According to Reuters, ABN Amro (ABN) will open its books to the Royal Bank of Scotland and two other banks that have made a $98 billion bid.
Reuters writes that Apple’s (AAPL) profits rose sharply on sales of Macs and iPods.
Reuters writes that the profit at NYSE (NYX) rose 123% in the most recent quarter.
Reuters reports that profits at telecom equipment company Ericsson (ERIC) rose 24%.
The Wall Street Journal reports that Qualcomm’s (QCOM) profit rose 22% and its raised guidance.
The Wall Street Journal writes that Wendy’s (WEN) is considering putting the company on the market.
The WSJ also reports that Bristol-Myers (BMY) will make its interim CEO the company’s permanet chief.
The WSJ reports that Boeing’s (BA) net rose 27% on strong plane orders.
The WSJ reports that Comcast (CMCSA) is building a portal to become a major destination for web TV to offset potential customer defections from its cable products.
The New York Times writes that the CEO of Siemens (SI) will step down. The company continues to struggle with scandals.
The New York Times writes that the CEO of GE (GE) is frustrated with the company’s share performance.
FT writes that Boeing (BA) and Airbus face competition from China’s plans to build its own planes.
Barron’s writes that share of Harley-Davidson may run out of gas as demands for its motorcycles slows.
Douglas A. McIntyre