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Wachovia's $25.5 bln Golden West buy criticized (Reuters)

Wachovia's headquarters in Charlotte, North Carolina is seen in an undated file photo. Wachovia Corp., the No. 4 U.S. bank, on Sunday said it will buy Golden West Financial Corp. for $25 billion to sharply boost its exposure to the fast-growing western United States. (Handout/Reuters)Reuters - Investors on Monday expressed disappointment with Wachovia Corp.'s agreement to buy California thrift Golden West Financial Corp. for $25.5 billion, calling the purchase risky and too costly.




Dell lowers forecast as it cuts prices (Reuters)

Dell Inc. President and CEO Kevin Rollins during a news conference in New Delhi, January 30, 2006. The world's leading personal computer maker said on Monday first-quarter earnings would fall short of its earlier forecast after it cut prices aimed at boosting future revenue growth. (Adnan Abidi/Reuters)Reuters - Dell Inc. , the world's leading personal computer maker, said on Monday first-quarter earnings would fall short of its earlier forecast after it cut prices aimed at boosting future revenue growth.




Stocks flat as crude falls; Fed, Dell in focus (Reuters)

Federal Reserve Chairman Ben Bernanke speaks at an economic summit in Washington, May 3, 2006. The Fed is widely expected to raise interest rates by a quarter point on Wednesday, but investors will be focused on the central bank's accompanying statement. (Yuri Gripas/Reuters)Reuters - U.S. stocks barely budged on Monday as caution before the Federal Reserve's interest rate policy meeting on Wednesday offset a pullback in crude oil prices and fresh merger activity.




Teck makes bid for Inco; Falconbridge miffed (Reuters)

Teck Cominco President and Chief Executive Officer Donald Lindsay speaks to shareholders during the annual general meeting in Vancouver British Columbia April 26, 2006. (Lyle Stafford/Reuters)Reuters - Teck Cominco Ltd. (TEKsvb.TO) launched a C$17.8-billion ($16 billion) hostile bid for Inco Ltd. on Monday that would create a mining mammoth and thwart Inco's plan to take over Falconbridge Ltd. (FALlv.TO).




Apple Computer wins trademark dispute vs Beatles (Reuters)

Former Beatle Paul McCartney performs at the Live 8 concert in Hyde Park in London, July 2, 2005. Apple Computer won its courtroom battle against the Beatles on Monday when a judge ruled the company's iTunes Music Store did not infringe on the trademark of Apple Corps, which represents the band's interests. (Stephen Hird/Reuters)Reuters - Apple Computer has won its trademark dispute with the Beatles, part of a long and winding road of legal battles which may lead the band's famous songs to the door of Apple's market-leading iTunes Music Store.





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