NEW ORLEANS (Reuters) - More than 3,000 former users of Merck & Co's withdrawn Vioxx pain drug have already signed up to take part in a $4.85 billion settlement deal that a federal judge on Friday declared was in the best interests of both sides.
Consumer sentiment up despite recession talk
CHICAGO (Reuters) - Consumers' mood brightened a bit in January, defying expectations driven by the constant drumbeat of talk about a possible recession, weak jobs market and falling stock prices.
370,000 homeowners aided in second half of ‘07
NEW YORK (Reuters) - About 370,000 strapped U.S. borrowers averted foreclosure last year as a large number of homeowners responded to a government-backed effort by the mortgage industry to stem surging delinquencies.
Cramer’s Latest Lightning Round.
Hewitt Associates (HEW - Cramer's Take - Stockpickr - Rating): "It does actuary business. ... It's just kind of a good put-it-away company. Don't buy it all at once." Dell (DELL - Cramer's Take - Stockpickr - Rating): "I see very little upside in Dell. There's just too many players in ...
Sprint posts steep subscriber losses
NEW YORK (Reuters) - Sprint Nextel Corp reported deeper than expected subscriber losses on Friday and said it would cut about 4,000 jobs, sending its shares down 26 percent and raising fears that an economic slowdown would take a greater toll on the wireless industry .