AFP - WASHINGTON (AFP) - US pending home sales rose dramatically in July, a trade group said Thursday, promising a much-needed boost to the sluggish housing market.
AFP - NEW YORK (AFP) - US computer giant Dell dropped out of the bidding for 3PAR on Thursday after Hewlett-Packard raised its offer for the data storage company to 33 dollars per share or 2.4 billion dollars.
The Canadian Press - MONTREAL - Boeing Co. (NYSE:BA) predicts that Bombardier Aerospace (TSX:BBD.B) will face many of the same headaches developing its new CSeries aircraft that caused delays with Boeing's 787 Dreamliner.
The Canadian Press - CALGARY - Alberta pension fund manager AIMCo says it has been approached by some government wealth funds and others to make a bid for fertilizer giant PotashCorp. (TSX:POT).