Analyst expects Hospitality Properties Trust to reinstate cash dividend in 2010; stocks climb

Hospitality Properties Trust upgraded; stocks rise

Green Mountain’s $265M-all-cash bid trumps Peet’s offer for Diedrich; Peet’s mulls options

Diedrich: Green Mountain’s $265M bid superior

AP Source: No suitors have emerged to buy Saab after specialty car maker pulled out of deal

AP Source: GM not talking to any new Saab suitors

US Bancorp plans to sell 3 Texas banking operations it recently took over from failed FBOP

US Bancorp to sell 3 Texas banking units

MINNEAPOLIS — U.S. Bancorp said Wednesday it plans to sell three Texas banks it recently acquired when it took over FBOP Corp.’s banking operations last month.

Ericsson to buy North American GSM business from Nortel for $70 million

Ericsson to buy Nortel business for $70M

NEW YORK — LM Ericsson of Sweden said Wednesday it plans to buy Nortel Networks Corp.’s North American GSM business for $70 million in cash.

Microsoft’s top finance executive to leave after cutting costs, stockpiling $36.7 billion

Microsoft says cost-cutting CFO to step down

GM sale of Saab fails; car brand likely to close down after Swedish buyer pulls out of deal

Saab likely to close as GM fails to sell car brand

Executive: Asarco to be profitable, competitive, environmentally sound under Grupo Mexico

Exec says new Asarco to be profitable, competitive

Washington Wizards’ Abe Pollin, NBA’s longest-tenured owner, dies at 85

Washington Wizards owner Abe Pollin dies at 85

Ailing Syracuse-based grocer plans to close 53 NY markets, 2 warehouses, lay off 4,000-plus

NY grocer plans to close 53 stores, lay off 4,000

Kimberly-Clark to buy all remaining shares of medical device maker I-Flow

Kimberly-Clark to buy medical device maker I-Flow

Senators press European regulators to speed up probe of Sun’s $7.4 billion takeover by Oracle

john kerry
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Interactive Data to buy online financial data business from Dow Jones

Interactive Data to buy Dow Jones’ online business

Central European Distribution Corp. unit prices senior secured notes due in 2016

CEDC prices offering of notes due in 2016

BALA CYNWYD, Pa. — A Central European Distribution Corp. subsidiary said Tuesday it priced its offering of senior secured notes due in 2016.

Koenigsegg backs out of plan to buy Saab from GM, casting doubt on future of Swedish brand

Saab future unclear as sale to Swedish firm fails

Top NY court rules that state can seize property to build new arena for New Jersey Nets

Court: NY can seize property for new NJ Nets arena

Windstream to buy Iowa Telecom for $1.1 billion to expand reach into Iowa and Minnesota

Windstream to buy Iowa Telecom for $1.1 billion

Citigroup sells Diners Club North American franchise to BMO Financial Group

Citigroup sells Diners Club N. American ops

BMO Financial Group to purchase Diners Club North American franchise from Citigroup

BMO Financial to buy Diners Club N. American ops

Newmont Mining agrees to sell 14 percent share in Indonesian venture for $494 million

Newmont to sell Indonesia venture stake for $494M

Dynex buys Deutsche Bank share of joint venture for $9.5M, will take $3M charge in 4Q

Dynex buys Deutsche Bank share of joint venture

Peet’s Coffee raises offer for Diedrich Coffee to $32 per share to top Green Mountain

Peet’s raises offer for Diedrich to $265M

EMERYVILLE, Calif. — Peet’s Coffee & Tea Inc., hoping for a stake in the growing single-serve coffee brewing market, on Monday boosted its bid for a wholesale roaster and distributor by 24 percent.

Brynwood Partners VI buys Balance Bar from Kraft Foods, terms not disclosed

Brynwood Partners VI buys Balance Bar from Kraft

Google buys Silicon Valley startup Teracent as part of its expansion into display advertising

Google scoops up display ad specialist Teracent

MGP Ingredients to reopen Illinois plant under joint venture, rehire up to 60 employees

MGP Ingredients to reopen Illinois plant

ATCHISON, Kan. — MGP Ingredients Inc. says it has entered a partnership that will allow it to reopen distillery operations at a plant in Pekin, Ill.

Sens. Reid and Dodd may pay a price for their clout on health care, financial regulation

President Barack Obama speaks briefly on Afghanistan
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Lions sell out Thanksgiving NFL game against Packers, making it available on local TV

Lions sell out Thanksgiving NFL game vs. Packers

Praxair’s Chinese unit wins contract to sell gases to solar cell manufacturing company

Praxair to sell gases to Chinese solar cell maker

Analyst predicts small auto sales comeback next year; says weak economy will limit recovery

Analyst predicts small auto sales comeback in 2010

Pension drops lawsuit vs. ACS over purchase by Xerox after copier company makes concessions

Pension drops lawsuit against ACS over Xerox buy

Ciena buys Nortel business units for $769 million in cash and debt

Ciena buys Nortel business units for $769M

Britain’s Heritage Oil PLC agrees to sell Ugandan fields to Italy’s Eni, drops bid for Genel

Heritage Oil to sell Ugandan fields to Italy’s Eni

David Beckham: I will return for 4th MLS season, will eventually buy MLS franchise

Beckham promises to return to MLS, buy franchise

Report: British candy giant Cadbury not too sweet on Hershey Co. takeover offer

Report: UK’s Cadbury won’t bite on Hershey offer

AP News in Brief


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