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Financial News from The Wall Street Journal

  • [$$] Metso Rejects Weir Group's Merger Proposal @ The Wall Street Journal - 22 minutes ago

    Finland's Metso Oyj has rejected Scottish rival Weir Group's proposal to merge the two engineering companies, saying the deal isn't in the best interests of its shareholders and it remains confident of ...

  • [$$] Submersible Tries Again to Find Missing Jet @ The Wall Street Journal - 26 minutes ago

    An unmanned submersible is making a third attempt to find the wreckage of Malaysia Airlines Flight 370 after earlier sorties ran into technical difficulties.

  • [$$] China Shipbuilder Says Property Developer Defaulted on Loan @ The Wall Street Journal - 33 minutes ago

    Shenzhen-listed Sainty Marine Corp. said a property developer in Nanjing has failed to repay a 105.4 million yuan ($16.9 million) loan including interest.

  • [$$] Credit Suisse Profit Misses Forecasts @ The Wall Street Journal - 40 minutes ago

    Credit Suisse delivered a disappointing profit figure for the first quarter as the Swiss lender was weighed down by the performance of its investment bank.

  • [$$] Tesco Profit Falls @ The Wall Street Journal - 48 minutes ago

    Tesco posted its second consecutive fall in full-year profit as the U.K. retailing giant continued to struggle at home and abroad.

  • [$$] Burberry Sees Currencies Weighing on Profit @ The Wall Street Journal - 49 minutes ago

    Luxury clothing company Burberry Group reported a rise in second-half sales, helped by online growth, but said it expects currency movements to hurt profit.

  • [$$] Danone Sales Fall @ The Wall Street Journal - 1 hour 25 minutes ago

    Danone reported a 5.2% drop in first-quarter sales, weighed down by unfavorable foreign-exchange movements in some key emerging markets and as the group's turnaround in the crucial Chinese market take ...

  • [$$] GEA Sells Heat Exchanger Business Worth $1.8 Billion @ The Wall Street Journal - 1 hour 56 minutes ago

    German food processing machine maker GEA sold its heat exchangers business to funds advised by private-equity firm Triton Advisers.

  • [$$] What's News: World-Wide @ The Wall Street Journal - 2 hours 43 minutes ago

    What's News: World-Wide

  • [$$] When Spine Implants Cause Paralysis, Who Is to Blame? @ The Wall Street Journal - 2 hours 44 minutes ago

    More than 100 patients have experienced partial or permanent paralysis in recent years after having spinal-cord stimulators inserted in their backs, according to a Wall Street Journal analysis.

  • [$$] Diageo Makes $1.9 Billion Offer For Control of India's United Spirits @ The Wall Street Journal - 2 hours 49 minutes ago

    U.K. liquor giant Diageo offered $1.9 billion to raise its stake in India's biggest spirits maker to 54.78%, which would give it long-sought strategic control and further access to the country's population....

  • [$$] Companies Try to Get Kids Hooked on Fish Sticks @ The Wall Street Journal - 2 hours 49 minutes ago

    Fish sticks just aren't cutting it anymore. The frozen-fish industry has faced a problem of making the easy dinner staple more appealing, especially to children at home and in school.

  • [$$] Editor Says He Wasn't Aware of Dowler Phone Hacking @ The Wall Street Journal - 2 hours 50 minutes ago

    Former tabloid editor Andy Coulson testified that he had no role in editing a story about a missing girl that became the epicenter of the U.K. phone-hacking scandal.

  • [$$] Motorola Solutions Sells Scanner Business to Zebra Technologies @ The Wall Street Journal - 2 hours 50 minutes ago

    Zebra Technologies agreed to buy Motorola Solutions' scanner business for $3.5 billion in an effort to expand its bar-code and radio-tag business.

  • [$$] Glaxo Wins U.S. Approval for Diabetes Treatment Albiglutide @ The Wall Street Journal - 2 hours 50 minutes ago

    GlaxoSmithKline PLC's diabetes treatment albiglutide was approved for use by U.S. regulators, after a series of drug-development setbacks for the company.

  • [$$] To Build Cloud-Services, Some Companies Adopt OpenStack @ The Wall Street Journal - 2 hours 50 minutes ago

    OpenStack has become a key factor as companies consider whether to keep computing operations in-house or turn them over to external services known as public clouds run by Amazon.com and others.

  • Goaltending Is Rangers' Biggest Asset in Playoffs @ The Wall Street Journal - 2 hours 50 minutes ago

    Henrik Lundqvist appears to give the Rangers a big edge in their first-round playoff series against Steve Mason and the Philadelphia Flyers.

  • [$$] Building a School Replaces Its Used Energy @ The Wall Street Journal - 2 hours 50 minutes ago

    When P.S. 62 has its opening scheduled for the fall of 2015, it will be billed as a "net zero" school, producing at least as much energy as it consumes over the course of a year.

  • As Injuries Mount for Yankees, Steinbrenner Stands Pat @ The Wall Street Journal - 2 hours 50 minutes ago

    Despite a string of injuries—and free agent shortstop Stephen Drew being available—managing general partner Hal Steinbrenner is satisfied with where the team is.

  • [$$] GM Chief Can't Shake Recall Furor @ The Wall Street Journal - 2 hours 50 minutes ago

    General Motors' Barra sought to shift the focus to the auto maker's coming new vehicles and away from investigations of a troubled ignition-switch recall.

  • [$$] Chocolate-Making Family, Workers Rocked by Sandy @ The Wall Street Journal - 2 hours 50 minutes ago

    The story of Madelaine Chocolate Co. begins with Jack Gold and Henry Kaye, Holocaust survivors from Poland who emigrated to the U.S. after World War II.

  • Twitter Agrees to Buy Data Partner Gnip @ The Wall Street Journal - 2 hours 50 minutes ago

    Twitter agreed to acquire data partner Gnip, in a sign that the messaging service wants a bigger role in analyzing tweets for businesses hungry for insights from social media. It also hired a new product ...

  • [$$] The U.N., Cholera and Responsibility @ The Wall Street Journal - 2 hours 50 minutes ago

    An epidemic spread by Nepalese peacekeepers has killed 8,000 Haitians.

  • Brooklyn Nets Now the Only Playoff Show in Town @ The Wall Street Journal - 2 hours 50 minutes ago

    The Nets, who hold the No. 4 position in the Eastern Conference and represent New York's lone postseason representative, are no longer on the periphery of New York basketball.

  • Maybe a Low-Interest Policy Is Bad @ The Wall Street Journal - 2 hours 50 minutes ago

    The consequence of very low interest rates hasn't been abundant credit. Instead for the past five years, credit—especially for small businesses—has been extremely tight. In effect the Fed imposed price ...

  • Comcast's Enemy May Be Comcast @ The Wall Street Journal - 2 hours 50 minutes ago

    The company's readiness to concede to regulators is an anti-synergy.

  • Following a Dancer's Steps to Success @ The Wall Street Journal - 2 hours 50 minutes ago

    A documentary having its world premiere at the Tribeca Film Festival, 'Ballet 422' follows the young choreographer Justin Peck as he creates the 422nd new ballet, later titled 'Paz de la Jolla.'

  • Urban Gardner: For the Love of Lemurs @ The Wall Street Journal - 2 hours 51 minutes ago

    Ralph Gardner Jr. talks with Dr. Patricia C. Wright, a New York-based primatologist who is passionate about lemurs and saving them from extinction.

  • [$$] The Spending Bender Also Known as the 'Tax Extender' @ The Wall Street Journal - 2 hours 51 minutes ago

    Congress must quit renewing the 'temporary' tax breaks that turn into perpetual giveaways to interest groups.

  • [$$] Book Review: 'The Perfect Wave' by Heinrich Päs @ The Wall Street Journal - 2 hours 51 minutes ago

    A neutrino has less than one-millionth the mass of an electron: Every second, billions zip through space—and even your own body. John Gribbin reviews "The Perfect Wave" by Heinrich Päs.

  • Making Sure the Boss Is the Right Fit @ The Wall Street Journal - 2 hours 51 minutes ago

    A poor cultural fit is the primary reason top managers fail. Industry experts says job candidates as well as recruiters need to step up the diligence in the hiring phase.

  • [$$] Seamless Delivers Tips Agreement @ The Wall Street Journal - 2 hours 51 minutes ago

    Online food delivery company Seamless will revamp its fee structure after an investigation by New York state's attorney general found that restaurants could cheat delivery workers out of tips.

  • [$$] A Bipartisan Consensus on Income Inequality? @ The Wall Street Journal - 2 hours 51 minutes ago

    The growing perception of the problem is progress, even if the parties remain divided on fundamentals.

  • [$$] In Going Long, the Fed Is Short-Sighted @ The Wall Street Journal - 2 hours 51 minutes ago

    It's doing everything it can to provide the Treasury with minimal borrowing costs.

  • [$$] South Korean Ferry Capsizes @ The Wall Street Journal - 2 hours 51 minutes ago

    A ferry carrying 470 passengers, most of them high-school students and teachers, capsized off South Korea's southwest coast Wednesday, triggering a rescue effort.

  • [$$] Whimsical Orders Are on the Menu @ The Wall Street Journal - 2 hours 51 minutes ago

    The Bao Shoppe in Astoria offers up quick tasty food in a fun, casual atmosphere filled with street art.

  • [$$] Intel's Profit Slides as PC Market Shrinks @ The Wall Street Journal - 2 hours 51 minutes ago

    Intel reported a decline in first-quarter profit as the Silicon Valley chip maker continues to share the pain of the shrinking personal-computer market.

  • [$$] FCC to Set Aside Spectrum for Smaller Wireless Firms @ The Wall Street Journal - 2 hours 51 minutes ago

    Federal regulators plan to set aside a portion of choice spectrum for smaller wireless carriers at an auction of TV airwaves scheduled for next year.

  • [$$] Archer Daniels Midland Plans to Sell Fertilizer, Chocolate Businesses @ The Wall Street Journal - 2 hours 51 minutes ago

    Archer Daniels Midland Co. agreed to sell its Brazilian fertilizer business to Mosaic Co. for $350 million and said it plans to pursue a sale of its global chocolate business as well.

  • [$$] IKEA Assembles a Sustainability Program @ The Wall Street Journal - 2 hours 51 minutes ago

    IKEA is making its first wind-energy investment in the U.S.: It's buying a 98-megawatt wind farm in Hoopeston, Ill., about 110 miles south of Chicago.

  • [$$] Corporate Watch @ The Wall Street Journal - 2 hours 51 minutes ago

    Corporate Watch

  • [$$] Google Unveils Project Ara, a 'Modular' Smartphone @ The Wall Street Journal - 2 hours 51 minutes ago

    Google is planning a "modular" smartphone called Project Ara that will allow consumers to add or subtract hardware such as a blood-sugar monitor, a camera or a cigarette lighter.

  • [$$] Yahoo Shows Signs of Growth @ The Wall Street Journal - 2 hours 51 minutes ago

    Yahoo's earnings report provides evidence that the company may be winning back advertisers, and that Alibaba had a strong December quarter.

  • [$$] Coke's Global Soda Volumes Decline @ The Wall Street Journal - 2 hours 51 minutes ago

    Coca-Cola Co.'s global soda volumes slipped 1% in the first quarter, the first decline in its carbonated soft-drinks business since 1999. Business in China and other emerging markets was strong, though....

  • Tribeca Film Festival: A Cinematic Hat Tip to Everything New York @ The Wall Street Journal - 2 hours 51 minutes ago

    When the Tribeca Film Festival opens its 13th edition on Wednesday, it will embrace a New York state of mind. For organizers, this year's nod to the Big Apple underscores an underlying reason for the festival....

  • [$$] A Price War Erupts in Cloud Services @ The Wall Street Journal - 2 hours 51 minutes ago

    Amazon.com, Microsoft and Google are battling over the future of corporate computing, and companies that use their services are reaping the benefits.

  • [$$] Washington Wire @ The Wall Street Journal - 2 hours 51 minutes ago

    Washington Wire

  • Take a Number: Does Chris Johnson Have Too Many Miles for Jets? @ The Wall Street Journal - 2 hours 51 minutes ago

    Chris Johnson, the free-agent running back and former Tennessee Titan, reportedly visited the Jets on Tuesday. Now the team must decide if a player with his pedigree and mileage is worth a contract.

  • [$$] Cooking the ObamaCare Stats @ The Wall Street Journal - 2 hours 51 minutes ago

    Suddenly, the Census Bureau changes how it counts insurance.

  • [$$] Sales of Johnson & Johnson's New Hepatitis C Drug Soar @ The Wall Street Journal - 2 hours 51 minutes ago

    Sales of Johnson & Johnson's new hepatitis C drug soared during its first full quarter on the market, in another sign of strong demand—and high prices—for a new generation of treatments for the liver-damaging ...

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