NORWOOD, Mass. - Chipmaker Analog Devices Inc. said Monday its net income fell 27 percent in the fiscal fourth quarter, as demand declined for semiconductors in its industrial and communications business. More »
NORWOOD, Mass. - Chipmaker Analog Devices Inc. said Monday its net income fell 27 percent in the fiscal fourth quarter, as demand declined for semiconductors in its industrial and communications business. More »
HOUSTON - Defense contractor KBR said Monday the U.S. Air Force has asked it to bid for future task orders under the Worldwide Environmental Restoration and Construction program.
NEW YORK - Mortgage finance company Freddie Mac said Monday it could lose $500 million or more as a result of the bankruptcy protection filing of Taylor, Bean & Whitaker Mortgage Corp.
NEW YORK - Treasury prices recovered from early losses Monday as investors took advantage of a dip in prices to add more government debt to their portfolios.
Key barometers in the Treasury market late Monday, compared with late Friday.
NEW YORK - Consumers got more serious about paying down their credit card debt this summer, a time when deliquencies usually go up.
MCLEAN, Va. - Gladstone Commercial Corp., a real estate investment trust, said Monday it will create a new class of ownership by offering senior common shares in a private sale.
Among the earnings stories for Monday, Nov. 23, from AP Financial News:
GLEN ALLEN, Va. - Dynex Capital Inc., a mortgage real estate investment trust, said Monday its subsidiary, Issued Holdings Capital Corp., has bought Deutsche Bank's shares of a joint venture for $9.5 million in cash, giving Dynex 99.75 percent ownership.
Retail gasoline prices headed downward in most places to begin one of the country's busiest travel weeks, with more than 33 million people expected to hit the road for the Thanksgiving holiday.
NEW YORK - Perfume company Inter Parfums Inc. reported after the market closed Monday that profit rose in the third quarter, helped by trimmed expenses and a foreign currency gain.
AKRON, Ohio - An Ohio electric company has bought the rights to an abandoned limestone mine so it can pump the cavern full of compressed air and let it out to generate power during peak-use times.
EMERYVILLE, Calif. - Peet's Coffee & Tea Inc., hoping for a stake in the growing single-serve coffee brewing market, on Monday boosted its bid for a wholesale roaster and distributor by 24 percent.
HOUSTON - Oilfield services company Smith International Inc. said Monday it sold 28 million new shares of stock at $26.50 per share.
ST. PAUL, Minn. - The fate of Minnesota businessman Tom Petters is in the hands of a jury.
NEW YORK - Citigroup Inc. upgraded its 2010 economic growth forecasts for several countries on Monday, and said it expects a sustained but uneven global recovery next year.
SUNNYVALE, Calif. - Network security provider Fortinet Inc., which began public trading on Wednesday, said Monday it closed its initial public offering.
WASHINGTON - Figures on government spending and debt (last six digits are eliminated).
NEW YORK - The safe-haven dollar began the week lower as a Federal Reserve official urged the continuation of stimulus programs and as home sales in October greatly exceeded market expectations, revving up traders' taste for higher-yielding assets.
NEW YORK - Retailers are thinking beyond Cyber Monday _ a holiday marketing promotion many push for the Monday after Thanksgiving _ and trying to spin their discounts into into Cyber Weekends or even Cyber Weeks.
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