Stocks
Vodafone Streamlines Structure
Vodafone announced a major restructuring of its divisions, placing all the minority stakes the company holds in other mobile operators into a single unit to be managed separately.
Categories: Stocks
New CEO for Burger King
Burger King's current CEO will be succeeded by former railroad executive Bernardo Hees after 3G Capital completes its buyout of the fast-food chain.
Categories: Stocks
Deutsche Bank Eyes Cash Call
Deutsche Bank is planning to raise as much as $11.44 billion to boost its stake in another German bank and possibly shore up its own capital, according to people familiar with the matter.
Categories: Stocks
EBay Wins Lawsuit Against Craigslist
EBay on Thursday won a lawsuit over Craigslist's move to deprive the online auction giant of its seat on the online classifieds group's board.
Categories: Stocks
China Car Shipments Pick Up
Chinese auto makers shipped 18.7% more vehicles in August than a year earlier, according to data that showed a moderate pickup in growth but that suggested producers are trimming dealer inventories.
Categories: Stocks
Nokia Tries to Take on iPhone
Nokia, the world's largest mobile phone maker by units, next week will detail its latest effort to counter the rise of smartphones made by Apple and others that has the jewel of Europe's telecommunications industry reeling.
Categories: Stocks
Ford Sees Uneven Car Sales Globally
Top Ford executives said Thursday that the global auto industry is slated for improvement this year despite uneven performance in several regions around the world.
Categories: Stocks
H-P Bribe Probe Is Widened
Hewlett-Packard disclosed that a probe by U.S. authorities of possible bribes the company paid in Russia is now wider than previously reported.
Categories: Stocks
Billboard to Launch Music-Ranking Service
Next month, Billboard will launch a new ranking for undiscovered artists and a subscription service to help them get noticed by managers, promoters and labels in search of up-and-coming talent.
Categories: Stocks
Nomura Bulks Up in North America
Nomura Holdings has hired a team of natural-resource bankers and is opening offices in Houston and Toronto this month, its latest moves to expand in North America.
Categories: Stocks
Reserve Fund Holders May Get '10 Tax Loss
Beleaguered investors in the Reserve Primary and Reserve Yield Plus funds may finally be getting a break—in the form of a recognizable tax loss.
Categories: Stocks
Elan Pulls SEC Into Its Boardroom Spa
In an unusual twist to a boardroom spat at Elan., the Irish biotech firm has reported one of its own directors to regulators at the SEC for potential insider-trading allegations.
Categories: Stocks
Sarrazin Quits Bundesbank
Germany's Bundesbank said board member Thilo Sarrazin is resigning after a public outcry over controversial comments he made about race and ethnicity.
Categories: Stocks
National Semi's Profit Jumps
National Semiconductor posted a sharply higher quarterly profit as strong demand from cellphone makers helped drive a 31% rise in revenue.
Categories: Stocks
Apple Eases App-Developer Rules
Apple relaxed restrictions on applications for its iPhones and iPads to allow apps made using Adobe's Flash as well as open up apps to Google's ad technology. The move comes as the government investigates Apple's practices in mobile-device software.
Categories: Stocks
Traders Chase Corinthian Rumor
Speculative traders took to the options market to bet on corporate takeovers, continuing a trend that has mushroomed since the bidding war for data-storage company 3PAR.
Categories: Stocks
BP Lawyers Reviewed Accident Report
BP, which billed its Deepwater Horizon investigation as an independent look at the disaster, said its lawyers were allowed to "review" the long-awaited report before it was published.
Categories: Stocks
BP Lawyers Reviewed Accident Report
BP, which billed its Deepwater Horizon investigation as an independent look at the disaster, said its lawyers were allowed to "review" the long-awaited report before it was published.
Categories: Stocks
Regulator Opposes NAB, AXA Deal
Australia's competition regulator continued its opposition to National Australia Bank's proposed bid for wealth management firm rival AXA Asia Pacific.
Categories: Stocks
Airgas Holders Urged to Approve Air Products Nominees
An influential proxy advisory firm recommended that Airgas shareholders vote for a slate of three board of director candidates put forth by Air Products as part of its $5.48 billion hostile bid for Airgas.
Categories: Stocks
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