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DR Horton Posts Loss on Fewer Writedowns
The homebuilder narrowed its loss in the fourth quarter as it wrote down fewer costs. Closings fell 31% in the quarter.
07:37AM 11/20/09
Nokia to Cut 330 R&D Personnel
The maker of cellphones said it plans to eliminate about 330 employees in its research and development operations in Finland and Denmark.
06:21AM 11/20/09
Cloud Peak IPO Prices Below Range
Cloud Peak Energy's initial public offering of 30.6 million shares was priced at $15 a share, below the expected range of $16 to $18 a share.
02:15AM 11/20/09
Goldman Holders Call for Cut of Bonus Pool
Some of Goldman Sachs' largest shareholders are urging the firm to reduce its bonus pool, arguing it should pass along more of its earnings to investors, a report says.
01:25AM 11/20/09
GE, Vivendi Differ on Value of NBCU Stake
General Electric and Vivendi are at least $1 billion apart in their valuation of the French media company's stake in NBC Universal, a report says.
12:58AM 11/20/09
eBay Closes Sale of Skype for $2 Billion
eBay will retain a stake of 30% in Skype, the Internet phone service.
12:26AM 11/20/09
Suntech Tops Views, Ups Shipments Outlook
Suntech Power said third-quarter earnings fell 30% from a year earlier, but it raised its shipments outlook for solar modules.
07:33AM 11/19/09
Vivendi Says No Decision on NBCU Yet
Vivendi's chief financial officer said the French media and telecom company wants to exit NBC Universal but a decision hasn't been made for this year, a report says.
05:43AM 11/19/09
JPMorgan Reaches Deal for Cazenove
JPMorgan Chase plans to buy its joint venture partner and U.K. broker Cazenove for 1 billion pounds ($1.67 billion).
04:21AM 11/19/09
Chipmaker Infineon Swings to Profit
Infineon, the German chipmaker, said it swung to profit of 14 million euros ($21 million) in the fourth quarter from a year-earlier loss of 884 million euros as it reduced costs and demand improved.
03:20AM 11/19/09
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