BNET News Articles

Hershey Mulls $17 Billion Solo Bid For Cadbury: Source

BT Trax — Nov 20, 2009 2:30 PM PST

By Jessica Hall

Rio's Cloud Peak IPO Edges Down, 3 Other IPOs Up

BT Trax — Nov 20, 2009 10:16 AM PST

By Clare Baldwin and Phil Wahba

Cautious Optimism as Job Losses Slow

BT Trax — Nov 20, 2009 10:15 AM PST

WASHINGTON (Reuters) - The pace of job losses slowed in many U.S. states in October, and the unemployment rate slipped in hard-hit Michigan, the Labor Department said on Friday, hinting the recession may be easing in some areas.

U.S. Layoffs Fall in October

BT Trax — Nov 20, 2009 10:15 AM PST

WASHINGTON (Reuters) - The number of mass layoffs reported by U.S. employers fell last month from September, a government report showed on Friday, suggesting job losses were close to bottoming.

Rio Tinto Unit Cloud Peak Falls in NYSE Debut

BT Trax — Nov 20, 2009 7:30 AM PST

NEW YORK (Reuters) - Cloud Peak Energy Inc , a unit of Rio Tinto Plc, fell in its debut on the New York Stock Exchange on Friday after its shares priced below expectations in the U.S. coal miner's initial public offering.

Trichet Warns Banks Risk Addiction to Support

BT Trax — Nov 20, 2009 6:45 AM PST

By Krista Hughes and Edward Taylor

P&G Repurchasing Shares, Quiet on Potential Deals

BT Trax — Nov 20, 2009 6:45 AM PST

CHICAGO (Reuters) - Procter & Gamble Co does not see acquisitions as a core part of its growth plan and has started to buy back shares again, Chief Financial Officer Jon Moeller said on Friday.

J.M. Smucker Brews Q2 Beat With Folgers Coffee

BT Trax — Nov 20, 2009 10:15 AM PST

By Mihir Dalal

D.R. Horton Results Miss Estimates

BT Trax — Nov 20, 2009 10:15 AM PST

NEW YORK (Reuters) - D.R. Horton Inc , the No. 2 U.S. homebuilder, reported a much larger-than-expected quarterly loss on Friday, sending its shares down 13.5 percent even though it also said orders increased.

Goldman Holders Seek Bonus Pool Reduction: Report

BT Trax — Nov 20, 2009 7:15 AM PST

NEW YORK (Reuters) - Some big Goldman Sachs Group Inc shareholders have asked the U.S. bank to cut what could be the biggest bonuses in its history to pass more profit onto investors, the Wall Street Journal reported on Friday.

Vivendi Stake Sale in NBCU Hinges on Price, Timing

BT Trax — Nov 20, 2009 10:15 AM PST

By Jui Chakravorty and Dominique Vidalon

Ferrero, Hershey Weigh Cadbury Split - Source

BT Trax — Nov 20, 2009 10:15 AM PST

By Jessica Hall and Victoria Howley

Big Shareholders Ask Goldman to Cut Bonuses: Report

BT Trax — Nov 20, 2009 2:45 AM PST

(Reuters) - Some of Goldman Sachs Group Inc's largest shareholders have asked the company to cut the size of its bonus pool and pass along more of its profits to investors, the Wall Street Journal reported, citing people familiar with the situation.

Burkle Buys Barneys New York Debt: Report

BT Trax — Nov 20, 2009 2:45 AM PST

(Reuters) - Supermarket mogul Ron Burkle and his investment arm, Yucaipa, have purchased a large amount of U.S. luxury retail chain Barneys New York's debt, the Wall Street Journal said, citing people familiar with the matter.

Stocks Dip as Investors Fret About Recovery

BT Trax — Nov 20, 2009 1:45 PM PST

By Ellis Mnyandu

GE, Vivendi $1 Billion Apart Over NBC Universal Stake: Report

BT Trax — Nov 19, 2009 8:00 PM PST

NEW YORK (Reuters) - General Electric and Vivendi are at least $1 billion apart in their valuation of the French group's stake in NBC Universal, the Financial Times said on Thursday.

Mixed Day For IPOs as Rio Unit Disappoints

BT Trax — Nov 19, 2009 7:15 PM PST

By Clare Baldwin and Phil Wahba

Bank Bill Delayed in House, Senate Divided

BT Trax — Nov 19, 2009 6:15 PM PST

By Kevin Drawbaugh

Bank Bill Delayed in House, Senate Divided

BT Trax — Nov 19, 2009 5:45 PM PST

By Kevin Drawbaugh

Chrysler Could Lose More Than 100 U.S. Dealerships

BT Trax — Nov 19, 2009 5:15 PM PST

By Bernie Woodall

Fed Sees Little Risk of Inflation in Weak Economy

BT Trax — Nov 19, 2009 5:01 PM PST

By Pedro da Costa and Anna Willard

AOL Shows Worst Not Over For Media Job Cuts

BT Trax — Nov 19, 2009 5:30 PM PST

By Sue Zeidler

Geithner, Under Fire, Defends AIG Bailout

BT Trax — Nov 19, 2009 5:00 PM PST

By David Lawder and Emily Kaiser

Dell Bets on Corporate Spending For Recovery

BT Trax — Nov 20, 2009 6:45 AM PST

By Kelvin Soh

AOL to Cut One-third of Workforce

BT Trax — Nov 19, 2009 3:45 PM PST

NEW YORK (Reuters) - AOL plans to cut one-third of its workforce, or about 2,500 jobs, in an effort to trim some $300 million in annual costs as part of the Internet company's planned spin-off from Time Warner Inc.

General Growth Reaches Agreement With Lenders

BT Trax — Nov 19, 2009 3:45 PM PST

By Ilaina Jonas

Goldman Sachs Makes 272 Managing Directors: Source

BT Trax — Nov 19, 2009 3:45 PM PST

NEW YORK (Reuters) - Goldman Sachs Group Inc , in the spotlight over its controversial plans to pay billions of dollars in year-end bonuses to executives, has invited 272 executives to join the ranks of managing directors, a source familiar with the matter said.

EBay Completes Sale of Skype

BT Trax — Nov 19, 2009 3:45 PM PST

SAN FRANCISCO (Reuters) - EBay Inc said on Thursday it had completed its sale of its Skype unit, as it had vowed to do before the end of the year.

AIG Board Meets Tues, No Plan on CEO: Source

BT Trax — Nov 19, 2009 3:45 PM PST

By Paritosh Bansal and Lilla Zuill

Dell Results Miss Expectations, Shares Drop

BT Trax — Nov 19, 2009 2:45 PM PST

By Gabriel Madway

Gap Profit Up, Posts Highest Margins in Decade

BT Trax — Nov 19, 2009 3:01 PM PST

By Alexandria Sage

Two Fed "hawks" See No Immediate Inflation Threat

BT Trax — Nov 19, 2009 10:30 AM PST

By Kevin Plumberg and Neil Chatterjee

Geithner, Under Fire, Defends AIG Bailout

BT Trax — Nov 19, 2009 3:15 PM PST

By David Lawder and Emily Kaiser

Vivendi Eyes NBC Universal Exit: CFO

BT Trax — Nov 19, 2009 3:30 AM PST

BARCELONA (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.

Sears Loss Narrows as Kmart Shows Improvement

BT Trax — Nov 19, 2009 3:30 AM PST

WILMINGTON, Delaware (Reuters) - 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.

Bankers Poised to Help China's Richest Invest $7.6 Trln: Group