"Wallstreet" Reader

"Wallstreet" Reader

Martin Marietta Likely to Seek Friendly Vulcan Bid

Posted: 02 Dec 2012 08:00 PM PST

Martin Marietta Materials is likely to explore a friendly offer for rival gravel and sand supplier Vulcan Materials, rather than launch another hostile takeover attempt, according to people familiar with the decision.


China's Factories Lead Asian Recovery

Posted: 02 Dec 2012 07:47 PM PST

Asia's manufacturing sector appears to be on the mend while inflation remains tame, giving policy makers scope to support demand if global economic conditions deteriorate.


Same-Day Delivery Becomes Costly Web Battleground

Posted: 02 Dec 2012 05:55 PM PST

To gain a competitive edge, companies are racing to offer same-day delivery of online orders.


Asian Shares Rise; China PMI Boosts Sentiment

Posted: 02 Dec 2012 06:19 PM PST

Asian shares rose Monday as a rise in China's official manufacturing PMI to a seven-month high over the weekend boosted sentiment. The S&P/ASX rose 0.7%.

Clock Ticks for SAC Investors

Posted: 02 Dec 2012 05:01 PM PST

The hedge-fund firm allegedly involved in what the government has described as the biggest insider-trading case it has made, has under three months to convince investors to stick with the money manager.

No-Frill Legal Services Grow

Posted: 02 Dec 2012 06:52 PM PST

Competition is heating up in the market for no-frills online legal services.

Canceled Marathon Leaves Insurance Battle

Posted: 02 Dec 2012 06:12 PM PST

The New York Roadrunners Club and its insurers have been waging a battle over how much money race organizers will be able to reclaim in the wake of last month's canceled New York City Marathon.


High Court Takes Generic-Drugs Case

Posted: 02 Dec 2012 03:51 PM PST

The U.S. Supreme Court agreed to hear a case that could further limit the ability of consumers to bring product-liability lawsuits alleging they were harmed by generic drugs.

Banks Push Harder to Trim Fat

Posted: 02 Dec 2012 07:15 PM PST

Banks and securities firms are under pressure to tighten their belts to keep pace with shrinking revenue.

Ad-Spending Outlook Dims

Posted: 02 Dec 2012 04:02 PM PST

Three big ad companies are revising down their projections for 2013 global ad spending growth, citing economic troubles in Europe and lackluster conditions in the U.S., among other factors

Jobs Picture Should Brighten in 2013

Posted: 02 Dec 2012 03:26 PM PST

The Outlook: If the U.S. can avert the fiscal cliff, the outlook for workers finding jobs is actually looking pretty good for next year.

Delta in Talks to Buy 49% Stake in Virgin

Posted: 02 Dec 2012 07:38 PM PST

Delta Air Lines has approached Singapore Airlines to discuss buying its 49% stake in British carrier Virgin Atlantic Airways.


Consumer, Drug Firms Vie in Vitamins

Posted: 02 Dec 2012 05:07 PM PST

A recent bidding war between Reckitt Benckiser and Bayer for vitamin maker Schiff Nutrition International could be a taste of things to come, as consumer-products companies and drug makers jostle to grab a slice of a growing market for vitamins and health supplements.

LNG Tanker Charts Shortcut to Asia

Posted: 02 Dec 2012 12:08 PM PST

A tanker full of liquefied natural gas is about to complete a trip through the Arctic Ocean to Asia, as a combination of climate change, the shale-gas revolution and the earthquake in Japan opens a potentially disruptive trade route.


'Twilight' Stays Atop Box Office

Posted: 02 Dec 2012 11:46 AM PST

"The Twilight Saga: Breaking Dawn, Part 2," the final film of the teen vampire franchise, took the No. 1 spot for the third consecutive week, earning $17.4 million.

Air Berlin to Lay Out Overhaul

Posted: 02 Dec 2012 11:37 AM PST

Air Berlin will meet with its labor unions to outline one of the European airline industry's most keenly watched restructuring plans—moves that include the sale of a stake in the carrier's frequent-flier loyalty program.

Small Banks Face Their Own Cliff

Posted: 02 Dec 2012 10:43 AM PST

On Jan. 1, a program that insures an unlimited amount of money in non-interest-bearing accounts will expire unless Washington moves to extend it, affecting about $1.6 trillion in deposits.

BP Investors to Keep Eyes on Russia

Posted: 02 Dec 2012 07:49 PM PST

Many BP investors hope to learn fresh details on Monday about the energy giant's plans as a smaller, more focused company.


SEC Chief Delayed Rule Over Legacy Concerns

Posted: 02 Dec 2012 04:44 PM PST

In one of her last acts as SEC chairman, Mary Schapiro delayed a rule potentially affecting hundreds of billions of dollars of private offerings by companies.


New Rules for Life Insurers

Posted: 02 Dec 2012 08:01 PM PST

State regulators on Sunday approved new rules for how U.S. life insurers set reserves for future claims, a decision that may free up billions of dollars to help boost the industry's flagging returns.