"Wallstreet" Reader |
- Asian Markets Look to Central Banks
- Navistar Expected to Alter Course
- India Car Industry Slows
- Facebook Mulls Eating Its Own
- CEO of Poker Site Full Tilt Is Arrested
- IPad Case Takes Small Bite Out of Apple
- Lining Up Libor Alternatives
- Bristol Focuses on Diabetes Treatment
- Factory Slump Reaches U.S.
- Banks Seek Dismissal of Libor Suit
- Glaxo in $3 Billion Settlement
- Lehman Advisers Seek $91 Million
- Anadarko Sells Partial Stake in Gulf Project to Undisclosed Partner
- GE, Rosneft in Preliminary Agreement on Oil Equipment
- Finland, Netherlands Oppose EU's Bond-Purchase Plan
- QE2 Cruise Liner to Be Hotel
- Euro-Zone Data Show Continuing Gloom
- Dell Wins Bidding War For Quest
- Lincare Board Backs Linde Offer
- Micron to Acquire Rival Elpida
| Asian Markets Look to Central Banks Posted: 02 Jul 2012 06:41 PM PDT Asian stocks posted modest gains early Tuesday on speculation central banks in Europe and the U.S. will do more to boost their ailing economies. The Nikkei was up 0.5%.
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| Navistar Expected to Alter Course Posted: 02 Jul 2012 05:53 PM PDT Navistar is expected to disclose soon that it is backing away from the pollution-reduction technology for its engines that has weighed on the U.S. truck maker's sales and brought it into conflict with federal regulators.     |
| Posted: 02 Jul 2012 05:27 PM PDT India's auto industry was one of the high-profile success stories of the country's recent boom years. Now, the business is running into roadblocks that threaten its growth.     |
| Posted: 02 Jul 2012 05:22 PM PDT As newly public Facebook attempts to branch out to new areas such as e-commerce, it's searching across its own social network for acquisitions.
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| CEO of Poker Site Full Tilt Is Arrested Posted: 02 Jul 2012 07:32 PM PDT The chief executive of Full Tilt Poker, the one-time Web poker giant, was arrested Monday as the government unveiled new criminal charges against him related to an alleged Ponzi scheme.     |
| IPad Case Takes Small Bite Out of Apple Posted: 02 Jul 2012 06:38 PM PDT Apple took in nearly $8 billion in greater China during the first three months of 2012. The price of continuing to sell its tablet in China under the iPad name: a mere $60 million.     |
| Posted: 02 Jul 2012 05:26 PM PDT The hunt for a credible replacement for Libor—long the most accepted market measure of short-term interest rate moves—is heating up.
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| Bristol Focuses on Diabetes Treatment Posted: 02 Jul 2012 03:56 PM PDT Bristol-Myers Squibb hopes to accelerate sales of diabetes drug Bydureon, which Bristol stands to obtain with its proposed purchase of Amylin.     |
| Posted: 02 Jul 2012 07:55 PM PDT The global slowdown is hitting U.S. manufacturers hard, threatening a key pillar of the recovery and fueling fears the economy is heading for a stall.
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| Banks Seek Dismissal of Libor Suit Posted: 02 Jul 2012 01:14 PM PDT Bank of America, Citigroup, J.P. Morgan and other banks involved in setting the London interbank offered rate have jointly requested dismissal of antitrust litigation brought against them.     |
| Glaxo in $3 Billion Settlement Posted: 02 Jul 2012 08:01 PM PDT GlaxoSmithKline agreed to plead guilty to criminal charges of illegally marketing drugs and keeping safety data from U.S. regulators, and to pay $3 billion to the government.
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| Lehman Advisers Seek $91 Million Posted: 02 Jul 2012 05:38 PM PDT Alvarez & Marsal is requesting court approval of as much as $91 million in incentive fees for its work on the Lehman Brothers bankruptcy.     |
| Anadarko Sells Partial Stake in Gulf Project to Undisclosed Partner Posted: 02 Jul 2012 10:41 AM PDT Anadarko Petroleum sold a stake in its Lucius oil-and-gas project in the U.S. Gulf of Mexico to an undisclosed party, in exchange for $556 million to cover development costs.     |
| GE, Rosneft in Preliminary Agreement on Oil Equipment Posted: 02 Jul 2012 09:42 AM PDT GE and Russia's OAO Rosneft reached a preliminary agreement to jointly evaluate and develop commercial oil and gas exploration and production opportunities in the Russian Federation.     |
| Finland, Netherlands Oppose EU's Bond-Purchase Plan Posted: 02 Jul 2012 05:15 PM PDT Finland and the Netherlands took issue Monday with the European Union's decision to use the bloc's new, permanent rescue fund to buy government bonds from private investors in a bid to end the region's debt crisis.     |
| Posted: 02 Jul 2012 08:48 AM PDT Dubai said it will renovate and convert the Queen Elizabeth 2, the 45-year-old ocean liner, into a 300-room floating hotel.     |
| Euro-Zone Data Show Continuing Gloom Posted: 02 Jul 2012 04:45 AM PDT Activity at euro-zone factories continued to fall sharply, while the unemployment rate rose to a record high.
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| Dell Wins Bidding War For Quest Posted: 02 Jul 2012 06:12 PM PDT Dell will buy business-software maker Quest Software for $2.36 billion, bringing a bidding war with a private-equity group to a close.     |
| Lincare Board Backs Linde Offer Posted: 02 Jul 2012 01:30 PM PDT The board of U.S. respiratory therapy and services provider Lincare recommended its shareholders accept the $4.6 billion takeover offer from German industrial gas supplier Linde.     |
| Micron to Acquire Rival Elpida Posted: 02 Jul 2012 04:14 PM PDT Micron agreed to acquire troubled Elpida Memory for about $2.5 billion, in a move that will allow the U.S. chip maker to grow its portfolio of memory products and challenge rivals in South Korea and Taiwan.     |
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