Suitors back away from Dell bids amid PC slump
Buyout specialist Blackstone Group LP is dropping its effort to acquire Dell, and billionaire investor Carl Icahn is reportedly unlikely to follow ...
SeaWorld makes a splash on NYSE as stock gains
SeaWorld Entertainment Inc. made a splash Friday in its first day of trading on the New York Stock Exchange. The owner of theme parks famous for water ...
Microsoft shares up after reassuring 3Q report
Microsoft bucked the gravitational pull of a recent report on flagging PC sales and its shares rose Friday after topping Wall Street expectations for ...
Capital One 1Q profit drops 25 pct; sales up
Capital One Financial Corp. said Thursday that its first-quarter net income tumbled 25 percent from the same period last year, when the lender booked ...
Tuning in: Twitter launches music app
Twitter has launched a service that lets people find music they like and tweet songs from iTunes, Spotify and Rdio. Twitter made the app available for ...
Intelsat to raise $472 million in public offering
Satellite operator Intelsat SA says it expects to raise around $471.7 million from an initial public offering It has set the price for 19.3 million ...
Mattel 1Q profit rises, Monster High sales climb
Move over Barbie. Mattel said Wednesday its first-quarter net income more than quadrupled helped by strong sales of dolls like Monster High, Disney ...
Fairway's stock has strong trading debut
Shares of Fairway had a strong trading debut Wednesday, as the popular New York grocery store chain outlined plans to expand its footprint.
Apple stock falls to one-year low on supplier news
Shares of Apple Inc. fell below $400 for the first time in a year and half on Wednesday, after a supplier hinted at a slowdown in iPhone and iPad ...
Correction: Thermo Fisher-Life Technologies story
In an April 15 story about Thermo Fisher Inc.'s plan to buy Life Technologies Corp., The Associated Press misidentified the gender of Morningstar ...
Coca-Cola's independent bottlers see shifting role
Coca-Cola has struck preliminary deals to begin handing back more of its U.S. distribution network to independent bottlers, a move that's expected to ...
Dell, Icahn agree on a share ownership cap
Dell Inc. and Carl Icahn have agreed to cap his stake in the personal computer maker while a special board committee considers competing takeover bids ...
Citigroup execs sound a cautious note
Citigroup isn't convinced the economy is back. The bank on Monday announced strong first-quarter results, but executives were more cautious than ...
Dish Network offering to buy Sprint in $25.5B deal
Dish Network Corp. is trying to snag U.S. wireless carrier Sprint Nextel away from a Japanese suitor, the latest sign that satellite dishes are losing ...
RIM seeks probe into report on BlackBerry returns
The maker of the BlackBerry said Friday that it wants U.S. and Canadian regulators to investigate a "false and misleading" report by a financial ...
Investors dump Microsoft, PC stocks on bleak news
If fewer people are interested in buying a new personal computer, then fewer investors want to own stakes in companies whose fortunes are tied to the ...
New owners move Burger King CEO to Heinz helm
The new owners of Heinz are tapping Burger King CEO Bernardo Hees as the company's next top executive, a move that installs one of their own at the ...
Taylor Morrison rises in 1st day as public company
Shares of Taylor Morrison Home Corp. are rising in its debut as a publicly traded company. The homebuilder's entry on the New York Stock Exchange ...
KPMG resigns as auditor for Herbalife, Skechers
Accounting firm KPMG has resigned as the auditor for nutrition company Herbalife and shoe retailer Skechers after a rogue partner allegedly leaked ...
Major Dell shareholder favors recent buyout offers
Dell's largest independent shareholder is leaning toward supporting one of the two bidders trying to scuttle the slumping personal computer maker's ...
Microsoft assault on Google shows industry shift
Microsoft is skewering Google again with ads and regulatory bashing that say as much about the dramatic shift in the technology industry's competitive ...
JC Penney looks to old CEO to secure its future
J.C. Penney is hoping its former CEO can revive the retailer after a risky turnaround strategy backfired and led to massive losses and steep sales ...
Bernanke notes 'stress tests' show stronger banks
The Federal Reserve's annual "stress tests" of major U.S. banks have become better able to detect risks, Chairman Ben Bernanke said Monday night.
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