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Yahoo! News: Business
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as of Fri, 07 Oct 2005 11:09:59 GMT
Reckitt swallows Boots drugs unit (Reuters)
Reuters - Britain's Reckitt Benckiser Plc agreed on Friday to buy Boots
Group's non-prescription drugs business for a higher-than-expected
1.926 billion pounds in cash, bringing its Lemsip and Disprin cold
remedies together with Boot's Nurofen painkiller.
Oil steadies near $62 (Reuters)
Reuters - Oil steadied near $62 on Friday as the market sought to
balance weakening fuel demand in the world's top consumer, the United
States, against lost supplies of gasoline and heating oil from U.S. and
French refiners.
U.S. stock futures rise before jobs data (Reuters)
Reuters - U.S. stock index futures rose on Friday before a government
report expected to show the full impact of Hurricane Katrina on the
U.S. labor market.
Computershare rules out bid for LSE (Reuters)
Reuters - Share registry firm Computershare Ltd. quashed speculation it
would team up with Australian investment bank Macquarie Bank Ltd. to
bid for the London Stock Exchange Plc .
TSMC sales hit record high in Sept (Reuters)
Reuters - TSMC (2330.TW), the world's largest contract maker of
microchips, posted record high monthly sales in September, as clients
rush to launch products like video mobile phones and games consoles in
time for Christmas.
U.S. Consumers Apprehensive About Economy (AP)
AP - Consumer confidence remains low, with high energy prices, war and
fallout from hurricanes Katrina and Rita sapping American's enthusiasm
about the nation's economic health and their own.
U.S. stock futures rise before jobs data (Reuters)
Reuters - U.S. stock index futures rose on Friday before a government
report expected to show the full impact of Hurricane Katrina on the
U.S. labor market.
Group Opposes H&R Block's Push for Bank (AP)
AP - A group of five consumer advocates is asking federal regulators to
reject H&R Block Inc.'s attempt to open a savings bank, saying the
company could use it to take advantage of low-income customers.
Boots sells medicine business for 1.9 bln pounds (AFP)
AFP - Boots, the British health and beauty retailer, said it has agreed
to sell its over-the-counter medicines business to Reckitt Benckiser,
the Anglo-Dutch consumer goods giant, for 1.926 billion pounds (2.803
billion euros, 3.408 billion dollars) in cash.
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