Huntsman to Increase Prices on All Products
NEW YORK (Reuters) - U.S. chemical maker Huntsman Corp <HUN.N>, which is being bought by Apollo's Hexion unit, said on Thursday it will raise prices up to 25 percent and
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Archive May/2008
Banks May Be Understating Key Lending Rate: Report
NEW YORK (Reuters) - Major banks may have understated Libor, a crucial global interbank lending benchmark, masking weakness in the global financial system, according to a Wall Street Journal analysis.
Dodge Sees Market Share Gains With 2009 Ram Pickup
AUBURN HILLS, Michigan (Reuters) - Chrysler LLC <CBS.UL> said on Thursday that it expected to increase its share of the tough U.S. pickup truck market with the September launch of
U.S. Stocks Near "important Bottom": Fidelity’s Lange
BOSTON (Reuters) - U.S. stocks could be close to an "important bottom" as moves by the central bank and the government to spur the economy are likely to work, the
U.S. Approves Triarc’s Purchase of Wendy’s
WASHINGTON (Reuters) - U.S. antitrust authorities have given Arby's owner Triarc Cos Inc <TRY.N> antitrust approval to buy the Wendy's hamburger chain, the Federal Trade Commission said on Thursday.
Ex-Ernst Partner, Banker Accused of Insider Trades
NEW YORK (Reuters) - A former partner at Ernst & Young LLP <ERNY.UL> was charged with insider trading on Thursday, accused of tipping off a friend about pending deals involving
U.S. Crude Oil Stocks Sink Unexpectedly
NEW YORK (Reuters) - U.S. crude oil supplies sank unexpectedly last week as imports slid and demand from domestic refiners rose, a federal Energy Information Administration report on Thursday showed.
India, RIM Meet Again, No Details on BlackBerry
NEW DELHI (Reuters) - BlackBerry-maker Research In Motion <RIM.TO> <RIMM.O> met Indian officials on Thursday over the government's security concerns, two sources in the know of the matter said, but
Fred’s Posts First-quarter Results Above Street View
(Reuters) - Discount store operator Fred's Inc <FRED.O> reported first-quarter results above market expectations as its restructuring efforts to improve profitability bore fruit and reiterated its full-year outlook.
U.S. Consulting Firms See Gains From Economy’s Woes
BANGALORE (Reuters) - As the nearly year-old credit crisis threatens to send the U.S. economy into a recession, a group of small- and medium-sized consulting firms see opportunity in other