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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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