| Lowe's Focuses on Succession Posted: 18 Oct 2012 05:24 PM PDT The board of Lowe's Cos., the home-improvement company, is looking for an heir apparent that would be able in three years to step into the shoes of CEO Robert Niblock.   |
| Google Hit by Weak Results Posted: 18 Oct 2012 07:36 PM PDT Google's quarterly earnings report hit Wall Street more than three hours early on Thursday due to a glitch. The bigger glitch was what the Internet giant's results actually showed.   |
| Cooling the Pits: ICE Yelling Ends Posted: 18 Oct 2012 04:39 PM PDT Friday is the final day of rough-and-tumble "open outcry" commodities trading on the IntercontinentalExchange-owned pit in lower Manhattan where options on cotton, coffee, cocoa, sugar and orange juice are bought and sold.   |
| Debt Fuels a Dividend Boom Posted: 18 Oct 2012 07:05 PM PDT Private-equity firms get big payouts and investors collect high yields in a practice that was popular before the financial crisis. Some critics question whether it loads companies with too much debt.   |
| Failed U.S. Deals Stir Tensions With China Posted: 18 Oct 2012 07:11 PM PDT A series of scuttled deals is rankling Chinese firms trying to invest in U.S. businesses and throwing fuel on an increasingly tense trade relationship between the world's two largest economies.   |
| AMD Posts Loss, Plans Layoffs Posted: 18 Oct 2012 04:33 PM PDT AMD unveiled a drastic restructuring effort that will pare about 15% of its work force—affecting about 1,800 jobs—after weaker-than-expected demand for PCs pushed the chip maker to a loss.   |
| Banks Pushed to Clear Fog of Cyberwar Posted: 18 Oct 2012 05:02 PM PDT As hackers get more sophisticated, banks face growing pressure to share information with each other and with national intelligence agencies, and to communicate better with customers.   |
| E*Trade Swings to Surprise Loss Posted: 18 Oct 2012 04:01 PM PDT E*Trade Financial swung to a surprising third-quarter loss as the online brokerage set aside more money for loan losses.   |
| Facebook Aims to Capitalize on India Surge Posted: 18 Oct 2012 04:16 PM PDT |
| Google Opposes French Proposal Posted: 18 Oct 2012 03:07 PM PDT Google said it would exclude French newspapers from its search engine if the country enacts a law to make search engines pay for the right to cite news articles online.   |
| Chile Firm to Buy Carrefour's Colombian Business Posted: 18 Oct 2012 04:34 PM PDT Chilean retail giant Cencosud agreed to acquire the Colombian business of French retailer Carrefour for $2.6 billion, in a move that shows how local companies are taking advantage of European counterparts weakened by the Continent's debt crisis.   |
| Inside Softbank's Gamble Posted: 18 Oct 2012 07:00 PM PDT Softbank chief Masayoshi Son wouldn't rule out making a competing bid for MetroPCS in an interview after striking a $20 billion deal for Sprint.   |
| Microsoft Profit Down 22% as Windows Sales Fall Posted: 18 Oct 2012 05:58 PM PDT Microsoft's quarterly earnings fell 22% as the software giant saw revenue in its Windows division fall ahead of the release of its new Windows 8 operating system.   |
| 'Eyeballs Win,' Says CBS's Moonves Posted: 18 Oct 2012 06:10 PM PDT CBS CEO Les Moonves has an answer for cable and satellite operators who complain their profits are getting squeezed by continually rising content costs: eliminate low-rated channels from their lineup.   |
| Boston Scientific's Sales Slide Posted: 18 Oct 2012 01:50 PM PDT Boston Scientific reported a loss and another quarter of declining sales as the medical-device company continues to face challenging conditions in its core heart-rhythm and stent markets.   |
| ArcelorMittal Weighs Stake Sale at Iron-Ore Business Posted: 18 Oct 2012 04:19 PM PDT |
| Blackstone Clears Industry Milestone: $200 Billion In Assets Posted: 18 Oct 2012 05:05 PM PDT Blackstone Group swung to a third-quarter profit as the private-equity firm saw its pool of assets under management pass the $200 billion level for the first time.   |
| Keystone Pipeline Is Idled Posted: 18 Oct 2012 02:00 PM PDT TransCanada idled its Keystone pipeline for three days for repairs after detecting an undisclosed "anomaly" on the line, a significant conduit for Canadian oil into U.S. markets.   |
| Jail Terms Delivered in Muni Bid-Rigging Case Posted: 18 Oct 2012 05:00 PM PDT Three former employees of a General Electric Co. unit were sentenced to prison terms Thursday after they were convicted of criminal charges earlier this year in a broad conspiracy to rig bids on investment contracts for municipalities.   |
| Bumi Pursues Hacking Probe Posted: 18 Oct 2012 06:34 PM PDT The London-listed coal company Bumi has been investigating possible email hacking at the companies that control its Indonesian mines.   |