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  • AMD Slides 14% After Goldman Downgrade

    Published May 16, 2013

    The chip maker was downgraded by Goldman Sachs from neutral to sell, sending the stock down 14.8% Thursday.

  • Proxy Clash Over at Hess

    Published May 16, 2013

    Activist investor Elliott Management will settle for three seats on the board of Hess and support the oil producer's director nominees.

  • Wal-Mart Posts 1Q Miss, Tepid 2Q Outlook

    Published May 16, 2013

    The world's biggest retailer posted first-quarter results and a second-quarter outlook that missed analysts' estimates.

  • Tesla Unveils Stock Offering

    Published May 15, 2013

    The maker of electric cars plans to pay off a loan from the Department of Energy with the proceeds from an offering of common stock and convertible senior notes.

  • Gasoline Prices Rise in May

    Published May 15, 2013

    Planning a spring getaway? Get ready to shell out more money at the pump as prices climb by a nickel from last week. 

  • EA Opens L.A. Studio to Develop ‘Stars Wars’ Games

    Published May 15, 2013

    EA opened a new Los Angeles studio to help attract talent from rival game developers, just weeks after announcing a 10% cut in its workforce.

  • Computer Sciences Swings to 4Q Profit

    Published May 15, 2013

    Computer Sciences turned a profit in the fourth quarter despite missing revenue estimates, as lower operating costs and a tax benefit boosted the technology services company.

  • ESPN to Expand Video Partnership with Twitter

    Published May 14, 2013

    ESPN plans to post sports video highlights on Twitter in near real-time, as the sports network and micro-blogging service expand their partnership to create new opportunities for advertising revenue.

  • Elliott Suggests Merger of Hess and Shareholder Nominees

    Published May 14, 2013

    The activist shareholder suggested the two sides combine their slates of five nominees to create a reconstituted board.

  • U.S. Oil Boom Ricochets Around the World

    Published May 14, 2013

    Oil Tide Turns: Thanks to a boom in domestic shale oil production, the U.S. is set to overtake Russia as the world’s largest non-OPEC producer.