Reuters - The private-equity buyers of Acxiom
Corp are in talks about breaking off their proposed
$2.25 billion acquisition of the data-management company, the
Wall Street Journal reported on its Web site on Monday, citing
people familiar with the situation.
Reuters - The Teamsters union and United Parcel
Service Inc on Sunday said they reached a tentative
five-year agreement that will raise parcel workers' wages and
increase the company's contributions to funds providing
pensions and benefits.
Reuters - Japan's Nikkei rose 0.4 percent on Monday
as investors bought Fanuc Ltd and other large-cap shares after
the Bank of Japan's tankan survey showed manufacturers remained
optimistic despite turmoil in global credit markets.
Reuters - Switzerland's largest bank, UBS
, is expected to warn on Monday that it has written
off billions of dollars on fixed-income assets, making it one
of the biggest casualties so far of turmoil in world credit
markets, the Financial Times and Wall Street Journal reported.
Reuters - A court case brought by Nigeria
against Pfizer resumes on Wednesday with the U.S. drug maker
saying it answered a call for help to save the lives of African
children during a meningitis epidemic.
Investor’s Business Daily - The Economic Cycle Research Institute's gauge of future U.S. economic growth rose to 141.1 in the week ended Sept. 21 from 140.7 the week before due to lower jobless claims and higher stock prices. The annualized growth rate rose to 1% from 0.5%, a sign that a recession is unlikely in the near term.
FT.com - US stocks were modestly weaker at mid-morning on Friday, and as the third quarter was set to end, investors faced benign news on inflation. Oil prices were near a record high as the dollar set fresh record lows.
Reuters - U.S. home goods retailer Bed Bath &
Beyond Inc posted a slightly higher quarterly profit
on Wednesday on increased sales and a one-time tax benefit and
said its board of directors approved a $1 billion share buyback
program.
Reuters - Fremont General Corp , which
stopped making subprime home loans in March, said an investment
group may pull out of an agreement to inject $80 million to
help insure the savings and loan's survival.
Reuters - Japan's Nikkei rose 0.5 percent on Monday
as investors bought Fanuc Ltd and other large-cap shares after
the Bank of Japan's tankan survey showed manufacturers remained
optimistic despite turmoil in global credit markets.
Reuters - The Teamsters Union and UPS on Sunday
reached a tentative five-year agreement that will boost the
wages of parcel workers and increase the company's
contributions to funds that provide pensions and benefits, the
union said.
Reuters - Swiss bank UBS is expected
to warn on Monday that it has written off billions of dollars
on fixed-income assets, making it the biggest casualty so far
of turmoil in world credit markets, the Financial Times and
Wall Street Journal reported.
Reuters - Atlantic Southeast Airlines, a
subsidiary of SkyWest Inc has reached a tentative
labor contract with its nearly 1,700 pilots.
Reuters - A court case brought by Nigeria
against Pfizer resumes on Wednesday with the U.S. drug maker
saying it answered a call for help to save the lives of African
children during a meningitis epidemic.
Investor’s Business Daily - The Economic Cycle Research Institute's gauge of future U.S. economic growth rose to 141.1 in the week ended Sept. 21 from 140.7 the week before due to lower jobless claims and higher stock prices. The annualized growth rate rose to 1% from 0.5%, a sign that a recession is unlikely in the near term.