Yahoo! News: Business
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                  as of Fri, 14 Oct 2005 11:51:45 GMT

    GE profit surges on jet engines (Reuters)

Reuters - General Electric Co. on Friday said third-quarter profit rose
 15 percent, boosted by rebounding earnings at its energy business and
 strong demand for jet engines, while sales fell at media arm NBC
 Universal.

    Hilton in talks to buy UK Hilton hotels (Reuters)

Reuters - U.S. group Hilton Hotels Corp is in talks to buy the hotels of
 its UK namesake, the companies announced on Friday, a deal which would
 reunite the Hilton brand after more than 40 years and could be worth
 3.6 billion pounds in cash, an industry source said.

    Stocks seen higher before inflation data (Reuters)

Reuters - Stock futures rose on Friday after conglomerate General
 Electric Co.  reported robust earnings in line with Wall Street
 expectations and before key U.S. data on inflation that could set the
 tone for early trading.

    Judge stays Google suit vs. Microsoft (Reuters)

Reuters - A federal judge ordered a tentative stay in Google Inc.'s 
 suit against Microsoft Corp. , according to a court Web site, dealing a
 blow to the Internet company's legal fight over its hiring of a former
 Microsoft executive.

    BB&T 3rd-quarter profit rises 7 pct (Reuters)

Reuters - BB&T Corp., the No. 9 U.S. bank, on Friday said third-quarter
 profit rose 7 percent, more than analysts expected, helped by increased
 lending and double-digit gains in fees, though expenses rose at a
 faster pace than revenue.

    Trade Deficit Climbs on Higher Oil Prices (AP)

AP - The nation's oil bill surged to a record in August and so did goods
 imported from China, pushing the U.S. trade deficit to the
 third-highest level ever. And it is bound to get worse because
 hurricane-related increases for oil are still ahead.

    Stocks seen higher before inflation data (Reuters)

Reuters - Stock futures rose on Friday after conglomerate General
 Electric Co.  reported robust earnings in line with Wall Street
 expectations and before key U.S. data on inflation that could set the
 tone for early trading.

    Flexible Managers Zig As Markets Zag (Investor's Business Daily)

Investor's Business Daily - If stock fund investors were hoping the
 fourth quarter would bring new vigor to performance after a
 teeter-totter summer, they got a rude awakening this month.

    Japanese retailer Daiei sees profit slump (AFP)

AFP - Daiei, the struggling Japanese supermarket operator, said its
 headline pretax profits almost halved in the first half to August, hit
 by weak sales.

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