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Samsung Q1 net jumps on LCDs and handsets 24 Apr 08, 23:16 ET Reuters - Samsung Electronics (005930.KS), the world's top maker of memory chips, beat expectations with a 37 percent rise in quarterly net profit, fuelled by sparkling performances in display panels and mobile phone handsets. more Microsoft issues final threat to scotch Yahoo deal 24 Apr 08, 20:28 ET Reuters - Microsoft Corp gave Yahoo Inc no hope of a higher takeover price, saying it was ready to go hostile or even call off its bid if Yahoo maintains "unrealistic expectations" of a better deal. more Wall Street rises after drop in jobless claims, Ford results 24 Apr 08, 17:54 ET AP - Wall Street rallied Thursday after the government's jobless claims data and Ford Motor Co.'s first-quarter results helped reinject some optimism about the economy into the market. more Amgen 1st-quarter profit rises on cost cutting 24 Apr 08, 17:35 ET Reuters - Amgen Inc reported higher first-quarter profit on Thursday, topping estimates, as cost cutting helped offset declining sales of its anemia drugs hit by safety concerns and reimbursement restrictions. more American Express 1st-qtr profit declines 24 Apr 08, 16:53 ET Reuters - American Express Co said on Thursday first-quarter profit fell 6 percent as it set aside more money for credit losses, but results beat expectations, and shares rose in after-hours trading. more Apple's Purchase of P.A. Semi Suggests New Devices 24 Apr 08, 16:37 ET NewsFactor - Apple's surprising purchase of P.A. Semi, a niche chip designer, for $278 million has analysts and journalists trying to make sense of the deal and what it means for future products. more Even with oil price, Mexico's state-run oil company loses money 24 Apr 08, 15:53 ET AP - Even with oil at $118 a barrel, Mexico's state-run oil company is losing money. more US Airways swings to 1Q loss on fuel costs 24 Apr 08, 15:44 ET AP - US Airways Group Inc. said Thursday it swung to a loss in the first quarter, punished like other airlines by the rising cost of jet fuel. more Rates on 30-year mortgages top 6 percent 24 Apr 08, 14:53 ET AP - Rates on 30-year mortgages topped 6 percent for the first time in six weeks as financial markets grew more worried about rising inflation pressures. more Ford posts surprise profit in quarter but predicts job cuts 24 Apr 08, 13:45 ET AFP - Ford Motor Co. predicted further job cuts even as it posted a profit of 100 million dollars in the first quarter Thursday in a surprise turnaround for the struggling US auto giant that has been mired in deep losses. more Delta and Northwest try to reassure Congress on merger 24 Apr 08, 13:38 ET Reuters - The chief executives of Delta Air Lines Inc and Northwest Airlines Corp sought to reassure Congress on Thursday that their planned merger would not hurt service, cut jobs, or blunt competition. more Aero and defense profits buck downturn 24 Apr 08, 13:08 ET Reuters - Raytheon, L-3, Rockwell Collins and Goodrich all beat Wall Street profit estimates on Thursday, as the U.S. economic downturn shows no signs of stopping the long boom in the defense and aerospace sectors. more Leaked: Grand Theft Auto IV Hits the Torrents 24 Apr 08, 12:03 ET NewsFactor - While the buzz is building that Grand Theft Auto IV will be the biggest video game release ever, the leaked copies of the software are making it onto the Internet. more Microsoft's Tellme Releases Mobile Voice Searching for Local Info 24 Apr 08, 11:45 ET NewsFactor - If your fingers are too slow for you to easily search for local info on your mobile devices, Tellme is offering a solution. Your voice. more More grim news on homes 24 Apr 08, 11:16 ET Reuters - Jobless claims fell sharply last week and durable goods orders showed resilience in March but new home sales plummeted, according to data on Thursday that delivered mixed news on the struggling economy. more Arby's owner buying Wendy's for $2.34 billion stock deal 24 Apr 08, 10:09 ET AP - After two past rejections, the owner of Arby's shaved roast beef sandwich restaurants is buying Wendy's, the fast-food chain famous for its made-to-order square hamburgers and chocolate Frosty dessert, for around $2 billion. more New home sales plunge to lowest level in 16 1/2 years 24 Apr 08, 10:05 ET AP - Sales of new homes plunged in March to the lowest level in 16 1/2 years as housing slumped further at the start of the spring sales season. The median price of a new home compared to a year ago fell by the largest amount in nearly four decades. more ConocoPhillips 1Q profit up 17 pct. on higher oil prices 24 Apr 08, 09:45 ET AP - ConocoPhillips, the third-largest U.S. oil company, said Thursday its first quarter profit rose almost 17 percent as record high oil prices offset disruptions that hurt earnings from its refining operations. more Arby's owner to buy Wendy's 24 Apr 08, 09:08 ET Reuters - Wendy's International Inc has agreed to be bought by Triarc Cos Inc , the investment arm of billionaire investor Nelson Peltz, in a deal valued at $2.34 billion that would bring Triarc's Arby's restaurant chain and Wendy's under one umbrella. more Arby's owner buying Wendy's in all-stock deal 24 Apr 08, 08:40 ET AP - The owner of Arby's said Thursday it is buying Wendy's International Inc. in an all-stock deal worth $2.34 billion that comes after the burger chain's board rejected at least two earlier offers by the company. more Motorola loss widens on weak phone sales 24 Apr 08, 08:35 ET Reuters - Motorola Inc said on Thursday its quarterly loss widened on cell phone sales that were at the low end of analyst expectations, signaling further market share losses to Nokia (NOK1V.HE) and other rivals. more The Scramble for Your Tax Rebate 24 Apr 08, 08:08 ET BusinessWeek Online - Beginning on May 2, more than 130 million Americans will open their mailboxes to find tax rebate checks, ranging from $600 to $1,200 per household. Retailers across the country desperately want a piece of that action in a U.S. economy flirting with recession, and the sales promotions tied to the government cash injection are already coming fast and furious. "We are going to start to see retailers raise the stakes in terms of types of promotions they are going to offer around rebate checks," says Scott Krugman, spokesperson for the National Retail Federation. more Corporate Van Pool, Your Time Is Now 24 Apr 08, 08:08 ET BusinessWeek Online - For years, in-house transportation gurus at companies across the country have been obsessing about how to cajole employees out of their cars. They've handed out mass-transit passes, ordered up fleets of luxury coaches, reserved premium parking spots for van pools, and filled locker rooms with toiletries and towels for those who bike to work. They've educated workers about the evils of not only the SUV but the SOV (single-occupancy vehicle). ... more How I Became a Little-Guy Lender 24 Apr 08, 08:08 ET BusinessWeek Online - I'm conservative with money, so lending to strangers on a Web site called Prosper might seem out of character. But when I was going over my investments this past winter, my well-balanced portfolio of mutual funds wasn't doing so hot, and my once-high-interest savings account seemed less and less appealing as rates kept falling. Since Prosper's founding two and a half years ago, peer-to-peer lending, as it's known, has been gaining respectability, and I liked the idea of helping people to expand businesses or pay off credit cards with exorbitant rates. ... more Liberty Mutual Pays Up for Safeco 24 Apr 08, 08:08 ET BusinessWeek Online - Property and casualty insurance provider Safeco Corp. agreed on Apr. 23 to be acquired by Liberty Mutual Group in a deal valued at $6.2 billion. Safeco shareholders would receive $68.25 per share for each share held, a nearly 51% premium to Safecos closing price of $45.23 on Apr. 22. more Ford posts surprise profit 24 Apr 08, 07:54 ET Reuters - Ford Motor Co posted an unexpected quarterly profit on Thursday, led by strong results in Europe and South America and a narrowing loss in North America and sending its shares up 5 percent in premarket trade. more Ford swings to $100M profit in 1st qtr, beats Wall Street 24 Apr 08, 07:54 ET AP - Ford Motor Co. surprised Wall Street on Thursday with a $100 million profit in the first quarter as strong results from Europe and South America helped offset the impact of a slumping U.S. economy that cut car and truck sales in its main market. Its shares rose almost 5 percent in premarket trading. more Coca-Cola Enterprises Q1 net falls 24 Apr 08, 07:51 ET Reuters - Coca-Cola Enterprises Inc reported a lower quarterly profit on Thursday despite a rise in sales, hurt by higher expenses, restructuring charges and weak sales in North America. more Oil slips as dollar gains 24 Apr 08, 07:45 ET AP - Oil prices slipped Thursday on the back of a strengthening American dollar and a U.S. government report showing a build in crude supplies. more Stock futures fall on consumer spending worry 24 Apr 08, 07:32 ET Reuters - Stock index futures fell on Thursday, after disappointing outlooks from iPod-maker Apple Inc , online retailer Amazon.com and coffee-chain operator Starbucks heightened concerns about consumer spending. more Dow Chemical 1Q profit drops on feedstock, energy costs 24 Apr 08, 07:24 ET AP - Dow Chemical Co. on Thursday reported a 3 percent drop in first-quarter profit because of higher feedstock and energy costs, but still managed to top Wall Street's expectations. more Aetna posts lower 1Q profit, but beats view 24 Apr 08, 07:21 ET AP - Aetna Inc.'s profit slipped in the first quarter but membership growth and higher premium rates pushed the health insurer's revenue higher, beating Wall Street expectations. more Motorola 1Q loss widens as phone sales fall 24 Apr 08, 07:15 ET AP - Cell phone maker Motorola says it lost slightly more money in the first quarter as sales in its key mobile unit fell 39 percent. more Chicago rice hits new record high above $25 24 Apr 08, 06:56 ET Reuters - U.S. rice futures struck a new lifetime peak above $25 in Asian trading on Thursday, as worries about possible supply shortages continued to plague the world's second-biggest food grain crop. more Credit Suisse Q1 write-downs of $5.3B drives $2.1B loss 24 Apr 08, 06:39 ET AP - Credit Suisse Group on Thursday posted a $2.1 billion loss for the first quarter as the global effects of the U.S. subprime mortgage crisis continued to spread. more Strong demand lifts Bayer past profit estimates 24 Apr 08, 06:34 ET Reuters - Bayer's quarterly profit surged ahead of market expectations thanks to strong demand for its prescription drugs and farming products, sending its shares to a two-month high on Thursday. more Credit Suisse hit by further $5 billion writedown 24 Apr 08, 06:00 ET Reuters - Credit Suisse notched up a further 5.3 billion Swiss francs ($5.26 billion) of credit-linked writedowns but its core rich clients kept their money at the bank unlike those of rival UBS. more Thai rice hits new record, feeding food fears 24 Apr 08, 05:10 ET Reuters - Rice prices in Thailand, the world's top exporter, surged to $1,000 a tonne on Thursday, feeding concerns about food security as far as the United States after export curbs by governments worldwide. more Wendy's to announce transaction with Peltz: report 24 Apr 08, 03:23 ET Reuters - Wendy's International Inc is set to announce a transaction with billionaire investor Nelson Peltz on Thursday, though the deal's specific details were unclear, the Wall Street Journal reported, citing a person familiar with the situation. more Soulforce Releases Open Letter from Jay Bakker to Joel Osteen 24 Apr 08, 03:05 ET PRWeb - "As a child growing up, I saw a side of the church that to me did not always reflect God's grace. This experience has led me to be concerned for our brothers and sisters in Christ who sometimes may feel rejected and left out of the church." -Jay Bakker more American Heart Association Honors Top African Americans for Work to Prevent Stroke 24 Apr 08, 03:01 ET PRWeb - The American Heart Association/ American Stroke Association sponsors Power Weekend and celebration to award top African Americans including Tom Joyner, Pastors Lyle & Deborah Dukes, Grammy nominated R singing group, Az Yet and Gospel Legend Marvin Winans, May 2nd -- 4th in Atlanta, Georgia more Texas and Houston Buck National Real Estate Trends; Erratic Economic Outlook, However, Affects Single-Family Market 24 Apr 08, 03:01 ET PRWeb - Texas and Houston appears to be eluding rising property foreclosure rates. more ABB sees first quarter profits soar to 1 bln dollars 24 Apr 08, 02:23 ET AFP - The Swiss-Swedish engineering giant ABB announced Thursday an 87 percent rise in first quarter net earnings to one billion dollars (630 million euros) due to strong sales and efficiency gains. more Fed may pause after cutting rates next week: report 24 Apr 08, 02:11 ET Reuters - The Federal Reserve is likely to cut interest rates by a quarter percentage point at a policy meeting next week but may then be ready to take a break, the Wall Street Journal's online edition reported on Thursday. more Sam's Club, Costco limit rice purchases as prices rise 24 Apr 08, 01:26 ET AP - The two biggest U.S. warehouse retail chains are limiting how much rice customers can buy because of what Sam's Club, a division of Wal-Mart Stores Inc., called on Wednesday "recent supply and demand trends." more Chinese shares rise nearly 10 percent on transaction tax cut 24 Apr 08, 01:20 ET AP - Chinese shares soared early Thursday after the government cut a tax on stock transactions in a move widely seen as a signal of support for the markets. more

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