UPDATE 3-NEC plans $1.5 bln share sale after losses - Reuters UK
TOKYO, Nov 6 (Reuters) - NEC Corp ( 6701.T ), Japan’s biggest PC maker, plans to raise 133.9 billion yen year operating profit outlook by 40 percent last week, is desperate to shore up its capital, weakened by losses at semiconductor unit NEC

AES to Sell Stock, Wind-Power Stake to China’s CIC (Update2) - Bloomberg
Nov. 6 (Bloomberg) — AES Corp. , the U.S. power producer with operations in 29 countries, agreed to sell $1.58 billion in stock and a 35 percent stake in its wind-power business to China Investment Corp. for $2.2 billion to raise cash for expansion

AC Moore Arts & Crafts posts 3Q loss, lower sales - CNBC
NEW YORK - A.C. Moore Arts & Crafts Inc. posted a bigger third-quarter loss on Friday, saying promotions aimed at getting customers in its stores crimped the craft store operator’s margins. Revenue declined 9 percent. CEO Rick Lepley said the

Analyst: GM ‘Scared’ Off By Partners In Proposed Opel Deal - Radio Free Europe
The board of directors of U.S. automaker General Motors (GM) has decided not to sell its shares of Opel, putting an end to months of talks that seemed to be leading to the acquisition of Opel by a consortium consisting of Canada’s Magna and Russia’s

Agrium’s raised bid rejected again by CF - Financial Post
However, it took only minutes for CF to fire off another rejection and claim that its own offer for Terra Industries Inc. is more valuable than Agrium’s bid for CF. Agrium called this its “best and final” offer for its U.S. agriculture rival, which

AIG Earns Profit for 2nd-Straight Quarter - CBS News
Events pertaining to the insurance giant since it began receiving massive amounts of cash from the U.S. government. Stories Watchdog Report: $700B Bailout Working (AP) AIG said Friday it was profitable for the second straight quarter as its core

Nvidia shares 6% as earnings rise - Investors Business Daily
SAN FRANCISCO (MarketWatch) — Nvidia Corp. shares climbed more than 6% Friday, gaining after the graphics chip maker reported 74% growth in third-quarter net earnings, aided by what Chief Executive Jen-Hsun Huang described as “healthy market demand

RBS in 3Q loss; U.S. division loses $67M - Providence Business News
EDINBURGH – Royal Bank of Scotland Group Plc, the government-controlled bank that owns Providence-based Citizens Financial Group Inc., on Friday said it lost nearly $3 billion in the third quarter after putting aside $5.5 billion to cover bad loans

UPDATE 3-NEC plans $1.5 bln share sale after losses - Reuters UK
TOKYO, Nov 6 (Reuters) - NEC Corp ( 6701.T ), Japan’s biggest PC maker, plans to raise 133.9 billion yen year operating profit outlook by 40 percent last week, is desperate to shore up its capital, weakened by losses at semiconductor unit NEC

AES to Sell Stock, Wind-Power Stake to China’s CIC (Update2) - Bloomberg
Nov. 6 (Bloomberg) — AES Corp. , the U.S. power producer with operations in 29 countries, agreed to sell $1.58 billion in stock and a 35 percent stake in its wind-power business to China Investment Corp. for $2.2 billion to raise cash for expansion

AC Moore Arts & Crafts posts 3Q loss, lower sales - CNBC
NEW YORK - A.C. Moore Arts & Crafts Inc. posted a bigger third-quarter loss on Friday, saying promotions aimed at getting customers in its stores crimped the craft store operator’s margins. Revenue declined 9 percent. CEO Rick Lepley said the

Analyst: GM ‘Scared’ Off By Partners In Proposed Opel Deal - Radio Free Europe
The board of directors of U.S. automaker General Motors (GM) has decided not to sell its shares of Opel, putting an end to months of talks that seemed to be leading to the acquisition of Opel by a consortium consisting of Canada’s Magna and Russia’s

Agrium’s raised bid rejected again by CF - Financial Post
However, it took only minutes for CF to fire off another rejection and claim that its own offer for Terra Industries Inc. is more valuable than Agrium’s bid for CF. Agrium called this its “best and final” offer for its U.S. agriculture rival, which

AIG Earns Profit for 2nd-Straight Quarter - CBS News
Events pertaining to the insurance giant since it began receiving massive amounts of cash from the U.S. government. Stories Watchdog Report: $700B Bailout Working (AP) AIG said Friday it was profitable for the second straight quarter as its core

Nvidia shares 6% as earnings rise - Investors Business Daily
SAN FRANCISCO (MarketWatch) — Nvidia Corp. shares climbed more than 6% Friday, gaining after the graphics chip maker reported 74% growth in third-quarter net earnings, aided by what Chief Executive Jen-Hsun Huang described as “healthy market demand

RBS in 3Q loss; U.S. division loses $67M - Providence Business News
EDINBURGH – Royal Bank of Scotland Group Plc, the government-controlled bank that owns Providence-based Citizens Financial Group Inc., on Friday said it lost nearly $3 billion in the third quarter after putting aside $5.5 billion to cover bad loans