Volvo Car Swings to Profit

Related Link: 

Swedish auto maker Volvo said it swung to a net profit during the first half of the year as car sales increased 9.5% on strong demand in China, Sweden and Western Europe.

Glencore Plans $1 Billion Buyback

Related Link: 

Glencore said it would buy back $1 billion in shares and avoid expensive expansion projects. But CEO Ivan Glasenberg signaled possible interest in mining assets that BHP plans to spin off.

Media General, LIN to Sell Stations

Related Link: 

Media General Inc. and LIN Media LLC said they reached deals to divest themselves of television stations in five markets to satisfy regulatory conditions for the companies' pending merger.

Technology Helps Pilots Land in Fog

Related Link: 

Rockwell Collins Inc. and other cockpit-equipment makers are developing technologies that could enable low-visibility landings now prohibited at scores of mid-size and smaller fields in the U.S.

Walgreen Shakeup After Bad Projection

Related Link: 

The drugstore giant pressured its CFO and pharmacy chief to leave after a bungled forecast of pharmacy profits related to its Medicare prescription-drug business.

AT&T's Network to Land on Google's Turf

Related Link: 

AT&T is bringing its GigaPower Internet service to Apple's hometown and a few miles from Google's doorstep in a race to wire the nation with ultrafast fiber optic cables.

Mylan Edges Toward Glaxo Drugs

Related Link: 

U.S. generic drugs company Mylan, as well as some private-equity groups and Indian drug makers, has made it through to the second round of bidding for a portfolio of mature drugs being sold by GlaxoSmithKline.

Geely Automobile Profit Falls

Related Link: 

Chinese auto maker Geely Automobile said first-half net profit fell 20% from a year earlier, as sales of the company's cars fell at home and abroad.

Luxottica Shares Fall on CEO Fears

Related Link: 

The world's largest eyewear company, Luxottica, which owns brands including Ray-Ban and Oakley, saw its shares fall up to 6% amid speculation that Chief Executive Andrea Guerra could be about to leave his position after 10 years with the Italian firm.

NFL to Coldplay: Pay to Play Super Bowl

Related Link: 

The National Football League doesn't usually pay the act that performs at halftime during the Super Bowl. But in a twist this year, the league has asked artists under consideration for the gig to pay to play.

Syndicate content