General Dynamics Corp, Harris Corp and L-3 Communications Holdings Inc benefited most among the Pentagon's 25 largest military suppliers from five years of war in Iraq, based on a combination of conflict-related sales and stock gains.
Bear Stearns Cos surged 54 percent in early trading in New York after the New York Times reported that JPMorgan Chase & Co may quintuple its takeover offer for Bear Stearns Cos to more than $1 billion in an effort to win support from employees and shareholders opposed to the deal.
Oil prices fell yesterday as investors sought to lock in profits and as top exporter Saudi Arabia reassured consumers of its plans to boost supply.
The dollar rose against the yen on speculation the Federal Reserve's interest-rate cuts and efforts to spur lending will help revive economic growth.
How will we know when it's time to call a bottom to the mortgage mess? Here's one benchmark: As long as Wachovia Corp hasn't cleaned up its books, there's probably still more to come.
Nissan Motor Co, Honda Motor Co and their Asian peers may get a bigger sales boost than their US rivals from vehicles introduced at the annual New York auto show this week.
Apple Inc is mulling a plan to upend its iTunes business by giving people unlimited free access to the music library if they are willing to pay more for the iPod and iPhone devices they use for playing and storing the digital media, according to a published report.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
