- GM Seeks Deep Cuts at Opel - 02/07/2012 07:53 PM
GM is preparing to disclose "horrendous" fourth quarter losses at its European Opel/Vauxhall unit and is demanding deep cuts from labor unions there.
- How JetBlue Cracked Boston - 02/07/2012 07:20 PM
JetBlue Airways has become the largest carrier at Boston's Logan International Airport, where it was once refused admission, a turnabout aided by its flexible strategy.
- Yahoo Shakes Up Board - 02/07/2012 06:21 PM
Yahoo said Chairman Roy Bostock and three other directors have volunteered not to stand for re-election to the company's board. The company named two new outside directors.
- Canadians Dish Out U.S.-Dollar Debt - 02/07/2012 07:21 PM
Investor hunger for top-rated sovereign debt prompted the Canadian government to launch a rare U.S.-dollar bond, capitalizing on the country's status as one of the few havens in these turbulent times.
- Caesars Prices Offering at $9 a Share - 02/07/2012 07:59 PM
Caesars priced 1.81 million shares of its stock at $9 a share to raise around $16.3 million, a small amount but one that opens the door for some investors to cash out.
- Investors Squawk at Xstrata's Big Deal - 02/07/2012 07:50 PM
Large shareholders of Xstrata came out against the company's plan to merge with Glencore International, highlighting what could be a difficult task selling the giant deal to shareholders and regulators.
- Illumina Rejects Roche Offer - 02/07/2012 07:47 PM
Gene-sequencing company Illumina rejected a takeover bid from drug maker Roche, calling the Swiss company's offer inadequate.
- Disney Profit Rises 12% - 02/07/2012 06:54 PM
Disney's fiscal first-quarter profit climbed as its ESPN network collected higher rates from cable-system operators and theme-park attendance and prices increased.
- Prosecutors Broaden Charges in Insider Case - 02/07/2012 06:23 PM
Federal prosecutors have brought additional fraud charges against two former hedge-fund managers in an alleged "criminal club" that made $61.8 million through improper trades.
- Blue Chips Hit a Yearly High - 02/07/2012 07:52 PM
Blue chips closed at a fresh multiyear high as investors saw progress in Greece over austerity measures to address its debt crisis.
- Coke to Spend More on Marketing - 02/07/2012 06:25 PM
Coca-Cola plans to plow up to $650 million in new, annual cost savings back into supporting growth for its brands.
- MasterCard Doubles Quarterly Payout - 02/07/2012 01:32 PM
The credit-card processor said it will double its quarterly dividend after a strong year in which it grew profit and revenue despite new regulations and mounting economic pressures.
- Toyota Talks Up Despite Down Quarter - 02/07/2012 06:15 PM
Toyota lifted its full-year net income forecast, but expects its earnings to come in at nearly half the level of last year, and below the profitability projections of its smaller Japanese rivals.
- Tussle in China Over iPad Name - 02/07/2012 02:21 PM
Proview Technology (Shenzhen) has filed for a temporary restraining order in a Shanghai court to stop Apple from using the iPad name in mainland China.
- Glaxo Repatriates Euro-Zone Cash - 02/07/2012 07:51 PM
Glaxo has been funneling cash back to the U.K. daily from banks in euro-zone countries as part of its strategy to reduce exposure to risks of a possible breakdown of the European monetary system.
- Wal-Mart to Expand in Canada - 02/07/2012 11:03 AM
Wal-Mart will spend about $753 million to expand its presence in Canada ahead of the opening of rival Target's first stores in the country early next year.
- Cost Cuts Lift McClatchy - 02/07/2012 01:19 PM
McClatchy's fourth-quarter earnings nearly tripled as cost cutting at the newspaper publishing company helped to mitigate declining advertising and circulation revenue.
|
