Last Build Date: Wed, 26 Oct 2016 00:36:03 EDTCopyright: copyright © 2016 Dow Jones & Company, Inc.
Tue, 25 Oct 2016 20:39:03 EDTMedia mogul Sumner Redstone has sued two former companions, alleging they abused him, took more than $150 million and left him in debt.
Tue, 25 Oct 2016 20:09:31 EDTMondelez International Inc., the maker of Oreo cookies and Ritz crackers, is scheduled to report its second-quarter earnings before the market opens Wednesday.
Tue, 25 Oct 2016 19:42:37 EDTShares of Edwards Lifesciences fell sharply in after-hours trading Tuesday after the medical-device maker reported lower-than-expected sales of its minimally-invasive heart valves in the third quarter.
Tue, 25 Oct 2016 19:21:25 EDTOnline lender LendingClub Corp. said Tuesday that it was expanding into auto loans, a change in tack for a company that has spent nearly six months retrenching following the ouster of its founder and chief executive.
Tue, 25 Oct 2016 17:27:15 EDTBillionaire Sam Zell’s real-estate company Equity Residential reported its third straight revenue decline and revised its financial targets for the year on continued market weakness.
Tue, 25 Oct 2016 17:07:59 EDTVertex Pharmaceuticals cut its quarterly loss in half as sales rose 34%, driven by its cystic fibrosis drugs Kalydeco and Orkambi.
Tue, 25 Oct 2016 16:48:24 EDTGerman engineering giant Thyssenkrupp is in talks with Ternium to sell its large steel plant in Brazil, a step that would finish unwinding the German company’s unsuccessful investment push in the Americas, according to people familiar with the matter.
Tue, 25 Oct 2016 16:28:28 EDTEdwards Lifesciences said its third-quarter earnings rose 20% as sales of its nonsurgical heart valves continued to drive the medical device maker’s results.
Tue, 25 Oct 2016 21:58:45 EDTVolkswagen received final approval of a $14.7 billion deal reached with consumers and government agencies that could get nearly half a million dirty diesel vehicles off U.S. roads.
Tue, 25 Oct 2016 14:32:09 EDTOil-well servicer Basic Energy Services Inc. filed for bankruptcy protection on Tuesday with a plan to cut some of its $1.14 billion in debt, unable to wait for energy prices to rebound.
Tue, 25 Oct 2016 13:00:07 EDTOneWeb, a satellite-internet startup whose backers include Airbus and entrepreneur Richard Branson, is in talks with Japan’s SoftBank Group about a potential strategic linkup, according to people familiar with the matter.
Tue, 25 Oct 2016 11:54:21 EDTMerck & Co.’s immunotherapy cancer drug Keytruda received U.S. Food and Drug Administration approval as a first-line treatment for certain lung cancer patients.
Tue, 25 Oct 2016 11:34:25 EDTThe U.S. Defense Department said it may split a $14 billion order for the next two batches of F-35 combat jets after failing to reach agreement on a single deal with lead contractor Lockheed Martin.
Tue, 25 Oct 2016 11:21:48 EDTInvestors will be looking for updates on Coke’s divestment drive as it focuses on its more profitable concentrate business
Tue, 25 Oct 2016 10:40:53 EDTValero Energy said its third-quarter earnings fell 55% as its refining business was hit by weaker margins for gasoline and other refined products. Per-share earnings, excluding certain items, and revenue topped expectations.
Tue, 25 Oct 2016 10:09:00 EDTInternational Business Machines is negotiating a settlement with Australia’s government over a bungled effort to oversee the country’s first online census.
Tue, 25 Oct 2016 19:58:24 EDTPete Coors, vice chairman of Molson Coors Brewing, has pursued a series of deals that preserved the independence of the family business, helping his clan survive in an industry other American beer dynasties fled long ago.
Tue, 25 Oct 2016 09:36:28 EDTEven with the British government’s decision to back expansion of London Heathrow Airport, it could take almost a decade before airplanes touch down on the new runway.
Tue, 25 Oct 2016 08:07:52 EDTEgypt’s Suez Canal Authority is in talks with the world’s biggest container-shipping operators to change the way it charges tolls for crossing the waterway by levying charges for three or five years in advance.
Tue, 25 Oct 2016 20:06:34 EDTGerman companies are sitting on a half-trillion dollars of cash but are reluctant to invest it in their own country, potentially threatening the country’s competitive edge and European growth.
Tue, 25 Oct 2016 10:07:50 EDTSwiss seed and pesticide maker Syngenta said regulatory approval of its proposed acquisition by ChemChina is likely to be delayed into early 2017 as regulators seek more information amid a consolidation wave in the sector.
Tue, 25 Oct 2016 06:28:38 EDTNovartis’s third-quarter net income grew thanks to proceeds from its consumer health venture with GlaxoSmithKline, helping to offset declining revenue and heavy investment in its new heart-failure medicine and its ailing eye-care unit.
Tue, 25 Oct 2016 02:54:31 EDTDubai-based port operator DP World handled more containers in the first nine months of the year compared with the same period last year, helped by higher volumes in Europe and India, though its home terminal processed less cargo.
Tue, 25 Oct 2016 11:52:35 EDTThe German government reopened its review of a $728.89 million Chinese takeover of chip equipment maker Aixtron because of security concerns, the buyer said.
Tue, 25 Oct 2016 06:03:26 EDTAs Beijing seeks to root out corruption and stem the flow of money abroad, the Australian casino’s efforts to attract Chinese high rollers could prove a losing bet.
Mon, 24 Oct 2016 22:05:43 EDTGM, Ford and Fiat Chrysler are pledging to expand U.S. capacity to make pickups and SUVs as passenger car sales slump, exacerbating a budding price war for the industry’s best-selling vehicles.
Mon, 24 Oct 2016 21:43:45 EDTGermany’s government has withdrawn its approval of a $729 million Chinese takeover of Aixtron, the company said, the latest sign of government alarm about a wave of Chinese takeovers.
Mon, 24 Oct 2016 21:32:01 EDTThe company’s decision to close all of its 10 business operations in Europe is the latest sign that may be heading toward liquidation.
Tue, 25 Oct 2016 08:38:20 EDTAT&T’s $85.4 billion deal to buy Time Warner sails toward two cresting waves of opposition: resurgent antitrust enforcement in Washington and politicians fired by a new bipartisan populist rage.
Mon, 24 Oct 2016 19:35:46 EDTData from job-search site Indeed.com shows retailers, and the warehouse and logistics firms they compete with for seasonal labor, started searching for temporary workers a month earlier than in recent years.
Mon, 24 Oct 2016 18:58:34 EDTNordstrom CFO Michael G. Koppel intends to retire next spring, the retailer said Monday.
Mon, 24 Oct 2016 17:54:41 EDTGannett Co. plans to cut 2% of jobs and invest in more acquisitions to transform its business, according to a memo to staff, as the newspaper industry struggles with a particularly turbulent advertising environment.
Mon, 24 Oct 2016 23:47:21 EDTAT&T can add Wall Street to the list of parties skeptical of its $85.4 billion deal to buy Time Warner.
Mon, 24 Oct 2016 23:26:41 EDTAuto makers racing against Silicon Valley to develop self-driving cars and electric vehicles face technological challenges with a longstanding mainstay: the dashboard screen.
Mon, 24 Oct 2016 16:37:59 EDTBrazilian state oil company Petroleo Brasileiro and French oil giant Total said Monday they will create a strategic alliance to evaluate and explore energy sector projects.
Mon, 24 Oct 2016 21:42:35 EDTA group of 300 institutional investors, including many with ties to religious organizations, is waging a new campaign to press drugmakers to justify their price increases.
Mon, 24 Oct 2016 18:25:39 EDTHospital operator Catholic Health Initiatives, which has struggled after rapid expansion and a foray into health insurance, is in merger talks with Dignity Health to create one of the nation’s largest nonprofit hospital systems by revenue.
Mon, 24 Oct 2016 15:38:27 EDTThree oil and gas companies reached deals with creditors to quickly slash hundreds of millions of dollars of debt in chapter 11 so they will be ready when energy prices recover.
Mon, 24 Oct 2016 15:34:29 EDTDuPont Co. is scheduled to announce its third-quarter results before the market opens on Tuesday; the pending mega-merger with rival Dow Chemical and its agricultural unit will be in focus.
Mon, 24 Oct 2016 14:23:41 EDTBrazilian aircraft maker Embraer reached an agreement with U.S. and Brazilian authorities to settle an investigation into alleged bribes paid to foreign officials, paying $205 million in compensation, the SEC said.
Mon, 24 Oct 2016 15:12:47 EDTConsumer Reports has pulled its recommendation for the Honda Civic after owners of the popular compact car reported many reliability issues.
Mon, 24 Oct 2016 13:22:45 EDTNew York Times Co. has acquired the consumer guide sites the Wirecutter and the Sweethome, as the company moves to firm up its digital footprint amid the continued erosion of print advertising.
Mon, 24 Oct 2016 12:52:45 EDTTwo major oil pipelines operated by Enterprise Products Partners that run between Oklahoma and the Gulf Coast remain shut Monday after an oil spill.
Mon, 24 Oct 2016 12:46:18 EDTChinese conglomerate HNA plans to buy a roughly 25% stake in Hilton Worldwide from Blackstone Group for $6.5 billion, the latest move into American real estate by a Chinese firm.
Mon, 24 Oct 2016 21:33:45 EDTSyngenta and China National Chemical didn’t submit proposed remedies to resolve the EU’s potential antitrust concerns about their planned merger by Friday’s deadline, sending shares of the Swiss company lower.
Mon, 24 Oct 2016 10:02:39 EDTBrazilian state oil company Petrobras agreed to settle lawsuits from Pimco and three other investors who alleged they were harmed by a corruption scheme that funneled billions of dollars from the company.
Mon, 24 Oct 2016 09:40:36 EDTVF Corp.—which owns brands like Wrangler, Timberland and North Face—trimmed its guidance Monday as the apparel conglomerate continued to cope with weak demand for denim and sportswear.
Mon, 24 Oct 2016 08:57:59 EDTCommunity Bank System Inc. agreed to acquire Merchants Bancshares Inc. in a deal the lenders value at roughly $304 million, which would combine two Northeast regional banks.
Mon, 24 Oct 2016 11:06:57 EDTA cyber-risk expert most recently at the Federal Bureau of Investigation has joined global insurance brokerage Aon to help bolster its efforts to protect corporate clients against damage from hacking.