Daily Archives: September 2, 2010

Analyst: GM plans to start selling shares on Nov. 18 after attracting investors

The Canadian Press – DETROIT – General Motors plans to start trading shares again on Nov. 18, timing that allows the company one more quarter of earnings to build its case to investors, a firm that researches initial public offerings said Thursday.

Dell ends bidding contest over data-storage maker 3Par, will not match HP

The Canadian Press – SEATTLE – Dell Inc. is walking away from a bidding contest with rival Hewlett-Packard Co. for data-storage maker 3Par Inc.

Improved reports on jobless claims, housing temper fears of double-dip recession

The Canadian Press – WASHINGTON – The feeble U.S. economy exhibited a smidgen of strength Thursday, with mildly positive reports on jobs, store sales and housing.

3 dead dead in small plane crash in lagoon off San Francisco Bay

The Canadian Press – REDWOOD SHORES, Calif. – A small plane that crashed into a shallow lagoon off San Francisco Bay on Thursday, killing three people, belonged to the founder of a local steel company who was believed to be among the dead.

S.Korean economy grew revised 1.4 pct in Q2: central bank

AFP – SEOUL (AFP) – South Korea’s economy grew 1.4 percent in the second quarter from three months earlier, slightly less than earlier predicted due to weaker construction investment, the central bank said Friday.

Burger King agrees to US$3.26B buyout from 3G Capital, sets sights overseas

The Canadian Press – CHICAGO – Burger King’s new ruler could help its empire expand.

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