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Web Directory Home / Business Sunday, April 8, 2007
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   Lockheed, Boeing vie for $1 bln-plus U.S. radio deal
WASHINGTON (Reuters) - Lockheed Martin Corp. and Boeing Co. said they had met a Friday deadline for submitting their rival bids to develop a new, $1 billion-plus element of the U.S. Joint ...

Northwest to award 4.9 pct stake to management
NEW YORK (Reuters) - Northwest Airlines Corp. said on Friday it plans to award about 400 directors and officers a combined stake in the carrier of up to 4.9 percent when it emerges from ...

Delphi posts $132 million net loss for February
CHICAGO (Reuters) - Bankrupt U.S. auto parts maker Delphi Corp. posted a $132 million net loss for February, the company said in a limited operating report filed with the U.S. Bankruptcy ...

U.S. farmers aim for record corn crop, ethanol riches
WASHINGTON (Reuters) - U.S. farmers plan to cash in on the ethanol fuel boom by planting the largest area to corn in 63 years, potentially yielding a record crop and calming fears that ...

U.S. data may propel stocks higher
NEW YORK (Reuters) - Investors are looking ahead to the coming week's economic data for signs that the U.S. economy is still on track to grow at a moderate pace.

Wall St indexes flat as China news eclipses data
NEW YORK (Reuters) - U.S. stocks ended the last session of a turbulent quarter little changed on Friday as word the United States had imposed duties on some Chinese imports offset strong ...

U.S. bank law has helped less affluent: Bernanke
WASHINGTON (Reuters) - A U.S. law that requires banks to serve the less affluent has widened access to credit and helped increase home ownership, but needs to evolve to address the rise in ...

Cancer vaccine stocks soar on Dendreon panel vote
BOSTON (Reuters) - Shares of cancer vaccine makers soared on Friday after an advisory panel to the U.S. Food and Drug Administration recommended approval of a product made by Dendreon Corp.

Bain, Blackstone among Ceridian bidders: sources
NEW ORLEANS (Reuters) - Private equity firms Bain Capital and Blackstone Group are among the bidders for Ceridian Corp. , sources familiar with the matter said on Friday, raising the ...

Data eases fears of sharp economic slowdown
WASHINGTON (Reuters) - A raft of stronger-than-expected U.S. economic reports on Friday, including data on personal income, inflation and manufacturing, buttressed the view that the economy ...

Charges, higher costs hit Palm quarterly profit
SAN FRANCISCO (Reuters) - Palm Inc. , the current subject of takeover speculation and maker of the Treo smartphone, on Thursday posted a lower quarterly profit as costs rose and it booked ...

Stocks end flat as Fed stance questioned
NEW YORK (Reuters) - U.S. stocks barely budged on Thursday as investors consolidated Wednesday's gains and second-guessed expectations that the Federal Reserve's next policy move will be an ...

Palm says court grants stay in NTP lawsuit
NEW YORK (Reuters) - Palm Inc. said on Thursday that a U.S. court judge granted a stay in a patent infringement lawsuit brought against it by NTP.

Judge OKs Delphi first half '07 executive bonuses
NEW YORK (Reuters) - A U.S. bankruptcy judge ruled on Thursday that Delphi Corp. may pay up to $37.4 million in bonuses to executives for the first six months of 2007, despite objections ...

Countrywide failed subrime loans could be worst
WASHINGTON (Reuters) - Countrywide's subprime mortgage defaults for 2006 loans may exceed the company's highest on record, a company executive told a government panel examining mortgage ...

Top bookstores' gloomy views generate merger buzz
NEW YORK/CHICAGO (Reuters) - Top U.S. booksellers Barnes & Noble Inc. and Borders Group Inc. provided lackluster financial outlooks on Thursday, leading some industry analysts to think that ...


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