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SAN FRANCISCO - Hewlett-Packard Co , the world’s largegest personal computer maker, issued a better-than-expected quarterly profit and outlook on Monday, driven by strong sales of notebook computers.

NEW YORK - The $4 billion sale of loans backing Cerberus Capital Management LP August purchase of Chrysler LLC that was to take place this week will likely be postponed, the Wall Street Journal reported on Monday.

NEW YORK - Citigroup Inc shares suffered a fresh beating on Monday after Goldman Sachs & Co downgraded the stock to “sell” from “neutral,” and has said the largegest United States bank may have to write off $15 billion over the next two quarters as mortgage losses reduce earnings.

LOS ANGELES - Target Corp has said on Monday it still expects November sales at stores open at least a year to rise between 2 percent to 4 percent, adjusted for a calendar shift.

WASHINGTON, Nov 19 - Two United States senators on the
antitrust subcommittee urged the Federal Trade Commission’s
chairman to submit Google Inc’s purchase of
advertising company DoubleClick to “serious scrutiny.”

CHICAGO - Medtronic Inc. on Monday has said quarterly net earnings fell 2 percent from a year ago as the recall of a component used with its implantable devices to treat abnormal heart rhythms hurt revenue.

LOS ANGELES - Upscale department store chain Nordstrom Inc. reported higher quarterly net earnings on Monday, helped by a gain from the sale of its Faconnable business and an extra week compared with the same period last year.

The stock market by mid-day on Monday was heading toward another hefty
loss and analysts were blaming - what else - fallout
from the sub-prime market for the bearish behavior of investors.

Two large housing related corporations seemed to be
causing most of the concern, but there were ancillary contributions from
an overseas corporation and from the National Association of Home
Builders…

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