Retail Stocks: Retail off; Wal-Mart makes offer in S. Africa
Retail stocks fell on Monday as the industry digested Wal-Mart Stores Inc.’s $4 billion-plus bid for South Africa’s Massmart Holdings. feeds.marketwatch.com |
European strikes weigh on world stock markets
By CARLO PIOVANO 2010-09-29T16:17:18ZLONDON (AP) -- European and U.S. markets fell Wednesday as labor protests across the EU fueled worries about countries' ability to cut heavy debt loads, offsetting any optimism about a possible economic boost from the Federal Reserve.... hosted.ap.org |
FDA rejects Arena Pharma diet drug lorcaserin
By MARK JEWELL 2010-10-23T17:40:26ZArena Pharmaceuticals Inc. on Saturday said the Food and Drug Administration rejected the company's application for lorcaserin, one of three drugs seeking to become the first new FDA-approved prescription weight loss drug in more than a decade.... hosted.ap.org |
Paper maker Stora Enso in $270 million Q3 profit
By MATTI HUUHTANEN 2010-10-27T16:58:25ZHELSINKI (AP) -- Paper maker Stora Enso Oyj reported Wednesday a third-quarter net profit of euro194 million ($270 million) thanks to improved demand and cuts in costs and production.... hosted.ap.org |
Sales could top $1 billion on a manic Cyber Monday
NEW YORK (AP) -- Cyber Monday started as a gimmick to get people to shop at their desks on the first workday after Thanksgiving. But if you promote something enough, it can take on a life of its own.... hosted.ap.org |