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| Nestle shares undervalued, says Barron's |
4 May 08, 18:35 ET |
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| 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 |
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| 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 |
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| 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 |
| Yahoo, News Corp talks have "cooled": source |
4 May 08, 14:36 ET |
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| Reuters - Yahoo Inc's talks with Rupert
Murdoch's News Corp (NWSa.N) on an alternative deal to
Microsoft Corp's takeover bid have "cooled" in recent
weeks, one source familiar with the matter said on Sunday. |
| more |
| Corporate boards' pay grows with workload, regulations |
4 May 08, 14:22 ET |
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| 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 |
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| AP - The roller coaster ride for Merck & Co. shareholders and employees is on another speedy downhill run. |
| 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 |
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| 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 |
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| 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 |
| Airbus warns clients of more A380 delays, report says |
4 May 08, 06:45 ET |
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| AFP - Franco-German aircraft maker Airbus has written to clients warning them of more possible delays in deliveries of its A380 superjumbo, a German magazine report said on Sunday. |
| more |
| Smarter electric grid could be key to saving power |
4 May 08, 03:38 ET |
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| 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 |
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| 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 |
| Microsoft withdraws offer for Yahoo |
4 May 08, 00:28 ET |
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| 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 |
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| 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. |
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