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Hershey mulls $17 billion solo bid for Cadbury: source (Reuters)
U.S. Q3 seen revised down on widening trade deficit (Reuters)
Paulson's golden investors have to commit $10 million (Reuters) Reuters - Investors tempted to put money into star hedge fund manager John Paulson's new gold portfolio will have to commit at least $10 million and leave the money locked up for at least one year, according to a prospectus. Black Friday deals may not signal retail comeback (Reuters)
A look at economic developments around the globe (AP) AP - A look at economic developments and activity in major stock markets around the world Friday: New Hampshire AG seeks bankruptcy for mortgage co. (AP) AP - The New Hampshire attorney general's office wants to force a mortgage company that closed suddenly into bankruptcy. Ohio AG sues credit agencies for public pensions (AP) AP - The three major credit ratings agencies gave mortgage-backed securities unjustifiably high ratings in return for lucrative fees, losing at least $457 million for five Ohio public employee pension and retirement funds, the state's attorney general alleged in a lawsuit filed Friday. Barnes & Noble Nook E-Reader Will Arrive After Christmas (NewsFactor) NewsFactor - In what may remind many consumers of the Amazon Kindle's early days, Barnes & Noble expects shipments of its nook e-book reader to be delayed. On Friday, the giant book retailer said it has sold out its first batch of nooks amid high demand -- and new shipments won't be available until after the holiday shopping season ends. You can save this news page by submitting it to your favorite sites:
All News Lines - Local and World Wide, Updated Hourly
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Reuters - U.S. stocks fell for a third straight day on Friday as investors took weaker-than-expected results from computer maker Dell and homebuilder D.R. Horton as a further sign that the recovery would be anemic.
Reuters - U.S. chocolate maker Hershey Co is considering launching a bid of at least $17 billion for British chocolatier Cadbury Plc as it seeks to trump a hostile offer by Kraft Foods Inc, a source familiar with the matter said on Friday.
Reuters - The U.S. economy's return to growth in the third quarter was less brisk than previously thought as the trade deficit worsened and companies still aggressively cut inventories, a Reuters survey predicted.
Reuters - When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened but even more bargain hungry customers cross their thresholds.
