IBT Staff Reporter

119251-119280 (out of 154954)

Dollar Tree sticks by 3rd qtr, year forecasts

Dollar Tree Inc's chief financial officer said on Wednesday that the retailer remains comfortable with the third-quarter and full-year sales and earnings forecasts it issued last month.

Hhgregg says to add 800 seasonal jobs

Regional appliance and electronics retailer hhgregg Inc said it will add 800 seasonal jobs at 117 of its stores to help cope with increased customer traffic during the holiday season.

Oil drops $3 on surprise U.S. stock build

Oil dropped 4 percent to below $69 a barrel on Wednesday after U.S. government oil inventory data showed a surprise jump in crude and products stocks, highlighting the fragile state of demand in the world's largest energy consumer.

Day late REIT IPOs seen halving issues

Two real estate investment trusts lowered the number of shares they expect to sell in initial public offerings on Wednesday to raise only half as much as they had been expected to.

Plutonic, GE unit commit to buy Canada wind farm

Plutonic Power Corp and a unit of General Electric Co said on Wednesday that they had committed to buying the Dokie Ridge wind project in western Canada after completing a due diligence investigation.

Nomura's Schiffman sees bumpy recover in Asia

While Asia's economy has recovered from the lows hit a year ago, a bumpy road is ahead, with companies needing to shed debt burdens and increase capital bases, according to Nomura's Asia Pacific investment banking head.

Cadbury CEO says past deals beat Kraft offer: note

Cadbury Chief Executive Todd Stitzer noted that past deals in the industry have been agreed at higher multiples than that implied by the offer from Kraft, according to a Bank of America/Merrill Lynch note obtained by Reuters.

RPT-Merck, Wyeth execs see Big Pharma survival edge

Large drug companies have inherent advantages -- including cash to conduct expensive drug studies and to assure survival when trials fail -- that will be increasingly important in coming years, senior executives of Wyeth and Merck and Co said on Tuesday.

JPMorgan ups offer for EcoSecurities

A JPMorgan Chase & Co vehicle on Wednesday increased its cash offer for London-listed carbon offset aggregator EcoSecurities, garnering further support from shareholders.

Possible outcomes of Copenhagen climate talks

The most anticipated climate meeting in years will be held in the Danish capital in December. Out of those talks a broader climate pact to replace the Kyoto Protocol is expected to emerge.

Experts say cancer wave threatens poorer nations

Cancer is a bigger killer in developing countries than tuberculosis, malaria and AIDS combined and a tsunami of the disease threatens to overwhelm the nations worst equipped to cope, experts said Tuesday.

SandRidge to buy bankrupt Crusader Energy

U.S. oil and gas exploration and production firm SandRidge Energy Inc has struck a deal to buy bankrupt rival, Crusader Energy Group, for $230 million, in a cash and stock deal that would give it additional acreage in the Anadarko and Permian basins.

Senate panel debates healthcare affordability

Democrats pushed on Tuesday to make insurance reforms more affordable for workers and Republicans decried what they called a rush to judgment, as a key Senate panel began debate on a sweeping healthcare overhaul.

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