25 August 2005

bbuy

U.S. Stocks Rise From Six-Week Lows; Best Buy, Retailers Gain http://www.bloomberg.com/apps/news?pid=10000103&sid=a6hm6z73NaTM
U.S. stocks rose from six-week lows as a record-setting rally in oil prices stalled. Retailers such as Best Buy Co. led the advance on speculation consumers will get some relief from higher fuel costs.

Kids under 2 won't need to buy plane tickets
http://www.kron4.com/Global/story.asp?S=3767909
Children under two will still be allowed to sit on their parents' laps when flying on an airplane. The Federal Aviation Administration had considered making safety seats mandatory on planes for small children, which would have required parents to buy extra plane tickets.

Best Buy launching new program http://www.bizjournals.com/denver/stories/2005/08/22/daily46.html?from_rss=1
Two more Colorado Best Buy stores will offer the electronics retailer's improved customer services program starting Aug. 29.

Johnson Controls plans to buy York International for $3.2 billion http://www.bizjournals.com/sanantonio/stories/2005/08/22/daily32.html?from_rss=1
Johnson Controls Inc. has agreed to buy York International Corp., a global heating, ventilating, air-conditioning and refrigeration equipment and services company, for $3.2 billion.

EDC looks to buy more hydro power from Edelca - Venezuela http://www.bnamericas.com/story.jsp?sector=10¬icia=328000&idioma=I
Venezuela's largest private electricity firm EDC aims to buy 10-20% more hydroelectric power from state-owned generation giant Edelca to reduce expensive fuel purchases, EDC officials told BNamericas.

Sun completes SeeBeyond buy
Having completed its acquisition of EAI vendor SeeBeyond, Sun Microsystems joins IBM, BEA Systems, Sonic Software, and others in seeking to become the vendor of choice in providing enterprises with integration tools to build SOAs.

Raycom to Buy Liberty Corp. for $987M
Liberty Corp., owner of 15 TV stations in the South and Midwest, said Thursday that it agreed to be bought out by private broadcasting conglomerate Raycom Media Inc. for about $877 million in cash plus $110 million in assumed debt.

HP May Be Violating Key Tax Break Law's Legislative Guidelines http://news.yahoo.com/news?tmpl=story&u=/ibd/20050825/bs_ibd_ibd/2005825tech
Hewlett-Packard might be stepping into thorny terrain with its plan to use money from overseas units to help buy back stock, as CEO Mark Hurd says the company will do.

Raycom Media Acquiring Liberty's Stations
Raycom Media Inc. agreed Thursday to buy television broadcaster Liberty Corp. of Greenville, S.C., in a $987 million acquisition that will boost Raycom's holdings to 52 TV stations. Liberty shares soared 24 percent on news of the deal.