"Wallstreet" Reader

"Wallstreet" Reader

China PMI Weighs on Asian Shares

Posted: 30 Jun 2013 07:59 PM PDT

Asian shares were lower as a slowdown in China's manufacturing sector weighed on sentiment. Australia's S&P/ASX 200 fell 1.6%.

This Time Gold Fails to Shine

Posted: 30 Jun 2013 05:44 PM PDT

Unlike in April, the sharp decline in gold prices this month hasn't attracted retail buyers in China and India, making the selloff worse.

Apple's Next Great Leap Forward

Posted: 30 Jun 2013 07:29 PM PDT

Heard on the Street: Apple is yet to tap the world's biggest pool of potential iPhone buyers: China Mobile's customers. That is set to change. When and how will help determine whether the U.S. technology company's flagging stock can regain momentum.

Second-Quarter Strategies Prove Vulnerable

Posted: 30 Jun 2013 06:53 PM PDT

Investors now face a landscape where it is clear just how vulnerable markets are to central-bank moves.

Insurance Costs Set for a Jolt

Posted: 30 Jun 2013 07:23 PM PDT

Healthy consumers could see insurance rates double or even triple when they look for individual coverage under the federal health law later this year, while the premiums paid by sicker people are set to become more affordable, according to a WSJ analysis.

Dell's Dilemma: Overseas Cash

Posted: 30 Jun 2013 06:53 PM PDT

Advisers working on Dell's $24.4 billion buyout are trying to solve a problem: how to use the computer maker's foreign cash without paying a $2.6 billion U.S. tax bill.

U.S. Looks to Blunt Corporate Espionage by Chinese Firms

Posted: 30 Jun 2013 04:36 PM PDT

The U.S. could be signaling stepped-up prosecution of Chinese firms accused of stealing trade secrets, after filing charges against one of China's largest wind-turbine manufacturers.

How Next Debt-Ceiling Fight Could Play Out

Posted: 30 Jun 2013 05:25 PM PDT

Sometime this fall, Washington lawmakers are expected to lock horns again over whether to raise the government's borrowing limit, a fight that could play out in a number of different ways.

Defensive Stocks Won't Shield Investors

Posted: 30 Jun 2013 06:41 PM PDT

Heard on the Street In the recent rally, stocks that traditionally have been regarded as safe did better than they usually do in bull markets. In the process, defensive stocks got less safe.

Nokia to Buy Out Siemens From Joint Venture

Posted: 30 Jun 2013 06:52 PM PDT

Nokia agreed to pay €1.7 billion ($2.21 billion) to buy Siemens out of its 50% stake in a telecom-equipment joint venture between the two companies.

Manufacturing Reading Could Tell U.S. Fortune

Posted: 30 Jun 2013 05:30 PM PDT

Ahead of the Tape: The overall trajectory of U.S. manufacturing data looks vulnerable. Weakness in the latest reading out Monday could be a harbinger of recession and also equity bear markets.

Honeywell Plant Trims Its Waste

Posted: 30 Jun 2013 07:46 PM PDT

A Honeywell plant in Illinois has increased its efficiency while cutting its workforce in half—illustrating the shop-floor improvements that economists and academics have dubbed a U.S. manufacturing renaissance.

Wary Investors Turn to Cash

Posted: 30 Jun 2013 05:57 PM PDT

Recent market turmoil is pushing more investors into cash. Bond and stock mutual and exchange-traded funds saw outflows of $19.96 billion in the week ended Wednesday.

A Comedown for Big-Budget Movies

Posted: 30 Jun 2013 06:33 PM PDT

Summer is when spectacle rules the big screen. But smaller-budget movies have been beating big-budget ones, and another is poised to do so this week as "Despicable Me 2" takes on "The Lone Ranger."

Onyx Rebuffs Amgen, Solicits Other Bidders

Posted: 30 Jun 2013 07:57 PM PDT

Onyx Pharmaceuticals said it is now seeking potential buyers after rejecting an unsolicited acquisition proposal from Amgen that valued the cancer-drug maker at around $8.7 billion, based on shares outstanding.