Tuesday, September 28, 2010

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Burkle loses Barnes & Noble proxy fight
MarketWatch
By Alistair Barr, MarketWatch SAN FRANCISCO (MarketWatch) — Billionaire activist investor Ron Burkle lost a proxy battle with Barnes & Noble Inc., pushing shares of the troubled bookseller down 3% Tuesday. New York-based Barnes & Noble (NYSE:BKS) said ...
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Wall Street Stumbles and Then Recovers
New York Times
By CHRISTINE HAUSER Shares on Wall Street were mostly higher Tuesday, recovering from declines that followed a sharp drop in consumers' expectations for the economy. The portrayal of consumer confidence, which was at its lowest level since February, ...
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Home prices to take hit next year in many markets
The Associated Press
WASHINGTON — Don't take the latest snapshot of US home prices too seriously. The Standard & Poor's/Case-Shiller 20-city index released Tuesday ticked up in July from June. But the gain is merely temporary, analysts say. They see home values taking a ...
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AOL Buys Tech Blog TechCrunch, 5min Media
Wall Street Journal
By Nat Worden Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--AOL Inc. (AOL) on Tuesday said it will buy technology blog TechCrunch Inc., one of the most influential blogs in Silicon Valley, as the Internet giant looks to expand its offerings of critical ...
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Census: Recession affects all aspects of American life
USA Today
By Haya El Nasser and Paul Overberg, USA TODAY The nation's financial crisis is altering Americans' way of life from the home and the workplace to the highway and the altar, according to the Census Bureau's 2009 American Community Survey out Tuesday. ...
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Endo stock jumps 12% after Qualitest buy
MarketWatch
By Shawn Langlois, MarketWatch SAN FRANCISCO (MarketWatch) — Endo Pharmaceutical Holdings Inc. shares rallied as much as 12% Tuesday after the company said it will buy generic-drug maker Qualitest Pharmaceuticals for $1.2 billion from private-equity ...
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Delta, Southwest Shares Flat on Merger
TheStreet.com
By Ted Reed 09/28/10 - 12:29 PM EDT ATLANTA (TheStreet) -- Shares in AirTran(AAI) were big winners after the carrier's acquisition by Southwest(LUV) was announced. But analysts are debating what the deal means to shares of Southwest and Delta(DAL), ...
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Apple, H-P shares swing on Tim Cook rumor
MarketWatch
HP's (NYSE:HPQ) stock was up about 1% Tuesday morning, while Apple (NASDAQ:AAPL) saw its shares sink more than 1%. Other analysts quickly dismissed the rumor. Gleacher & Co.'s Brian Marshall said he talked to Cook himself, who denied the rumor. ...
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MarketWatch
Commerce issues last of Net stimulus grants
Washington Post
These leaders have been a driving force behind the nation's economic policies since the financial crisis of 2008. By Cecilia Kang The Commerce Department on Monday announced the last of its more than $4 billion in stimulus grants for the expansion of ...
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Washington Post
Gold industry eyes another boom year for bullion
Reuters
By Jan Harvey and Amanda Cooper BERLIN (Reuters) - Uncertainty over the global economic outlook and expectations for a weaker US dollar should see gold prices reach eye-watering heights in the coming year, topping record highs set earlier on Tuesday. ...
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