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Jennifer Booton Archive

  • What Happened to Revenues in 1Q?

    Published May 07, 2013

    With earnings season almost over, don’t be fooled by the record-breaking earnings per share -- revenues signal potential troubles for corporate America. 

  • Airlines Readying to Seek Refunds for 787 Mishap?

    Published May 07, 2013

    Ethiopian Airlines will seek compensation from Boeing for the 787 battery blunder that left 50 Dreamliners on the ground for several months and stunted deliveries.

  • EA 4Q Sales Top Street

    Published May 07, 2013

    EA posted an adjusted 4Q profit of 55 cents a share, missing estimates by two cents, however adjusted revenues rose just above Wall Street expectations. 

  • Report: Wal-Mart Mulls CEO Successors

    Published May 07, 2013

    Retail giant Wal-Mart Stores has reportedly picked a pair of top internal execs as possible contenders to succeed current CEO Mike Duke. 

  • GM to Build $1.3B Cadillac Plant in China

    Published May 07, 2013

    Chinese authorities have approved a $1.3 billion General Motors plant to make luxury Cadillac cars.

  • Molson Coors' 1Q Hurt By M&A Charges, Weakness in Canada

    Published May 07, 2013

    Molson Coors reported its first quarter profit dropped 1.2% to $271.9 million and fell short of Wall Street expectations amid weakness in Canada and acquisition charges. 

  • Diageo CEO to Step Down

    Published May 07, 2013

    Diageo said chief executive Paul Walsh will retire after 13 years at the helm of the U.K. drinks giant.

  • Sysco 3Q Net Slips 22% Amid Higher Expenses

    Published May 06, 2013

    The food-services supplier reported higher expenses, while its top-line fell short of Wall Street expectations.

  • McAfee to Buy Stonesoft for $389M in Cash

    Published May 06, 2013

    The computer security software company said it would acquire Stonesoft Oyj for about $389 million in cash.

  • Tyson Foods 2Q Profit Falls, Shares Slump

    Published May 06, 2013

    Tyson Foods said its profit fell at a worse-than-expected rate as the drought continued to hurt the price of raw materials.