"Wallstreet" Reader

"Wallstreet" Reader

Social-Media Stock Frenzy Fizzles

Posted: 28 Jul 2012 12:15 PM PDT

Investors who six months ago clamored for shares of social-media firms have turned against them with a vengeance as concerns about the sector mount.

FX Likely to Order More of Sheen Comedy

Posted: 28 Jul 2012 01:07 PM PDT

The odds are "overwhelming" that FX Network will purchase an additional 90 episodes of Charlie Sheen's new comedy "Anger Management," the channel's president said Saturday.

SEC Targets Trading Before Cnooc-Nexen

Posted: 28 Jul 2012 09:23 AM PDT

The SEC accused a Hong Kong-based firm of insider trading ahead of Cnooc's Monday announcement that it plans to buy Canadian energy producer Nexen.

Enbridge Says Wisconsin Oil Spill Is Contained

Posted: 28 Jul 2012 04:05 PM PDT

Enbridge Inc. said a release of crude oil from a pipeline in Wisconsin on Friday has been contained and that it is working to clean up the site.

Maruti Suzuki Reports Lower Profit

Posted: 28 Jul 2012 04:19 AM PDT

Maruti Suzuki India said its fiscal first-quarter net profit fell 23% as volatile foreign-exchange rates eroded most gains from higher vehicle sales.


China Eases Investment Rules

Posted: 27 Jul 2012 10:30 PM PDT

China enacted new rules for foreign investors, a much-anticipated move to ease restrictions and grant them broader market access.

Apple, Twitter Discussed Stake

Posted: 28 Jul 2012 09:20 AM PDT

Apple held discussions with Twitter about taking a strategic investment in the short-messaging service, according to a person familiar with the talks.