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Written by Hamza
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Mon, 12 May 2008 10:05:22 -0400
NEW YORK (Reuters) - Cablevision Systems Corp sealed a 0 million deal to buy 97 percent of Newsday Media Group from Tribune Co, the companies said on Monday, after Rupert Murdoch's News Corp withdrew its bid.
Mon, 12 May 2008 08:46:20 -0400
NEW YORK (Reuters) - Sprint Nextel Corp on Monday reported a wider quarterly loss amid steep customer defections and it forecast only marginal improvements in the current quarter.
Mon, 12 May 2008 11:17:25 -0400
NEW YORK (Reuters) - Stocks advanced on Monday as financial shares added to gains after bond insurer MBIA said quarterly revenue dropped less than it reported initially.
Mon, 12 May 2008 10:46:21 -0400
NEW YORK (Reuters) - The scheduled start on Monday of a trial over financing for the billion buyout of Clear Channel Communications has been delayed until Tuesday.
Mon, 12 May 2008 07:51:21 -0400
NEW YORK (Reuters) - MBIA Inc said on Monday unrealized losses on insured derivatives skyrocketed in the first quarter, pushing the world's largest bond insurer into a sharp quarterly loss.
Mon, 12 May 2008 10:28:26 -0400
NEW YORK (Reuters) - IndyMac Bancorp Inc , one of the largest independent U.S. mortgage lenders, posted a first-quarter loss on Monday as it wrote down bad mortgages and grappled with the cost of cutting jobs and closing offices.
Mon, 12 May 2008 11:15:51 -0400
TORONTO (Reuters) - Research In Motion Ltd is launching a new high-end version of the BlackBerry aimed at its core base of business users, but it hopes the sleek device will also catch on in the broad retail market.
Mon, 12 May 2008 09:05:55 -0400
LONDON (Reuters) - Oil fell file=reuters.php to near 4 a barrel on Monday, as a stronger U.S. dollar and profit-taking put the brakes on a rally that took it to record peaks last week.
Mon, 12 May 2008 06:04:21 -0400
NEW YORK (Reuters) - International Lease Finance Corp, a unit of American International Group , is worried by the insurer's financial troubles and mulling a split from it, the Wall Street Journal said on Monday, citing people familiar with the matter.
Mon, 12 May 2008 10:03:15 -0400
NEW YORK (Reuters) - AnnTaylor Stores Corp raised its first-quarter earnings forecast on Monday, citing lower inventories and improvement at its LOFT chain, sending shares of the women's clothing retailer up 11.5 percent.
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