Merrill, Lewis' 'crown jewel,' begins to shine
Merrill Lynch & Co's brokerage, the crown jewel that lured Bank of America Corp's chief executive into a takeover that ultimately cost him his job, is showing signs of a revival. Read Full Article here.
Sagging consumer view tempers output optimism
U.S. consumer sentiment fell unexpectedly this month, tempering optimism inspired by news of a rise in U.S. industrial production in September for a third consecutive month. Read Full Article here.
GE earnings trip up Wall Street rally
General Electric Co helped to pull the plug on Wall Street's recovery rally on Friday, reporting sales that missed expectations and cautioning that recovery from the brutal recession would be gradual. Read Full Article here.
Mattel cites hope for a better holiday, shares rise
Mattel Inc expects its top toys to be popular for the holidays and said it sees some hope among its retail partners for improved sales, sending its shares up nearly 5 percent. Read Full Article here.
Nokia installs new leaders at struggling phone unit
Top mobile phone maker Nokia Oyj installed new leaders at its struggling cellphone business on Friday, bringing in a manager from rival Apple, a day after posting its first quarterly net loss. Read Full Article here.
Lloyds, ING shed assets in face of EU reviews
Two major European banks shed assets for little return on Friday, trading revenue for a chance to get unwanted properties off their books as they contend with pressure to bolster balance sheets and restructure. Read Full Article here.
Kraft in talks to sell coffee to Sara Lee - report
Kraft Foods Inc is in talks to sell its Maxwell House coffee business to Sara Lee Corp in a move that would give it more money to increase its bid for Cadbury Plc, the New York Post reported on Friday, citing one source. Read Full Article here.