Consumer Goods & Retail

UPDATE 4-Opel chief leaves following failed deal Friday, 6 Nov 2009

* GM's Lutz to chair Opel supervisory board-source (Recasts with GM confirmation)  Full Article

 
UPDATE 4-Starbucks raises outlook as turnaround signs mount Friday, 6 Nov 2009 

* Shares climb nearly 4 percent (Adds analyst comments, executive comments on global expansion, details of product expansion)  Full Article  

PREVIEW-UPDATE 1-Kraft in waiting game as Cadbury deadline nears Friday, 6 Nov 2009 

LONDON, Nov 6 (Reuters) - Kraft Foods is persisting in its waiting game as a deadline for its acquisition of British confectioner Cadbury nears, and many see a formal bid coming in close to its tight first offer.  Full Article  

WRAPUP 3-GM readies Opel plan, workers strike Friday, 6 Nov 2009

DETROIT/RUSSELSHEIM, Germany, Nov 5 (Reuters) - General Motors Co [GM.UL] on Thursday said it was readying a plan to restructure Opel and could pay off debt due this month as German workers went on strike to protest the automakers decision to keep the European unit.  Full Article

 
UPDATE 1-Fiat CEO says time not right to list Auto unit Friday, 6 Nov 2009

* Mergers will continue, but with different management style  Full Article

 
Audi raises 2009 vehicle sales expectations-paper Friday, 6 Nov 2009

FRANKFURT, Nov 6 (Reuters) - Volkswagen's premium brand Audi expects its vehicle sales to fall less than previously thought to over 920,000 vehicles this year, Audi sales chief Peter Schwarzenbauer told a German newspaper.  Full Article

 
UPDATE 4-Magna shares race higher on earnings, Opel fallout Friday, 6 Nov 2009

* Shares end up 14.2 pct in Toronto, 13.1 pct in New York  Full Article

 
UPDATE 1-PSA says supplier base needs to consolidate Friday, 6 Nov 2009

* PSA says giving 250 mln euros directly to suppliers in '09  Full Article

 
RLPC-UPDATE 1-Porsche pushes to agree 8.5 bln eur loan-bankers Friday, 6 Nov 2009

* Porsche wants deal before Nov. 11 board meet - bankers  Full Article

 
UPDATE 2-Hermes outshines rivals, optimistic about Christmas Friday, 6 Nov 2009

* Hermes says to exceed target of flat sales at constant fx  Full Article

 
UPDATE 1-Target fights Wal-Mart with $10 offers on DVDs Friday, 6 Nov 2009

NEW YORK, Nov 6 (Reuters) - Target Corp is offering its top 10 pre-order DVD movie titles at $10 and free home delivery on the discounted DVDs in a bid to match Wal-Mart Stores Inc's price cuts ahead of the all-important holiday season.  Full Article

 
PREVIEW-Sainsbury H1 profit seen up 16 percent, H2 tougher Friday, 6 Nov 2009

* TNS, Nielsen UK grocery market data on Tuesday, Nov. 10  Full Article

 

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Commodities

Commodity Last Pct Chg Trade Date/Time
Oil 76.05 -2.55% 6 Nov 22:22 GMT
Gold 1095.7 +0.58% 6 Nov 00:00 GMT