Investment News Briefs

Stanley Works Nails Black & Decker Deal; Credit Suisse Triples AIG Earnings Forecast; BofA to Pay Back $20 Billion in TARP Funds; RIM Shares Hit by New Phones; Pending Contracts on Existing Homes Jump; Obama Warns of More Job Losses; New Merck Drug Denied By FDA; Pay Czar Hopes Other TARP Banks Follow His Lead on Cuts