"Wallstreet" Reader |
- Ethanol Makers' Long Hot Summer
- Data Breach to Cost Card Processor
- Asia Climbs on ECB Comments
- Reconstruction Boosts Japan Recovery
- Smartphones Lift Samsung Profit
- Two Hats a Fit for Friendly's Owner
- Comcast Plans Campaign to Explain Xfinity Service
- For Dewey: A $90 Million Bill
- For Exxon, Natural Gas Becomes a Costly Burden
- Libor Suits Weighed by Mutual-Fund Firms
- Starbucks Outlook Short of Expectations
- Ford to Trade In Steel for Aluminum in F-150
- Amazon Profit Evaporates
- Facebook Growth Slows Again; Shares Fall 10%
- M&A Advice, if Not M&A, Pays Off
- Schumer Plays Hardball on Cnooc
- Fidelity Targets Securities Lending
- Data-Center Failures Hit Twitter Users
- Portugal's Outlook Dims, OECD Says
- ResCap Sees Losses in Bankruptcy
| Ethanol Makers' Long Hot Summer Posted: 26 Jul 2012 04:30 PM PDT Record corn prices and sluggish gasoline demand are squeezing profits for U.S. ethanol companies, prompting some producers to idle plants or slow production.
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| Data Breach to Cost Card Processor Posted: 26 Jul 2012 06:21 PM PDT Global Payments, which processes card transactions for banks and merchants, said a security breach that exposed consumers' payment cards to fraud will cost it $84.4 million.     |
| Posted: 26 Jul 2012 08:02 PM PDT Asian markets rose Friday on reassurance from the European Central Bank, while South Korea's Kospi, up 1.7%, led gains following Samsung's earnings report.
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| Reconstruction Boosts Japan Recovery Posted: 26 Jul 2012 06:04 PM PDT The Japanese government said in its annual economic report that the nation's economy is headed for a gradual recovery mainly because of earthquake and tsunami reconstruction demand.     |
| Smartphones Lift Samsung Profit Posted: 26 Jul 2012 07:52 PM PDT Samsung reported a second-quarter net profit of $4.5 billion as its mobile devices continued to sell well during one of the slower times of the year for technology companies.
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| Two Hats a Fit for Friendly's Owner Posted: 26 Jul 2012 03:47 PM PDT After Friendly's filed for bankruptcy protection, its owner, Sun Capital Partners, held onto the ice cream and hamburger purveyor because it didn't just own the chain—it was also its biggest lender.     |
| Comcast Plans Campaign to Explain Xfinity Service Posted: 26 Jul 2012 05:12 PM PDT Comcast plans to spend $170 million on a marketing campaign to better explain its Xfinity brand of bundled TV, phone and Internet service.     |
| Posted: 26 Jul 2012 07:49 PM PDT The cost of immunity from lawsuits in the biggest law firm bankruptcy in U.S. history just went up for some of the richest and most powerful former partners from Dewey & LeBoeuf.     |
| For Exxon, Natural Gas Becomes a Costly Burden Posted: 26 Jul 2012 04:26 PM PDT The oil and natural-gas production boom sweeping the U.S. may be good for the country's economic health, but it hasn't recently been a huge boon for energy giant Exxon Mobil.     |
| Libor Suits Weighed by Mutual-Fund Firms Posted: 26 Jul 2012 06:46 PM PDT Several large mutual-fund companies, including BlackRock and Vanguard, have launched internal investigations into whether their funds have been harmed by alleged interest-rate rigging by large banks.     |
| Starbucks Outlook Short of Expectations Posted: 26 Jul 2012 06:01 PM PDT Starbucks reported a 19% rise in quarterly earnings but cut its outlook, sending its shares lower in after-hours trading.     |
| Ford to Trade In Steel for Aluminum in F-150 Posted: 26 Jul 2012 03:37 PM PDT Ford is working on a new pickup truck with a largely aluminum body. The radical redesign will help it meet tougher federal fuel-economy targets but creates manufacturing—and marketing—challenges.     |
| Posted: 26 Jul 2012 04:44 PM PDT Amazon continued to boost sales faster than many companies in the tech sector, but razor-thin margins may finally be catching up with the online retail giant. Second-quarter profit fell 96%.
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| Facebook Growth Slows Again; Shares Fall 10% Posted: 26 Jul 2012 04:57 PM PDT Facebook is struggling to meet investors' expectations, as the social network's revenue growth shrank for at least the fifth consecutive quarter while costs soared.
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| M&A Advice, if Not M&A, Pays Off Posted: 26 Jul 2012 03:06 PM PDT Financial firms Lazard and Evercore Partners notched strong advisory-revenue gains in the second quarter, even as the overall mergers-and-acquisitions environment remains sluggish.     |
| Schumer Plays Hardball on Cnooc Posted: 26 Jul 2012 06:24 PM PDT Sen. Charles Schumer said he would ask Treasury Secretary Timothy Geithner to use Cnooc's proposed $15 billion purchase of Canadian energy firm Nexen as leverage to pry open the Chinese market for U.S. companies.     |
| Fidelity Targets Securities Lending Posted: 26 Jul 2012 06:54 PM PDT The mutual-fund company is on a collision course with rivals, rolling out a pricing service designed to make the roughly $800 billion market for securities lending more transparent.     |
| Data-Center Failures Hit Twitter Users Posted: 26 Jul 2012 05:05 PM PDT Twitter said failures in its computer-data centers were the cause of an outage that prevented some users from accessing the short-messaging service.     |
| Portugal's Outlook Dims, OECD Says Posted: 26 Jul 2012 05:01 PM PDT The Organization for Economic Cooperation and Development warned that Portugal risks a worse-than-expected contraction this year and next as the euro-zone crisis worsens and domestic banks reduce lending.     |
| ResCap Sees Losses in Bankruptcy Posted: 26 Jul 2012 12:58 PM PDT Ally Financial's mortgage subsidiary Residential Capital lost $109.3 million during its first six weeks in bankruptcy.     |
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