NEW YORK (Reuters) – Steinway Musical Instruments Inc, the famous manufacturer of pianos, saxophones and trumpets, said on Wednesday it had decided not to sell itself following a 17-month-long exploration of strategic alternatives.An American icon synonymous with handmade grand pianos, Steinway has struggled to keep its production margins competitive amid stagnant sales, and has seen its shares plunge...
Wall Street skids as U.S. heads for "fiscal cliff"
Label: WorldNEW YORK (Reuters) - Stocks fell on Friday, putting the S&P 500 on track for a fifth straight decline, as President Barack Obama and top congressional leaders were to make a last-ditch attempt to steer the United States away from driving off the "fiscal cliff." Obama and lawmakers will meet at the White House Friday afternoon for talks before a New Year's deadline to keep large tax...
Pending home sales hit two-and-half year high in November
Label: BusinessWASHINGTON (Reuters) – Contracts to buy previously owned U.S. homes rose in November to their highest level in 2-1/2 years, an industry group said on Friday, further evidence of a strengthening housing market recovery.The National Association of Realtors said its Pending Home Sales Index, based on contracts signed last month, increased 1.7 percent to 106.4 – the highest level since April 2010 when...
Philip Cunningham Files Early Warning Report for Corporate Catalyst Acquisition Inc.
Label: WorldTitle Post: Philip Cunningham Files Early Warning Report for Corporate Catalyst Acquisition Inc.Rating: 100%based on 99998 ratings.5 user reviews.Author: Fluser SeoLinkThanks for visiting the blog, If any criticism and suggestions please leave a comm...
Stomach bug knocks Nadal from Australian Open
Label: TechnologyMADRID (AP) — Rafael Nadal will miss the Australian Open because of a stomach virus, further delaying his comeback after being sidelined since June.The Spaniard also will skip the preceding Qatar Open. The Australian Open, the year's first Grand Slam tournament, begins Jan. 14. The virus kept Nadal from making his return at Abu Dhabi this week.Nadal said Friday his withdrawals had nothing to do with...
Dec
27
A gunmaker ripe for an ethical takeover
Label: LifestyleSeveral .223 caliber rounds near a Bushmaster XM-15; the manufacturer's owner is putting its gun companies up for sale.STORY HIGHLIGHTSThe owner of America's largest gunmaker is putting firm up for saleJohn MacIntosh says billionaires should lead effort to acquire the gun manufacturerHe says they should change corporate practices to discourage violenceMacIntosh: One leading company could push gun...
British actress Kate Winslet marries for third time
Label: HealthLONDON (Reuters) – British Oscar-winning actress Kate Winslet has married for the third time, her publicist confirmed on Thursday.The 37-year-old, best known for her starring role in the 1997 blockbuster “Titanic”, married Ned RocknRoll, a nephew of music and aviation tycoon Richard Branson.The private ceremony was attended by Winslet’s two children from previous marriages and “a very few friends...
Wall Street falls as senator sees "fiscal cliff" fall
Label: WorldNEW YORK (Reuters) - Stocks declined on Thursday after the leader of Senate Democrats warned the United States appeared headed over the "fiscal cliff" and data showed consumer confidence fell to a four-month low. With only a few days left before devastating tax hikes and spending cuts go into effect, Senate Majority Leader Harry Reid said about the fiscal cliff, "It looks like where we're...
‘Boxing Day record’ for web retail
Label: Business27 December 2012 Last updated at 07:44 ETBy Kevin Peachey Personal finance reporter, BBC NewsRecord numbers visited UK retail websites on Boxing Day, with analysts suggesting shoppers are also using the internet to identify bargains.Information service Experian said UK consumers made 113 million visits to retailers’ websites during 26 December.High Streets are expected to be busy again for the post-Christmas...
Mobile, AL Hotels Ring in 2013 With Giant MoonPie & The Commodores
Label: WorldMOBILE, AL–(Marketwire – Dec 27, 2012) – The corner of St. Joseph and St. Francis streets near this downtown Mobile, AL hotel will be the hot spot for New Year’s fun this year, when The Commodores join the annual MoonPie drop, featuring a laser show and fireworks from atop the RSA BankTrust Building. The Battle House Renaissance Mobile Hotel & Spa, offering Mobile, AL vacation packages, is...
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