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Alliance Data ends $6.76 bln deal with Blackstone 18 Apr 08, 22:14 ET Reuters - Alliance Data Systems Corp said on Friday it terminated a $6.76 billion sale to Blackstone Group LP affiliates and has sued to win a $170 million business interruption payment. more Sears says credit pact with Bank of America to end 18 Apr 08, 21:39 ET Reuters - Retailer Sears Holdings Corp said on Friday a credit agreement with Bank of America Corp would come to an end after the bank would not agree to renew it under existing terms. more Earnings remain key as Dow nears turnaround 18 Apr 08, 21:09 ET Reuters - Investors will have seen enough corporate results by the end of next week to determine if the recent string of encouraging earnings was an anomaly or a real sign stocks can weather the credit crisis and economic slowdown. more Turning around companies in crisis 18 Apr 08, 18:33 ET Reuters - "The Turnaround Kid" was advertised by publisher HarperCollins as an inside account of the corporate turnarounds that author Steve Miller has been involved in as one of corporate America's "fix-it" men. more Canada says chemical in hard plastic bottles may be unsafe 18 Apr 08, 17:57 ET AP - An ubiquitous chemical found in hard plastic water bottles, DVDs, CDs and hundreds of other common items came under increased pressure Friday when Canada said it's potentially harmful and may ban its use in baby bottles. more Global sales boost Caterpillar 1Q profits, stock price 18 Apr 08, 16:47 ET AP - Caterpillar Inc. parlayed an increased reliance on international markets to surprisingly strong sales and a 13 percent jump in first-quarter profits, impressing investors who expected the heavy equipment maker to be slowed more by the weak U.S. economy and dollar. more Regulator settles with ex-Fannie Mae execs 18 Apr 08, 16:44 ET Reuters - Ex-Fannie Mae chief Franklin Raines and two other former executives agreed to pay more than $31 million in a settlement over their roles in a 2004 accounting scandal at America's largest home financing agency, its regulator said on Friday. more Google's 42 Percent Revenue Surge Jolts Wall Street 18 Apr 08, 16:37 ET NewsFactor - Google posted revenues of $5.19 billion for the year's first quarter -- an increase of 42 percent compared to one year earlier and a seven percent rise from the prior quarter. By contrast, the company's traffic-acquisition costs amounted to only $1.49 billion, or 29 percent of advertising revenues, company executives said. more MySQL Users Upset by Sun's Dual-Track Development 18 Apr 08, 16:37 ET NewsFactor - MySQL users are upset about plans Sun Microsystems disclosed this week to keep some strategic planned features -- and the source code -- closed. Only paying customers will get access to the new database features. more Former Fannie chief agrees to $24.7 million settlement 18 Apr 08, 16:31 ET AP - Former Fannie Mae chief Franklin Raines and two other top executives have agreed to a $31.4 million settlement with the government announced Friday over their roles in a 2004 accounting scandal. more Oil hits 117 dollars on talk of Nigeria pipeline attack 18 Apr 08, 15:49 ET AFP - Oil prices rebounded to a new record high of 117 dollars a barrel here Friday as traders refocused on supply fears after talk of a pipeline attack in Nigeria, Africa's largest oil producer. more Oil hits new record $117 a barrel 18 Apr 08, 15:38 ET Reuters - Oil prices hit a record high $117 a barrel Friday as jitters over Nigerian oil supplies outweighed a rally in the dollar and fears of an economic slowdown in giant energy consumer China. more Wall St. braces for thousands of pink slips 18 Apr 08, 15:37 ET Reuters - Citigroup Inc , Merrill Lynch & Co and Wachovia Corp this week announced 12,400 job cuts, and the number of pink slips is likely to rise as losses mount and the economy works its way out of its malaise. more Fed officials cool on need for rate cuts 18 Apr 08, 14:50 ET Reuters - Federal Reserve officials continued to hint on Friday that they are reluctant to cut interest rate further as the sluggish U.S. economy also faces a threat from inflation. more RTR Albany Will Handle Microsoft Office, Security Updates 18 Apr 08, 14:41 ET NewsFactor - You can add Albany to your list of upcoming Microsoft products and services. On Friday, the software giant announced the launch of the new service as a private beta. The announcement confirmed months of rumors. more UAW threatens strike at Chevrolet Malibu plant 18 Apr 08, 14:19 ET AP - General Motors Corp. dodged one strike at a key factory on Friday, but the United Auto Workers threatened to walk out at the main plant that builds the hot-selling Chevrolet Malibu. more Economy to curb growth at phone companies 18 Apr 08, 13:52 ET Reuters - A weaker economy is forcing consumers to find ways to lower their telephone bills, likely limiting profit growth for phone companies like AT Inc and Verizon Communications Inc . more Fed should wield "baseball bat" over banks: PIMCO 18 Apr 08, 13:05 ET Reuters - The Federal Reserve should threaten banks to make them raise more capital as a step toward restoring faith in credit markets, central bank policy-makers were urged on Friday. more Bad weather drags on Schlumberger 1Q, but profit up 14 pct 18 Apr 08, 12:43 ET AP - Schlumberger Ltd., the world's largest oilfield services company, reported a nearly 14 percent rise in first-quarter income Friday, but results missed Wall Street forecasts and were seen as largely lackluster. more AT&T Adds Table-Like Information Center to Stores 18 Apr 08, 11:46 ET NewsFactor - As part of its effort to recast itself as an innovative retailer, AT is putting its cell-phone business on the table -- Microsoft's Surface table, to be exact. more Oil prices cross 116 dollars a barrel in New York 18 Apr 08, 11:46 ET AFP - Crude oil prices crossed 116 dollars a barrel here for the first time Friday after a pipeline attack in Nigeria, Africa's biggest oil producer. more Spain announces 18-billion-euro economic stimulus plan 18 Apr 08, 11:27 ET AFP - Spain's newly re-elected government Friday announced an 18-billion-euro plan to revive the economy, which is suffering a slowdown after a decade-long boom that was the envy of the rest of Europe. more The Wal-Mart Sisterhood 18 Apr 08, 11:25 ET BusinessWeek Online - It's a sunny morning in early April, and as she does every week, Lisa Lobb has driven 15 miles to load up on groceries at the Wal-Mart Supercenter outside of Bethlehem, Pa. Sure, there are plenty of stores closer to home, but with rising gas and food costs gobbling up ever more of her budget, the 36-year-old mother of four makes the drive for Wal-Mart (NYSE:WMT - News; NYSE:WMT - News) Stores' low prices.$tx more Societe Generale shakeup gets thumbs-up from investors 18 Apr 08, 11:14 ET AFP - Investors welcomed top-level changes at Societe Generale on Friday, with bank shares climbing after a new chief executive was appointed following a massive rogue trading scandal. more AT&T to cut about 4,600 jobs, sees $374 million 1Q charge 18 Apr 08, 10:22 ET AP - AT Inc. on Friday said it plans to cut about 4,600 jobs, or 1.5 percent of its work force, to shift resources to growing parts of its business. more Talbots affirms outlook; sees sufficient funding 18 Apr 08, 10:19 ET Reuters - Talbots Inc affirmed its 2008 outlook on Friday and said meeting that goal would give it sufficient funding to continue turning around its business. more AT&T to axe 4,600 jobs 18 Apr 08, 10:11 ET Reuters - AT Inc said on Friday it would cut its work force by 1.5 percent, or 4,600 jobs, primarily affecting management-level employees, resulting in a first-quarter pre-tax charge of $374 million. more RBS seeks cash amid credit crunch, ABN takeover: report 18 Apr 08, 09:07 ET AFP - The Royal Bank of Scotland was set to ask shareholders for a massive cash boost after being hit by subprime-linked losses and surging costs related to its ABN Amro takeover, reports said Friday. more Schlumberger profit up but misses Street 18 Apr 08, 08:12 ET Reuters - Schlumberger Ltd , the world's largest oilfield services company, on Friday posted a first-quarter profit that fell short of expectations due partly to weather disruptions and lower income in its seismic business, sending shares down about 2 percent in pre-market trading. more European stocks jump after Citigroup earnings 18 Apr 08, 08:11 ET AFP - European stocks rallied Friday with banks in the spotlight as traders digested quarterly results from US banking giant Citigroup amid hopes that the worst of the global credit crunch could be over. more Hide the Doritos! Here Comes HR 18 Apr 08, 08:08 ET BusinessWeek Online - The lawyers at the boutique law firm Littler Mendelson have always liked their carbs. For years the firm's sumptuous San Francisco headquarters overflowed with endless trays of Krispy Kremes, gooey sweet rolls, and gigantic muffins. Then one day the attorneys showed up for a firm breakfast and found...hard-boiled eggs, yogurt, mini quiches, cottage cheese, and fresh fruit. "Where's the donuts?" ranted the associates. more It's Spring. Ready to Buy a Home Yet? 18 Apr 08, 08:08 ET BusinessWeek Online - The spring home-buying season is upon us. In small towns and big cities alike, "Open House" and "For Sale" signs are sprouting like crocuses. But it will take more than pleasant weather to thaw the ice-cold real estate market. more Wall Street heads to higher open as investors digest Citi 18 Apr 08, 08:06 ET AP - Wall Street tilted to a higher opening Friday, with investors relieved that there were no shocks as Citigroup Inc. reported first-quarter results. more Honeywell Int'l 1Q profit rises on increased revenue 18 Apr 08, 07:50 ET AP - Diversified manufacturer Honeywell International Inc. on Friday reported that first-quarter profit rose 22 percent on higher sales, and contracts from Embraer, Gulfstream and Airbus. more Caterpillar net strong on international sales 18 Apr 08, 07:43 ET Reuters - Caterpillar Inc Friday reported stronger-than-expected quarterly profit on Friday as strong international sales offset weakness in the residential construction and on-highway truck markets in North America. more Xerox posts loss on litigation charge 18 Apr 08, 07:34 ET Reuters - Xerox Corp , the leading provider of digital printers and document management services, on Friday posted a first-quarter loss as a $491 million litigation charge overshadowed solid sales growth. more Citigroup posts $5.1 billion loss due to hefty write-downs 18 Apr 08, 07:26 ET AP - Citigroup Inc. said Friday it lost $5.1 billion during the first quarter as poor bets on mortgages and leveraged loans lopped billions of dollars from its investment portfolio. more Citigroup posts $5.11 billion loss 18 Apr 08, 07:15 ET Reuters - Citigroup Inc, the largest U.S. bank, on Friday posted its second straight quarterly loss, hurt by more than $15 billion in write-downs and increased reserves for credit losses. more Executives see credit and housing as big threats 18 Apr 08, 07:09 ET AP - Turmoil in credit and housing markets will be the most significant threat to growth this year, according to a survey of top financial company executives released Friday. more Citigroup results send stock futures higher 18 Apr 08, 07:05 ET Reuters - Index futures were firmly higher on Friday after shares of Citigroup Inc rose before the opening bell following the release of its quarterly results. more A billion dollars not enough for Russian rich list 18 Apr 08, 06:44 ET Reuters - One billion dollars is no longer enough to gain entry to Russia's rich list. more Oil prices slip 18 Apr 08, 06:28 ET AP - Oil prices slipped below $115 a barrel Friday amid thin trading volumes as the U.S. dollar held its ground against the euro. more Wilbur Ross plans to raise $4 billion to buy banks: report 18 Apr 08, 05:30 ET Reuters - Billionaire investor Wilbur Ross is looking to raise $4 billion to buy troubled banks and is hoping investors in the Middle East will join him, according to a report on Fox Business News. more China Eastern Airlines' shares sink on fine 18 Apr 08, 05:18 ET AP - China Eastern Airlines saw its share price sink 6.8 percent early Friday after the Civil Aviation Administration announced it was fining the company for an incident in which its pilots intentionally disrupted flights, inconveniencing hundreds of passengers. more Teens turn to thrift as jobs vanish and prices rise 18 Apr 08, 05:08 ET AP - The souring job market and rising costs of the usual teenage indulgences - a slice of pizza, a drive to the mall, the hottest new jeans - are causing teens to do something they rarely do: be thrifty. more Merrill Lynch posts steep first-quarter loss on write-downs 18 Apr 08, 04:54 ET AP - Merrill Lynch & Co., the world's largest brokerage, on Thursday said it would cut another 3,000 jobs after more than $6.5 billion of fresh write-downs pushed it to a loss for the first quarter. more Rhimba Fitness - Dance Exercise DVD Released 18 Apr 08, 03:01 ET PRWeb - Rhimba, Inc. is a new fitness company that has combined dance, fitness and music from around the world. Rhimba has just recently launched their new website http://www.rhimba.com. Their dance exercise DVD is approximately 54 minutes long total of which the workout is approximately 40 minutes long. more RBS planning rights issue next week: source 18 Apr 08, 03:00 ET Reuters - Royal Bank of Scotland is set to announce a rights issue next week, an industry source said, in a move which analysts believe could raise 9 billion pounds ($18 billion) and lead to similar action by other banks. more France Telecom to finance TeliaSonera in cash, debt 18 Apr 08, 02:39 ET Reuters - France Telecom on Friday said it was in exploratory talks to acquire Nordic operator TeliaSonera but stressed negotiations had not started yet and it had not given itself a deadline. more

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