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McDonald's Plans Marketing Push as Profit Slides

Wall Street Journal - Tue, 04/22/2014 - 9:02pm
McDonald's plans a marketing push to emphasize its fresh-cooked breakfasts as it battles growing competition for the morning meal. The fast-food chain said its profit for the first three months of the year dropped 5.2% as it worked to revive its U.S. sales growth.
Categories: Business

Harley-Davidson Reports Higher Sales

Wall Street Journal - Tue, 04/22/2014 - 8:15pm
Strong international sales of Harley-Davidson motorcycles made up for a weaker showing in the U.S. in the first quarter.
Categories: Business

Auto Industry Insiders Poised for Comeback

Wall Street Journal - Tue, 04/22/2014 - 7:56pm
A coming departure of auto industry outsiders at big car makers including Ford's Alan Mulally reflects the business's return to financial health after a period of crisis.
Categories: Business

Review: Can a Chromebook Replace a 'Real' Laptop?

Wall Street Journal - Tue, 04/22/2014 - 7:55pm
Five years after their inception, the browser-based laptops inch toward replacing PCs and Macs.
Categories: Business

AT&T Revenue Rises, Profit Slips

Wall Street Journal - Tue, 04/22/2014 - 7:48pm
AT&T's sales rose to start the year, as the carrier added more subscribers and increasingly sold mobile devices like the iPhone at full price.
Categories: Business

Tax Issues Snag Omnicom-Publicis Deal

Wall Street Journal - Tue, 04/22/2014 - 7:44pm
Omnicom CEO John Wren said it is uncertain when the global advertising giant's proposed $35 billion merger with Publicis will be completed, citing unexpected tax issues that could potentially derail the deal.
Categories: Business

France's Treasury Chief in Line to Become Orange CFO

Wall Street Journal - Tue, 04/22/2014 - 7:03pm
France's Treasury chief, Ramon Fernandez, is in line to become Telecom Orange's new chief financial officer, as Chief Executive Stéphane Richard moves to put a new team in place to lead the telecom company during his second term.
Categories: Business

Comcast, Charter Close to Subscriber Deal

Wall Street Journal - Tue, 04/22/2014 - 6:29pm
Charter could acquire nearly four million extra subscribers in a two-stage deal under discussion with Comcast, in what would represent a consolation prize for Charter's nearly yearlong pursuit of Time Warner Cable.
Categories: Business

Lockheed Raises Profit Guidance

Wall Street Journal - Tue, 04/22/2014 - 6:27pm
Lockheed Martin raised its 2014 earnings guidance and continued its funneling of cash to shareholders as buybacks soared to $1.1 billion during the first quarter.
Categories: Business

BP to Sell Interests in Four Alaska Oil Fields

Wall Street Journal - Tue, 04/22/2014 - 6:18pm
BP PLC is selling stakes in four Alaskan North Slope oil fields to Hilcorp Energy Co., ratcheting down its investment in a region it helped pioneer as the oil company seeks to raise cash.
Categories: Business

GM Engineering Chief to Depart

Wall Street Journal - Tue, 04/22/2014 - 6:12pm
GM's global vehicle engineering chief, John Calabrese, is leaving and his duties are being split in new fallout from the auto maker's ignition-switch recall and internal probe.
Categories: Business

Amgen Profit Falls 25%

Wall Street Journal - Tue, 04/22/2014 - 6:09pm
Amgen said its first-quarter earnings fell 25% on higher costs that masked the biopharmaceutical company's revenue growth.
Categories: Business

Wal-Mart de Mexico's Net Profit Down on Year

Wall Street Journal - Tue, 04/22/2014 - 5:56pm
MEXICO CITY—Retailer Wal-Mart de Mexico SAB said its first-quarter net profit fell 4.5% from a year before as higher expenses offset a modest increase in sales.
Categories: Business

Court Strikes Down Ohio Hospital Merger

Wall Street Journal - Tue, 04/22/2014 - 5:51pm
A federal appeals court on Tuesday ordered a major health system in northwest Ohio to unwind its merger with a local hospital as antitrust authorities step up scrutiny of hospital deals.
Categories: Business

Duke Estimates Coal-Ash Cleanup Cost

Wall Street Journal - Tue, 04/22/2014 - 5:39pm
A Duke Energy executive told a North Carolina environmental commission that plans outlined by the utility to address coal-ash in the state are estimated to cost about $2 billion to $2.5 billion.
Categories: Business

Former Celgene Executive Sentenced for Insider Trading

Wall Street Journal - Tue, 04/22/2014 - 5:26pm
A former Celgene executive, John Lazorchak, was sentenced to 16 months in prison Tuesday for his role in an insider-trading scheme.
Categories: Business

Canada National Railway's Revenue Helped by Strong Energy Markets

Wall Street Journal - Tue, 04/22/2014 - 4:57pm
Canada's biggest railway operator said higher volumes and a lower Canadian dollar helped to offset the effects of harsh winter weather in the first quarter.
Categories: Business

Intuitive Surgical Reports 77% Profit Decline

Wall Street Journal - Tue, 04/22/2014 - 4:53pm
Intuitive Surgical said its first-quarter earnings fell 77% on a steep decline in sales of its da Vinci robotic-surgery systems.
Categories: Business

Inside Nike's Struggle to Balance Cost, Worker Safety

Wall Street Journal - Tue, 04/22/2014 - 4:33pm
Nike executives were divided over boosting manufacturing in Bangladesh, amid debate over controlling costs and maintaining safe working conditions.
Categories: Business

Volkswagen Gets Boost in Bid for Scania

Wall Street Journal - Tue, 04/22/2014 - 4:15pm
Volkswagen's bid to acquire full control of Swedish truck maker Scania received a significant boost as U.S.-based GAMCO Asset Management said it would back the deal.
Categories: Business
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