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Yahoo! News: Business
-----------------------------------
as of Thu, 29 Sep 2005 12:03:16 GMT
E*Trade to buy BrownCo for $1.6 bln (Reuters)
Reuters - Online brokerage E*Trade Financial Corp. said on Thursday it
would buy BrownCo from J.P. Morgan Chase & Co. for $1.6 billion,
its second major acquisition in the rapidly consolidating discount
brokerage business since August.
Stocks set to gain on earnings hopes (Reuters)
Reuters - U.S. stock futures indicated a higher opening on Thursday on
optimism company earnings will
PepsiCo 3rd-qtr profit falls after charge (Reuters)
Reuters - PepsiCo Inc. said on Thursday quarterly profit fell after a
charge related to the company's repatriation of $7.5 billion in
international earnings.
Japan's eAccess in talks with GS (Reuters)
Reuters - U.S. investment bank Goldman Sachs will invest 25 billion yen
in a new mobile service in Japan that eAccess Ltd. (9427.T) aims to
start next year, eAccess said on Thursday.
Oil holds above $66 (Reuters)
Reuters - Oil held firm above $66 a barrel on Thursday stoked by fears
that hurricane-wrecked U.S. refineries would be unable to churn out
ample heating fuel to warm American consumers this winter.
Durable Goods See Biggest Rise in 3 Months (AP)
AP - New orders for big-ticket manufactured products rose in August at
the fastest pace in three months, providing a reassuring sign that
American factories are not headed for another slump.
Stocks set to gain on earnings hopes (Reuters)
Reuters - U.S. stock futures indicated a higher opening on Thursday on
optimism company earnings will
Fund invests in hurricane reconstruction (Reuters)
Reuters - Once again we're rebuilding the South -- or at least the
hurricane-hit swath that runs along the Gulf Coast. If you've already
given away the charitable portion of your family's budget to help
Katrina victims, but you'd like to do more, there's a mutual fund that
allows you to invest in the reconstruction effort.
Consumers move up to higher-priced goods (Reuters)
Reuters - Soaring oil costs have not stopped consumers from trading up
to higher-priced products, whether it's plumbing, clothing or
furniture, industry experts said this week.
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