Industrials

Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Athlon Energy Inc., up $11.59 to $58.32 The oil and natural gas company is being bought by Encana for $5.93 billion in an effort to tap into the booming Permian Basin.

Chip supplier Fairchild Semiconductor is eliminating about 1,350 jobs in the U.S. and Asia — about 15 percent of its total workforce — to reduce costs.

German chip maker Infineon Technologies AG says it has agreed to pay $3 billion in cash for California-based International Rectifier, which produces power-management components used in everything from cars to satellites.

Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Walgreen Co., down $9.91 to $59.21 The drugstore operator cut its outlook after announcing it will no longer pursue a reorganization move that would have trimmed taxes.

Health information technology company Cerner Corp. is buying the health information technology business unit of German industrial conglomerate Siemens AG for $1.3 billion in cash.

New York state is teaming with General Electric Co. and other companies on a $500 million initiative to spur high-tech manufacturing of miniature electronics, Gov. Andrew Cuomo and GE CEO Jeffrey Immelt announced Tuesday.

Global stocks rebounded Monday from jitters about a struggling Portuguese bank as investors looked ahead to a busy week of data releases in the U.S., China and Europe.

California's water crisis has highlighted the need for the world's biggest corporations to manage their water risk which, if done accurately, can save millions of dollars. 

Apple Inc. says it has removed some applications from its App Store after they were found to contain malicious software in an unusual security breach.

Two hackers have scored a million frequent-flier miles each on United Airlines for finding security holes in the airline's computer systems.

IBM says it has achieved a breakthrough in making computer chips even smaller, creating a test version of the world's first semiconductor that shrinks down the circuitry by overcoming "one of the grand challenges" of the tech industry.

IBM says it has achieved a breakthrough in shrinking computer chips, creating a test version of the world's first semiconductor that shrinks down the circuitry by overcoming what's been "one of the grand challenges" of the industry.

From Beijing to Paris to San Francisco, the Apple Watch made its debut Friday.

Apple says it's investing 1.7 billion euros ($1.92 billion) in data centers in Denmark and Ireland that will be powered by renewable energy, its largest such project in Europe to date.

Chip maker Cypress Semiconductor is buying flash memory product maker Spansion in an all-stock deal worth $1.59 billion.

IBM is paying $1.5 billion to Globalfoundries in order to shed its costly chip division.

Irish eyes are smiling in the world of mergers and acquisitions, with Milwaukee’s Johnson Controls becoming the latest U.S. company to capitalize on Ireland’s welcoming tax rates.

Lockheed Martin Corp. has agreed to settle a class-action lawsuit accusing the aerospace and defense company of mismanaging the investment accounts of its employees and retirees.

U.S. industrial production fell for a fifth straight month in April, weighed down by declines in mining and utilities output, pointing to a lack of momentum in the economy at the start of the second quarter.

Thanks to Europe's economic comeback, multinationals are likely to be a bright spot this earnings season.