Altria Agrees To Buy UST TSC Staff 9/8/2008 7:35 AM EDT The transaction is valued at about $11.7 billion, which includes the assumption of about $1.3 billion of debt.
U.S. Stock Futures Leap Higher Mike Taylor 9/8/2008 7:08 AM EDT Premarket futures were indicating U.S. stocks would jump at the open Monday after the U.S. government said it would take over mortgage giants Fannie Mae and Freddie Mac.
Asia Closes Up On Fannie/Freddie Rescue TSC Staff 9/8/2008 5:06 AM EDT Japan's Nikkei 225 Stock Average closed 3.4% higher, while the Hang Seng index in Hong Kong rose 3.8%.
Oil Rises As Hurricane Ike Threatens U.S. TSC Staff 9/8/2008 4:10 AM EDT Oil prices rose more than $2 a barrel Monday in Asia on expectations that Hurricane Ike will hit the Gulf of Mexico.
Altria Agrees To Acquire UST: Report TSC Staff 9/8/2008 1:54 AM EDT The cigarette maker agrees to chewing tobacco company UST for $10.3 billion, according to a media report.
Asia Stocks Close Up On Fannie/Freddie Rescue TSC Staff 9/8/2008 12:49 AM EDT Japan's Nikkei 225 Stock Average closed 3.4% higher, while the Hang Seng index in Hong Kong rose 3.8%.
