Reviving worries about the strength of the holiday shopping season weighed on stocks. Stocks fell modestly Monday as retailers slid and the dollar pared its losses against other major currencies. The strengthening greenback weighed on prices of some…
Dubai – United Arab Emirates – United States – Middle East – Stock
Propane distributor Inergy L.P. on Monday said its fourth-quarter loss widened from a year ago as sales of propane declined. Inergy reported a loss of $45.5 million, or 79 cents per limited partner unit, for the quarter ended Sept. 30 compared with a loss of $…
Propane – Business – Energy – Oil and Gas – Health
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Inergy reports wider loss in fiscal 4th quarter
3Com Corp. said Monday it has won a contract to upgrade the computer networking infrastructure of the Court of Justice in the state of Sao Paulo, Brazil. Financial terms were not disclosed. 3Com earlier this month agreed to be acquired by Hewlett-Packard Co….
3Com – Brazil – Hewlett-Packard – São Paulo – Computer network
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3Com receives network infrastructure contract
An analyst for RBC Capital Markets upgraded shares of Stryker Corp. on Monday, saying the company will do more business in 2010 due to increased demand for orthopedic surgeries and greater spending by hospitals. Stryker also announced it plans to buy Ascent…
Business – RBC Capital Markets – Stryker Corporation – Healthcare – Products and Services
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Stryker upgraded on 2010 implants, equipment sales
Homebuilder Standard Pacific Corp. could be profitable next year as profit margins continue to improve, a JMP Securities analyst said in a note to investors Monday. James Wilson restated his “Market Outperform” rating and $4 price target on Standard Pacific…
James Wilson – Standard Pacific – Business – Investing – United States
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Standard Pacific may post ’10 profit, analyst says
U.S. B-schools are casting a wider net in search of international students. Forget China and India. Think Nigeria, Vietnam, and Kazakhstan
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In Hunt for Students, Business Schools Go Global
More shoppers were out over the weekend, but on average they spent less. The National Retail Federation still predicts a 1% decline in holiday spending
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‘Disciplined’ Holiday Shoppers Point to a Drop
Shares of Origin Agritech Inc. soared to their highest point in more than two years Monday, their fourth big jump over the past five trading days on extremely heavy volume. On Nov. 21, Origin said the Chinese government issued a final approval for its…
Government – Chinese people – Business – Seattle – Energy
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Origin Agritech hits 2-year high on seed approval
Vladimir Nabokov’s final, fragmentary novel has gone on sale in two versions in Russia, more than 30 years after he asked that it be burned upon his death. The emigre Russian wrote “The Original of Laura” on index cards in 1975-77, the last years of his life….
Original of Laura – Vladimir Nabokov – Russia – Fiction – Index card
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Fragmentary Nabokov novel published in Russia
DETROIT (Reuters) – Major automakers are expected to report flat U.S. auto sales for November from a year ago — another sign the industry is on the mend after a bruising downturn that forced extensive restructuring early this year.
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U.S. November auto sales to show slow recovery
Citigroup Inc. on Monday named Willem Buiter, a London-based economics professor and author, as its new chief economist. Currently a professor at the London School of Economics, Buiter is a widely published author and blogger. He has worked as a consultant…
London School of Economics – Economic – London – Citigroup – Willem Buiter
Reviving worries about the strength of the holiday shopping season sent stocks falling modestly. The stock market gave up an early advance Monday but also showed signs of stability following Friday’s steep drop. Global markets are rebounding after falling in…
Dubai – United Arab Emirates – United States – Middle East – Stock
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Stocks fall as investors weigh consumers, Dubai
Business software company CDC Software Corp. said Monday it agreed to buy gomembers Inc., a provider of software-as-service products for nonprofit and non-governmental organizations. Financial terms were not disclosed. Founded in 1996, gomembers provides…
CDC Software – Business – Non-governmental organization – Corporation – Non-profit organization
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CDC Software to buy gomembers, terms not disclosed
Former NBA all-star Antoine Walker is promising to pay more than $900,000 to settle bad check charges with three Las Vegas casinos and avoid felony criminal charges. Las Vegas Justice of the Peace Melanie Andress-Tobiasson approved a deal Monday letting…
Las Vegas Nevada – Antoine Walker – Las Vegas – National Basketball Association – United States
NEW YORK (Reuters) – The U.S. manufacturing sector is expected to have grown but at a slower pace in November in a still fragile recovery from the longest recession in decades, according to a Reuters’ poll of economists.
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November factory activity seen decelerating