' expectations, sending its shares down 7 percent.
Toyota quality focuses sharply on safety
March 2, 2010
WASHINGTON (Reuters) - Toyota Motor Corp executives in North America will have more authority over recall decision-making under quality control changes that will also give safety a sharper focus in vehicle design, company officials said on Tuesday.
March 2, 2010
WASHINGTON (Reuters) - Toyota Motor Corp executives in North America will have more authority over recall decision-making under quality control changes that will also give safety a sharper focus in vehicle design, company officials said on Tuesday.
ISE slams dividend trade data as share falls
March 1, 2010
CHICAGO (Reuters) - A specialized trading strategy known as dividend trades harms markets, misleads investors, and should not be included in overall reports of trading volume, the International Securities Exchange said on Monday.
March 1, 2010
CHICAGO (Reuters) - A specialized trading strategy known as dividend trades harms markets, misleads investors, and should not be included in overall reports of trading volume, the International Securities Exchange said on Monday.
Efforts to aid Greece, M&A lift Wall St
March 1, 2010
NEW YORK (Reuters) - U.S. stocks headed for a second straight day of gains on Monday, boosted by AIG's deal to sell a unit for $35.5 billion and efforts to solve Greece's debt problems, which have clouded the outlook for global recovery.
March 1, 2010
NEW YORK (Reuters) - U.S. stocks headed for a second straight day of gains on Monday, boosted by AIG's deal to sell a unit for $35.5 billion and efforts to solve Greece's debt problems, which have clouded the outlook for global recovery.
Stocks add gains after ISM, tech boost
March 1, 2010
NEW YORK (Reuters) - Stocks extended gains on Monday after a report showed the U.S. manufacturing sector continued to grow in February, while a run-up in semiconductor company shares and Apple Inc's stock underpinned advances in the technology sector.
March 1, 2010
NEW YORK (Reuters) - Stocks extended gains on Monday after a report showed the U.S. manufacturing sector continued to grow in February, while a run-up in semiconductor company shares and Apple Inc's stock underpinned advances in the technology sector.
Consumer spending up, manufacturing grows
March 1, 2010
NEW YORK (Reuters) - Consumer spending increased slightly faster than expected in January while the U.S. manufacturing sector grew, underscoring views economic recovery is progressing.
March 1, 2010
NEW YORK (Reuters) - Consumer spending increased slightly faster than expected in January while the U.S. manufacturing sector grew, underscoring views economic recovery is progressing.
Pepsi closes bottler purchases
March 1, 2010
NEW YORK (Reuters) - PepsiCo backed its outlook for 2010 and said it saw earnings per share rising at a low double-digit rate on an constant currency basis in 2011 and 2012.
March 1, 2010
NEW YORK (Reuters) - PepsiCo backed its outlook for 2010 and said it saw earnings per share rising at a low double-digit rate on an constant currency basis in 2011 and 2012.
Buffett: Economy on mend, health care big problem
March 1, 2010
NEW YORK, Mar 1 Reuters) - Warren Buffett said the U.S. economy has passed the worst of its troubles, but faces an uneven recovery as consumers keep a tight rein on spending.
March 1, 2010
NEW YORK, Mar 1 Reuters) - Warren Buffett said the U.S. economy has passed the worst of its troubles, but faces an uneven recovery as consumers keep a tight rein on spending.
Vivendi beats forecasts, cautious on 2010
March 1, 2010
PARIS (Reuters) - Vivendi, Europe's largest entertainment group, sounded a cautious note on its profit outlook for this year despite posting better than expected results for 2009, boosted by its video games and telecoms units.
March 1, 2010
PARIS (Reuters) - Vivendi, Europe's largest entertainment group, sounded a cautious note on its profit outlook for this year despite posting better than expected results for 2009, boosted by its video games and telecoms units.
Global factories enjoy bumper February
March 1, 2010
LONDON/BEIJING (Reuters) - Factories around the world enjoyed a bumper February with business surveys showing the manufacturing sector in major economies continued to lead an economic recovery, despite a slowdown in some growth rates.
March 1, 2010
LONDON/BEIJING (Reuters) - Factories around the world enjoyed a bumper February with business surveys showing the manufacturing sector in major economies continued to lead an economic recovery, despite a slowdown in some growth rates.
Consumer spending rises 0.5 percent in Jan
March 1, 2010
WASHINGTON (Reuters) - Consumer spending increased slightly faster than expected in January as consumers dipped into their savings amid a small rise in incomes, a government report showed on Monday.
March 1, 2010
WASHINGTON (Reuters) - Consumer spending increased slightly faster than expected in January as consumers dipped into their savings amid a small rise in incomes, a government report showed on Monday.
Goldman board rejects shareholder demands on pay
March 1, 2010
NEW YORK (Reuters) - Goldman Sachs Group Inc's board has rejected demands from shareholders that the firm investigate recent compensation awards, recoup excessive compensation and reform pay practices.
March 1, 2010
NEW YORK (Reuters) - Goldman Sachs Group Inc's board has rejected demands from shareholders that the firm investigate recent compensation awards, recoup excessive compensation and reform pay practices.
Toyoda slips into China on damage control mission
March 1, 2010
BEIJING (Reuters) - Toyota Motor Corp President Akio Toyoda sought to ease quality concerns during a low-key visit to China on Monday, fresh from a grueling hearing in the U.S. Congress over his company's biggest safety crisis.
March 1, 2010
BEIJING (Reuters) - Toyota Motor Corp President Akio Toyoda sought to ease quality concerns during a low-key visit to China on Monday, fresh from a grueling hearing in the U.S. Congress over his company's biggest safety crisis.
Stock futures higher on AIG deal
March 1, 2010
NEW YORK (Reuters) - Stock index futures rose on Monday after AIG said it would sell its life insurance unit in Asia and as investors awaited U.S. data on manufacturing and consumer spending.
March 1, 2010
NEW YORK (Reuters) - Stock index futures rose on Monday after AIG said it would sell its life insurance unit in Asia and as investors awaited U.S. data on manufacturing and consumer spending.
Payrolls, ISM may steer stocks
February 27, 2010
NEW YORK (Reuters) - Payrolls could give the U.S. stock market some direction next week as investors comb through the key report on one of the economy's weakest areas.
February 27, 2010
NEW YORK (Reuters) - Payrolls could give the U.S. stock market some direction next week as investors comb through the key report on one of the economy's weakest areas.
Saudi Alwaleed reiterates support to Citi’s Pandit
February 27, 2010
RIYADH (Reuters) - Prince Alwaleed bin Talal, a prominent Saudi investor in Citigroup , reiterated on Saturday his support the bank's management led by Chief Executive Vikram Pandit.
February 27, 2010
RIYADH (Reuters) - Prince Alwaleed bin Talal, a prominent Saudi investor in Citigroup , reiterated on Saturday his support the bank's management led by Chief Executive Vikram Pandit.
Dodd’s bank super-cop may be doomed
February 27, 2010
WASHINGTON (Reuters) - A bold proposal by Senate Banking Committee Chairman Christopher Dodd to set up a single supervisor for U.S. banks looks doomed, said a source familiar with Senate committee discussions on Friday.
February 27, 2010
WASHINGTON (Reuters) - A bold proposal by Senate Banking Committee Chairman Christopher Dodd to set up a single supervisor for U.S. banks looks doomed, said a source familiar with Senate committee discussions on Friday.
Britain’s Prudential in talks to buy AIA: report
February 27, 2010
LONDON (Reuters) - Prudential , Britain's largest insurer, is in talks to buy the Asian operations of bailed-out insurance giant AIG in what would be one of the largest ever overseas deals by a UK firm, Sky News reported.
February 27, 2010
LONDON (Reuters) - Prudential , Britain's largest insurer, is in talks to buy the Asian operations of bailed-out insurance giant AIG in what would be one of the largest ever overseas deals by a UK firm, Sky News reported.
France, Germany to help Greece raise money: report
February 27, 2010
ATHENS (Reuters) - Germany and France have agreed to help Greece sell bonds in return for stronger efforts by Athens to slash its budget deficit, Greek newspaper Ta Nea reported on Saturday, citing unnamed sources.
February 27, 2010
ATHENS (Reuters) - Germany and France have agreed to help Greece sell bonds in return for stronger efforts by Athens to slash its budget deficit, Greek newspaper Ta Nea reported on Saturday, citing unnamed sources.