LONDON (Reuters) - Persistent fears about the world economy battered global stocks again on Monday and drove investors towards safer assets despite expectations of more interest cuts from the Federal Reserve to bolster growth.
NEW YORK (Reuters) - Alliance Data Systems Corp , a provider of transaction, credit and marketing services, said on Monday its $6.76 billion buyout by private equity firm Blackstone Group LP was in jeopardy.
CHICAGO (Reuters) - McDonald's Corp , the world's largest restaurant chain operator, posted higher quarterly profit on Monday, helped by a tax benefit, but said sales were flat in December at U.S. restaurants open at least 13 months.
PARIS (Reuters) - A French lawyer acting for 100 small shareholders said on Monday he had sued French Societe Generale over the way it unbundled billions of dollars in allegedly fraudulent share deals earlier this week.
NEW YORK (Reuters) - U.S. retailer Sears Holdings Corp said its chief executive Aylwin Lewis will leave the company, effective Feb 2, the latest in a shake-up of the firm that operates the Sears and Kmart chain of stores.
NEW YORK (Reuters) - Black & Decker Corp , a maker of power tools and home-improvement products, on Monday reported a higher quarterly profit but gave a first-quarter outlook that was lower than Wall Street forecasts, citing the sluggish U.S. housing market.
NEW YORK (Reuters) - Utility FPL Group Inc , the largest U.S. wind power company, posted a 16 percent drop in fourth-quarter earnings, hit by losses from trading in energy markets.
NEW YORK (Reuters) - Stock index futures dipped on Monday as concern about a U.S. recession hurting the globaleconomy lingered, but favorable corporate results, including from Corning Inc. , helped to modify pessimism.
NEW YORK (Reuters) - Verizon Communications said on Monday its quarterly profit rose and its wireless customer additions were ahead of analyst estimates.
NEW YORK (Reuters) - Countrywide Financial Corp CEO Angelo Mozilo said on Monday that he would give up $37.5 million in severance pay and other fees he stood to gain from the mortgage lender's sale to Bank of America Corp , amid criticism over his role in the U.S. mortgage meltdown.
