FCC Raises Billions in Spectrum Sale

Related Link: 

The Federal Communications Commission’s biggest ever auction of wireless spectrum closed Thursday and raised a record $44.9 billion, a sign of the growing cost of supporting Americans’ smartphone habit.

ConocoPhillips Records Loss, to Further Slash Capital Budget

Related Link: 

ConocoPhillips announced plans Thursday to pare its capital budget by another 15% as the exploration and production company swung to a loss in its fourth quarter amid tumbling crude oil prices.

Shake Shack Prices IPO at $21, Above Expectations

Related Link: 

Restaurant chain Shake Shack Inc., known for its burgers and crinkle-cut fries, priced its initial public offering above expectations at $21 apiece late Thursday.

Alexion Pharmaceuticals Names COO to CEO

Related Link: 

Alexion Pharmaceuticals Inc. said Thursday that its No. 2 executive would take over as chief executive of the rare-disease drug developer.

Antitrust Suit Filed Against Caterpillar, Others

Related Link: 

An upstart online seller of Chinese construction equipment has filed an antitrust lawsuit against Caterpillar Inc. and three other companies, accusing them of conspiring to thwart the new venture.

Canadians to See Super Bowl Ads---in 2017

Related Link: 

Canada’s broadcast regulator said it will lift a rule that effectively prevents Canadians from seeing American Super Bowl ads during the game. But the change won’t occur until 2017

Biogen's Profit Nearly Doubles

Related Link: 

Biogen Idec said its fourth-quarter profit nearly doubled, as its portfolio of multiple sclerosis treatments drove a 34% growth in revenue.

Canadian Oil Sands to Further Slash Dividend

Related Link: 

Canadian Oil Sands Ltd. said it would further slash its dividend and speed up cost-cutting efforts in response to the sharp drop in oil prices.

Riverbed Tech's Profit Soars

Related Link: 

Riverbed Technology’s fourth-quarter profit soared on the sale of its SteelStore product line to NetApp Inc.

Broadcom Profit Soars on Sales Growth, Lower Costs

Related Link: 

Broadcom Corp. said fourth-quarter earnings surged thanks to continued growth in the chip maker’s broadband and connectivity business, as well as lower costs.

Syndicate content