Rebel Dell shareholder demands more information
Dell's largest independent shareholder is turning up the pressure against the proposed $24.4 billion sale of the struggling personal computer maker ...
J.C. Penney shares fall after hours on sale report
Shares of J.C. Penney fell 10.6 percent on Tuesday to a four-year low after media reports said a large shareholder sold a chunk of the struggling ...
J.C. Penney shares fall to 4-year low
Shares of J.C. Penney fell 10.6 percent on Tuesday to a four-year low after media reports said a large shareholder sold of a chunk of the struggling ...
Hess, under pressure, to exit retail business
Hess is getting out of the gas station business and ridding itself of its energy trading and marketing businesses, as it shifts its focus further into ...
Humana spends $323K on commuting costs for new CEO
Health insurer Humana Inc. spent about $323,000 last year letting incoming CEO Bruce Broussard use company aircraft to commute to work.
Elan moves to deter takeover bid
Irish drug maker Elan Corp. announced Monday it will pay shareholders a recurring special dividend linked to the sales of the multiple sclerosis ...
New Zealand to sell stake in state power company
New Zealand announced Monday it will sell 49 percent of a state-owned energy company and list the shares on the country's stock exchange in about ...
Apple shareholder drops lawsuit on preferred stock
A disgruntled shareholder pressing Apple to create a new class of preferred stock has dropped a lawsuit that became a moot point after the iPhone and ...
Groupon fires CEO, still faces underlying problems
Now that Groupon has gotten rid of its quirky founder and CEO, the chief question is whether the company's underlying online deals business is ...
Facebook buying Atlas ad business from Microsoft
Facebook is buying a set of online advertising tools called Atlas from Microsoft in its latest attempt to build a more effective marketing system ...
Sears 4Q loss narrows as co. reduces expenses
Sears posted a smaller loss in the fourth quarter from a year ago as it reduced its inventory and expenses while sales at its namesake stores rose ...
Google clings to cash for acquisitions, says CFO
Google plans to cling to its bulging stash of cash to pay for potential acquisitions and other technology investments that might boost future profits, ...
Herbalife to add 2 Icahn reps to its board
Dietary supplements company Herbalife will add two new members to its board of directors at the request of billionaire investor Carl Icahn, who has ...
Barnes & Noble posts 3Q loss as Nook demand slows
Physical books may have a longer shelf life than expected. Barnes & Noble posted a third-quarter loss on Thursday, partly because demand for its ...
Home Depot 4Q results top Street, OKs $17B buyback
Home Depot Inc., the largest U.S. home improvement retailer, said Tuesday its fiscal fourth-quarter net income surged 32 percent, beating ...
Royalty Pharma offers to buy Elan for about $6.5B
Royalty Pharma said Monday that it wants to buy Elan Corp. PLC for about $6.5 billion, but has yet to receive a formal response from the Irish ...
Judge blocks shareholder vote on Apple proposal
A federal judge is blocking Apple from conducting a shareholder vote on a package of governance proposals, handing a victory to a rebel investor who ...
HP's stock soars to biggest 1-day gain since 2008
Hewlett-Packard Co.'s stock surged to its biggest one-day gain since 2008 after the company's latest quarterly earnings report indicated the ailing ...
Dow bounces from 2-day slide to a 3-digit gain
Strong earnings from big U.S. companies pushed the Dow Jones industrial average to a rare triple-digit gain Friday, but the S&P 500 index still posted ...
Olive Garden owner Darden warns on 3rd quarter
Darden Restaurants, struggling to draw more customers into its Olive Garden and Red Lobster restaurants, predicted a third-quarter profit Friday that ...
HP's 1Q offers glimmer of hope, stock surges
Hewlett-Packard Co.'s latest quarterly results provided a glimmer of hope after months of gloomy news. The fiscal first-quarter numbers announced ...
Rebel Apple investor tries to rally Street
A Wall Street maverick who wants Apple Inc. to share more of its wealth with investors took his case to other shareholders Thursday, urging them to ...
Linn buying Berry Petroleum for about $2.5B
Linn Energy is buying the drilling company Berry Petroleum Co. for stock worth about $2.5 billion. Linn, an oil and gas producer, said Thursday that ...
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