NEW YORK (Reuters) - Verizon Communications Inc reported a better-than-expected quarterly profit on Monday driven by strong wireless subscriber growth, though analysts were unimpressed by its Internet subscription sales.
NEW YORK (Reuters) - Oil jumped to a record high near $94 a barrel on Monday as stormy weather disrupted supplies from giant exporter Mexico and the dollar wallowed near record lows.
NEW YORK (Reuters) - Stocks rose on Monday as investors bet that the Federal Reserve will cut benchmark lending rates this week and that soaring commodity prices will boost profits of metal and energy producers.
NEW YORK (Reuters) - Boeing Co said on Monday it would buy up to $7 billion of its own stock, one of the plane-maker's largest repurchase plans on record, but kept its cash dividend unchanged.
NEW YORK (Reuters) - Pitney Bowes Inc , the biggest U.S. supplier of postage meters and mailing machines, posted a lower quarterly profit on Monday because of weakness in its U.S. and international mailing segments as well as in its management services business.
LOS ANGELES (Reuters) - Kellogg Co reported a 9 percent rise in quarterly profit on Monday but forecast 2008 earnings below Wall Street estimates due to higher commodity costs and expenses for reinvesting in its business.
NEW YORK (Reuters) - NBC Universal Chief Executive Jeff Zucker on Monday dismissed repeated rumors that the media company would be sold by parent General Electric .
NEW YORK (Reuters) - Louisiana-Pacific Corp , a building products maker, on Monday posted a worse-than-anticipated third-quarter loss as the slump in the U.S. housing market hurt demand and pricing for its products.
CHICAGO (Reuters) - Northwest Airlines Corp on Monday shattered Wall Street expectations, reporting a $244 million quarterly profit on cost cutting and higher fares.
BOSTON (Reuters) - Software maker BEA Systems Inc's board said on Monday it is holding out for a $21-a-share takeover offer, a day after its larger rival Oracle Corp withdrew its $17-a-share offer.
