Credit Card Offers logo News Archive Compare Credit Card Offers gif

CompareCC News Archive Listing for Business during 2007-04-30.
Please select an article.

Select
Example Headline of Genre for Date

Property buyouts seen good for small buyers: survey
 
Reuters - Commercial real estate investors and executives believe private equity firms will continue buying up large portfolios of properties over the next year, according to a survey released on Monday.
Turkish stocks and currency slump
 
Turkey's main stock index and its currency, the lira, fall amid a row over a vote for the country's next president.
Chinese rate rise now less likely
 
The People's Bank of China tightens credit, making another interest rate rise less likely in the near future.
Ending Saudi probe 'harmed UK'
 
The decision to halt a fraud inquiry into a Saudi arms deal may have damaged Britain's reputation, MPs warn.
EDF to lower its gas bills by 10%
 
EDF Energy says that it will cut its gas prices by more than 10% with effect from mid-June.
Mothercare buys toy firm for £85m
 
Babycare retailer Mothercare buys the Early Learning Centre children's toy chain for £85m in cash and shares.
Porsche launches lowball VW bid
 
Reuters - German sports car maker Porsche launched its lowball takeover offer for Volkswagen on Monday, offering less than current market prices in expectation of not getting a majority stake.
Citi, Lehman lead race for India's IFCI stake: paper
 
Reuters - Citigroup and Lehman Brothers are leading the race to acquire a 26 percent strategic stake in Indian long-term lender IFCI Ltd. , the Hindustan Times reported on Monday.
British economy blooms under Blair, but outlook less rosy
 
AFP - Britain's economy has flourished under the decade-long tenure of Prime Minister Tony Blair and his likely successor, finance minister Gordon Brown, but economists expect a difficult period ahead.
German retail sales suffers surprise fall in March
 
Reuters - German retail sales fell by 0.7 percent on the month in March, bucking expectations for a rise, preliminary Federal Statistics Office data showed on Monday.
'Legal threat' over ABN bank sale
 
Bank of America is reportedly threatening legal action if its deal to buy LaSalle Bank from ABN Amro collapses.
Apple admits laptop battery issue
 
Apple says that 'some batteries' in its range of MacBook and MacBook Pro laptops have 'performance issues'.
Shock fall in German retail sales
 
German retail sales unexpectedly fall by 0.7% in March, official figures show, raising new concerns about the impact of higher VAT.
Porsche slightly improves VW bid
 
Reuters - German sports car maker Porsche (PSHG_p.DE) launched its obligatory takeover offer for Volkswagen at marginally improved terms on Monday, still aiming for less than a majority stake in VW.
DaVita 1st-qtr profit rises 33 pct
 
Reuters - DaVita Inc. , the biggest provider of dialysis in the United States, said on Monday its first-quarter profit rose 33.2 percent, helped by an increase in the number of treatments at its facilities.
Iraq reconstruction 'not working'
 
Six out of eight Iraqi reconstruction projects are failures, a US federal investigation finds.
888's profits soar despite US ban
 
Online gambling firm 888 Holdings sees its annual profits rise 34% despite the US ban on such companies.
Mothercare in £85m toy deal
 
Babycare retailer Mothercare buys the Early Learning Centre children's toy chain for £85m in cash and shares.
Delta Air Lines exits bankruptcy
 
Reuters - Delta Air Lines Inc. (DAL_w.N) on Monday emerged from bankruptcy after a 19-month restructuring that resulted in $3 billion in annual financial improvements, the third-largest U.S. airline said.
Social Networking Leaves Confines of the Computer
 
Powerful new mobile devices are allowing people to send round-the-clock updates about every detail of their lives.
US consumer spending disappoints
 
US consumer spending rose less than expected in March, the latest sign that economic growth is cooling.
Wolfowitz to face Bank directors
 
Embattled World Bank President Paul Wolfowitz will fight for his job in front of a panel of bank directors on Monday
Delta exits bankruptcy protection
 
Delta Air Lines exits bankruptcy protection after completing a 19-month restructuring programme.
Interest rates 'must hit 5.75%'
 
The Bank of England needs to raise interest rates to 5.75% by June to tackle wage inflation, a think tank warns.
FSA should 'step-up' crime fight
 
The Financial Services Authority, the City watchdog, needs to do more to combat financial crime, a report says.
March incomes rise but core prices steady
 
Reuters - Incomes rose a greater-than-expected 0.7 percent in March, but core consumer prices were surprisingly unchanged, a Commerce Department report showed on Monday.
Verizon quarterly profit falls
 
Reuters - Verizon Communications on Monday reported a fall in first-quarter profit due to discontinued operations, although profit from continuing operations rose in line with expectations amid strong wireless and Internet growth.
Tyson Foods posts quarterly profit, raises outlook
 
Reuters - Tyson Foods Inc. on Monday reported higher-than-expected quarterly profit as last year's cost-cutting program paid off, and the largest U.S. meat producer raised its fiscal-year outlook.
Loews profit up on insurance, tobacco
 
Reuters - Loews Corp. , the conglomerate, said on Monday first-quarter profit rose 42 percent, helped by improved results from its insurance, tobacco and oil drilling units.
RadioShack profit rises as expenses drop
 
Reuters - Consumer electronics retailer RadioShack Corp. said on Monday that first-quarter net profit jumped five-fold, helped by lower expenses and higher interest income, sending shares up 5.7 percent.
Microsoft wins AT&T patent battle
 
Microsoft wins a legal battle with AT&T in the US Supreme Court regarding overseas software patents.
German bourse eyes US bid
 
Deutsche Boerse is in talks to take over US options trading market International Securities Exchange for $2.8bn
US and EU foresee 'single market'
 
The annual US-EU summit aims to dismantle barriers to transatlantic trade and investment.
Wall St flat in pause after April runup
 
Reuters - U.S. stocks were little changed on Monday as investors paused after a month-long rally that saw the Dow set record highs and left stocks poised for the best monthly performance in more than three years.
March incomes up but core prices steady
 
Reuters - U.S. incomes rose a greater-than-expected 0.7 percent in March, but core consumer prices were surprisingly unchanged, a Commerce Department report showed on Monday.
Doral in private equity talks, warns on dilution
 
Reuters - Doral Financial Corp. is talking to a private equity fund about investing in the Puerto Rican lender but any such deal would substantially dilute existing shareholders, Doral said on Monday.
Supreme Court Sides With Microsoft in Patent Case
 
AT&T had sued Microsoft, alleging that computers running Windows infringed on AT&T?s speech technology. The ruling restricts the reach of patent holders overseas.
Machine challenges spin doctors
 
Reuters unveils software that can read corporate news stories and decide whether they are positive or negative.
Power firms to reduce fuel bills
 
Scottish Power and EDF Energy become the latest energy supplier to announce significant price cuts.
Job cuts follow builders' merger
 
Head offices of two building firms may close as they merge and cut jobs, it is announced.
D.Boerse, SWX to buy ISE for $2.8 billion
 
Reuters - Deutsche Boerse (DB1Gn.DE) and Eurex partner SWX have agreed to buy International Securities Exchange for $2.8 billion in cash to create the largest transatlantic derivatives marketplace, Boerse said.
Blue chips poised for best month in 3 years
 
Reuters - The Dow Jones industrial average touched a record high for the fourth straight session on Monday as government data helped soothe inflation worries and the latest earnings results pointed to robust corporate growth.
Consumer spending, inflation moderate
 
Reuters - Consumer spending grew at its slowest rate in five months during March despite rising incomes, as higher costs eroded purchasing power, a Commerce Department report showed on Monday.
Subprime lenders made record exceptions: analysts
 
Reuters - Subprime mortgage lenders created a surge in delinquencies in the past year by repeatedly breaking their own underwriting guidelines to capture business, analysts said on Monday.
I will not resign, says Wolfowitz
 
World Bank President Paul Wolfowitz says he will not resign in the face of 'bogus' charges against him.
US consumer spending flat
 
US consumer spending rose less than expected in March, the latest sign that economic growth is cooling.
Deutsche Boerse to buy ISE for $2.8 billion
 
Reuters - German exchange operator Deutsche Boerse (DB1Gn.DE) will buy fast growing U.S. options market International Securities Exchange for $2.8 billion, creating the No. 1 transatlantic derivatives marketplace, the companies said on Monday.
Stocks turn lower as April's gainers sold off
 
Reuters - The Dow Jones industrial average turned flat while the S&P 500 and Nasdaq extended losses on Monday as investors sold off some of April's top advancers to secure gains just before the end of the month.
Delta exits bankruptcy after 19-month restructuring
 
Reuters - Delta Air Lines Inc. (DAL_w.N) emerged from bankruptcy on Monday, following a 19-month, $3 billion restructuring during which the carrier thwarted a hostile takeover, cut costs and jobs, and eliminated some unprofitable routes.
Northwest Air quarterly net loss narrows
 
Reuters - Bankrupt Northwest Airlines Corp. on Monday posted a narrower quarterly loss largely on expenses related to its restructuring.
David Rosenberg of Merryll Lynch on US economy
 
FT.com - The global economy has yet to decouple from the US, according to David Rosenberg, chief North American economist with Merrill Lynch.
Large Chinese Internet Company Plans to Go Public
 
Alibaba.com, which is partly owned by Yahoo, is a business-to-business site whose public offering could raise $1 billion.
German bourse in $2.8bn US deal
 
Deutsche Boerse is to take over US options market International Securities Exchange for $2.8bn
US and EU agree 'single market'
 
The annual US-EU summit takes steps to dismantle barriers to transatlantic trade and investment.
Turkey sees stocks slump
 
Turkey's main stock index and its currency, the lira, fall amid a row over a vote for the country's next president.
Indexes end lower
 
Reuters - U.S. stocks closed lower on Monday as investors locked in profits on some of April's big gainers, such as Caterpillar Inc. , at the end of Wall Street's strongest month in three years.
Homebuilder Centex posts quarterly loss
 
Reuters - Centex Corp. , the fourth-largest U.S. home builder, on Monday reported a wider-than-expected quarterly loss as it scrambled to deal with the real-estate slowdown by selling off land that was decreasing in value and exiting the sub-prime lending and commercial contracting businesses.
Southwest Airlines raises fares up to $2 each way
 
Reuters - Southwest Airlines Co. said on Monday it raised fares up to $2 each way on some of its flights, a move that was matched by competitors.
Spending sluggish amid high energy costs
 
AP - Consumer spending rose at the weakest pace in five months in March as a surge in gasoline prices left shoppers with little left over for other items.
The Energy Challenge: Recruiting Plankton to Fight Global Warming
 
Several groups are working on massive fields of plankton intended to absorb carbon dioxide.
Tajikistan in $1bn hydropower bid
 
Tajikistan has announced a $1bn plan to become one of the world's leading hydropower producers.
Alert for UK store card customers
 
Many shoppers who use store cards are to be told on their account statement they can get a better deal elsewhere.
MedImmune 1st-quarter profit more than triples
 
Reuters - MedImmune Inc. , which earlier this month agreed to be bought by AstraZeneca Plc. for more than $15 billion, reported on Monday that first-quarter profit more than tripled on increased sales of its respiratory drug Synagis.
Circuit City expects loss on slow sales
 
AP - Electronics and entertainment retailer Circuit City Stores Inc. said Monday it will report a loss in its first quarter and is withdrawing its outlook for the first half of the fiscal year.
Wal-Mart Accused of Labor Violations
 
A rights group says the retailer's aggressive efforts to keep out labor unions violated federal law and infringed on its workers? rights.
Australia's Healthscope offers to take over Symbion
 
Reuters - Australia's Symbion Health said on Tuesday it has received a takeover approach valuing the pathology company's ordinary shares at A$2.78 billion ($2.32 billion) from a consortium led by Healthscope .
Merck's generics unit gets four final bids: sources
 
Reuters - Merck KGaA , Germany's drugs and chemicals group, received four final bids for its generics drugs business, sources familiar with the situation said on Monday.
Food Imports Often Escape Scrutiny
 
Critics warn that the F.D.A. is woefully understaffed and underfinanced to keep America?s food supply safe.
High Court Puts Limits on Patents
 
The Supreme Court made it more difficult to get a patent on new products that combine elements of existing inventions.
Two Giants Vie for Bank in Chicago
 
LaSalle is at the center of what could be the biggest bank deal ever, as a trophy for Bank of America and the Royal Bank of Scotland.
Accounting Said to Hide Lender Losses
 
An accounting technique called gain on sale is haunting New Century Financial as it faces bankruptcy and federal investigations.
Trail Mix Isn?t Just for Hikers
 
An emergency food supply can make an unplanned tarmac delay, if not pleasant, at least bearable.
Report Assails Wal-Mart Over Unions
 
A rights group says the retailer's aggressive efforts to keep out labor unions violated federal law and infringed on its workers? rights.
Costs and Divestitures Cut Verizon's Profit
 
Profit was down 8.4 percent but the company continued to have strong growth in wireless and broadband subscriptions.
Chinese E-Commerce Company Said to Plan Public Offering
 
Alibaba.com could raise $1 billion in what would be the biggest initial public offering ever for a Chinese Internet company.
Advertising: The Names Are Vintage, the Touches Modern
 
The lonely Maytag repairman is getting a personality makeover in a change meant to appeal to a new generation of shoppers.
Heated Cross-Examination at the Conrad Black Trial
 
The cross-examination of a crucial witness grew heated when a defense lawyer portrayed the witness as forgetful or inept.
Group accuses Wal-Mart of illegal anti-union tactics
 
Reuters - Wal-Mart Stores Inc. has used a myriad of tactics, including some that are illegal, to hinder the ability of its workers to form labor unions, a human rights group said in a report to be released on Tuesday.
SEC says settlement reached with ex-Tyco executive
 
Reuters - A former Tyco International Ltd. executive has agreed to settle civil charges he helped inflate the company's profits through sham transactions, the U.S. Securities and Exchange Commission said on Monday.

First Genre Prior Genre   Next Genre Last Genre


Credit Card Offers   |   Privacy Statement   |   Terms of Use   |   Comparison Grid   |   Credit Articles   |   News Archives   |   Site Map
Valid XHTML 1.0 Transitional
©Copyright 2012 ENC Group, Inc.
Valid CSS!