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Time Names Bernanke Person of Year
Federal Reserve Chairman Ben Bernanke has been named Time magazine's 2009 person of the year.
07:56AM 12/16/09
Joy Global Net Rises 5%, Beats Estimates
The mining-equipment company said fiscal fourth-quarter earnings rose 5% from a year earlier.
07:29AM 12/16/09
Unilever Names Bristol-Myers' Huet as CFO
Unilever has named Bristol-Myers' Jean-Marc Huet as its next chief financial officer.
06:26AM 12/16/09
Citigroup: Abu Dhabi Claim 'Without Merit'
Citigroup said it would defend itself against a claim filed by the Abu Dhabi Investment Authority that seeks to either end an agreement to buy $7.5 billion worth of Citigroup stock or receive damages of more than $4 billion.
04:38AM 12/16/09
Cobalt International IPO Priced Below Range
Cobalt International Energy's 63 million shares were priced at $13.50 a share, below the range of $15 to $17 a share the company expected.
01:36AM 12/16/09
Credit Suisse Settles US Probe, Pay $536M
Credit Suisse said it is likely to pay $536 million to settle a U.S. government investigation that the bank had dealings with countries under U.S. economic sanctions.
01:02AM 12/16/09
Weyerhaeuser to Convert to REIT Structure
The timber company is likely to convert to a real estate investment trust in 2010.
07:26AM 12/15/09
Kraft to Remain 'Disciplined' in Cadbury Bid
Kraft Foods said Tuesday it will maintain a 'disciplined approach' in its pursuit of Cadbury and reiterated there is 'compelling strategic and financial rationale' to merge the two companies.
02:49AM 12/15/09
Bank of America Loses Top Choice for CEO
Bank of America's talks to hire Robert Kelly, chief of Bank of New York Mellon, as its next CEO, have collapsed.
12:30AM 12/15/09
Bulls Keep Faith Despite Stocks' Sideways Moves
By Joseph Woelfel | By Ty Wenger
Our sentiment survey finds investors remain bullish despite the recent sideways moves of stocks.
11:36AM 12/14/09
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