Reuters – Canada’s Goldcorp Inc agreed to buy gold miner Andean Resources Ltd for C$3.6 billion ($3.4 billion), trumping a competing offer from rival Eldorado Gold Corp .
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Corrected: Canada’s Goldcorp to buy Andean for $3.4 billion
(Reuters)
AP – H&R Block Inc. on Thursday said its fiscal first-quarter loss narrowed by 2 percent as it reduced staffing and other expenses.
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H&R Block 1Q loss narrows despite revenue decline
(AP)
AP – COMPANY: Pernod Ricard SA, Paris-based drink maker known for its anise-flavored aperitifs as well as Beefeater gin and recently acquired Absolut vodka reported its full-year earnings Thursday.
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Summary Box: Pernod Ricard earnings
(AP)
Four members of the environmental group had clung to the rig for two days to protest drilling in the Arctic. They were forced to abandon their protest because of a storm. The rig is owned by Edinburgh-based Cairn Energy.
AP – Del Monte Foods Co. said Thursday that its fiscal first-quarter profit edged up 1.4 percent, but revenue softened on weakness in the consumer business and the company trimmed its expectations for revenue growth this year.
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Del Monte 1Q profit edges up, but revenue slips
(AP)
AP – Campbell Soup Co., the world’s largest soup maker, reports its fourth-quarter and year-end results before the market opens Friday.
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Earnings Preview: Campbell Soup Co.
(AP)
The Justice Department accuses Hakimullah Mehsud of planning the December 2009 attack in which a suicide bomber detonated explosives at a CIA base in Khost, Afghanistan, killing a Jordanian intelligence officer and seven CIA employees. It also placed the Pakistani group on its international terrorism blacklist.
AP – Major banks are agreeing to give local governments and nonprofit groups the ability to buy foreclosed homes before they are sold to private investors.
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Banks to allow local groups to buy foreclosures
(AP)
AP – Borders Group Inc. reported a slightly larger loss in the second quarter on lower revenue and said it will add more items besides books in its stores to boost revenue.
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Borders 2nd-quarter loss widens
(AP)
AP – Spain’s deficit is down sharply thanks to an unpopular cocktail of tax hikes and austerity cuts — good news for a government fighting to ward off fears it might need a bailout like the one that saved Greece from bankruptcy.
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Spain halves deficit with painful austerity cuts
(AP)
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