Global Drug Industry Does About-Face

Related Link: 

After decades of broadening their drug portfolios through acquisitions, pharmaceutical companies are reversing course to focus more narrowly on what they think they can do best.

Gannett Profit Slides 43%, as Costs Rise

Related Link: 

U.S. media group Gannett Co. said first-quarter profit slid 43%, as an increase in operating expenses offset revenue gains driven by its broadcasting business.

Activists Wept for There Were No More Worlds to Conquer

Related Link: 

WSJ columnist Dennis Berman says that by persistent menace and frequent success, the activist investing agenda—buybacks and dividends, cost-cutting and tax gambits—has hardened into the default boardroom agenda, too.

GM Ships Kits to Fix Switches

Related Link: 

General Motors said thousands of kits with ignition switches, ignition cylinders and key sets have been shipped to repair cars included in its recent safety recall.

HBO to Allow Amazon to Stream Older Shows

Related Link: 

HBO agreed to license older episodes of its programming library to Amazon's Prime Instant Video streaming service, the first time the premium cable channel has struck such a deal with an online streaming service.

Norfolk Southern Profit Falls 18% as Revenue Slips

Related Link: 

Norfolk Southern said its first-quarter earnings fell 18% as the railroad operator's revenue declined modestly.

Delta's Profit Surges Despite Weather

Related Link: 

Delta Air Lines first-quarter earnings surged, with higher revenue and passenger demand and despite a sharp rise in flight cancellations from adverse weather.

Kashagan Pipelines Need Replacing

Related Link: 

A consortium developing the giant Kashagan oil field in Kazakhstan, that has been closed since last October, has concluded that pipelines carrying both oil and natural gas from offshore wells need to be replaced, the deputy head of the group said.

Google, SunPower to Finance Solar Leases

Related Link: 

Pact between Google and SunPower will provide financing support for about $250 million of residential solar-lease projects.

Brinker Profit Rises on Higher Sales

Related Link: 

Brinker International Inc.'s said its third-quarter profit climbed 8.3% as the operator of the Chili's Grill & Bar and Maggiano's Little Italy chains posted higher same-restaurant sales at its chains.

Syndicate content