"Wallstreet" Reader

"Wallstreet" Reader

Humana Brings Doctors In-House

Posted: 05 Nov 2012 07:28 PM PST

Humana is accelerating its move into directly providing health care, with new deals and planned investments that are expected to expand the number of physicians under its umbrella to more than 2,600.


In China, Machinery Shakeout Looms

Posted: 05 Nov 2012 07:38 PM PST

China's largest construction-equipment makers still face massive overcapacity and pressure to consolidate despite signs of improvement from this year's industrywide sales slump.


Storing Nuclear-Bomb Waste in Glass

Posted: 05 Nov 2012 07:21 PM PST

A waste-treatment start-up that helped stabilize Japan's Fukushima Daiichi nuclear power plant is hoping to get a piece of one of the biggest and most difficult nuclear waste problems facing the U.S.

Asian Shares Mixed In Cautious Trade Before U.S. Election

Posted: 05 Nov 2012 06:39 PM PST

Asian shares were mixed Tuesday as investors took a cautious stance as the U.S. Presidential election approached. The Nikkei fell 0.5%.

Is There Life After Lipitor?

Posted: 05 Nov 2012 06:16 PM PST

Studies released Monday involving experimental Amgen and Pfizer cholesterol drugs suggest a new way to successfully lower cholesterol.


Weight Watchers Third-Quarter Profit Drops 16%

Posted: 05 Nov 2012 04:40 PM PST

Weight Watchers' third-quarter profit slid 16% as the weight-management services provider posted a rise in expenses, while revenue edged up slightly.

Regulator Launches Rochdale Probe

Posted: 05 Nov 2012 04:45 PM PST

The Financial Industry Regulatory Authority is investigating alleged unauthorized trading of Apple shares that has put Rochdale in a precarious financial position.

China's Sinopec Moves Into Small U.S. Town

Posted: 05 Nov 2012 05:18 PM PST

An arm of state-controlled Sinopec is planning to build an advanced facility in Medicine Bow, Wyo. The unlikely location is the next phase of China's advance into the U.S. energy market.

Formula 1 Hits a Scary Turn

Posted: 05 Nov 2012 05:02 PM PST

German prosecutors are considering whether to charge Formula One chief Bernie Ecclestone for bribery, a move that would threaten to upend the racing circuit's ties to major sponsors and fans.


Election Likely to Leave Housing Unmoved

Posted: 05 Nov 2012 07:39 PM PST

Ahead of the Tape: Don't fix what isn't broken. Whatever the outcome of Tuesday's elections, that is likely to be one view of the housing market, especially given its nascent rebound.

Europe, ECB Spar Over Athens Aid

Posted: 05 Nov 2012 06:46 PM PST

Europe's governments and the European Central Bank are at odds about who should shoulder the financial burden of giving Greece more time to repay its loans and remain part of the euro zone.

Express Scripts Earnings Rise 21%

Posted: 05 Nov 2012 02:44 PM PST

Express Scripts' earnings rose 21% as the pharmacy-benefit manager got a boost from this year's acquisition of rival Medco.

EU Regulators Cite Antitrust Problems in TNT-UPS Deal

Posted: 05 Nov 2012 07:54 PM PST

EU regulators warned that UPS's planned takeover of TNT Express raises competition problems in almost all 27 member states.


HarperCollins Closes Warehouses

Posted: 05 Nov 2012 06:25 PM PST

HarperCollins will close its last two warehouses in the U.S., a sign of how digital books are prompting publishers to rethink distribution of printed books.

Kaiser Names New CEO

Posted: 05 Nov 2012 01:58 PM PST

Kaiser Permanente said its current president, Bernard J. Tyson, will become its new chairman and CEO, succeeding George C. Halvorson, who is retiring.


Abbott Unit Sells $14.7 Billion in Debt

Posted: 05 Nov 2012 03:04 PM PST

The deal was the U.S. debt market's largest offering in more than three years and the third-largest U.S. corporate offering on record.

Cracker Barrel Wins Support in Proxy Fight

Posted: 05 Nov 2012 11:35 AM PST

Cracker Barrel Old Country Store said ISS and Glass Lewis, two proxy-advisory firms, are recommending that stockholders reject a dissident investor's board nominees.

Tesla Posts Loss, but Production Ramps Up

Posted: 05 Nov 2012 01:43 PM PST

Tesla Motors posted a wider third-quarter loss on rising expenses, but its share rose as the electric-car maker reported an uptick in production.

Apple Totes Up iPad Sales

Posted: 05 Nov 2012 01:37 PM PST

Apple said it sold three million iPads in the three days since the debut of the iPad Mini, which was "practically sold out."

U.S. Says Corinthian Colleges Doesn't Measure Up

Posted: 05 Nov 2012 07:53 AM PST

Corinthian Colleges said it received a letter from the U.S. Department of Education that disputes the for-profit educator's conclusions regarding its eligibility for federal financial-aid programs.