NEW YORK (Reuters) - Blackstone Group LP on Monday reported a quarterly loss from charges and posted a 44 percent drop in real estate revenues, missing analysts' estimates and sending its shares down more than 6 percent.
NEW YORK (Reuters) - Shares in E*Trade Financial Corp sank 59 percent to a five-year low on Monday after an analyst said mounting credit losses may prompt customers to yank deposits and could put the online brokerage at risk of bankruptcy.
NEW YORK (Reuters) - U.S. stocks fell for a fourth session on Monday, led by a widening sell-off in technology stocks late in the day on worries about business spending, while a drop in oil prices hit energy producers' shares.
BOSTON (Reuters) - IBM said on Monday it would buy Canada's Cognos Inc for $5 billion, snapping up the last major independent maker of business intelligence software.
ATLANTA (Reuters) - Home retailers Home Depot Inc and Lowe's Cos Inc have taken a beating this year as results weakened in the wake of the crumbling U.S. housing market, and experts said more pain is possible in coming quarters.
PHILADELPHIA/NEW YORK (Reuters) - Wendy's International Inc. is expected to get tentative takeover offers on Monday, but a final sale of the hamburger chain may be delayed or canceled as suitors struggle over price and funding, sources familiar with the situation said on Monday.
BOSTON (Reuters) - Oracle Corp made a move on Monday to take on VMWare Inc in the market for virtualization software, unveiling a product that it says is three times more efficient than competitors' offerings.
CHICAGO (Reuters) - Tyson Foods Inc on Monday announced plans to buy a Brazilian poultry business and preliminary deals for two joint venture poultry operations in China, and said it has selected a site in Louisiana for a plant to turn animal fat into renewable fuel.
SAN FRANCISCO (Reuters) - Web design software maker Adobe Systems Inc said on Monday it is replacing Chief Executive Officer Bruce Chizen, a surprise move that helped send the company's stock down 2.8 percent.
SHANGHAI (Reuters) - Eastman Kodak Co has decided to sell off its stake in Lucky Film Co Ltd , ending a four-year partnership with China's biggest photo film manufacturer, the Chinese company said on Tuesday.
