NEW YORK (Reuters) - Bargain-seeking consumers headed into stores for their last-minute Christmas shopping during the "Super Saturday" weekend, to the relief of some worried retailers, according to data released on Monday.
NEW YORK (Reuters) - Merrill Lynch & Co Inc shored up its capital base by as much as $7.5 billion after selling a stake to Singapore's government and an asset manager, and unloading much of a lending business, as it wrestles with huge subprime mortgage losses.
NAGOYA, Japan (Reuters) - Toyota Motor Corp will charge further into emerging car markets to achieve another year of record sales in 2008, likely cementing its title as the world's biggest automaker ahead of General Motors Corp
NEW YORK (Reuters) - Target Corp warned on Monday that its December same-store sales were below expectations and said it now expects sales at stores open at least a year in the range of down 1 percent to up 1 percent, adjusted for a calendar shift.
NEW YORK (Reuters) - Communications equipment makers Andrew Corp and CommScope Inc. on Monday announced the final terms of their merger, which they said was due to close on December 27.
NEW YORK (Reuters) - Stocks rallied on Monday, led by financial companies, after Merrill Lynch took steps to shore up its balance sheet with plans to raise up to $6.2 billion and sell a lending unit.
TEL AVIV (Reuters) - Israel's Teva Pharmaceutical Industries Ltd raised its 2007 earnings outlook following the launch of its generic version of Wyeth's ulcer drug Protonix.
NEW YORK (Reuters) - Equipment rental group United Rentals Inc said on Monday it terminated its $4 billion takeover by Cerberus Capital Management and asked Cerberus to pay it a $100 million termination fee.
BOSTON (Reuters) - Oil prices rose above $94 on Monday in thin trading as dealers anticipated a further tightening of U.S. energy stockpiles and foul weather forced Mexico to shut two key oil ports.
