Delta will pay dividend, buy back shares
Delta Air Lines will start paying a quarterly dividend and buy back some of its shares — investor-friendly moves common in other industries but rare ...
Ferguson key in Man U's financial transformation
Manchester United and Sir Alex Ferguson. Apple and Steve Jobs. Will one of the world's most recognized soccer clubs face the same challenges the ...
Aruba Networks plunges on revised outlook
Shares of Aruba Networks fell sharply before the opening bell Tuesday after the company nearly halved its third-quarter adjusted profit expectations ...
BMC Software agrees to be sold for $6.6 billion
BMC Software Inc. has agreed to be sold to a private investor group for about $6.6 billion in cash. The Houston-based maker of system management ...
Kraft's 1Q profit beats Wall Street expectations
Kraft Foods is reviving old brands like Kool-Aid and betting on big new innovations as it begins finding its way as a smaller, independent company.
NY judge to OK Empire State Building settlement
A Manhattan judge on Thursday backed a $55 million settlement in a court battle over the Empire State Building, effectively clearing the way for a ...
Intel taps COO Krzanich as chipmaker's next CEO
Intel, one of the pillars of Silicon Valley, is following its traditions and promoting an insider to the job of CEO. The world's largest chipmaker is ...
Mobile ads help grow Facebook's 1Q revenue 38 pct.
A year ago, Facebook was just testing the waters of mobile advertising, causing plenty of headaches for investors ahead of its massive initial public ...
Generic competition cuts Merck's Q1 sales, profit
Merck & Co. on Wednesday posted disappointing first-quarter results and cut its earnings forecast for the year. But the world's third-largest ...
Time Warner 1Q earnings climb, beats Street
Earnings at Time Warner Inc. grew 24 percent in the first three months of the year despite a slight drop in revenue, as the company benefited from ...
Apple sells $17 billion in bonds in record deal
Apple Inc. sold $17 billion in bonds Tuesday in a record deal spurred by the company's plan to placate its frustrated shareholders. The Cupertino, ...
Yahoo CEO ranked 2nd on company's 2012 pay scale
Yahoo CEO Marissa Mayer emerged as the Internet company's second highest paid executive during her first five-and-half months on the job.
Empire State Building IPO clears NY legal hurdle
A legal challenge to an ambitious plan to let the public buy shares in one of New York City's most famous landmarks — the Empire State Building — was ...
Best Buy exits Europe, selling joint venture stake
Best Buy is looking to exit Europe, selling its stake in its joint venture there to partner Carphone Warehouse Group PLC in a cash-and-stock deal ...
T-Mobile USA set to close acquisition of MetroPCS
T-Mobile USA, the country's fourth-largest cellphone carrier, is set to complete its acquisition of MetroPCS after the stock market closes on Tuesday.
Aetna 1Q profit slips 4 pct, boosts 2013 forecast
Aetna's first-quarter net income fell 4 percent as acquisition-related costs and rising health care expenses more than offset government business ...
JC Penney to get $1.75B in financing
J.C. Penney on Monday confirmed that Goldman Sachs will provide it with $1.75 billion in financing. Rumors about the financing had begun to circulate ...
Facebook CEO reaped $2.3B gain on stock options
Facebook CEO Mark Zuckerberg reaped a gain of nearly $2.3 billion last year when he exercised 60 million stock options just before the online social ...
Burger King 1Q earnings soar, revenue shrinks
Burger King's first-quarter earnings more than doubled even though revenue fell, as the fast-food chain trimmed several restaurant-related expenses.
Amazon shares fall after 1Q results
Amazon.com took a hit Friday after its revenue forecast caught investors off guard. THE SPARK: Amazon's first-quarter earnings were stronger than ...
Stocks edge higher as job market improves
The engines driving the stock market were more tepid than turbocharged Thursday, but they were enough to help stocks rise for a fifth straight day.
New York Times posts sharp 1Q profit decline
The New York Times Co. reported a sharp decline in its first-quarter earnings on Thursday mainly because businesses it sold last year were not ...
Safeway's sales disappoint amid rising competition
Safeway Inc. reported revenue for the first quarter that missed Wall Street expectations as the grocer worked to hold down prices and stay competitive
Hershey's profit climbs as sales increase
Hershey says its net income rose in the first quarter as it sold more of its namesake chocolates and benefited from lower costs for ingredients.
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