KUAR NewsRoom

Wall St rises on data, resource shares (2009-11-23) NEW YORK (Reuters) - U.S. stocks extended gains on Monday, with Nasdaq increasing 2 percent, after data showed sales of previously owned homes rose to the highest in more than 2-1/2 years, while a rally in commodities boosted resource shares.

U.S. existing home sales seen at highest since July 2007

(2009-11-23) New York (Reuters) - Sales of existing U.S. homes likely rose for a second consecutive month in October, reaching their highest since July 2007, according to a Reuters poll, as buyers scrambled to take advantage of greater affordability and a first-time home buyer tax credit.

Campbell Soup Co profit beats Street, shares jump

(2009-11-23) NEW YORK (Reuters) - Campbell Soup Co reported a higher-than-expected quarterly profit on Monday, helped by prices increases, easing costs for ingredients like grains and tomatoes and efforts to cut overhead costs.

Tyson profit better than expected; outlook strong (2009-11-23) NEW YORK (Reuters) - Tyson Foods Inc posted higher-than-expected quarterly results on Monday on strength in its beef, pork and prepared foods businesses, which it expects to continue in its new fiscal year.

Cadbury hits new high as bidders circle

(2009-11-23) LONDON (Reuters) - Speculation of a bid battle for Cadbury between Kraft Foods and other rivals who are considering making takeover offers lifted shares in the British confectioner to a new high, analysts said on Monday.

Gold hits record above $1,170/oz as dollar slides (2009-11-23) LONDON (Reuters) - Gold hit a record high at $1,170.55 an ounce on Monday as dollar weakness pushed the metal through key technical resistance levels, fuelling momentum buying after the metal's sharp run higher earlier this month.

Ciena beats NSN to buy Nortel ops for $769 mln (2009-11-23) HELSINKI/NEW YORK (Reuters) - Ciena Corp will buy the optical networking and carrier ethernet business of bankrupt Nortel for $769 million after it trumped Nokia Siemens Networks in a three-day auction.

Nokia phone margin, smartphone outlook eyed

(2009-11-23) HELSINKI (Reuters) - - Nokia Oyj's battered shares could get a boost when the firm looks ahead at next week's investor day to an expected upturn in handset margins and a more competitive smartphone offering in 2010.