FedEx Results Disappoint

Related Link: 

FedEx reported that holiday peak shipping volume in November was lower than what retailers predicted, hurting the profitability of its ground business.

Universities Push Harder Into Realm of Startups

Related Link: 

Universities are stepping up efforts to create “spinouts,” or startups born from cutting-edge research. Some schools are creating funds to help cover startup costs. Others are pairing scientists with entrepreneurs, launching incubators, and even including entrepreneurial activity in faculty reviews.

OnDeck Capital Surges Above $20 IPO Price

Related Link: 

Shares of web-based small-business lender OnDeck Capital Inc. opened at $26.50, 32.5% above their initial public offering price Wednesday.

Junk Bond Market Turns Negative

Related Link: 

Trading turmoil has dragged junk-bond returns into the red for the year, creating an opportunity for some buyers to re-enter the market in a search for bonds at bargain prices.

Ford Recycles to Cut Truck Costs

Related Link: 

Ford is cutting about 20% from the cost of swapping aluminum for steel in F-150 body panels by sorting, cleaning and returning scrap to the same mills that supply it with metal sheets.

Dish Network to Integrate Netflix App

Related Link: 

Dish Network Corp. and Netflix Inc. said Wednesday that they reached a deal to integrate Netflix’s app into Dish’s latest set-top boxes, a significant boost to Netflix’s plans to expand its reach into U.S. pay-TV homes.

U.S. Oil Prices Rise Off Multiyear Lows

Related Link: 

Oil prices rallied Wednesday as traders closed out positions following a dramatic plunge in prices in recent months.

Ruble Volatile Despite Intervention

Related Link: 

The ruble strengthened in afternoon trading after Russia’s central bank announced measures to shore up the country’s banks following another volatile day for the currency.

Diageo Says Growth in U.S. Spirits Industry Slows

Related Link: 

Diageo PLC said growth in the U.S. spirits industry slowed in the past year amid intense price competition and signs that drinkers are falling out of love with flavored vodka.

Petrobras CEO Finds Herself in Crosshairs

Related Link: 

Petrobras chief Maria das Graças Silva Foster is under pressure as a corruption scandal swirls around the state-run oil company.

Syndicate content