"Wallstreet" Reader

"Wallstreet" Reader

Clashes Coming On Energy Trades

Posted: 18 Nov 2012 05:21 PM PST

Federal regulators are increasingly targeting financial firms for allegedly manipulating energy markets.

Drillers Begin Recycling Water From 'Fracking'

Posted: 18 Nov 2012 07:17 PM PST

Companies are racing to find ways to recycle the water used in hydraulic fracturing, chasing an emerging market that could be worth billions of dollars.

Booksellers Look To Tried and True

Posted: 18 Nov 2012 02:20 PM PST

Barnes & Noble and other booksellers are counting on familiar names to ignite holiday sales when there is no obvious blockbuster equal to last year's biography of Steve Jobs.

Regulators Take a Look at Patent Firms' Impact

Posted: 18 Nov 2012 07:10 PM PST

U.S. antitrust authorities are examining whether specialized patent-holding firms—or "trolls" to their detractors—are disrupting competition in high-tech markets, adding a new front to a long-standing Silicon Valley battle.

Engineers Deny Charges in BP Spill

Posted: 18 Nov 2012 04:56 PM PST

In the hours before the Deepwater Horizon rig exploded in 2010, two BP engineers made what turned out to be a catastrophic misjudgment about a critical safety test. Now the men face criminal charges.

Asian Shares Up

Posted: 18 Nov 2012 06:51 PM PST

Asian markets were higher Monday, with stocks climbing on hopes for a resolution to the U.S. fiscal cliff while a weak yen helped Japanese stocks hit a two-month high. The Nikkei added 1.3%.

Hostess Union Clings to Hope

Posted: 18 Nov 2012 05:49 PM PST

The Hostess bakers' union held out hope that a buyer would salvage chunks of the company and send employees back to work, even as the snack maker geared up for a fire sale.


Dish Frustrated in Dream of Breaking Into Wireless

Posted: 18 Nov 2012 05:18 PM PST

Dish Chairman Charlie Ergen said his bet to enter the wireless industry is looking "increasingly risky," highlighting the hurdles the satellite operator faces in light of restrictive conditions that may be set by regulators.

Tech Sets Correction Course

Posted: 18 Nov 2012 04:50 PM PST

The tech-heavy Nasdaq has slid for six weeks, its longest losing streak since 2008. That is a big worry for investors, largely because tech stocks have set the pace for the rest of the market in 2012.

ITW CEO David Speer Is Dead at 61

Posted: 18 Nov 2012 07:30 PM PST

Illinois Tool Works Chairman and CEO David Speer died Saturday, a month after taking a medical leave.

Week May End China's U.S. IPO Drought

Posted: 18 Nov 2012 05:38 PM PST

The Chinese social-media platform YY Inc. this week may become the first Chinese company to debut in the U.S. in seven months, as the market for initial public offerings struggles to right itself.

Lehman Trustee Ends Citigroup Fight

Posted: 18 Nov 2012 05:56 PM PST

The trustee unwinding Lehman Brothers Inc. reached an agreement with Citigroup that ends a long-running legal fight over more than $1 billion that Lehman deposited at the bank the week it filed for bankruptcy protection.

Currency Market Focuses on Fiscal Cliff

Posted: 18 Nov 2012 05:46 PM PST

U.S. political leaders' discussions over the combination of tax increases and spending cuts necessary to avoid the so-called fiscal cliff will drive trading in most major currencies in a week thinned by the Thanksgiving holiday.

Product Mix Offers Defense Against Looming Spending Cuts

Posted: 18 Nov 2012 11:48 AM PST

Analysts say shares in Meggitt, GKN and Ultra Electronics Holdings are good bets despite their exposure to defense spending.

Tyson Adapts to World of Pricey Corn

Posted: 18 Nov 2012 05:23 PM PST

Ahead of the Tape: Tyson Foods, which releases earnings Monday, can't control commodities prices, but it has done a lot else that investors haven't fully priced in.

A Year-End Thanks For Treasurys

Posted: 18 Nov 2012 05:27 PM PST

Expect safe-haven Treasurys to draw demand at the expense of stocks in the coming weeks, bucking a seasonal trend that has often favored riskier assets.

Orange-Juice Futures Jump on Frost Bets

Posted: 18 Nov 2012 05:57 PM PST

Orange-juice futures surged 8.6% last week, on concerns about a frost damaging the U.S. orange crop over the next few months. Meteorologists predict unusually cold weather in Florida this winter.

Liberty Media Raises Sirius Stake Slightly

Posted: 18 Nov 2012 10:10 AM PST

Liberty Media inched up its stake in Sirius XM Radio to 49.8% as Liberty awaits approval from the FCC to take control of the satellite-radio operator.

CCTV's Ad Haul Tops Forecasts

Posted: 18 Nov 2012 04:55 PM PST

Companies looking to advertise on China's biggest television network committed to spend 11% more than a year ago, signaling confidence in China's economy from advertisers.

SAS Talks With Unions Pass Deadline

Posted: 18 Nov 2012 07:35 PM PST

Scandinavian airline SAS's negotiations with labor unions continued past the Sunday midnight deadline it had set for an agreement the carrier claims is crucial for its survival.