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Price Dispute Delays NBC Deal
GE and Vivendi remain hundreds of millions of dollars apart as they try to agree on a price tag for the sale of a minority stake in NBC Universal.
MAN SE CEO Resigns
Hakan Samuelsson, chief executive of the German truck maker since 2005, has resigned with immediate effect.
Gulf Air Launches New Strategy
Bahrain's national carrier hopes to save almost $3 billion over five years as the struggling airline restructures to compete in the Gulf region's increasingly cutthroat aviation market.
Tyson Expects Prices to Rise
Tyson posted a $455 million loss on a write-down. The meat processor expects U.S. beef and pork prices to rise next year as the weakening dollar spurs the company to shift output toward exports.
Vivendi to Buy Canal Plus Stake
French private broadcaster Television Francaise 1 said it has agreed to sell its 9.9% stake in Canal Plus France to Vivendi for $1.12 billion.
People's United to Acquire Financial Federal
People's United Financial agreed to acquire Financial Federal in a deal valued at $718.5 million, increasing its presence in the equipment-finance sector.
Tech Data Sees Improving Outlook
Tech Data said it sees signs of improving technology spending as the technology distributor reported an 8% drop in quarterly sales from a year ago but an increase from the second quarter.
GM Wants State Help for Opel Restructuring
GM wants European Union governments to help provide $4.9 billion for its Opel unit, but will restructure the auto maker without state help if needed, GM's President of International Operations Nick Reilly said.
Campbell Soup Net Rises 17%
Campbell Soup's earnings rose 17% as margins improved. The company raised its forecast and said soup sales began rising as the quarter closed.
Big Paydays for Lehman, Bear
Top executives at Bear Stearns and Lehman cashed out nearly $2.5 billion from 2000 through 2008 even as the value of shares they held plummeted, according to a study.
Peet's Coffee Raises Offer for Diedrich
Peet's raised its offer for Diedrich Coffee to $32 a share in cash and stock, or $265 million, after rival Green Mountain Coffee Roasters proposed buying the company for $30 a share.
China Banks Warned on Capital
China's banking regulator told banks to comply with capital requirements or face sanctions, the latest signal that Beijing is worried about possible risks in the financial system.
Ciena Buys Nortel Assets
Ciena agreed to acquire a division owned by Nortel that develops networking gear used to transmit data and voice traffic within and between cities, for a total of $769 million.
Lloyds Raises $14.03 Billion
The U.K. bank said it had raised the maximum $14.03 billion of contingent core Tier 1 and core Tier 1 capital through its non-U.S. bond exchange offer, and said the U.S. exchange offer is already heavily over-subscribed.
'New Moon' Shines, But Can't Overtake 'Dark Knight'
The vampire and werewolf movie "The Twilight Saga: New Moon" posted the biggest opening of the year, taking in $140.7 million in North America -- but fell short of the all-time crown.
J.P. Morgan Appoints China Chief
J.P. Morgan said it has appointed Linklaters LLP's Asia managing partner Zili Shao as its new China chairman and chief executive.
Mobile Entertainment Is Hit in India
In the furthest reaches of India's rural heartland, the cellphone is bringing something that television, radio and even newspapers couldn't deliver: Instant access to music, information, entertainment, news and even worship.
CF Makes Revised Offer for Terra
Fertilizer maker CF Industries proposed a merger deal to allow rival Terra to seek other offers as the companies' buyout battle continues.
Recovering Demand Boosts LDK Solar
LDK Solar posted a surprise profit for the third quarter amid growing demand for solar-energy products in recent months, as the Chinese maker of solar wafers and modules broke a string of three consecutive quarterly losses.
Q&A: Humana CEO on Health Reform
The CEO of Humana talks about the need for health-care reform, his doubts about the proposals headed for Senate debate and how his company tries to evolve ahead of legislative changes.