This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

BC-Business News Digest

AP photos.

RETAIL/CONSUMER:

HOSTESS-BANKRUPTCY

NEW YORK â¿¿ Hostess Brands Inc. says it's in talks with more than 100 parties interested in buying its brands, which include Twinkies, Ding Dongs and Ho Hos. Those interested parties now include at least five national retailers such as supermarkets, a banker for the company says in bankruptcy court. By Food Industry Writer Candice Choi.

EARNS-KROGER

NEW YORK â¿¿ Kroger Co. is raising its earnings outlook for the year after the nation's largest traditional supermarket chain reported a third-quarter profit that topped Wall Street expectations. By Food Industry Writer Candace Choi.

â¿¿ EARNS-TIFFANY â¿¿ Tiffany's third-quarter net income falls 30 percent as costs for precious metal and diamonds rise while the economy remains weak. The luxury jewelry seller cut its profit forecast for the year.

â¿¿ EARNS-BARNES & NOBLE â¿¿ Barnes & Noble reports a profit for its fiscal second-quarter as higher revenue from its Nook e-book and e-bookstore division offset a decline at retail stores.

â¿¿ DUKE-PROGRESS MERGER â¿¿ Duke Energy CEO Jim Rogers will step down as head of the largest U.S. electric utility as part of a settlement with the North Carolina utilities regulator.

â¿¿ PORT STRIKE â¿¿ A strike at the ports of Los Angeles and Long Beach has shut down most of the terminals at the nation's busiest port complex.

INDUSTRY:

FRANCE-CONCORDE CRASH

VERSAILLES, France â¿¿ A French appeals court overturned manslaughter convictions against Continental Airlines and a mechanic for the July 2000 crash of an Air France Concorde that killed 113 people, ruling that their mistakes did not make them legally responsible for the deaths. The crash hastened the end for the already-faltering supersonic Concorde, synonymous with high-tech luxury but a commercial failure, scrapped in 2003. By Greg Keller.

AP photos.

With:

â¿¿ FRANCE-CONCORDE CRASH-TIMELINE â¿¿ Key moments in the history of the Concorde.

5 of 8

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs