"Wallstreet" Reader

"Wallstreet" Reader


Most CEOs Prize Growth, But Other Priorities Vary

Posted: 17 Apr 2011 07:40 PM PDT

Chief executives have to juggle multiple priorities, but according to a recent study, they tend to rank some higher than others.

Capstone to Buy Far West

Posted: 17 Apr 2011 07:35 PM PDT

Capstone agreed to buy Far West for about $755 million in stock and cash to gain control of a Chilean copper-iron-gold development, known as the Santo Domingo project.

Asia Mixed; Tokyo Weighed by Corporate Outlook

Posted: 17 Apr 2011 06:56 PM PDT

Asia was mixed, with the Tokyo market weighed by continuing worries over the impact on corporate earnings from last month's natural disasters.

More Firms Flex Pricing Power

Posted: 17 Apr 2011 07:55 PM PDT

A rare commodity since the recession, pricing power has re-appeared primarily at companies selling to other businesses. However, consumer-oriented companies are finding little room to maneuver as costs rise.

Lexus Falls Behind Rivals

Posted: 17 Apr 2011 05:44 PM PDT

The long reign of Toyota's Lexus atop the U.S. luxury car market is almost certain to come to an end this year, a victim of an aging lineup and production disruptions caused by the March 11 earthquake in Japan.

Analysis: U.S. Tech Companies, China Tangle Over Contracts

Posted: 17 Apr 2011 06:30 PM PDT

Despite an agreement between President Obama and President Hu in January, U.S. technology companies are again complaining about how China awards contracts.

A Bad Precedent for Nasdaq

Posted: 17 Apr 2011 06:08 PM PDT

A Justice Dept. antitrust suit against milk processor Dean Foods is serving as one possible guide for how U.S. regulators might approach the antitrust issues around Nasdaq's $11 billion unsolicited offer for NYSE Euronext.

U.K. Waits for Business to Step Up Spending

Posted: 17 Apr 2011 05:58 PM PDT

The U.K. hopes businesses will invest the stockpiles of cash they have built up over the past few years, using it to boost output and create jobs. But there's little sign that's happening yet.

More Directors Face Yearly Votes

Posted: 17 Apr 2011 07:48 PM PDT

More U.S. corporate directors are getting ready to face re-election votes every year by shareholders.

Hedge Funds Bounce Back

Posted: 17 Apr 2011 04:49 PM PDT

Total hedge-fund assets are approaching $2 trillion and are soon expected to surpass their peak in early 2008, according to industry analysts.

Synthes Is Seen as a Fit for J&J

Posted: 17 Apr 2011 06:56 PM PDT

A potential $20 billion medical-device deal with Synthes would be Johnson & Johnson's biggest-ever acquisition and reinvigorate its struggling device business.

Greek Default Would Mean Pain All Around

Posted: 17 Apr 2011 05:30 PM PDT

To many private-sector economists, the idea that Greece eventually will have to default on its towering debts is almost a foregone conclusion. But the path has plenty of pitfalls.

More Profit, Disclosure From China's Huawei

Posted: 17 Apr 2011 07:51 PM PDT

Huawei's net profit increased 30% last year, as overseas sales of the Chinese company's telecom hardware and mobile devices grew rapidly. For the first time, it also disclosed its directors.

U.S. Small-Cap Shares Look Pricey

Posted: 17 Apr 2011 06:02 PM PDT

Small-cap stocks now command the widest premium over large-cap stocks in at least a generation, based on the ratio of price to earnings. That has some investors girding for a period of underperformance.

Emerging Economies Reject IMF Plan

Posted: 17 Apr 2011 05:59 PM PDT

Representatives of emerging economies rebuffed an International Monetary Fund plan to guide them on managing huge flows of capital into their economies.

China Raises Reserve Ratio

Posted: 17 Apr 2011 05:18 PM PDT

China announced an increase in the share of deposits banks must hold in reserve, its fourth such move this year, a fresh step in its battle against inflation that came after data showed consumer prices rising at their fastest clip in nearly three years in March.

U.A.E. Puts Curbs On Email

Posted: 17 Apr 2011 04:00 PM PDT

BlackBerry maker RIM confirmed the United Arab Emirates will stop individuals and small businesses from using the mobile device's highly secure corporate-email services.

China's Wealth-Fund Chief Warns on Global Growth

Posted: 17 Apr 2011 05:57 PM PDT

The head of CIC, China's sovereign wealth fund, warned of gathering clouds over the global economy, amid the debt crisis in Europe, no end in sight to the U.S. property slump and natural disasters that have set back a nascent recovery in Japan.

Geithner Says GOP Prepared to Lift Debt Limit

Posted: 17 Apr 2011 04:17 PM PDT

Treasury Secretary Timothy Geithner said Republican leaders have assured the White House they are prepared to lift the debt ceiling in time to avoid disruptions to capital markets and a potential credit default.

Tepco Aims for 'Cold Shutdown'

Posted: 17 Apr 2011 01:05 PM PDT

Tokyo Electric Power said it will aim to put its crippled Fukushima Daiichi nuclear plant into a state of cold shutdown in six to nine months, as it tries to put Japan's worst-ever nuclear crisis under control.