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Tyco agrees to pay 3 bln usd in securities class action suits

Xinhua Financial News - 462 days ago
Tyco International Ltd said it has agreed to pay 2.975 bln usd to settle most of the securities class action lawsuits involving the companies stock and the conduct of former management. The ... [more]
TYC:Tyco International Inc. - 

Ahead of the Bell: Federated Dept Stores

Xinhua Financial News - 462 days ago
Shares of Federated Department Stores Inc. inched down in premarket electronic trading Tuesday, after an Oppenheimer & Co. analyst cut his rating on the company ahead of its fiscal first-quarter re ... [more]
FD:Federated Department Stores, Inc. - 

Home Depot profit drops 29.5 percent

Xinhua Financial News - 462 days ago
The Home Depot Inc., the world's largest home improvement store chain, cited erratic weather and continued weakness in the housing market as it reported Tuesday a 29.5 percent drop in first-quarter ... [more]
HD:Home Depot, Inc. - 

Salzgitter says 1st-quarter profit surged after winning more sales

AP Worldstream - 462 days ago
Salzgitter AG, a German steelmaker, said Thursday that first-quarter profit surged after the company won new sales and raised the prices it charges its customers. Net income in the three mon ... [more]
SZGPF:Salzgitter AG - 

Social networking site MySpace to offer news, lifestyle video channels

AP Worldstream - 462 days ago
Social networking site MySpace is launching video channels that will feature news and lifestyle video from partners including The New York Times and National Geographic, the company announced Tuesd ... [more]
NWS.A:News Corporation Ltd. (The) - 

Home Depot 1Q profit drops 29.5 percent

Xinhua Financial News - 462 days ago
The Home Depot Inc., the world's largest home improvement store chain, cited erratic weather and continued weakness in the housing market as it reported Tuesday a 29.5 percent drop in first-quarter ... [more]
HD:Home Depot, Inc. - 

Ahead of the Bell: Mylan Labs

Xinhua Financial News - 462 days ago
Analysts continued to pore over the drug maker Mylan Laboratories Inc.'s $6.6 billion buyout of Merck KGaA's generic business on Tuesday to see if the deal will pay off despite what is widely seen ... [more]
MKGAF:Merck KGaA - 

Tyco to Pay $3 Billion Settlement

AP Online - 462 days ago
Tyco International Ltd. said Tuesday it has agreed to pay about $3 billion to settle shareholder claims that arose after former Chief Executive Officer Dennis Kozlowski and other top officers were ... [more]
TYC:Tyco International Inc. - 

Yahoo names Blake Jorgensen as chief financial officer

Xinhua Financial News - 462 days ago
Yahoo Inc said it has appointed Blake Jorgensen, the co-founder of Thomas Weisel Partners, as chief financial officer, replacing Susan Decker, who has moved to a new role as head of the advertiser ... [more]
YHOO:Yahoo! Inc. - 

Wal-Mart earnings rise 8 percent

Xinhua Financial News - 462 days ago
Wal-Mart Stores Inc., the world's largest retailer, said Tuesday its first-quarter earnings rose 8 percent, with strength in its warehouse stores and international division helping the company weat ... [more]
WMT:Wal-Mart Stores, Inc. - 

MySpace Expands Video Offerings

AP Online - 462 days ago
Social networking site MySpace is launching video channels that will feature news and lifestyle video from partners including The New York Times and National Geographic, the company announced Tuesd ... [more]
NWS.A:News Corporation Ltd. (The) - 

Tyco to pay $3 billion settlement in shareholders lawsuit

AP Worldstream - 462 days ago
Tyco International Ltd. said Tuesday it has agreed to pay about $3 billion (EUR 2.2 billion) to settle shareholder claims that arose after former Chief Executive Officer Dennis Kozlowski and other ... [more]
TYC:Tyco International Inc. - 

Ahead of the Bell: General Motors

Xinhua Financial News - 462 days ago
A Lehman Brothers analyst on Tuesday lifted his rating on General Motors Corp. stock, saying the sale of Chrysler to private equity investors, along with GM's disappointing first-quarter results, c ... [more]
DCX:DaimlerChrysler AG - 

Earnings Preview: Deere's 2Q report

Xinhua Financial News - 462 days ago
Deere & Co., the world's largest farm equipment maker, reports fiscal second-quarter earnings Wednesday. The following is a summary of key developments and analyst commentary for the period ended A ... [more]
DE:Deere & Co. - 

Wal-Mart Issues Warning on Profits

AP Online - 462 days ago
Wal-Mart Stores Inc. warned Tuesday that its profits in the current quarter could fall short of expectations after reporting an 8 percent gain in first-quarter earnings amid cost-cutting and streng ... [more]
WMT:Wal-Mart Stores, Inc. - 
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