Category Archives: Business

US: Want to sit with your family on the plane this summer? Be prepared to pay … – Washington Post


Plain Dealer

US: Want to sit with your family on the plane this summer? Be prepared to pay ...
Washington Post
NEW YORK — If you're flying this summer in the US, be prepared to kiss your family goodbye at the gate. Even if they're on the same plane. US airlines are reserving a growing number of window and aisle seats for passengers willing to pay extra.
Get adjacent seats on a plane without paying extraThe Associated Press
Forced to fly solo, even on family vacationsHouston Chronicle

all 123 news articles »

Regulators to review JPMorgan’s trading losses – USA TODAY


New York Times

Regulators to review JPMorgan's trading losses
USA TODAY
WASHINGTON (AP) – The head of the Commodity Futures Trading Commission says the agency has begun an investigation into JPMorgan Chase's ill-timed bet on complex financial instruments that led to more than $2 billion in trading losses.
JPMorgan Shows Need to Curb Overseas Swaps, Gensler SaysSan Francisco Chronicle
US Derivatives Regulator Calls JP Morgan 'Stark Reminder'NASDAQ
CFTC confirms JP Morgan investigationMarketWatch

all 112 news articles »

Chesapeake shares up after company vows to cut pay – CBS News


Wall Street Journal

Chesapeake shares up after company vows to cut pay
CBS News
Chesapeake Energy Corp.'s shares jumped in trading Monday after the natural gas and oil company vowed to cut the pay and perks for its outside directors as it clamps down on its leadership. THE SPARK: Chesapeake announced Friday that it will cut the ...
Pay Cut for Chesapeake DirectorsZacks.com
Chesapeake directors cut pay; still highly compensatedDallas Business Journal
Chesapeake Director's Firm Paid $343 Million Amid TiesBusinessWeek
Wall Street Journal -Reuters
all 34 news articles »

Houghton Mifflin files Chapter 11 bankruptcy – CNBC.com


Toronto Star

Houghton Mifflin files Chapter 11 bankruptcy
CNBC.com
(Reuters) - Houghton Mifflin Harcourt Publishers Inc, whose textbooks have been a staple in American schoolhouses for decades, filed for Chapter 11 bankruptcy protection on Monday after agreeing with creditors to eliminate $3.1 billion of debt.
Houghton Mifflin Harcourt Publishing Files for BankruptcySan Francisco Chronicle
Houghton Mifflin files for bankruptcy protectionThe Detroit News
Houghton Mifflin Harcourt files for bankruptcyChristian Science Monitor
Kansas City Star -Los Angeles Times
all 146 news articles »

Facebook Falls Below its IPO Price – BusinessWeek


CTV.ca

Facebook Falls Below its IPO Price
BusinessWeek
By Roben Farzad on May 21, 2012 Less than an hour into only its second day of trading, 88 million shares of Facebook (FB) had changed hands and the price was down 12 percent from Friday's close of $38.23. By 12:30, the stock was trading at $33.72.
Facebook Falls Below $38/Share IPO Price And $100 Billion ValueWall Street Journal
US STOCKS-Wall St bounces but investors dump FacebookReuters
Facebook Stock Drops: What Really Goes On In IPOsForbes
Barron's -TheStreet.com -CNET
all 4,183 news articles »

Financial Wisdom For Wedding Guests – ABC News


Financial Wisdom For Wedding Guests
ABC News
Quotes delayed 15 minutes for NASDAQ. 20 minutes for NYSE and AMEX. Market Data provided by Interactive Data. Terms & Conditions.
Why the Facebook Fall is GoodFox Business

all 11 news articles »

Greek Euro Exit By Numbers: What Economists Expect – Wall Street Journal


Telegraph.co.uk

Greek Euro Exit By Numbers: What Economists Expect
Wall Street Journal
By Katie Martin and Laura Clarke LONDON (Dow Jones)--As the prospect of Greece leaving the euro becomes more real by the day, economists are trying to figure out what would happen next, to the economy and to the markets. Nothing is certain here; ...
Hedge Funds Rebuild Euro Bear Bets on Greek Exit Banks WeighSan Francisco Chronicle
Showdown looming over eurobondsTelegraph.co.uk
Greece and the euro: the essential guideThe Guardian
Reuters -The Associated Press -Economic Times
all 1,441 news articles »

Facebook Reeling From IPO Mess – Fox Business


Facebook Reeling From IPO Mess
Fox Business
Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Terms & Conditions). Powered and Implemented by Interactive Data Managed Solutions. Company fundamental data provided by ...
Facebook Honeymoon Over: Stock PlummetsABC News

all 0 news articles »

Campbell Raising Condensed Soup List Prices 5% Next Month – Wall Street Journal


Globe and Mail

Campbell Raising Condensed Soup List Prices 5% Next Month
Wall Street Journal
By Paul Ziobro Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Campbell Soup Co. (CPB) plans to raise list prices on its condensed soups 5% starting in June. Chief Financial Officer Craig Owens said Monday that the price increases are coming because the ...
News Summary: Campbell's profit slips as soup sales remain coldWashington Post
Campbell's profit slips as soup sales remain coldSeattle Post Intelligencer
Lowe's, Tidewater Net Up; Campbell Soup Net Fall123Jump.com

all 276 news articles »

PRECIOUS METALS: Comex Gold Eases After No G-8 Surprises – Wall Street Journal


Telegraph.co.uk

PRECIOUS METALS: Comex Gold Eases After No G-8 Surprises
Wall Street Journal
By Matt Day Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Gold futures eased on Monday after the large gains seen late last week, as some investors who had bet that world leaders over the weekend would announce gold-supportive steps to prop up growth ...
Gold futures follow euro's diveDaniels Trading
Gold Extends Advance as Wen Comment Boosts StocksBloomberg
Gold retreats as softer euro curbs reboundReuters
Forbes -Learning and Finance -Christian Science Monitor
all 175 news articles »

Facebook Shares Day 2: Down 13% Early – Wall Street Journal


Telegraph.co.uk

Facebook Shares Day 2: Down 13% Early
Wall Street Journal
By DREW FITZGERALD NEW YORK—Facebook Inc. shares plunged on their second day on the stock market, a black eye for all those involved with the social networking company going public. Facebook shares traded early Monday at $33.15, down 13%, or $5.08, ...
Facebook Shares Fall Below IPO Offering PriceCNBC.com
Facebook Shares Retreat Below IPO PriceFox Business
Nasdaq announces plan for unfilled Facebook ordersReuters
San Francisco Chronicle -ABC News
all 1,257 news articles »

Eaton Agrees To Acquire Cooper Industries In $11.8 Billion Cash-And-Stock Deal – Wall Street Journal


Plain Dealer

Eaton Agrees To Acquire Cooper Industries In $11.8 Billion Cash-And-Stock Deal
Wall Street Journal
Industrial manufacturer Eaton Corp. (ETN) agreed to acquire electrical equipment supplier Cooper Industries PLC (CBE) in a roughly $11.8 billion cash-and-stock deal it expects will vastly expand its power management portfolio and electrical business.
Eaton Buys Cooper in 2012's Biggest Industrial DealTheStreet.com
Eaton buying Cooper Industries in cash-and-stock deal valued at about $11.46 ...Washington Post
Eaton Corporation to Buy Cooper Industries for $11.8 billionNew York Times
Bloomberg -Reuters
all 119 news articles »

Alibaba Buys Back $7.1 Billion Stake From Yahoo as IPO Looms – San Francisco Chronicle


msnbc.com

Alibaba Buys Back $7.1 Billion Stake From Yahoo as IPO Looms
San Francisco Chronicle
(Updates shares in the 19th paragraph.) May 21 (Bloomberg) -- Alibaba Group Holding Ltd., China's largest e-commerce provider, agreed to repurchase about a 20 percent stake in itself from US Web portal Yahoo! Inc. for about $7.1 billion ahead of a ...
Yahoo To Return 'Substantially All' Alibaba Proceeds To ShareholdersNASDAQ
Alibaba buys back 20 percent stake held by Yahoo for $7.1 billionmsnbc.com
Euro-zone pressure, Yahoo, Lowe's in focusMarketWatch
PCWorld -Chicago Sun-Times -The News Journal
all 1,032 news articles »

Treasuries Erase Losses as Leaders Meet in Europe – BusinessWeek


Bloomberg

Treasuries Erase Losses as Leaders Meet in Europe
BusinessWeek
By Susanne Walker on May 21, 2012 Treasuries erased losses as German and French finance ministers meet before a summit of regional leaders to discuss ways to contain the European debt crisis, stoking demand for government debt.
US Treasurys Pull Back After Recent Rally, Ahead Of SupplyWall Street Journal
TREASURIES-US bonds fall after last week's rallyReuters
Where the Stock and Bond Bargains Are HidingSmartmoney.com
Clarksville Online
all 14 news articles »

Markets inch up after G-8 vague on Europe fix – The Associated Press


Globe and Mail

Markets inch up after G-8 vague on Europe fix
The Associated Press
By NATALIYA VASILYEVA, AP Business Writer – 1 minute ago MOSCOW (AP) — Global stocks rose modestly on Monday, though gains were limited by concerns that leaders from the Group of Eight most powerful countries had failed to provide a concrete plan to ...
GLOBAL MARKETS-Shares edge higher but Greek fears lingerReuters
Eurobond clash set for EU summitMarketWatch
Cameron: Greece must decide whether to remain in the euroBBC News
Boston.com
all 1,475 news articles »

Stocks open higher on Wall Street, Facebook falls – USA TODAY


USA TODAY

Stocks open higher on Wall Street, Facebook falls
USA TODAY
NEW YORK (AP) – Stocks are opening higher on Wall Street after a new survey suggested that economists are more optimistic about housing and employment. Facebook slid below its initial offering price. By Richard Drew, AP Richard Newman works on the ...
Stocks Largely Ahead, but Not FacebookNew York Times
Wall Street Pushes Higher After SelloffFox Business
US STOCKS SNAPSHOT - Wall St rises at open after worst week of yearReuters
Houston Chronicle
all 62 news articles »

Barclays Quits BlackRock – TheStreet.com


Globe and Mail

Barclays Quits BlackRock
TheStreet.com
By Antoine Gara 05/21/12 - 09:09 AM EDT NEW YORK (TheStreet) -- Barclays(BCS) said Monday that it will to sell its $6.1 billion stake in BlackRock(BLK) in an effort to meet new regulatory measures. Banks will likely seem un-investible near-term amid ...
Barclays To Dispose Of Entire $6.1B Holding In BlackrockWall Street Journal
Barclays to sell 20% stake in BlackRockThe Guardian
Barclays to Sell $6.1B BlackRock StakeFox Business
San Francisco Chronicle -NASDAQ -Financial Times
all 215 news articles »

Chinese company buys AMC movie theater chain – USA TODAY


Telegraph.co.uk

Chinese company buys AMC movie theater chain
USA TODAY
By Calum MacLeod, USA TODAY BEIJING – The Chinese are coming — to your local movie theater. With the fanfare from Superman, and toasts of red wine, representatives of Chinese company Wanda signed a deal in Beijing Monday morning to buy AMC, ...
Chinese Company to Buy Movie Theater Chain AMCTIME
Chinese company to buy US movie theater chain...Royal Oak Daily Tribune
China forms world's largest cinema group after buying AMCTelegraph.co.uk
TheCelebrityCafe.com -ABC News
all 475 news articles »

US Stock Futures Rise On Back Of Broad Gains In Europe – Wall Street Journal


Globe and Mail

US Stock Futures Rise On Back Of Broad Gains In Europe
Wall Street Journal
By Tomi Kilgore DOW JONES NEWSWIRES NEW YORK (Dow Jones)--US stock futures traded higher Monday morning, bouncing from a recent stretch of sharp declines, as broad gains in European markets helped soothe some fears about contagion from Greece.
US STOCKS-Futures signal rebound, G8 assures investorsReuters
U.S. stock futures signal bounceMarketWatch
European Stocks Rebound From Last Week's Drop; Renault RalliesSan Francisco Chronicle
CNN -Zacks.com
all 166 news articles »

Campbell Soup 3Q Profit Falls 5.4% Amid Higher Costs – Wall Street Journal


Campbell Soup 3Q Profit Falls 5.4% Amid Higher Costs
Wall Street Journal
Campbell Soup Co.'s (CPB) fiscal third-quarter earnings fell 5.4% as the food company was hit by rising commodities prices and higher marketing and selling expenses. For the year, Campbell now expects adjusted earnings near the higher end of its ...
Campbell reports lower third quarter net income on higher costs, sluggish salesWashington Post
Campbell Soup Profit Falls, But Beats EstimatesFox Business
Campbell Souyp profit slipsMarketWatch
DailyFinance
all 85 news articles »