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Regulators Probe 400K Ford F-150 Pickups
Published May 28, 2013
Safety regulators have opened a preliminary investigation into Ford’s popular F-150 pickup truck related to acceleration issues in some of its newer models.
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Dole Suspends Buyback, Invests in Container Ships
Published May 28, 2013
Dole indefinitely suspended a previously announced $200 million share buyback program as it looks to stem losses from its strawberry business.
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AstraZeneca Expands Fleet of Cholesterol Fighters Via Acquisition
Published May 28, 2013
The global biopharmaceutical business has entered into a definitive agreement to buy Omthera Pharmaceuticals in a deal valued at $323 million.
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Sears' 1Q Loss Ignites Selling Spree, Renewed Jitters
Published May 24, 2013
Shares of Sears tumbled another 16% a day after the ailing retailer reported a larger-than-feared quarterly loss, bringing into question the progress of its lengthy turnaround.
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ExxonMobil Eyes Papua New Guinea Gas Assets
Published May 24, 2013
The oil giant is talking with InterOil to invest in its natural gas assets in Papua New Guinea, which could help the country's position as an energy exporter.
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Foot Locker 1Q Profit, Sales Run Higher
Published May 24, 2013
Foot Locker revealed stronger-than-expected first-quarter earnings and improved sales at stores open longer than a year.
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Corporate America Cracks Piggy Bank for Okla. Victims
Published May 23, 2013
In the aftermath of the Oklahoma tornado disaster that killed at least 24 people and damaged or destroyed as many as 13,000 homes, the calls for help are being answered.
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Dollar Tree Widens 1Q Profit, Expands Store Fleet
Published May 23, 2013
Discount retailer Dollar Tree revealed first-quarter earnings that trumped Wall Street expectations on Thursday and said it sees continued sales growth for the full year.
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Rue21 in $1.1B Go-Private Deal
Published May 23, 2013
A private equity firm will pay $42.00 per Rue21 share in cash, representing a premium of 23% to the stock's Wednesday close.
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Twitter Implements Extra Security Layer
Published May 22, 2013
Twitter announced two-step password verification, an effort it hopes will add an extra layer of support and bring down the number of account takeovers.
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