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Archive April/2008


Take-Two Shares Rise Amid Rave Reviews For GTA4

SAN FRANCISCO (Reuters) - Criminal action video game "Grand Theft Auto 4" won near-perfect praise in early reviews on Monday, boosting the shares of publisher Take-Two Interactive Software Inc <TTWO.O>

April 30th, 2008 | Categories: Investment

BlackRock CEO Fink Awarded $41.87 Million in 2007

WASHINGTON (Reuters) - BlackRock Inc <BLK.N> Chairman and Chief Executive Laurence Fink received $41.87 million in compensation in 2007, a 27 percent increase from the prior year, according to a

April 30th, 2008 | Categories: Investment

UAL, USAir in "very Advanced" Merger Talks: Sources

WASHINGTON (Reuters) - United Airlines, a unit of UAL Corp <UAUA.O> and US Airways Group Inc <LCC.N> are in "very advanced" merger talks, two sources with knowledge of the matter

April 30th, 2008 | Categories: Investment

Buffett Says Recession May Be Worse Than Feared

NEW YORK (Reuters) - Warren Buffett, the world's richest person, said on Monday the U.S. economy is in a recession that will be more severe than most people expect.

April 30th, 2008 | Categories: Investment

Morgan Stanley See Big Bank Woes Just Beginning

NEW YORK (Reuters) - Morgan Stanley <MS.N> analysts on Monday told clients to "sell the rally" in financial stocks, slashing forecasts for big bank earnings and warning that the current

April 30th, 2008 | Categories: Investment

Merrill Lynch Hires Montag to Head Global Trading

NEW YORK (Reuters) - Merrill Lynch & Co Inc <MER.N> said it hired Thomas Montag, former co-head of global securities trading at Goldman Sachs Group Inc <GS.N>, as Chief Executive

April 30th, 2008 | Categories: Investment

U.S. Slims Down After Bloated Credit: Pimco

NEW YORK (Reuters) - Consumers, banks and financial companies are "slimming down" after a bloated era of easy credit, but face an extended period of fixing their finances, Pacific Investment

April 30th, 2008 | Categories: Investment

RadioShack Profit Falls on Weak Sales

ATLANTA (Reuters) - Consumer electronics retailer RadioShack Corp <RSH.N> posted a lower first-quarter profit on Monday as sales fell and an increase in promotions hurt gross margin, sending its shares

April 30th, 2008 | Categories: Investment

Mars and Buffett Team Up to Buy Wrigley

CHICAGO (Reuters) - M&M's candy maker Mars Inc has teamed up with billionaire Warren Buffett to buy the No. 1 chewing gum manufacturer Wm Wrigley Jr Co <WWY.N> for $23

April 30th, 2008 | Categories: Investment

Humana Profit Rises 13 Percent

NEW YORK (Reuters) - Health insurer Humana Inc <HUM.N> said on Monday that first-quarter profit rose nearly 13 percent, beating dramatically reduced expectations, helped by its commercial plans for employers

April 30th, 2008 | Categories: Investment

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