Investors Optimistic About Oil-Company Stocks After Earnings

Related Link: 

Many oil companies saw their shares rise after reporting first-quarter earnings because they either swung to a profit or reported smaller losses than anticipated.

Dole Food Under Investigation Over Listeria Outbreak

Related Link: 

The U.S. Justice Department has launched a criminal investigation into Dole Food Co. over a listeria outbreak linked to four deaths in the U.S. and Canada and multiple other illnesses.

Johnson Controls Uses RFID Tags to Unravel Riddle of Missing Crates

Related Link: 

A push into RFID tagging helped auto-parts maker Johnson Controls pinpoint the costly detours of shipping boxes and solve a logistics riddle that grows out of the automotive industry’s sprawling supply chain.

U.S. Chides Five Economic Powers Over Policies

Related Link: 

The Obama administration delivered a shot across the bow to Asia’s leading exporters and Germany for their economic policies and warned that a number of major economies around the globe could face intense pressure to engage in currency interventions to counter slow growth.

Anemic Wage Growth Restraining Economy

Related Link: 

Years of solid job gains are failing to produce a breakout in wages, suppressing the spark needed for a sustained pickup in economic growth.

Exxon Mobil Posts Smallest Profit Since 1999 Merger

Related Link: 

Exxon Mobil, the largest U.S. oil company, reported its smallest quarterly profit since 1999, a 63% plunge from a year ago, as oil prices remain depressed.

Priceline's Ousted CEO's Pay Fell 32% After Board Rebuke

Related Link: 

Priceline Group’s ousted CEO Darren Huston’s compensation dropped 32% last year after fellow directors decided not to pay him a cash bonus as they investigated a relationship they later deemed inappropriate.

Valeant Files Overdue Annual Report, Makes Sweeping Board Changes

Related Link: 

Valeant filed its overdue annual report, resolving the looming danger of debt default and at revealing a number of new investigations into its business practices. It also outlined sweeping board changes as it seeks to change its tone at the top of the company.

Sanofi Seeks Talks With Medivation Over $9.3 Billion Offer

Related Link: 

Medivation, a Nasdaq-listed company that focuses on hard-to-treat cancers, has rebuffed a takeover approach by the French drugmaker.

Amazon Delivers 4th Straight Profit

Related Link: 

Amazon swung to a better-than-expected first-quarter profit—its largest ever for a quarter—as the company benefited from surging growth in its Web services division.

Syndicate content