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Web Directory Home / Business Thursday, April 28, 2005
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   ITM sells Spar, Netto; creates Europe-wide food retail tie-up (AFP)
AFP - The French distribution giant ITM Entreprises is withdrawing from the German market by selling the wholesaler Spar and the discount supermarket chain Netto to German firm Edeka, Edeka ...

Once-mighty Magellan falls to fifth place (USATODAY.com)
USATODAY.com - Investors have pulled an estimated $11.6 billion from Fidelity Magellan in the past 12 months, pushing it to fifth place among the largest stock mutual funds. Magellan, once ...

Economy Grows at Slowest Pace in Two Years (AP)
AP - Buffeted by rising energy prices and weakened consumer and business spending, the economy grew at an annual rate of just 3.1 percent in the first quarter. It was the slowest pace of ...

Exxon Mobil Profit Misses Forecasts (Reuters)
Reuters - Exxon Mobil Corp. , the world's largest public oil company, on Thursday said quarterly profit jumped 44 percent on rising oil prices, but the results fell short of Wall ...

Oil Slides Under $51 on U.S. GDP, Stocks (Reuters)
Reuters - Oil prices fell for the fourth day in a row on Thursday on fears that high prices have slowed down economic growth in the United States and on burgeoning crude oil stocks.

U.S. Jobless Claims Rise to 320,000 (Reuters)
Reuters - The ranks of Americans queuing up to claim jobless benefits for the first time grew by 21,000 last week as expected, government data showed on Thursday, while continued claims ...

Economy Grows at Softest Pace in 2 Years (Reuters)
Reuters - The U.S. economy grew at its softest pace in two years during the first quarter this year, slowing to a 3.1 percent annual rate of expansion as consumers and businesses curbed ...

Finger Case Hurts Wendy's Sales
CHICAGO (Reuters) - Wendy's International Inc. WEN.N on Thursday said ...

Kellogg Profit Up 16 Pct, Boosts 2005 Outlook
LOS ANGELES (Reuters) - Cereal maker Kellogg Co. on Thursday reported quarterly net earnings slightly above analysts' average estimate and boosted its profit outlook for the year ...

AEP Earns Up on Asset Sales Payment
NEW YORK (Reuters) - American Electric Power Co. AEP.N, one of the ...

Starwood, Lehman to Buy Le Meridiens
NEW YORK (Reuters) - Starwood Hotels & Resorts Worldwide Inc. HOT.N on ...

Procter & Gamble Raises Outlook
NEW YORK (Reuters) - Procter & Gamble Co. PG.N said on Thursday ...

Exxon Mobil Profit Misses Forecasts
NEW YORK (Reuters) - Exxon Mobil Corp. XOM.N, the world's largest ...

Oil Slides Under $51 on U.S. GDP, Stocks
LONDON (Reuters) - Oil prices fell for the fourth day in a row on Thursday on fears that high prices have slowed down economic growth in the United States and on burgeoning crude oil ...

U.S. Jobless Claims Rise to 320,000
WASHINGTON (Reuters) - The ranks of Americans queuing up to claim jobless benefits for the first time grew by 21,000 last week as expected, government data showed on Thursday, while ...

GDP, Exxon Weigh on Stocks
NEW YORK (Reuters) - U.S. stocks fell on Thursday after a government report showed the economy grew at its softest pace in two years during the first quarter and earnings from major ...


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