Apple Earnings Surge 33% on iPhone Sales

Related Link: 

Apple posted a 33% increase in quarterly profit, boosted by surging iPhone sales and explosive growth in China. The company also raised its dividend 11% and its share-repurchase program by $50 billion.

Debt Accumulates in the Oil Patch

Related Link: 

Oil and gas companies are continuing to pile up debt, a trend some warn could extend the slump in energy prices and hit economies reliant on the sector for growth and tax revenues.

Pratt & Whitney Rebuts F-35 Engine Criticism

Related Link: 

Pratt & Whitney fired back at criticism from two government watchdogs about its flagship military jet engine, insisting reliability issues were under control.

Time Warner Cable Reached Out to Cox to Discuss Deal

Related Link: 

Time Warner Cable reached out to Cox Communications in recent days to discuss the possibility of a combination of the two cable companies, but Cox didn't show interest.

Deutsche Cuts Investment, Retail Operations

Related Link: 

Deutsche Bank aims to close gap between itself and rivals in terms of profitability and capital adequacy.

Deutsche Bank's Realism Makes Bleak Reading

Related Link: 

Deutsche Bank has unveiled a big cut in targeted returns. That may be more realistic but only serves to underline the continuing problems at the German lender.

U.S. Stocks Edge Lower

Related Link: 

U.S. stocks edged lower on Monday, as declines in biotechnology shares weighed on the Nasdaq Composite.

Nomad Hungry for More Food Deals

Related Link: 

Nomad’s founders Martin E. Franklin and Noam Gottesman, backed by the surging strength of the U.S. dollar, want to climb to the top of the food chain. Nomad last week agreed to buy Iglo Foods for €2.6 billion ($2.81 billion)

Verizon: Dish Coordinated Bidding in Spectrum Auction Went Too Far

Related Link: 

Verizon Communications says rival Dish Network’s coordinated bidding with two affiliated entities in an Federal Communications Commission spectrum auction went too far and may have violated the agency’s rules.

Akorn's Restatement Drives Investors Nuts

Related Link: 

Generic-drug maker Akorn has run into accounting issues. In today’s frenzied deal market, though, that might attract interest.

Syndicate content