IBT Staff Reporter

Shares of printing-equipment maker Duoyuan Printing Inc fell in their market debut on Friday after pricing at the low end of expectations.

Dollar General is set to go public next week, but the discount retailer could see mixed results in its closely watched initial public offering as its private equity backers have valued the company richly.

Telefonica's decision to sweeten its offer for Brazilian telecom rival GVT dealt a major blow to Vivendi's plans to acquire the carrier, sources close to the transaction told Reuters on Friday, suggesting the French media giant may walk away from the deal.

Computer maker Sun Microsystems Inc suffered a 25 percent fall in quarterly revenue, as uncertainty over its delayed sale to Oracle Corp hurt its business.

Motorola and Verizon on Friday launched the long-awaited Droid, the first device using version 2.0 of Google's Android operating system, but the device won't be an iPhone killer to Apple, analyst said.

The Obama administration would be willing to hold bilateral talks with North Korea but only if certain conditions were met, the president's top adviser on Asia said on Friday.

Freddie Mac , the second largest provider of U.S. residential mortgage funding, on Friday posted a loss of $5 billion in the third quarter and predicted it would need more government support amid a prolonged deterioration in housing.

U.S. President Barack Obama on Friday listed a range of fresh options being considered by the White House to spur growth after sobering news that unemployment spiked to a 26 1/2-year peak last month.

Warren Buffett's Berkshire Hathaway Inc on Friday said quarterly earnings tripled, as rising stock markets boosted its investment holdings and a quiet hurricane season contributed to higher insurance profit.

Arab and Muslim Americans on Friday braced for the possibility of verbal or physical attacks after an Army psychiatrist of Arab descent allegedly killed 13 during a shooting rampage at a military base in Texas.

Climatic changes apparently cause the Danish weather to fluctuate from one extreme to the other. At this point, a very early summer has stabilized itself, creating ideal conditions for an ongoing renaissance of Copenhagen's old harbor and canals.

John C. Reilly and Mary-Louise Parker are in negotiations to join Bruce Willis in the thriller Red.

Forget the buzz over the next Twilight film or James Cameron's Avatar. The biggest entertainment hit of the holiday season may come on Tuesday, when Call of Duty: Modern Warfare 2 hits stores.

Warren Buffett's Berkshire Hathaway Inc on Friday said third quarter net income tripled, as rising stock markets boosted its investment holdings and a quiet hurricane season contributed to higher insurance profit.

Hordes of Yankees fans flooded to the Yankee Parade 2009 in New York City's downtown on Friday to take part of the team's 27th World Series Title celebration.

After much anticipation and buzz over it being the next iPhone Killer, Verizon officially launched its Motorola Droid in the US on Friday. The Droid, Motorola's most anticipated cellphone since the launch of the Razr in 2004, hit shelves at 2,000 Verizon Wireless stores around the nation today.

Harvard Business School is sending 28 percent of its 2009 graduating class onto careers in finance, a mildly bullish sign for the economy, said Ray Soifer, an independent bank consultant.

A top U.S. securities regulator said some funds may now view insider trading as a central tenet of their business models, rather than as a one-time opportunity for big rewards as sometimes happened in the 1980s.

Shares of Magna International Inc surged nearly 15 percent on Friday, a day after it posted a surprise quarterly profit and said it would focus on its core auto-parts business after the collapse of its deal to buy a stake in General Motors Co's Opel unit.

Traffic for the top three U.S. airlines slumped in October, but load factors for most of the nine largest carriers rose and the decline in unit revenue showed signs of slowing down.

U.S. lawmakers said on Friday they introduced a measure aimed at overhauling an annual fund intended to ensure nationwide telephone service in high-cost, rural areas by including money for high-speed Internet use.

Halliburton Co has won a broad five-year oilfield service contract from Saudi Aramco to develop wells in the world's largest oil field, South Ghawar, the company said on Friday.

AIG, the giant insurer bailed out by the U.S. government, posted its second straight quarterly profit, helped by recovery in the value of its investments, but its underlying business remained weak and its shares fell.

The U.S. jobless rate unexpectedly jumped to 10.2 percent last month, a 26-1/2-year high, adding to pressure on the Obama administration to do more to tackle unemployment even as signs of recovery mount.

U.S. President Barack Obama will seek to reinforce the U.S. desire for more balanced global growth during his trip to Asia this month, administration officials said on Friday.

R&B singer Rihanna broke her silence on Friday about the night her ex-boyfriend Chris Brown attacked her, saying he had bitten her, put her in a headlock and left her bleeding and swollen.

The Michael Jackson concert film This Is It has crossed the $100 million mark at international box offices as it enters its second weekend in theaters, the studio behind the movie said on Friday.

U.S. stocks rose 3 percent for the week after ending Friday's session slightly higher, shrugging off government data showing the unemployment rate hit 10.2 percent -- the highest in 26-1/2 years.

Senator Bernie Sanders on Friday introduced legislation that would make the U.S. Treasury Department identify and break up financial institutions that are too big to fail.