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 -1 hour 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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Bankruptcy Costs Slam UAL With $1.77B Loss - ABC News

Bankruptcy Costs Slam UAL With $1.77B Loss
ABC News -34 minutes ago
Burdened by the heavy costs of reworking its airplane leases and contracts, United Airlines' parent company reported a record $1.77 billion loss
Reorg Costs Keep UAL Deep In The RedBusiness Travel News
UPDATE 3-UAL quarterly loss widens on restructuring costsReuters
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Novartis wins Chiron after sweetening its offer - MSNBC

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Swissinfo
Novartis wins Chiron after sweetening its offer
MSNBC -52 minutes ago
Novartis on Monday sweetened its offer for Chiron of the US to secure its long-awaited entry into the growth market for vaccines. The Swiss pharmaceuticals
Novartis bids $5bln for rest of ChironReuters
Chiron OKs sweetened $5.1B Novartis offerBusinessWeek
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US Economy: Inflation-Adjusted Spending Declines (Update4) - Bloomberg

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Financial Times
US Economy: Inflation-Adjusted Spending Declines (Update4)
Bloomberg -28 minutes 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
WRAPUP 1-US consumer spending up, income soars in SeptReuters
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The saga of the AOL comeback - CNN

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Albany Times Union
The saga of the AOL comeback
CNN -1 hour 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
Steve Case Resigns From Time Warner BoardABC News
AOL Founder's New RevolutionMSNBC
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P&O shares soar 34 pct on hopes of bidding war - Reuters

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BBC News
P&O shares soar 34 pct on hopes of bidding war
Reuters -10 hours ago
Hopes of a bidding war propelled shares in British ports operator P&O (PO.L: Quote, Profile, Research) to a five-year high on Monday following a takeover approach from Gulf state-owned Dubai Ports World.
P&O shares soar on hopes of bidding warReuters.uk
Shares in P&O ship line soarSeattle Post Intelligencer
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Valero Energy Outlook Trimmed - Forbes

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Spotlighting News
Valero Energy Outlook Trimmed
Forbes -41 minutes ago
Standard& Poor's Equity Research cut earnings-per-share estimates for Valero Energy (nyse: VLO - news - people ) after the independent oil-refining giant announced upside third-quarter earnings.
Valero 3rd-Qtr Profit Surges; Greehey to Step Down (Update6)Bloomberg
Valero 3Q Profit Doubles; CEO to DepartABC News
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Vodafone Sells Swedish Operations to Telenor - Geekzone

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RTE News
Vodafone Sells Swedish Operations to Telenor
Geekzone -1 hour ago
Vodafone has agreed to sell its 100% interest in Vodafone Sweden to Telenor, the pan-Nordic telecommunications operator. Vodafone Sweden is being sold for an Enterprise Value of EUR 1,035 million (GBP 704 million).
UK carrier selling assets to Telenor for $1.24 billionMarketWatch
UPDATE 2-Telenor buys Vodafone Sweden for 1.04 bln eurosReuters
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Telecom megamergers get final federal approval - ZDNet

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Seattle Times
Telecom megamergers get final federal approval
ZDNet -1 hour ago
The Federal Communications Commission on Monday approved SBC Communications' merger with AT&T and Verizon Communications' merger with MCI, marking the last federal approval needed before the deals can move forward.
FCC approves big phone mergersMarketWatch
Verizon, SBC Takeovers Clear FCC, Final US Hurdle (Update1)Bloomberg
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Halloween is Hurricane Wilma's new victim - Seattle Post Intelligencer

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USA Today
Halloween is Hurricane Wilma's new victim
Seattle Post Intelligencer -20 minutes ago
Trick-or-treating was canceled for many youngsters across South Florida on Monday - a week after Hurricane Wilma struck - because the power was still out in many places and storm debris made some streets and sidewalks hazardous.
Wilma claims latest victim _ trick or treatingDateline Alabama
Wilma limits trick-or-treating in Fla.San Jose Mercury News
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