Bemis closer to finalizing Alcan buyout; shares up (AP)
Bemis Co. should be able to quickly close its deal to buy the Alcan packaging unit from Rio Tinto PLC now that it has reached an agreement with the Department of Justice to sell off certain assets, an analyst said Thursday.
Palm stock tumbles 20%
Palm's shares fell nearly 20% Thursday after the company's CEO said 2010 sales would be "well below" its forecasts, citing worse-than-expected sales of its new smartphones.
Market speaks: Health reform doesn't matter
If you believe the stock market, health care reform is a dead subject.
Hyatt Hotels shares rise on 4Q earnings (AP)
Hyatt Hotels, which went public in November, said Thursday its loss narrowed, as the company cut expenses to offset nearly flat revenue.
Wall St slides as economic worries and Greece weigh (Reuters)
U.S. stocks suffered their biggest drop in three weeks on Thursday after weak employment and durable goods data added to recent worries about the strength of the economic recovery.
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Fuel Tech Awarded Multiple Air Pollution Control Orders Totaling $2.0 Million; Includes ULTRA Systems in China (Business Wire)
WARRENVILLE, Ill.----Fuel Tech, Inc. , a world leader in advanced engineering solutions for the optimization of combustion systems and emissions control in utility and industrial applications, today announced receipt of air pollution control contracts totaling $2.0 million.