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Yahoo! News: Business
Updated : Thu, 20 Nov 2008 03:29:03 GMT

Pershing's Ackman sets new Target plan but shares fall (Reuters)

Reuters - Hedge fund manager William Ackman unveiled on Wednesday his latest plan to boost Target Corp's stock price by forming a trust that owns the land under its discount stores, and then spinning off 20 percent of that trust in an initial public offering.



Publ.Date : Wed, 19 Nov 2008 19:32:42 GMT

Limited Brands posts lower net profit, shaves view (Reuters)
Reuters - Limited Brands , the retailer whose main chains are Victoria's Secret and Bath and Body Works, posted lower net profit on Wednesday and trimmed its full-year earnings outlook.
Publ.Date : Wed, 19 Nov 2008 23:33:15 GMT

U.S. probing Golden West lending, sale: prosecutor (Reuters)
Reuters - The government is investigating if homeowners were misled by California bank and mortgage issuer Golden West Financial, which was acquired by Wachovia Corp -- another possible victim.
Publ.Date : Thu, 20 Nov 2008 01:30:11 GMT

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