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Stocks could sputter with Black Friday eyed (Reuters)

Traders work on the floor of the New York Stock Exchange moments before the closing bell on November 5 in New York City. Key housing sector data may provide direction for Wall Street in the coming week as the market looks for confirmation of economic recovery and girds for the year-end holiday period.(AFP/Getty Images/File/Spencer Platt)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.

Sat, 21 Nov 2009 02:14:01 GMT
Hershey mulls $17 billion solo bid for Cadbury: source (Reuters)

Hershey's candy boxes are seen inside a store in New York, November 18, 2009. REUTERS/Shannon StapletonReuters - 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
Ciena takes Nortel unit auction to 2nd day: sources (Reuters)

A sign is pictured outside Nortel's Carling Campus in Ottawa August 10, 2009. REUTERS/Blair GableReuters - The auction for Nortel Network's optical networking and carrier ethernet business went into a second day on Saturday, after Ciena called for a break in the auction late on Friday, two sources said.

Sat, 21 Nov 2009 19:53:52 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
GE-Vivendi talks over NBC Universal stalled: report (Reuters)

An NBC sign on the General Electric building in New York, October 5, 2009. REUTERS/Mike SegarReuters - Talks between General Electric and Vivendi over the future of NBC Universal have stalled, the New York Times reported on Friday night.

Sat, 21 Nov 2009 03:38:17 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
New Hampshire AG seeks bankruptcy for mortgage co. (AP)

AP - The New Hampshire attorney general's office wants to force a mortgage company that closed suddenly into bankruptcy.

Fri, 20 Nov 2009 22:59:36 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
Desperate retailers seek holiday season rescue (AFP)

A father and child stop to look at the Christmas display at Macy's department store in New York. US retailers are taking desperate measures to spark holiday sales in the face of what promises to be another troubled year-end shopping season.(AFP/Getty Images/Mario Tama)AFP - US retailers are taking desperate measures to spark holiday sales in the face of what promises to be another troubled year-end shopping season.

Sun, 22 Nov 2009 04:32:33 GMT
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