Business - Page 30

Reuters - NEW YORK (Reuters) -U.S. stocks ended mixed on Monday, with a decline in Microsoft Corp. weighing on technology shares, while bonds rose slightly and the dollar mostly firmed against major currencies.

AP - Sears Holdings Corp. said Monday it would appeal a jury verdict ordering the retailer to pay bondholders about $73.5 million in a case stemming from Sears' redemption of bonds after it sold a credit-card business. More Info...  

Reuters - Triad Hospitals Inc. agreed to accept a $4.7 billion takeover offer from two private equity buyers, including the investment unit of Goldman Sachs, amid pressure from a hedge fund to boost its stock performance.

AP - Weakness in the manufacturing sector, especially the auto industry, may be dampening the nation's economic prospects, but the bigger services sector appears to be more than making up for it.

Reuters - State Street Corp. said on Monday it would acquire Investors Financial Services Corp. for $4.5 billion in stock, the latest takeover in the mutual and hedge fund servicing industry.

Reuters - Nissan Motor Co. shares opened down 7.3 percent on Monday, knocking $4.1 billion off its market value, after the carmaker warned before the weekend that it would miss its original profit forecasts by a wide margin. More Info...  

Business

Reuters - A South Korean court on Monday found the head of Hyundai Motor Group (005380.KS), the world's No.6 auto maker, guilty of breach of trust and embezzling company funds.

Reuters - Canada-based Brookfield Asset Management Inc. (BAMa.TO) has made a takeover approach for Australia's A$4 billion ($3.1 billion) Multiplex Group Ltd. , the construction and property group said, sending its shares up 7.5 percent.

Reuters - Entertainment giant NBC Universal, a unit of General Electric Co. , will announce this week a new, younger chief executive to help it better compete in the digital age, the Los Angeles Times newspaper reported on Sunday.

Reuters - Wall Street's quarterly earnings frenzy is starting to taper off, but U.S. stock investors will still have plenty of numbers to watch this week.

Reuters - Chrysler Group Chief Executive Tom LaSorda said on Saturday the No. 3 U.S. automaker was mending strained relations with its dealers after an inventory crisis that pushed it into a $1.5 billion third-quarter loss. More Info...  

Business

Reuters - Wall Street's quarterly earnings frenzy is starting to taper off, but U.S. stock investors will still have plenty of numbers to watch next week.

Reuters - President George W. Bush said on Saturday his upcoming budget proposal would emphasize restraint on domestic spending while making defense and war costs for Iraq and Afghanistan the top priority.

Reuters - Siemens (SIEGn.DE) Chief Executive Klaus Kleinfeld denied any knowledge that the German engineering conglomerate was paying bribes in exchange for contracts, German magazine Focus reported on Saturday.

AP - A Pittsburgh novelty supplier and a Georgia retailer have sued Louis Vuitton Malletier, arguing the fabric bags they sell and distribute do not violate the French handbag maker's trademark. More Info...  

Business

Reuters - The head of the second-largest Ford Motor Co dealership group on Friday said the automaker was not doing enough to defend the market-leading position of its F-series pickup trucks.

Reuters - The head of the second-largest Ford Motor Co dealership group on Friday said the automaker was not doing enough to defend the market-leading position of its F-series pickup trucks.

Reuters - Google Inc. said on Friday its board of directors had agreed to pay executive officers a bonus of up to $1.5 million total for 2006, but it was not clear if the plan applied to the billionaires who started the Web search leader. More Info...  

Investor's Business Daily - Asset managers appear poised for another year of strong earnings growth as equity markets encourage investment in mutual funds and managed accounts. More Info...  

AP - Wary employers slowed hiring in January, pushing the unemployment rate to a four-month high of 4.6 percent and giving jobseekers a bumpy start to the year. Still, the Labor Department's employment report on Friday suggested the jobs market remains in solid shape.