Retail outlook said worst since early 1990s

July 31, 2008 on 11:51 pm | In Business News | No Comments

LONDON (Reuters) - The next 12 months are likely to be the slowest period for Britain’s retailers since the early 1990s, researchers Experian said on Friday.

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Retail outlook said worst since early 1990s

U.S. economy fears plague stocks but buoy bonds

July 31, 2008 on 11:13 pm | In Business News | No Comments

HONG KONG (Reuters) - Asian investors balked at ugly U.S. economic data and a grim outlook for Japanese banks, causing stocks to sag and safe-haven bonds to perk up on Friday, …

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U.S. economy fears plague stocks but buoy bonds

Outcry expected at Yahoo meeting

July 31, 2008 on 9:35 pm | In Business News | No Comments

SAN FRANCISCO (Reuters) - Yahoo’s annual investor meeting on Friday will be a magnet for discontent over the company’s failure to reach a merger deal with Microsoft and complaints about the company’s past performance.

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Outcry expected at Yahoo meeting

GFI Group 2nd-qtr profit jumps

July 31, 2008 on 7:42 pm | In Business News | No Comments

(Reuters) - Inter-dealer broker GFI Group , which earlier confirmed that it was in merger talks with rival Tullett Prebon , said quarterly profit rose 24 percent, helped by higher brokerage revenue.

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GFI Group 2nd-qtr profit jumps

Biogen and Elan report Tysabri brain disease cases

July 31, 2008 on 7:15 pm | In Business News | No Comments

LOS ANGELES/NEW YORK (Reuters) - Biogen Idec and Elan have notified regulators of two new cases of a potentially deadly brain disease in multiple sclerosis (MS) patients being treated with Tysabri.

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Biogen and Elan report Tysabri brain disease cases

Retail outlook worst since early 1990s

July 31, 2008 on 7:04 pm | In Business News | No Comments

LONDON (Reuters) - The next 12 months are likely to be the slowest period for retailers since the early 1990s, researchers Experian said on Friday.

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Retail outlook worst since early 1990s

Bristol offers to buy ImClone

July 31, 2008 on 6:55 pm | In Business News | No Comments

NEW YORK (Reuters) - Bristol-Myers Squibb has offered to buy ImClone Systems Inc for $60 a share, valuing its biotech partner at $5.2 billion (2.6 billion pounds) in a deal to strengthen its grip on the fast-growing Erbitux cancer drug.

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Bristol offers to buy ImClone

Oil company profits soar

July 31, 2008 on 6:17 pm | In Business News | No Comments

LONDON/NEW YORK (Reuters) - Exxon Mobil broke its own record for the highest-ever quarterly profit for a U.S. company on Thursday, joining other major oil companies in posting stronger earnings on the back of …

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Oil company profits soar

Bristol offers to buy ImClone for $60 a share

July 31, 2008 on 6:03 pm | In Business News | No Comments

NEW YORK (Reuters) - Bristol-Myers Squibb Co has offered to buy ImClone Systems Inc for $60 a share, valuing its biotech partner at $5.2 billion (2.6 billion pounds) in a deal to strengthen its grip on the fast-growing Erbitux cancer drug.

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Bristol offers to buy ImClone for $60 a share

British hedge fund invests in WaMu and Sovereign

July 31, 2008 on 4:57 pm | In Business News | No Comments

NEW YORK (Reuters) - An activist British hedge fund has taken a 6 percent stake in Washington Mutual as the largest U.S. savings and loan tries to rebound from billions of dollars of mortgage-related losses.

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British hedge fund invests in WaMu and Sovereign

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