updated Tue November 06, 2007

Micron Technology CEO Steven Appleton Received $8.6 Million in Compensation in Fiscal 2007

NEW YORK (AP) -- The chief executive of Micron Technology Inc. received compensation valued by the company at $8.6 million in fiscal 2007, according to a proxy statement filed Monday with the Securities and Exc...

updated Tue November 06, 2007

Wheat Prices Edge Higher, While Soybean, Corn and Oat Prices Decline on Chicago Board of Trade

CHICAGO (AP) -- Agricultural futures traded narrowly mixed Monday on the Chicago Board of Trade.Wheat for December delivery rose 1.5 cents to $7.80 a bushel; December corn dipped 1.25 cents to $3.7575 a bushel;...

updated Tue November 06, 2007

Analysts Expect Revlon Loss in 3rd Quarter As Cosmetic Maker's Restructuring Continues

NEW YORK (AP) -- Cosmetics-maker Revlon Inc. reports earnings for the third quarter on Tuesday. The following is a summary of key developments and analyst opinion related to the period.OVERVIEW: Revlon, which i...

updated Tue November 06, 2007

Tetra Technologies Posts 87 Percent Drop in 3rd-Quarter Profit, Shares Fall

THE WOODLANDS, Texas (AP) -- Oil and gas services company Tetra Technologies Inc. said Monday its third-quarter profit tumbled 87 percent as impairment and other charges offset revenue growth.The news sent Tetr...

updated Tue November 06, 2007

Pickets March Outside "Today" Show in NYC As Film and TV Writers Union Strikes Studios

NEW YORK (AP) -- Noisy pickets appeared outside the "Today" show set on Monday as a strike by film and television writers got under way.The strike is the first walkout by the writers since 1988. That work stopp...

updated Tue November 06, 2007

IRobot Shares Rise After Judge Grants Injunction Against Competitor

NEW YORK (AP) -- Shares of iRobot Corp. rose Monday morning after a Massachusetts judge granted the company an injunction against a competitor.JPMorgan analyst Paul Coster said the legal news puts Burlington, M...

updated Tue November 06, 2007

Report: Kraft Nearing Deal to Sell Post Cereal for About $2.8B

NORTHFIELD, Ill. (AP) -- Shares of Kraft Foods Inc. climbed Monday after a published report said the nation's biggest food and beverage maker was nearing a deal to sell its Post cereal division for about $2.8 b...

updated Tue November 06, 2007

Mesa Air Fires Chief Financial Officer Murnane After Court Says He Destroyed Evidence

PHOENIX (AP) -- Mesa Air Group Inc. said Monday it fired Chief Financial Officer George Murnane, following a court ruling that Murnane intentionally destroyed evidence pertaining to a lawsuit.Vice President of ...

updated Tue November 06, 2007

Google Aims to Shake Up Mobile Phone Market With Free Software

SAN FRANCISCO (AP) -- Confirming its long-rumored foray into the mobile market, Google said Monday it is developing a free cell phone software package so the Internet search leader can more easily peddle ads an...

updated Tue November 06, 2007

Oil Prices Drop on Profit-Taking, Easing Mideast Tension

VIENNA, Austria (AP) -- Oil prices fell more than $1 a barrel Monday as traders pocketed gains from the previous session's record settlement.The release of eight Turkish soldiers by Kurdish rebels Sunday also c...

updated Tue November 06, 2007

Nu Skin Net Income Rises in 3rd Quarter, Helped by Higher Sales in U.S, Internationally

PROVO, Utah (AP) -- Nu Skin Enterprises Inc., which sells personal-care products, said Monday its third-quarter net income rose, helped by higher sales in the U.S. and elsewhere.Quarterly net income rose 3 perc...

updated Tue November 06, 2007

Newpark Swings to 3rd-Quarter Profit Due to Sale, Closure of Environmental Service Businesses

THE WOODLANDS, Texas (AP) -- Newpark Resources Inc. swung to a profit in the third quarter due to a narrower loss from discontinued operations, though profit margins in other businesses fell, the oilfield servi...

updated Tue November 06, 2007

Drugmaker Bayer Suspends Worldwide Sales of Its Antibleeding Drug Trasylol

WASHINGTON (AP) -- Under government pressure, Bayer AG said Monday it halted worldwide sales of its antibleeding drug Trasylol after a Canadian clinical study found it could be linked to a higher risk of death ...

updated Tue November 06, 2007

Rockwood Holdings Plans Secondary Offering of 10 Million Shares, to Be Offered by Shareholders

PRINCETON, N.J. (AP) -- Specialty chemicals producer Rockwood Holdings Inc. said Monday it plans a secondary offering of 10 million shares of common stock, to be offered by a group of selling stockholders.The s...

updated Tue November 06, 2007

Nu Skin Will Take Charges in 4th Quarter Related to Restructuring, Offers Revenue Guidance

PROVO, Utah (AP) -- Nu Skin Enterprises Inc., which sells personal-care products, said Monday it will take charges in the fourth quarter related to a restructuring plan.Nu Skin said it plans to lower general an...

updated Tue November 06, 2007

Antitrust Regulators Clear Electronic Arts' Purchase of Game Companies From Elevation Partners

WASHINGTON (AP) -- Antitrust regulators have cleared Electronic Arts Inc.'s $775 million purchase of two software studios from private equity fund Elevation Partners, a government agency said Monday.EA, the wor...

updated Tue November 06, 2007

Vertex Pharma Drops As Analysts Downgrade on Competition Concerns for Hepatitis C Drug

NEW YORK (AP) -- Shares of Vertex Pharmaceuticals Inc. fell to a 52-week low Monday after analysts downgraded the stock due to competitive concerns about the company's hepatitis C drug candidate telaprevir. The...

updated Sat November 03, 2007

Delphi Asks Court to Approve Extension of $4.5 Billion Bankruptcy Loan

WASHINGTON (AP) -- Delphi Corp. is seeking court approval to extend its $4.5 billion bankruptcy loan into next year to give it more time to exit Chapter 11 protection after changing the terms of its reorganizat...

updated Sat November 03, 2007

Medtronic Completes Acquisition of Spinal Implant Maker Kyphon

MINNEAPOLIS (AP) -- Medical device maker Medtronic Inc. said Friday it has completed its $4.2 billion buyout of Sunnyvale, Calif.-based Kyphon Inc.The deal, initially announced by Medtronic in July, was seen as...

updated Sat November 03, 2007

Omnivision COO Xinping He Exercises Options for 20,000 Shares, Sells Stock

NEW YORK (AP) -- The chief operating officer of image sensor company Omnivision Technologies Inc. exercised options for 20,000 shares of common stock under a prearranged trading plan, according to a Securities ...