Archive for January, 2007
Saudis said to plan production cut
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Fed’s holding pattern
The Federal Reserve is widely expected to leave a key short-term interest rate unchanged for the fifth consecutive time when it wraps up a two-day meeting on Jan. 31.
T.M.X. Elmo gets a posse
T.M.X. Elmo is about to get some company.
Big Super Bowl ad preview
Advertisers hope that celebrities like K-Fed, Jay-Z and Robert Goulet along with talking animals and other gimmicks will attract buzz during the Super Bowl.
Take that, ‘Bratz’: Barbie boosts Mattel
Mattel, the No. 1 toymaker, on Monday reported better-than-expected fourth-quarter profits and sales, boosted by improved sales of its flagship Barbie brand and strong sales of its Fisher-Price pre-school toys division.
Merrill Lynch to buy First Republic for $1.8B
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Verizon’s profit drops, sales rise
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Stock jitters before a busy week
As a week filled with economic reports, corporate results and a Fed meeting gets underway, U.S. stocks were set to open mixed to lower Monday.
Merger in troubled newsprint industry
Two major newsprint suppliers announced a merger of equals early Monday as they try to respond to the troubles in the newspaper industry.
US Air reported to up Delta bid
US Air Group is willing to increase its hostile takeover offer for Delta Air Lines Inc. by $1 billion under certain conditions as it makes a final push to win support from Delta creditors, according to a published report Monday.