Monsanto Profit Falls 15% on Weak Sales

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Monsanto said its earnings fell 15% in the February quarter as sales weakened, farmers planted fewer acres and a stronger U.S. dollar pressured results.

América Móvil Prepares to Spin Off Cellular Towers

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Mexican telecommunications company América Móvil said it will submit a plan to shareholders this month to spin off certain mobile assets into a separate company.

Macerich Rejects Simon Property's Takeover Bid

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Real-estate investment trust Macerich rejected a bid from rival Simon Property Group, which promptly withdrew its $16.8 billion offer, ending for now the possible combination of rival mall operators.

Macellum Criticizes Christopher & Banks Board in Letter to Chairman

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Macellum Advisors GP LLC has criticized the board of women’s retailer Christopher & Banks Corp. and suggested it consider a potential sale, in a letter addressed to chairman Paul Snyder.

NuVasive CEO Resigns After Probe

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NuVasive Inc. said Chairman and Chief Executive Alex Lukianov resigned after an investigation overseen by the medical-device company’s board found he didn’t comply with some of its expense reimbursement and other policies.

EU Airlines Face Growing Demand for Passenger Data

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The EU has an agreement with the U.S. over so-called passenger-name records. Now more governments are demanding the same.

Yukos Investors Settle Dispute With Rosneft

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Russian state-controlled energy group OAO Rosneft has settled all outstanding litigation with former minority shareholders of Yukos whose main assets it took over in 2007 after the oil giant was bankrupted by the Kremlin.

Acuity Earnings Rise 41%

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Acuity Brands Inc. said its earnings rose 41% in the February quarter as demand for LED lights continued to grow.

Bright House Deal Advances Malone's Cable Ambitions

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John Malone missed out on acquiring Time Warner Cable, but his deal to buy Bright House Networks is putting him back at the center of the cable industry’s transformation.

Hong Kong Broadcaster to Shut Down

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Hong Kong’s Executive Council won’t renew the free-to-air license of Asia Television when it expires Nov. 30. The station will be allowed to broadcast until April 1, 2016.

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