COMPANIES

Implant Sciences Corp. (AMEX: IMX) announced on Thursday that it received a purchase order for 30 handheld explosives detectors from an undisclosed customer in Asia.

General Motors (NYSE: GM) opened an in-house rollover research crash test facility on Tuesday to study ways to reduce injuries and deaths in rollover crashes.

Toll Brothers Inc. (NYSE: TOL) released its fourth quarter earnings on Tuesday, with management expressing optimism about the future despite reporting a much lower net profit and slightly lower revenue for the quarter.

BridgeStone Americas Holding Inc. announced on Tuesday that it would acquire Bandag Inc. (BDGA, NYSE) for approximately $1.05 billion.

Attracting and retaining staff is the number one business challenge facing every businesses according to a new survey.

Ford Motor Co. (F, NYSE) said on Friday that U.S. auto sales fell by 9.7 percent for the current quarter compared to a year ago. The company also lowered its North American production estimate by 2.5 percent.

Wal-Mart's website was the most visited among all retailers on Thanksgiving Day, according to research released Monday.

Mattel Inc. (MAT) voluntarily recalled 4.4 million Polly Pocket Play Sets on Tuesday after three children swallowed tiny magnets from the toys and required surgery.

As U.S. shoppers gear up for the Black Friday post-Thanksgiving shopping spree, retailers have been rushing to draw attention to promotions and aggressive price cuts.

Yahoo! Inc. (YHOO) announced on Monday that it has formed an advertising distribution alliance with seven companies representing more than 150 newspapers across the United States.

The London Stock Exchange (LSE) board unanimously rejected a $5.1 billion buyout bid by the Nasdaq (NADQ) exchange on Monday. LSE rejected the offer, saying it fails to recognise the value of the exchange. Nasdaq failed in an earlier attempt this year to take over the company.

Norwegian Statoil (STO) opened up its first exploration well on land in the Sahara Desert in Algeria, the company said on Thursday.

An inclusive relationship with Turkey can help Europe mitigate global risks posed by energy security and demographics, a new report said on Monday.

Perrigo Co.'s (PRGO) announcement last week recalling around 11 million bottles of Acetaminophen 500 mg caplets affected over 130 retailers nationwide, however the generic drug maker won't face a large hit on its earnings for the next quarter.

Russian officials threatened to sue global petrochemical giant Royal Dutch Shell for billions of dollars on Saturday over allegations of environmental violations at the Sakhalin-2 oil and gas development project.

Two billionaire businessmen from Southern California submitted a joint bid on Wednesday to buy the Tribune Co. (TRB), according to reports.

FedEx became the first company to cancel an order placed with Airbus for the A380 super-jumbo jet on Tuesday, due in part to two-year production delays by the aircraft manufacturer. In addition, the company turned to rival Boeing to order 15 new 777 freighter aircraft with a $3.5 billion list price.

Emerson Electric Co. (EMR) announced on Tuesday that its net profit for the third quarter rose on Tuesday, allowing it to increase dividend payments to shareholders.

OSI Restaurant Partners Inc., which owns Outback Steakhouse announced Monday that it had a buyout deal with a private consortium.

The Four Seasons Hotel announced today that it has been approached by a consortium of investors to take the company private.

Abbott Laboratories announced on Monday that it will purchase Kos Pharmaceuticals Inc., to strengthen its presence in the lucrative cholesterol treatment market.

DaimlerChrysler said its U.S. Chrysler division is “not-for-sale,” after the company released a poor third-quarter earnings report results which indicated a 51 percent drop in operating profit. Analysts went on to speculate that Chrysler could by up for sale.

Telecommunications giant AT&T Inc. said Friday it concluded its $300 million purchase of USinternetworking Inc., a high tech firm that re-established its business after filing for bankruptcy in early 2002.

EADS co-chief executive Thomas Enders said he is convinced of the success of the Airbus A380 super jumbo program, regardless of recent production difficulties the airline has experienced.

DuPont Co., the third-largest chemical maker in the US, says that one of its new worker health studies suggests that a chemical in Teflon used to make nonstick products is not carcinogenic.

Shares of financial services companies fell slightly on Tuesday during noon trading following the release of third quarter earnings reports.

Nokia completed the acquisition of Loudeye Corp., a digital media distribution services company, the mobile giant said on Monday.

The CEO of Canada's national Stock exchange, the TSX Group Inc will be traveling to Brazil this week to meet issuers who want to issue their shares on the Toronto Stock Exchange and TSX Venture Exchange.

Embattled biotechnology firm ImClone Systems Inc., urged its shareholders once again on Friday to reject a proposal by billionaire financier, Carl Icahn, who wants to remove four board members following the resignation of two others earlier this week.