Ciena takes Nortel unit auction to 2nd day: sources(2009-11-21)NEW YORK (Reuters) - The auction for Nortel Network's optical networking and carrier ethernet business went into a second day on Saturday, after Ciena called for a break in the auction late on Friday, two sources said.
Bank of America CEO Lewis may delay retiring: report(2009-11-20)NEW YORK (Reuters) - Bank of America Corp Chief Executive Kenneth Lewis has said he would consider postponing his retirement if directors need more time to find a successor or smooth the transition to the next CEO, the Wall Street Journal reported on Friday.
Delta says SkyTeam could invest more in JAL: report(2009-11-20)NEW YORK (Reuters) - The chief executive of Delta Air Lines Inc says the SkyTeam alliance of global carriers would be willing to invest more than its proposed $1.02 billion in Japan Airlines <9205.T>, the Wall Street Journal reported.
Time Warner, News Corp reported interested in MGM(2009-11-20)NEW YORK (Reuters) - News Corp, Time Warner Inc and Qualia Capital LLC are interested in buying Hollywood's Metro-Goldwyn-Mayer film studio, home of the James Bond movies, Bloomberg News reported on Friday.
GE-Vivendi talks over NBC Universal stalled: report(2009-11-20)NEW YORK (Reuters) - Talks between General Electric and Vivendi over the future of NBC Universal have stalled, the New York Times reported on Friday night.
Stocks could sputter with Black Friday eyed(2009-11-20)NEW YORK (Reuters) - U.S. stocks could sputter next week as volumes dry up in holiday-shortened trading and with a slew of economic reports likely to illustrate the recovery is still fragile.
Hershey mulls $17 billion solo bid for Cadbury: source(2009-11-20)PHILADELPHIA (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.
Hershey weighs $17 billion Cadbury bid: source(2009-11-20)PHILADELPHIA (Reuters) - U.S. chocolate maker Hershey Co is considering launching a bid of at least $17 billion for British chocolatier Cadbury Plc in an effort to outstrip a hostile offer by Kraft Foods Inc, a source familiar with the matter said on Friday.