Last updated 7:47AM ET
November 21, 2009
Business
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.
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.
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.
U.S. Q3 seen revised down on widening trade deficit
(2009-11-20)
WASHINGTON (Reuters) - The U.S. economy's return to growth in the third quarter was less brisk than previously thought as the trade deficit worsened and companies still aggressively cut inventories, a Reuters survey predicted.
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.
Paulson's golden investors have to commit $10 million
(2009-11-20)
BOSTON (Reuters) - Investors tempted to put money into star hedge fund manager John Paulson's new gold portfolio will have to commit at least $10 million and leave the money locked up for at least one year, according to a prospectus.