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Nestle shares undervalued, says Barron's 4 May 08, 18:35 ET Reuters - Nestle SA shares look undervalued and could rise 20 percent over the next 12 months, weekly financial Barron's said on Sunday. more Buffett says economy is in recession 4 May 08, 16:59 ET Reuters - Warren Buffett, the world's richest person, said on Sunday the U.S. economy is in recession, "as I define it." more Buffett sees no bank panic, but expects more losses 4 May 08, 16:14 ET Reuters - Warren Buffett on Sunday said he does not expect financial markets to panic as write-downs and losses for bad debts mount in the financial services industry, but said those losses were not over "by a long shot." more Corporate boards' pay grows with workload, regulations 4 May 08, 14:22 ET AP - After ConAgra Foods' board slashed the company's dividend by 34 percent as part of a restructuring plan, a few shareholders suggested the board should also feel the pain and slash its own pay by roughly one-third. more Streak of trouble with FDA, other problems hits Merck 4 May 08, 14:21 ET AP - The roller coaster ride for Merck & Co. shareholders and employees is on another speedy downhill run. more Wall Street looks for more evidence to justify a rally 4 May 08, 14:19 ET AP - Wall Street goes into the new week in an upbeat mood, with investors growing more confident that the economy and the financial markets are heading toward a second-half recovery. more Buffett tells flock: Lower sights or sell Berkshire 4 May 08, 13:38 ET Reuters - Warren Buffett told shareholders of his Berkshire Hathaway Inc (BRKa.N) (BRKb.N) not to expect the out-sized gains his insurance and investment company has historically enjoyed, but they could still sleep well owning its stock over the long haul. more Audi to offer electric cars in 5-10 years: report 4 May 08, 10:00 ET Reuters - Audi, the luxury unit of Volkswagen , sees great opportunities in electric cars and will offer automobiles with no exhaust emissions within ten years, its top executive told a German weekly. more Barclays eyes possible Korea investor: report 4 May 08, 09:10 ET Reuters - British bank Barclays has held talks with an investment fund backed by the Korean government as it explores options for raising billions of pounds of fresh capital, the Sunday Telegraph said. more Smarter electric grid could be key to saving power 4 May 08, 03:38 ET AP - The glowing amber dot on a light switch in the entryway of George Tsapoitis' house offers a clue about the future of electricity. more Buffett and Munger reassure shareholders about succession 4 May 08, 03:21 ET AP - Warren Buffett tried to reassure his shareholders Saturday that Berkshire Hathaway will be fine once he is gone, but the 77-year-old billionaire offered few new details of the company's succession plan. more Homasote Company, Drexel Metals Corporation and Fourth Generation Products Announce a New Partnership 4 May 08, 03:01 ET PRWeb - Homasote Company, Drexel Metals Corporation and Fourth Generation Products have formed a collaborative partnership to develop, market and install roof systems. The partnership will focus on engineered, green, high-performance systems. All three companies bring a wealth of industry knowledge and expertise to the partnership. more Groundbreaking Technology in Global Positioning System (GPS) Internet Vehicle Tracking Now Being Sold to the Public at YourGPSnmore.com 4 May 08, 03:01 ET PRWeb - Millennium Plus is the first to offer publicly, GPS/Internet tracking solutions for all cars, trucks, construction, recreational, and fleet vehicles. Deregulation by the FCC of telecommunications services has made GPS/cellular technology available to the public that can deliver an affordable tracking product that can be acquired with light disposable income. more Microsoft withdraws offer for Yahoo 4 May 08, 00:28 ET Reuters - Microsoft Corp walked away from its bid to buy Yahoo Inc on Saturday after the Internet company turned down its offer to raise the price by $5 billion to $47.5 billion. more NYC food maker recalls over 286,000 pounds of meat, poultry 4 May 08, 00:20 ET AP - A New York food company is recalling more than 286,000 pounds of meat and poultry because it might be contaminated with the bacteria Listeria monocytogenes. more

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