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Fri, 20 Nov 2009 21:29:00 GMT

Another 2000 workers at Threshers and Wine Rack to lose their jobs

There will be further job losses at off-licence chains Threshers and Wine Rack after administrators failed to find buyers for 381 stores. By Amy Wilson Published: 8:21PM GMT 20 Nov 2009 First Quench Retailing, the owner of the stores, went into
Fri, 20 Nov 2009 21:29:00 GMT

Why Pharma Doesn't Twitter

Some 60% of Americans say that when they need medical information, they turn to the Internet. At least half the group uses social networks to consult one another on symptoms, diagnoses, and treatments, according to surveys on Web behavior. Pharmaceutical
Fri, 20 Nov 2009 21:20:00 GMT

Another 2,000 workers at Threshers and Wine Rack to lose their jobs

There will be further job losses at off-licence chains Threshers and Wine Rack after administrators failed to find buyers for 381 stores. First Quench Retailing, the owner of the stores, went into administration in October and 373 shops closed at the
Fri, 20 Nov 2009 21:04:00 GMT

Resort for super rich files bankruptcy

NEW YORK (Reuters) - Exclusive ski and golf community Yellowstone Club, in Montana, has filed for bankruptcy protection, a sign that the financial crisis roiling the real estate and leisure industries is not limited to the low end of the market. The
Fri, 20 Nov 2009 20:57:00 GMT

CME to launch Mars crude contracts in December

NEW YORK, Nov 20 (Reuters) - Commodities exchange operator CME Group (CME.O) said Friday it will launch physically deliverable U.S. Gulf sour crude contracts in early December, to offer new sour crude derivatives. In a release, CME said trading for the
Fri, 20 Nov 2009 20:44:00 GMT

U.N. climate chief says deal hinges on more ambition from rich

(SolveClimate) - The U.S. remains the only industrialized nation that has not committed itself to a greenhouse gas reduction target with Copenhagen climate talks just weeks away. Pressure is increasing on the U.S. to commit to a target, but the UN
Fri, 20 Nov 2009 20:37:00 GMT

Morgan Stanley Reaches Deal on Barclays Loan

Morgan Stanley is handing over Crescent Real Estate Equities to Barclays Capital, winning forgiveness of a $2 billion loan that financed its acquisition of the real estate business in 2007. Barclays Capital has formed a joint venture with Goff Capital to
Fri, 20 Nov 2009 20:08:00 GMT

Company debt sales top annual record already

Story Quotes Comments Screener AlertEmail Print By Deborah Levine BAHOG FO K NEW YORK (MarketWatch) -- With more than a month to go until 2009 ends, companies have already sold more debt this year than in any previous year, analysts at Bank of America
Fri, 20 Nov 2009 19:02:00 GMT

Western companies use rock music to tap into China's youth market

As China's youth excercise their new-found wealth and independence the battle for their custom is hotting up. By Peter Foster Published: 3:19PM GMT 20 Nov 2009 Engine of change: rock band The Wheels are example of a newly expressive youth in China It
Fri, 20 Nov 2009 19:00:00 GMT

Federation of Small Businesses throws lifeline to floodhit companies

British businesses which have been devastated by the recent floods and are members of the Federation of Small Businesses (FSB) can apply for interest-free loans of up to 5,000 to help them through the crisis. By Angela Monaghan and Jamie Dunkley
Fri, 20 Nov 2009 18:59:00 GMT

San Francisco Hotel Group Urges Unite Here Local 2 to Negotiate Throughout the Holidays to Reach New Contract Resolution Sam Singer, Singer Associates, Appointed for Hotel Council Communications

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Fri, 20 Nov 2009 18:33:00 GMT

Texas Jobless Rate up, but So Is Number of Jobs

Texas' unemployment rate inched up to 8.3 percent in October while the state bucked a yearlong trend by adding jobs, officials said Friday. The state's jobless rate rose from 8.2 percent in September, but the increase in jobs by 41,700 from a month ago
Fri, 20 Nov 2009 18:23:00 GMT

Brazil Offers Tax Incentives For Local Ford Unit To Expand

SAO PAULO -(Dow Jones)- Brazilian federal and state governments will offer tax incentives to the Brazilian unit of Ford Motor Co. (F) in a package designed to encourage investment in expansion of capacity, the governor of Bahia state said Friday in a
Fri, 20 Nov 2009 18:23:00 GMT

Porsche board okays merger contract with Volkswagen

FRANKFURT (Reuters) - The supervisory board of indebted automotive holding Porsche SE (PSHG_p. DE) signed off on a contract to merge with its majority-owned, cash-rich subsidiary Volkswagen (VOWG.DE) by 2011, Porsche said on Friday. 'The next milestone
Fri, 20 Nov 2009 18:16:00 GMT

Foot Locker sees sales falling in final quarter

* CFO sees Q4 same store sales down * CFO declines to provide specific outlook * CEO sees total of 200 store closings, 40 openings * Shares down nearly 3 pct in early afternoon trade NEW YORK (Reuters) - Athletic wear retailer Foot Locker Inc's chief
Fri, 20 Nov 2009 17:39:00 GMT

New Nexus Solution Center in Irvine Offers Advanced Technologies to Enable Virtualization and Cloud Computing Leading enterprises turn to Data Center 3.0 approach to protect, optimize and grow their organizations

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Fri, 20 Nov 2009 17:37:00 GMT

Buffett Cuts Sweet Deal for Burlington Northern Loan

It’s no surprise that Warren E. Buffett can command enviable terms when it comes to bank loans. That’s the case with the $8 billion loan he is borrowing to take over the rest of railroad operator Burlington Northern for $26 billion. Burlington
Fri, 20 Nov 2009 17:33:00 GMT

EU Picks Unknowns for Top Two Jobs

By Honor Mahony and Andrew Willis EU leaders have chosen Belgian Prime Minister Herman Van Rompuy to be the first president of the European Council, while UK trade commissioner Catherine Ashton will become the bloc's foreign policy chief. Welcoming the
Fri, 20 Nov 2009 17:28:00 GMT

US Carriers' Passenger Revenue Down in October

Passenger revenue among U.S. airlines fell 15 percent in October compared to the same month last year, an industry trade group said Friday. The Air Transport Association said its figures are based on a sample group of more than two dozen carriers.
Fri, 20 Nov 2009 17:25:00 GMT

10 companies for leaders

MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use. Intraday data is at least 20-minutes delayed. All times are ET.
Fri, 20 Nov 2009 16:52:00 GMT

Sony, Nintendo Focus On Emerging Nations For Game Console Sales

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Fri, 20 Nov 2009 16:38:00 GMT

Smucker profit soars on benefits of Folgers deal

Jam maker J.M. Smucker Co. reported Friday its fiscal second-quarter profit almost tripled from a year ago and it raised its fiscal year forecast as the company continues to benefit from its year-ago acquisition of Folgers. Smucker shares rose 5% to
Fri, 20 Nov 2009 16:29:00 GMT

Gartmore plans IPO to cut H&F stake, debt

By Cecilia Valente and Daisy Ku LONDON (Reuters) - Private equity-owned fund manager Gartmore has kicked-off a much-touted run of initial public offerings among companies owned by cash-hungry buyout firms, in a deal valuing it at about 1 billion pounds
Fri, 20 Nov 2009 16:25:00 GMT

Trade deal agreed in East Africa

Kenya is the biggest economy in the East Africa Community Leaders from five East African nations have signed a common market treaty. The presidents of Kenya, Tanzania, Rwanda, Uganda and Burundi have agreed to the free movement of people and goods across
Fri, 20 Nov 2009 15:49:00 GMT

Altera Signs Distribution Agreement with Newark Newark offers Altera's programmable solutions and introduces an online Altera community to support products including the new Cyclone IV FPGA family through www.element-14.com

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Fri, 20 Nov 2009 15:40:00 GMT

Geospatial Holdings' Subsidiary Enters Into Three Year Contract with Xcel Energy to Locate Underground Utilities in New Mexico

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Fri, 20 Nov 2009 15:40:00 GMT

Ladbrokes to cut UK jobs and call centre

• Bookmaker to close Aintree call centre with loss of 263 jobs • Offshore rivals are benefiting from tax advantages Betting company Ladbrokes has confirmed the loss of 263 jobs today. The high-street bookmaker announced the closure of its Aintree
Fri, 20 Nov 2009 15:37:00 GMT

Wall Street Jobs Slow to Return Despite Record Profits

Unemployment in the Northeast remains below the national average of 10.2 percent, but in the communities that make up Wall Street's back yard the jobs picture in October was mixed. The pace of job losses continues to moderate in New York, New Jersey and
Fri, 20 Nov 2009 15:15:00 GMT

Northrop Grumman Gets Contract With National Guard

Security company Northrop Grumman Corp. said Friday it received a training contract with the U.S. National Guard valued at $50 million over five years. Northrop Grumman will support planning and execution for joint doctrine, education, training,
Fri, 20 Nov 2009 14:58:00 GMT

AnnTaylor Revenue Misses; Cautious on Holiday

NEW YORK (Reuters) - Women's clothing retailer AnnTaylor Stores Corp reported lower-than-expected quarterly revenue on Friday and gave a cautious forecast for the current holiday quarter, sending shares down 2.2 percent in premarket trade. The operator
Fri, 20 Nov 2009 14:56:00 GMT