Verizon Wireless stores were braced for a crushing wave of customers seeking the newly available Verizon iPhone Thursday. But thanks to a strong pre-order campaign, the crowds were lighter than expected, and happy shoppers got …
Hoping to add some safety against inflation to their portfolios, many folks have been investing in Treasury inflation-protected securities — TIPS. So now that inflation is on the horizon, they should be sitting pretty, right? …
Retailers should be swooning this year: Spending for the lover’s holiday is forecast to top $18.6 billion, a 5.8% jump in spending over 2010. That amounts to about $125 per person who buys a gift for that special someone.
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Last week, power-plant operator Dynegy agreed to be acquired by top shareholder Icahn Enterprises for about $665 million. But Dynegy’s second-largest shareholder, hedge fund Seneca Capital, rejected the bid, calling it “the wro…
Defense contractor Raytheon said Monday it has agreed to buy Applied Signal Technology, which specializes in collecting and processing communication signals to support tactical and strategic intelligence missions, for an aggreg…