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Title: Yahoo! News: Business
Link: http://news.yahoo.com/i/1885
Description: Business
Title: Yahoo! News: Business
Link: http://news.yahoo.com/i/1885
Description: Business
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Stocks could sputter with Black Friday eyed
(Reuters)
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.
Nestle may consider a bid for Cadbury: report (Reuters)
Reuters - Swiss food giant Nestle may consider a bid for Britain's Cadbury to challenge a hostile 9.9 billion pound ($16.3 dollars) bid by Kraft Foods Inc and a potential move by Hershey , Bloomberg reported on Sunday.
Ciena takes Nortel unit auction to 2nd day: sources (Reuters)
Reuters - 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.
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.
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.
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.
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.
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.
Desperate retailers seek holiday season rescue (AFP)
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.
