CareFusion begins shipping ventilators to US CDC
Medical device company CareFusion Corp said on Monday it has begun shipping more than 3,900 ventilators to the U.S. Centers for Disease Control and Prevention for inclusion in its strategic national stockpile in preparation for the H1N1 swine flu pandemic.
Home Sales Ahead: Temporary Decline or New Downward Trend?
Will a decline in home sales in one of the most recent reports be a temporary dip in the U.S. real estate market or possibly a new downward trend with implications for the entire U.S. economy?
JA Solar's founder leaves company
JA Solar's founder has resigned as vice chairman of the board and will leave the company, the solar power player said on Monday, saying he will pursue other business interests.
Motorola rises ahead of next Android phone launch
Shares in Motorola Inc rose over 8 percent on Monday on investor anticipation that its second phone powered by Google Inc's Android system would be a hit at Verizon Wireless.
Earnings optimism lifts Wall Street
U.S. stocks rallied on Monday, extending a two-week run-up as better-than expected corporate earnings increased investors' optimism.
Verizon's Droid phone pokes fun at the iPhone
Verizon increased its bid to generate buzz over its Motorola Android-powered 'Droid' this weekend by rolling out an ad the questions the usefulness of Apple's iPhone.
SunPower shares rally on research upgrade
Shares of SunPower Corp rallied more than 6 percent on Monday as analysts upped their view of the company ahead of its quarterly results slated for this week.
Mothers turn to Web for product, medical advice-study
Companies trying to market products to mothers need to head onto the Internet with a survey showing the 21st century mother is online daily, using Facebook to connect to friends and Google to diagnose illnesses.
Cisco-Tandberg impact in spotlight as Polycom reports
Polycom Inc is expected to post strong third-quarter results, but investors will be more keen on gauging the impact of Cisco's planned acquisition of Tandberg on the U.S. videoconferencing company.
Wal-Mart Internet expansion set to succeed-Moody's
Wal-Mart Stores Inc's expansion into e-commerce will likely be successful as the company's aggressive price cuts and broad distribution capability may give Amazon.com Inc a run for its money, Moody's Investors Service said on Monday.
Hasbro gets Transformers boost, other brands weak
Hasbro Inc posted revenue that fell short of Wall Street expectations on Monday as weakness in brands like Monopoly and Strawberry Shortcake offset strong sales of boys' toys tied to the G.I. Joe and Transformers movies.
IBM veteran exec on leave after insider arrest
IBM placed senior executive Robert Moffat on leave of absence after he was arrested in the largest ever hedge fund insider-trading scheme.
Greenlight's Einhorn holds gold, says U.S. policies poor
Hedge-fund manager David Einhorn, who warned about Lehman Brothers' precarious finances before it collapsed, said on Monday he's betting on rising interest rates and holding gold as a hedge for what he described as unsound U.S. policies.
Players kick off World Cup anti-malaria fight
Footballers are teaming up with governments, companies and international health campaigners to push for action against malaria ahead of next year's World Cup finals in South Africa.
AmTrust to invest in JV to buy GMAC's P&C insurance arm
Anurag Kotoky and Matthias Williams
Bernanke calls for action on global imbalances
U.S. Federal Reserve Chairman Ben Bernanke warned on Monday that Asian export-promotion policies and large U.S. budget deficits could refuel global economic imbalances and put efforts to achieve more durable growth at risk if not curbed.
New flu can kill fast, researchers agree
The new H1N1 flu is strikingly different from seasonal influenza, killing much younger people than ordinary flu and often killing them very fast, World Health Organization officials said on Friday.
Dutch grocer Jumbo buys Super de Boer for $825 mln
Dutch supermarkets group Jumbo bought Super De Boer for 552.5 million euros ($825 million) on Monday, fighting off a rival bid to create a chain of stores that will pressure market leader Ahold.
Unspoken rules govern cell phone etiquette
It may not seem like it when commuters are shouting down their cell phones to the dismay of other passengers but most Americans believe there are unspoken rules about mobile phone etiquette.
Housing starts, permits seen rising in September
New construction of U.S. homes and permits for future building likely rose in September, supported by an improvement in sales and declining stocks of unsold properties, according to a Reuters survey.
Gannett profit sinks but beats estimates
Gannett Co Inc, the largest U.S. newspaper publisher, reported a lower quarterly profit and a 28 percent drop in publishing advertising revenue on Monday, but the results were better than expected and shares rose more than 8 percent.
Groups urge US to extend home purchase tax credit
Real estate and banking industry trade groups urged the Obama administration on Monday to press to extend and expand a tax credit for first-time home buyers that they said is instrumental to stabilizing the fragile housing market.
Eaton profit tops forecast, shares gain
Diversified manufacturer Eaton Corp posted a higher-than-expected quarterly profit on Monday, citing cost cuts, early signs of recovery in its markets and a boost from the weak U.S. dollar, sending shares up 5 percent.
Americans are working out cheaper, study shows
Economic hard times have Americans downsizing their workout equipment, trimming their workout budgets, and shifting their workout venues, according to a sporting goods industry survey.
More investors overweight equities: Citigroup
Investors are becoming increasingly confident in holding equities as U.S. markets continue to make new yearly highs heading into the final months of 2009, according to a client survey by Citigroup.
Earnings Preview: Expectations high for Apple earnings today
Expectations are high for Apple, set to report its fourth-quarter results Monday afternoon, as analysts believe the iPhone maker has shown few signs of being slowed down by the recession.
Earnings optimism, Caterpillar boost Wall St
U.S. stocks rose on Monday in a broad-based rally after corporate results fed growing optimism the accelerating earnings season will be strong.
Bernanke warns on export-led growth in Asia
U.S. Federal Reserve Chairman Ben Bernanke warned on Monday that pursuit of export-led growth by Asian nations could lead to a reemergence of global trade imbalances and undercut efforts to achieve more durable growth.
Antidepressant improves recovery from spine injury
A common antidepressant combined with an intensive treadmill training program helped people with partial spinal cord injuries walk better and faster, U.S. researchers said on Sunday.
Spotify to launch mobile offering with 3, HTC
Sweden's Spotify, the European digital music service, will be available to customers of British mobile operator 3 through a new HTC Hero phone, the three companies said on Monday.