Business and Finance News
 U.S. stocks snap back with major rally
Sri Lankan News.Net
All the major indices were sharply higher on Wednesday with positive economic news from global economic heavyweights China and the United States. Stocks see-saw after mixed jobs report
Sign on San Diego
NEW YORK — Stocks fluctuated in a tight range Thursday after traders received one mixed report on the jobs market and prepared for a second report on the sector later this week. The Dow Jon... Hewlett-Packard raises bid for 3PAR to $33 a share
New York Post
Dell announced Thursday it was dropping out of the closely-watched bidding war with competitor Hewlett-Packard for the data storage company 3PAR."We took a measured approach throughout the process and... Market Snapshot: U.S. stocks waver after the start
MarketWatch
NEW YORK (MarketWatch) -- U.S. stocks traded in a narrow range Thursday, boosted by an unexpected increase in U.S. pending home sales and better-than-expected back-to-school sales from retailers, but ... Metals Stocks: Gold closing in on record high
MarketWatch
SAN FRANCISCO (MarketWatch) -- Gold futures are less than half a percentage point away from their record high, resuming an increase as investors continued to use it as a means to protect their wealth.... Energy Stocks: Energy stocks flatten; Petrobras gains
MarketWatch
NEW YORK (MarketWatch) -- Energy stocks traded in a flat-to-higher pattern Thursday after scoring big gains in the previous session, while investors mulled a $43 billion stock offering from Petrobras ... Burger King Agrees to $4 Billion Bid From 3G Capital
Business Week
Sept. 2 (Bloomberg) -- Burger King Holdings Inc. agreed to be acquired by 3G Capital in a deal valued at $4 billion including debt, giving the New York investment firm control over the second-largest ... Corot Painting Suit Dropped After Owner Sees Mug Shot
Business Week
Sept. 2 (Bloomberg) -- A New York woman who sued her sales agent over the disappearance of a $1.4 million Corot painting decided to drop her complaint after concluding a convicted art thief in a mug s... Sunil Mittal's son joins Bharti's subsidiary
Times Of India
Sunil Mittal is carving out a place for the Generation Next, by employing his son in a group company that is responsible for Bharti Airtel's international business. Incidentally, the shareholders' app... Pending home sales rise 5.2% in July
MSNBC
WASHINGTON — The number of buyers who signed contracts to purchase previously occupied U.S. homes increased in July but remained well below last year's levels, a sign that demand for housing rem... Oh snap! Carrot campaign mimics junk food
MSNBC
NEW YORK — Baby carrot farmers are launching a campaign that pitches the little, orange, crunchy snacks as daring, fun and naughty — just like junk food. A group of 50 producers hopes the '... Bernanke: Shut banks if threat to system
MSNBC
WASHINGTON — Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest institutions if they threaten to bring dow... HP-Dell bidding war for 3Par ends
MSNBC
NEW YORK — Dell is walking away from a bidding contest with rival Hewlett-Packard for data-storage maker 3Par. Dell Inc. said Thursday it will not match Hewlett-Packard Co.'s offer to pay $33... RBS Axing 3,500 More Jobs 'Is A Horror Story'
Sky News
RBS said the losses would go across back office and IT functions in the business services arm. The cutbacks - part of plans to more than halve the bank's administration centres across the UK - come o... Greenpeace Protesters Arrested On Oil Rig
Sky News
The protesters were forced to climb from their hanging tents onto the platform due to the harsh Arctic weather. They were promptly arrested and now face the wrath of the authorities in Greenland. Ye... Stocks fluctuate after mixed jobs report
Associated Press
NEW YORK — Stocks fluctuated in a tight range Thursday after traders received one mixed report on the jobs market and prepared for a second report on the sector later this week. The Dow Jones... Trichet: Recovery To Proceed At Moderate Pace
Fox Business
FRANKFURT -- The European Central Bank said Thursday it now expects euro-zone growth to be in a range between 1.4% and 1.8% in 2010 and in a range between 0.5% and 2.3% in 2011. "The recovery should p... TJX Cos. Same-store Sales Rise
Fox Business
NEW YORK -- TJX Companies Inc. said Thursday that its August sales at stores open at least one year rose 2%. Analysts, on average, had expected same-store sales to rise 2.4%, according to Thomson Reut... Treasurys Fall After Weekly Jobs Data
Fox Business
Morningstar . Earnings estimates data provided by Zacks. Mutual fund data provided by Lipper. Economic data provided by Econoday. Dow Jones & Company Terms & Conditions. This material may not be publ... J. C. Penney August Same-store Sales Up 2.3%
Fox Business
NEW YORK -- J.C. Penney Co. said Thursday that its August sales at stores open at least one year rose 2.3%. Analysts, on average, had expected same-store sales to rise 1.6%, according to Thomson Reute... Ross Stores August Same-store Sales Up 5%
Fox Business
NEW YORK -- Ross Stores Inc. said Thursday that sales at stores open at least a year rose 5% in August. Thomson Reuters analysts estimated a rise of 2.9%. Total sales for the period ended August 28 we... Kohl's Same-store Sales Jump 4.5%
Fox Business
NEW YORK -- Kohl's Corp. said Friday its August same-store sales rose 4.5%, ahead of the forecast of 2.6% in a survey of analysts by Thomson Reuters. Kohl's said its total sales rose 7.7% to $1.42 bil...
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