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Business
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Stocks could sputter with Black Friday eyed
(Reuters)
Reuters - U.S. stocks could sputter next week as volumes dry up in holiday-shortened trading and with a slew of economic reports likely to illustrate the recovery is still fragile.
Hershey mulls $17 billion solo bid for Cadbury: source
(Reuters)
Reuters - U.S. chocolate maker Hershey Co is considering launching a bid of at least $17 billion for British chocolatier Cadbury Plc as it seeks to trump a hostile offer by Kraft Foods Inc, a source familiar with the matter said on Friday.
Bank of America CEO Lewis may delay retiring: report
(Reuters)
Reuters - Bank of America Corp Chief Executive Kenneth Lewis has said he would consider postponing his retirement if directors need more time to find a successor or smooth the transition to the next CEO, the Wall Street Journal reported on Friday.
GE-Vivendi talks over NBC Universal stalled: report
(Reuters)
Reuters - Talks between General Electric and Vivendi over the future of NBC Universal have stalled, the New York Times reported on Friday night.
Time Warner, News Corp reported interested in MGM
(Reuters)
Reuters - News Corp, Time Warner Inc and Qualia Capital LLC are interested in buying Hollywood's Metro-Goldwyn-Mayer film studio, home of the James Bond movies, Bloomberg News reported on Friday.
U.S. lawmakers urged to drop clearinghouse owner cap
(Reuters)
Reuters - NYSE Euronext , LCH.Clearnet, BATS Global Markets and other firms partnered with banks have urged two U.S. legislators to drop a proposed "rigid" cap on dealer ownership of clearinghouses, according to a letter sent this week.
New Hampshire AG seeks bankruptcy for mortgage co.
(AP)
AP - The New Hampshire attorney general's office wants to force a mortgage company that closed suddenly into bankruptcy.
Ohio AG sues credit agencies for public pensions
(AP)
AP - The three major credit ratings agencies gave mortgage-backed securities unjustifiably high ratings in return for lucrative fees, losing at least $457 million for five Ohio public employee pension and retirement funds, the state's attorney general alleged in a lawsuit filed Friday.
Barnes & Noble Nook E-Reader Will Arrive After Christmas
(NewsFactor)
NewsFactor - In what may remind many consumers of the Amazon Kindle's early days, Barnes & Noble expects shipments of its nook e-book reader to be delayed. On Friday, the giant book retailer said it has sold out its first batch of nooks amid high demand -- and new shipments won't be available until after the holiday shopping season ends.
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