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Archive May/2008


UAL, US Air Not Pursuing Merger Right Now, CEOs Say

CHICAGO (Reuters) - UAL Corp <UAUA.O>, parent of United Airlines, and US Airways Group <LCC.N> have decided not to merge, the chief executives of the two carriers said on Friday

May 30th, 2008 | Categories: Investment

UAL Not Pursuing Merger at This Time, CEO Says

CHICAGO (Reuters) - UAL Corp <UAUA.O>, which had been in talks with US Airways Group <LCC.N>, will not pursue a merger at this time, UAL's Chief Executive said on Friday

May 30th, 2008 | Categories: Investment

New York City Economy Expands in May: NY-NAPM

NEW YORK (Reuters) - Business activity in New York City grew in May for the first time in four months, helped in part by easing worry over credit conditions, according

May 30th, 2008 | Categories: Investment

HP Exec Sees Printer Unit Sales Up 4-6 Percent This Year

DUESSELDORF, Germany (Reuters) - Hewlett-Packard <HPQ.N>, the world's biggest maker of PCs and printers, sees sales growth at its imaging and printing unit stable or slightly lower this year as

May 30th, 2008 | Categories: Investment

Dell Eyes Two-thirds of Sales From Outside U.S. in 5 Years

BEIJING (Reuters) - Dell Inc <DELL.O>, the world's No. 2 personal computer maker, said on Friday sales outside the United States were growing much faster than its home market and

May 30th, 2008 | Categories: Investment

U.S. Oil Probe Focusing on Price Manipulation: Report

NEW YORK (Reuters) - A U.S. regulatory probe into potential oil-market trading abuses is focusing on possible short-term manipulation of benchmark crude prices and the use of information related to

May 30th, 2008 | Categories: Investment

UAL Suspends US Airways Plans: WSJ

NEW YORK (Reuters) - United Airlines and US Airways <LCC.N> have suspended merger talks due to concerns about labor opposition and integration costs, while United draws closer to an alliance

May 30th, 2008 | Categories: Investment

IRS Probes Newell Rubbermaid, Cardinal: Report

NEW YORK (Reuters) - The U.S. Internal Revenue Service is investigating allegations that Dutch Rabobank Group engaged in a $450 million deal with Newell Rubbermaid Inc to help the Atlanta

May 30th, 2008 | Categories: Investment

Marvell Tops Wall St Targets, Shares Leap 17 Pct

SAN FRANCISCO (Reuters) - Microchip design company Marvell Technology Group Ltd <MRVL.O> on Thursday posted a better-than-expected quarterly profit thanks to cost cuts and strong sales of wireless products, and

May 30th, 2008 | Categories: Investment

Novell Posts 2nd-qtr Profit; Linux Sales Rise

BOSTON (Reuters) - Novell Inc <NOVL.O> turned a quarterly profit, versus a year-earlier loss, on lower expenses and a jump in sales of its Linux business software, it reported on

May 30th, 2008 | Categories: Investment

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