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echo: yahoonews
to: ALL
from: BEN RITCHEY
date: 2005-09-28 07:17:42
subject: Business News Headlines

Yahoo! News: Business
                  -----------------------------------
                  as of Wed, 28 Sep 2005 12:02:58 GMT

    Stocks seen higher on steady oil (Reuters)

Reuters - U.S. stock futures indicated a higher opening on Wednesday as
 oil prices were steady and a government report was expected to show an
 increase in orders for long-lasting manufactured goods in August.

    Vincor rejects Constellation bid (Reuters)

Reuters - Canadian winemaker Vincor International Inc.  on Wednesday
 said it had rejected an unsolicited takeover offer from U.S. rival
 Constellation Brands Inc. , calling the C$1.1 billion bid
 "opportunistic and inadequate."

    NRG in talks to purchase Texas Genco:WSJ (Reuters)

Reuters - Power-plant operator NRG Energy Inc.  is in advanced
 discussions to purchase Texas Genco Holdings Inc., in a deal expected
 to be valued at $5 billion or more, the Wall Street Journal said on
 Wednesday.

    Kodak says digital profits disappoint (Reuters)

Reuters - Eastman Kodak Co.  on Wednesday said operating profit from
 digital products is lower than expected because of weakness in its
 business with the medical industry and slower U.S. economic growth.

    Home mortgages fell last week (Reuters)

Reuters - Applications for U.S. residential mortgages fell last week as
 rising interest rates deterred borrowers from refinancing their
 existing home loans and taking out new ones, an industry trade group
 said on Wednesday.

    Home mortgages fell last week (Reuters)

Reuters - Applications for U.S. residential mortgages fell last week as
 rising interest rates deterred borrowers from refinancing their
 existing home loans and taking out new ones, an industry trade group
 said on Wednesday.

    Stocks seen higher on steady oil (Reuters)

Reuters - U.S. stock futures indicated a higher opening on Wednesday as
 oil prices were steady and a government report was expected to show an
 increase in orders for long-lasting manufactured goods in August.

    Home mortgages fell last week (Reuters)

Reuters - Applications for U.S. residential mortgages fell last week as
 rising interest rates deterred borrowers from refinancing their
 existing home loans and taking out new ones, an industry trade group
 said on Wednesday.

    H&M Reports Higher Third-Quarter Profit (AP)

AP - Hennes & Mauritz AB, Europe's largest fashion retailer, posted
 a higher than expected third-quarter net profit on Wednesday thanks to
 rising sales.

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