NEW YORK (Reuters) - U.S. stocks ended mostly flat in a holiday-shortened session on Friday as a massive decline in the energy sector offset strength in consumer names, but major indexes rose for a sixth straight week.
By Barani Krishnan NEW YORK (Reuters) - U.S. crude fell 7 percent on OPEC's decision to not cut output, but light trading on Friday after the U.S. Thanksgiving Day holiday meant there could be more losses when markets return to full strength next week, traders said. West Texas Intermediate (WTI) light U.S. crude hit a four-and-half-year low of $67.75 a barrel overnight after Saudi Arabia blocked calls on Thursday from poorer members of the Organization of the Petroleum Exporting Countries to reduce production. U.S. ...
LONDON (Reuters) - Procter & Gamble Co is working with Goldman Sachs to explore the sale of its Wella hair care business that could be worth around $7 billion, sources familiar with the matter told Reuters, as the world's largest consumer products company streamlines its business.
LONDON (Reuters) - Vodafone is reviewing potential acquisitions, including of Europe's leading cable operator Liberty Global , to counter the pending consolidation among rivals in Britain, five people close to the matter said.