October sales gains lift hopes for housing market AP (November 23, 2009) WASHINGTON (AP) - First-time buyers seized on a tax credit, combined with low mortgage rates and falling prices, to boost home sales in October to their highest level in 2 1/2 years.
Ciena buys Nortel business units for $769M AP (November 23, 2009) TORONTO (AP) - Ciena Corp. and Nortel Networks Corp. said Monday that Nortel has sold its global optical networking and carrier ethernet businesses to Ciena for $769 in cash and debt.
Peet's raises offer for Diedrich to $265M AP (November 23, 2009) EMERYVILLE, Calif. (AP) - Coffee chain retailer Peet's Coffee & Tea Inc. said Monday it has raised its offer for the wholesale roaster and distributor Diedrich Coffee Inc. by about 24 percent to $265 million.
Trump, bondholders reach deal over 3 NJ casinos AP (November 17, 2009) ATLANTIC CITY, N.J. (AP) - Bondholders battling Donald Trump for control of Trump Entertainment Resorts' three Atlantic City casinos have reached a deal allowing the casinos to retain Trumps' trademark name.
Report: Motorola looking at selling largest unit AP (November 11, 2009) NEW YORK (AP) - Motorola Inc. is seeking to sell its largest division, which makes equipment for cable and wireless companies, according to a report.
Stanley sees cost savings in Black & Decker deal AP (November 03, 2009) CHICAGO (AP) - Tool makers Stanley Works and Black & Decker Corp. are betting that together they can wring out more profit and better position themselves for a housing market recovery than they could apart.
NCR purchases Netkey for an undisclosed amount AP (November 02, 2009) DULUTH, Ga. (AP) - NCR Corp., a maker of ATMs, retail checkout scanners and self-serve kiosks, said Monday that it bought Netkey Inc., a provider of kiosk and digital sign software applications.