Continental Airlines Introduces New Fee to Hold Price of Ticket

Continental Airlines (UAL) introduced a new fee that lets customers lock in the price of a ticket.

The “FareLock” service, which starts at $5, means that passengers can hold a seat at a given price, ABC reported.

“I think it’s a brilliant,” said Jo…

Chinese Internet IPOs: The Case for DangDang Over Youko

Among the Chinese Internet companies recently listing on U.S. exchanges, online video site Youko and e-tailer DangDang have gotten the most attention. Both present risks for investors, but it seems clear that DangDang’s longer…

Sanofi-Aventis Extends Its Tender Offer for Genzyme

Paris-based pharma Sanofi-Aventis has pushed back its offer deadline for Massachusetts-based biotech Genzyme by six weeks. All other terms, including the $69 per share bid, remain unchanged. So far, very few shareholders have r…