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Yahoo! News: Business
-----------------------------------
as of Mon, 06 Mar 2006 13:08:47 GMT
Yahoo! News
Reuters - Embattled U.S. auto giant General Motors Corp. said on Monday
it would sell 17.4 percent of its stake in Suzuki Motor Corp. (7269.T)
back to the Japanese car maker, raising around $2 billion in
much-needed cash to restore its tattered balance sheet.
Yahoo! News
Reuters - AT&T Inc. said on Sunday it would buy BellSouth Corp. for
$67 billion to acquire the rest of Cingular Wireless it does not
already own, and expand into the southeastern United States to gain
heft to battle growing competition from cable television and Internet
companies.
Yahoo! News
Reuters - Andrew Fastow, Enron Corp's former financial chief and the
architect of its most devious accounting schemes, will the take the
stand this week as the star witness at the trial of his former bosses
Ken Lay and Jeffrey Skilling.
Yahoo! News
Reuters - U.S stocks futures rose, indicating a higher opening on Wall
Street on Monday, after AT&T Inc.'s announcement of a $67 billion
purchase of BellSouth Corp. lifted investor sentiment following last
week's stock losses.
Yahoo! News
Reuters - Education Management Corp. on Monday said it had agreed to be
acquired for $3.4 billion by Providence Equity Partners and the
investment arm of Goldman Sachs.
Yahoo! News
Reuters - Economic momentum on both sides of the Atlantic is now largely
back in line with OECD projections but some of the factors sustaining
buoyant growth may not continue to do so, the Paris-based think-tank
said in an interim assessment on Monday.
Yahoo! News
Reuters - U.S stocks futures rose, indicating a higher opening on Wall
Street on Monday, after AT&T Inc.'s announcement of a $67 billion
purchase of BellSouth Corp. lifted investor sentiment following last
week's stock losses.
Yahoo! News
USATODAY.com - Here are USA TODAY's 2006 Mutual Fund All-Stars. Fund
performance is as of Feb. 23. The profiles were written by USA TODAY's
John Waggoner.
Yahoo! News
AP - The fraud trial of four former managers of Royal Ahold NV,
including the global food retailer's former chief executive officer,
was to begin Monday in Amsterdam, three years after the company went to
the brink of bankruptcy in one of Europe's largest financial scandals.
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