Andreessen to Leave eBay Board

Related Link: 

EBay said venture capitalist Marc Andreessen has decided to resign from the company’s board. His presence on the board had been criticized by activist investor Carl Icahn.

Philips Swings to Loss

Related Link: 

Philips said it swung to a net loss for the third quarter because of a production suspension at one of its health-care plants and legal provisions.

IBM Revenue Drops; to Transfer Chip Ops

Related Link: 

IBM posted sharply lower earnings in its third quarter as sales fell across several divisions and the tech giant unveiled a deal to transfer its semiconductor operations to Globalfoundries.

Halliburton Raises Dividend, Revenue Increases 16%

Related Link: 

Halliburton Co. said its board has approved a 20% increase to its quarterly dividend, while also reporting a 16% jump in revenue during the third quarter.

Canadian Pacific, CSX Talks End

Related Link: 

Canadian Pacific Railway said exploratory talks with CSX about a possible merger have ended and no further discussions are planned.

Valeant Earnings Top Views

Related Link: 

Valeant Pharmaceuticals, whose business model has been criticized by buyout target Allergan, posted third-quarter earnings that exceeded expectations.

NCR Cuts Guidance on Retail Weakness, Customer Data Fears

Related Link: 

NCR Corp., which makes point-of-sale devices and automated teller machines, cited weakness in the retail industry and fear over customer-data security as the company cut its guidance for the year.

Platform Specialty Products to Buy Arysta

Related Link: 

Platform Specialty Products, an acquisitive chemical company part-owned by activist investor William Ackman, agreed to acquire rival Arysta LifeScience for $3.51 billion.

Sears Seeks New Cash Via Two Paths

Related Link: 

Sears, the struggling one-time U.S. retail stalwart, unveiled two new measures in a bid to raise cash, one of which again taps into the hedge fund of its billionaire chief executive.

EU, China Complete Deal on Telecoms Equipment

Related Link: 

The European Union and China completed a deal over the weekend that will end the threat of punitive import tariffs on Chinese telecommunications equipment makers Huawei Technologies and ZTE.

Syndicate content