Stock Trading - Cumulus Media to Buy Susquehanna Radio for $1.2 Bln (Update4) - Bloomberg

Cumulus Media to Buy Susquehanna Radio for $1.2 Bln (Update4) - Bloomberg

Cumulus Media to Buy Susquehanna Radio for $1.2 Bln (Update4)
Bloomberg -3 hours ago
Cumulus Media Inc. and private-equity partners agreed to buy Susquehanna Pfaltzgraff Co.'s radio unit for $1.2 billion, creating a company with 343 stations in 67 US cities.
Susquehanna Pfaltzgraff selling assetsBusinessWeek
Susquehanna to sell media assetsMarketWatch
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Crude Oil Near Three-Month Low as Warm Weather Cuts Fuel Usage - Bloomberg

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Crude Oil Near Three-Month Low as Warm Weather Cuts Fuel Usage
Bloomberg -28 minutes ago
Crude oil in New York traded near a three-month closing low on signs warmer-than-normal weather may reduce heating oil consumption in the US Northeast region, the nation's biggest consumer of the fuel.
Oil futures settle below $60 a barrelBusinessWeek
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US Economy: Inflation-Adjusted Spending Declines (Update4) - Bloomberg

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US Economy: Inflation-Adjusted Spending Declines (Update4)
Bloomberg -2 hours ago
US consumer spending dropped for a second month in September when adjusted for inflation, the first back-to-back decline in 15 years and a sign that rising fuel costs left Americans with less money for other purchases.
US spending up on storm payoutsBBC News
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Kellogg posts higher 3Q profit, raises 2005 outlook - Detroit Free Press

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Kellogg posts higher 3Q profit, raises 2005 outlook
Detroit Free Press -3 hours ago
Kellogg Co. reported an 11 percent increase in profit during the third quarter and upwardly revised its full-year financial forecast, but shares of the world's largest cereal maker still dropped in value.
Kellogg's 3rd-Qtr Profit Rises 11% on New Cereals (Update4)Bloomberg
Kellogg profit up, margins fallReuters
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Telefonica to Acquire O2 for $32Bln - The Moscow Times

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Telefonica to Acquire O2 for $32Bln
The Moscow Times -2 hours ago
Telefonica, Spain's biggest telephone company, has agreed to buy British mobile phone operator O2 for 17.7 billion ($31.5 billion) in the largest acquisition in the European phone industry in five years.
Reuters Business SummaryWashington Post
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WTO deadlocked on farm import tariffs - BusinessWeek

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WTO deadlocked on farm import tariffs
BusinessWeek -3 hours ago
OCT. 31 3:07 PM ET The European Union's latest offer to cut farm import tariffs has failed to break a deadlock among members of the World Trade Organization, who are seeking to hammer out a global trade treaty
France still has'serious questions' about EU farm offerForbes
EU farm offer helps keep Doha talks movingFinancial Times
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Earnings: Americas bolster net - International Herald Tribune

Earnings: Americas bolster net
International Herald Tribune -53 minutes ago
ABN AMRO, the largest Dutch lender, said Monday that third-quarter net income rose 35 percent and it raised its second-half profit target to at least match the 1.88 billion it earned in the first half, after higher earnings from consumer banking in Brazil
ABN Amro Third-Quarter Net Rises 35% on Brazil, US (Update6)Bloomberg
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Motorola settles lawsuit with ex-president - BusinessWeek

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Motorola settles lawsuit with ex-president
BusinessWeek -24 minutes ago
OCT. 31 6:40 PM ET Motorola Inc., the world's No. 2 mobile phone maker, on Monday said it has agreed to settle a lawsuit against former president Mike Zafirovski for $11.5 million cash and other requirements.
Motorola Gets $11.5 Million in Zafirovski Settlement (Update1)Bloomberg
Motorola, Nortel settle CEO suitGlobe and Mail
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Stocks end a down October on a high note - MSN Money

Stocks end a down October on a high note
MSN Money -1 hour ago
Lower oil prices, chips, deals push markets. October is a bummer, but the recent rally may go to year-end. Stansky to retire from Fidelity Magellan.
Manager of Fidelity's lagging Magellan Fund retiresBoston Globe
Fidelity's Stansky to retire amid manager changesUSA Today
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The saga of the AOL comeback - CNN

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The saga of the AOL comeback
CNN -3 hours ago
NEW YORK (Fortune) - When Time Warner announces third-quarter earnings this week, analysts and investors will be looking for hard evidence that the media company's AOL unit has made progress in its effort to develop a Yahoo-like portal that can pull in
Architect of AOL merger quits over conflict of interestTimes Online
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Ports groups may harbour designs on P&O in wake of Dubai interest - Times Online

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Ports groups may harbour designs on P&O in wake of Dubai interest
Times Online -28 minutes ago
THE Port of Singapore or AP Moller-Maersk were tipped last night to launch a counter-bid for P&O, after shares in the ports group raced ahead by 30 per cent following a takeover approach from Dubai Ports World.
P&O being courted for possible bidGlobe and Mail
P&O shares soar 34 pct on hopes of bidding warReuters
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Barrick bid seen bullish for gold price - ABC News

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Barrick bid seen bullish for gold price
ABC News -25 minutes ago
A potential deal combining Barrick Gold with Canadian competitor Placer Dome may offer support to gold prices due to increased de-hedging and it also should not dramatically affect the outlook for production, metals analysts said on
Barrick Gold bids 5.2bn for rival minerTimes Online
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Supreme Court Spurns Microsoft Patent Appeal - InformationWeek

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Supreme Court Spurns Microsoft Patent Appeal
InformationWeek -2 hours ago
At issue is how much money Microsoft should have to pay for infringing on a researcher's patent and whether the monetary award should count global or just domestic sales.
Suprement Court turns away Microsoft Web browser caseSan Jose Mercury News
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Novartis bids $5bln for rest of Chiron - Reuters

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Novartis bids $5bln for rest of Chiron
Reuters -3 hours ago
Drugmaker Novartis (NOVN.VX: Quote, Profile, Research) has agreed to buy the remainder of US vaccine maker Chiron Corp. (CHIR.O: Quote, Profile, Research) that it does not
Novartis Agrees to Buy Rest of Chiron for Vaccines (Update4)Bloomberg
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Merck lawyer says facts don't add up - BusinessWeek

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Merck lawyer says facts don't add up
BusinessWeek -3 hours ago
OCT. 31 3:46 PM ET Hammering away at a handful of key themes, a lawyer for Merck& Co. urged jurors Monday to absolve the Vioxx manufacturer of liability for a heart attack suffered by an Idaho postal worker
Closing arguments begin in Vioxx caseSeattle Post Intelligencer
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SBC and Verizon both win merger clearance - Financial Times

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SBC and Verizon both win merger clearance
Financial Times -44 minutes ago
SBC and Verizon on Monday successfully concluded their campaigns to win regulatory clearance for their two multi-billion dollar telecommunications deals.
Telecom megamergers get final federal approvalZDNet
FCC clears Verizon, SBC purchasesABC News
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