IBT Staff Reporter

119461-119490 (out of 154943)

ConAgra raises 2010 profit view

ConAgra Foods Inc posted quarterly profit that beat analysts' estimates and raised its earnings forecast for the full year as commodity costs eased and price increases helped lift sales.

Want to run a faster marathon? Start walking

The hardest thing about my running of this year's London marathon was not hitting the wall after 20 miles but having to endure the encouragement of fellow runners and supporters when I started walking after one.

Spain Opel workers protest Magna: media

Thousands of people marched through the streets of Zaragoza north east Spain on Saturday to protest Canada's Magna's (MGa.TO) acquisition of 55 percent of General Motors' Opel, Spanish media reported.

Unemployed Home Owners May Get Assistance

The Obama administration has opened a dialogue with major lenders, economists, and government officials over the possibility of extending a financial lifeline to home owners who no longer can afford their mortgages because of job losses.

Electric carmaker Tesla, former CEO settle lawsuit

Electric car manufacturer Tesla Motors and a former executive have settled a legal dispute that stemmed from the company's early struggles to launch a battery-powered sports car, the company said on Monday.

Magna CEO says aims to appease VW on Opel deal

Canadian auto supplier Magna International (MGa.TO) said it plans to hold talks to appease Volkswagen (VOWG.DE), which has threatened to pull business from Magna if it goes through with an investment in Opel.

Canada commercial lending risk below U.S.- PayNet

Canada's commercial lending industry is healthier than its U.S. counterpart, with fewer borrowers behind on payments and other signs an economic recovery is under way, according to a survey by PayNet Inc.

Wall Street to open up as commods rise on weak dollar

U.S. stock index futures pointed to a higher open for Wall Street on Tuesday as the U.S. dollar hit a 1-year low against the euro ahead of the start of a Federal Reserve policy meeting, boosting oil and metals prices.

Killers, Yorke on New Moon soundtrack

The soundtrack for New Moon -- the second movie installment of the Twilight vampire series -- will feature songs by the likes of Radiohead frontman Thom Yorke and the Killers.

Jackson movie to get mass worldwide premiere

The Michael Jackson movie This Is It -- based on footage from concert rehearsals before his death in June -- will have simultaneous premieres in more than 15 cities around the world next month, the studio behind the film said on Monday.

PG&E Calif. Diablo 1 reactor starts to exit outage

PG&E Corp's 1,122-megawatt Unit 1 at the Diablo Canyon nuclear power plant in California started to exit an outage and ramped up to 8 percent power by early Tuesday, the U.S. Nuclear Regulatory Commission said in a report.

GE CEO to test new management model in India

General Electric Co plans to test a new management model in India that the largest U.S. conglomerate believes will help it flourish through a long period of sluggish post-recession growth in developed markets.

Lowe's backs fiscal-year view, might incur charges

No. 2 U.S. home improvement chain Lowe's Cos Inc backed its outlook on Tuesday for the year ending Jan. 29, but said it might have to recognize impairment charges related to operating stores in the second half of the period.

Harbinger sells 5 mln New York Times shares

Hedge fund Harbinger Capital Partners said in a regulatory filing it had sold about 5 million shares in New York Times Co at $8.25 apiece on Sept. 17, to reduce its stake to 16.38 percent from 19.94 percent.

Credit Suisse says take profits from Dell; add HP

Credit Suisse downgraded Dell Inc to neutral raising concerns over the company's acquisition strategy, and recommended investors take profits from Dell stock but add positions in Hewlett-Packard Co, Apple Inc and EMC Corp.

FOREX-Dollar hits 1-year low vs euro before Fed, G20

The euro hit a one-year high against a sliding dollar on Tuesday as dealers resumed selling the U.S. currency following its rise the previous day, while markets awaited a Federal Reserve policy decision and Group of 20 summit later in the week.

White House targets insurers over healthcare premiums

The White House kept insurance companies squarely in its sights on Tuesday in the push for healthcare reform by releasing research showing that health insurance premiums have risen far faster than inflation in every U.S. state.

Big holder cuts Citi Stake

Singapore's largest sovereign wealth fund GIC said on Tuesday it had halved its stake in Citigroup to below 5 percent, making a profit of $1.6 billion as global equity markets rebound.

GIC trims Citi stake to below 5 percent

Singapore's largest sovereign wealth fund GIC said on Tuesday it had halved its stake in Citigroup to below 5 percent, making a profit of $1.6 billion as global equity markets rebound.

Ford to announce 3rd China car plant: source

Ford Motor Co and its Chinese partner will announce plans on Friday for their third car manufacturing plant in China, where sales may soon outpace its existing capacity, an industry source said on Tuesday.

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