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Honeywell shares up after 2008 outlook tops Street view
BOSTON (Reuters) - Honeywell International Inc on Thursday forecast 2008 profit growth of 16 percent to 21 percent, broadly above Wall Street estimates, with strength in its aerospace ...

Dow Jones shareholders approve News Corp buyout
NEW YORK (Reuters) - Dow Jones & Co Inc shareholders voted to approve a $5.6 billion buyout by News Corp on Thursday, giving Rupert Murdoch control of one of the world's most influential ...

N.Y. regulators "happy" to meet with Greenberg on AIG
NEW YORK (Reuters) - The New York State Insurance Department would be "happy" to meet with former American International Group Chief Executive Hank Greenberg to discuss his plans ...

Countrywide loan funding tumbles 40 percent in November
NEW YORK (Reuters) - Countrywide Financial Corp , the No. 1 U.S. mortgage lender, said on Thursday mortgage loan funding tumbled 40 percent to $23 billion in November, sending its shares ...

H&R; Block says may need more financing
NEW YORK (Reuters) - Top U.S. tax preparer H&R; Block Inc said on Thursday its borrowing capacity may not be sufficient to meet its financing requirements and it may have to issue ...

Crisis has legs despite central bank endeavour
LONDON (Reuters) - Investor delight at a concerted central bank effort to relieve jammed money markets fizzled out on Thursday with experts saying the credit crisis would only end when ...

Wall St indexes fall on credit plan doubts
NEW YORK (Reuters) - Stocks fell on Thursday as doubts grew that a plan by global central banks to thaw credit markets could work, sending financial shares lower.

Lufthansa plans to buy 19 percent stake in JetBlue
NEW YORK (Reuters) - German airline Deutsche Lufthansa AG said on Thursday that it plans to acquire a 19 percent stake in U.S. low-cost carrier JetBlue Airways Corp for about $300 million.

Lehman earnings fall 11 percent
NEW YORK (Reuters) - Lehman Brothers Holdings Inc said on Thursday fourth-quarter earnings fell 11 percent, as the credit market crisis triggered write-downs, and the company said further ...

Gasoline prices boost retail sales and inflation
WASHINGTON (Reuters) - Retail sales were solid in November as the holiday shopping season got underway, but a good portion of consumer dollars went to higher-priced gasoline, which also ...

Honeywell sees 2008 profit up, over analysts' view
BOSTON (Reuters) - Honeywell International Inc said on Thursday it expects to report a 2008 profit 16 percent to 21 percent over estimated 2007 earnings, broadly above Wall Street ...

Costco quarterly profit up nearly 11 percent
NEW YORK (Reuters) - Costco Wholesale Corp said on Thursday its quarterly profit rose almost 11 percent as bargain-hunting customers headed to its clubs to buy cheap gasoline and ...

Banks seen funding "SuperSIV" have doubts: report
NEW YORK (Reuters) - Some banks expected to contribute to a fund to bail out troubled securitized investment vehicles (SIVs) are losing interest as they doubt the fund's ability to provide ...

Pepsi Bottling '08 forecast below Street view
NEW YORK (Reuters) - Pepsi Bottling Group Inc on Thursday gave a 2008 earnings forecast that fell short of most Wall Street estimates.

Countrywide under Illinois probe: report
NEW YORK (Reuters) - The home loan unit of Countrywide Financial Corp , the largest U.S. mortgage lender, is under investigation by Illinois' attorney general over dubious lending ...

H&R; Block says it may need more financing
NEW YORK (Reuters) - Top U.S. tax preparer H&R; Block Inc said on Thursday the borrowing capacity under its committed lines of credit might not be sufficient to meet its financing needs and ...

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