Retailers in focus as earnings season wraps up
U.S. retailers are poised to defy gloom this week as earnings expectations have improved, but the big test will be what they say about holiday shopping. Read Full Article here.
Stock futures rise after G20 pledges continuous aid
U.S. stock index futures rose on Monday as investors took comfort from a pledge by the Group of 20 to keep economic stimulus in place until a recovery was reassured. Read Full Article here.
Advanta files for bankruptcy protection
Advanta Corp , a small business credit card lender in the United States, said on Sunday it filed for bankruptcy protection after the economic crisis over the last two years devastated its small business customers. Read Full Article here.
GE, Comcast agree on NBC Universal valuation: source
General Electric Co. and Comcast Corp have agreed on a valuation of around $30 billion for a joint venture between NBC Universal and Comcast, ironing out what has been a key obstacle in talks so far, a source familiar with the matter said on Sunday. Read Full Article here.
Cadbury awaits Kraft bid deadline
Cadbury's shares edged up in early trade on Monday as the clock ticked toward a 1700 GMT (12 noon EST) deadline for Kraft Foods to either make a formal takeover bid for the British confectionery group or walk away. Read Full Article here.