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Hershey mulls $17 billion solo bid for Cadbury: source
(Reuters)
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.
Sat, 21 Nov 2009 00:09:50 GMT
Bank of America CEO Lewis may delay retiring: report
(Reuters)
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.
Sat, 21 Nov 2009 04:33:07 GMT
New questions arise in Pequot trading probe
(AP)
AP - A new development related to the government's investigation of possible insider trading at a major hedge fund has raised questions in the case and caught the attention of two key senators.
Fri, 20 Nov 2009 20:57:54 GMT
Ohio AG sues credit agencies for public pensions
(AP)
AP - The three major credit ratings agencies gave mortgage-backed securities unjustifiably high ratings in return for lucrative fees, losing at least $457 million for five Ohio public employee pension and retirement funds, the state's attorney general alleged in a lawsuit filed Friday.
Fri, 20 Nov 2009 20:07:21 GMT
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