Monday, November 21, 2005

Woodward expresses some regrets in CIA leak case

Woodward expresses some regrets in CIA leak case: "WASHINGTON (Reuters) - Washington Post journalist Bob Woodward on Monday expressed regret about some of his conduct in the CIA leak probe, and compared his pledge not to name his source to the promise he made to 'Deep Throat' in the Watergate case."

Friday, November 11, 2005

Wall Street Market Report

(Close): US stocks ended the week on a positive note, although trading was light with the US government bond market closed for Veterans' Day.

The Dow Jones index closed up 45.9 points at 10,686, while the Nasdaq Composite rose 5.79 points to 2,202.47. The S&P 500 ended up 3.75 at 1,234.7.

Dell gained 19 cents to $29.40 despite the PC maker reporting a 28% drop in third-quarter profits late on Thursday.

General Motors rose 97 cents to $24.48 after workers agreed a healthcare deal.

GM said the deal should save it $1bn a year and reduce it's long-term healthcare liability by $15bn.

DaimlerChrysler shares climbed 57 cents to $50.17 after the carmaker said it had sold its remaining 12.4% stake in Mitsubishi Motors.

Reuters Next Summit will take place in NY on Nov 14-17

Top executives from leading investment banks and financial services firms will visit Reuters U.S. headquarters on Nov 14-17 for our annual Finance Summit. Reuters clients and visitors to Reuters.com will be able to read a series of exclusive stories based on interviews from the Summit.

The summit comes at a time when merger and acquisition activity is booming internationally fueled by cheap debt and strong corporate balance sheets. Investment banks have reported two record quarters this year due to an increase in trading and deal activity. Even individual mums-and-dads investor activity has improved nearly five years after the dotcom bubble burst.

For more on the summits

GM's workers ratify health-care deal

From Reuters - Unionized workers at General Motors Corp. , the world's largest auto maker, have ratified a landmark deal to help the automaker cut its massive health-care costs, the United Auto Workers union said on Friday. Full Article