Halliburton's Earnings Rise 70%

Wall Street Journal - Mon, 10/20/2014 - 7:24pm
Halliburton Co. said its board has approved a 20% increase to its quarterly dividend, while also reporting a 16% jump in revenue during the third quarter.
Categories: Business

Amazon, Simon & Schuster Reach Book Contract

Wall Street Journal - Mon, 10/20/2014 - 7:17pm
Amazon and CBS Corp.’s Simon & Schuster have reached a new multiyear print and digital contract, a pact that comes as the online retailer continues difficult negotiations with Hachette Book Group.
Categories: Business

Facebook Sues Lawyers for Allegedly Contributing to Fraud

Wall Street Journal - Mon, 10/20/2014 - 7:11pm
Facebook and Chief Executive Mark Zuckerberg filed suit against several attorneys Monday, claiming they helped perpetuate a fraud against the social network and its founder.
Categories: Business

Andreessen to Leave eBay Board

Wall Street Journal - Mon, 10/20/2014 - 7:03pm
Marc Andreessen is stepping down from eBay’s board. The venture capitalist’s various board seats had been criticized by eBay investor Carl Icahn.
Categories: Business

Twitter to Offer New Tools for App Developers

Wall Street Journal - Mon, 10/20/2014 - 6:09pm
Twitter, at its first developer conference in four years, is expected to announce on Wednesday a suite of tools to make it easier for programmers to build apps, according to people familiar with the matter.
Categories: Business

Apple Pay Is Here, With Limits

Wall Street Journal - Mon, 10/20/2014 - 6:00pm
Apple began its bold undertaking to add a wallet to its iPhones. Participants include McDonald’s, Whole Foods and Walgreen. Yet the service won’t be ubiquitous overnight.
Categories: Business

UPS Plans 4.9% Average Price Increase

Wall Street Journal - Mon, 10/20/2014 - 4:34pm
UPS is planning to increase freight rates by an average of 4.9% a package after the holiday season, in the U.S., Canada and Puerto Rico, the company said Monday.
Categories: Business

Texas Instruments Forecast Tops Views

Wall Street Journal - Mon, 10/20/2014 - 4:04pm
Texas Instruments Inc. projected fourth-quarter profit that topped Wall Street’s estimates as the chipmaker also reported that its third-quarter earnings rose 31% thanks to stronger sales and margins.
Categories: Business

Chipotle Sees Sales Growth Slowing

Wall Street Journal - Mon, 10/20/2014 - 3:22pm
Chipotle warned its sales growth next year may slow from the robust gains reported in recent periods, even as the burrito chain posted stronger-than-expected earnings and revenue for its third quarter.
Categories: Business

Valeant Pushes Business Strength

Wall Street Journal - Mon, 10/20/2014 - 3:08pm
Valeant Pharmaceuticals, facing an important junction in its six-month effort to take over Botox-maker Allergan, said its third-quarter results refute Allergan’s attacks on its business model.
Categories: Business

Humanity's Last Great Hope: Venture Capitalists

Wall Street Journal - Mon, 10/20/2014 - 2:46pm
Tech billionaire Bryan Johnson says he plans a $100 million fund that will invest in “crazy” projects that aim to build a better world. With government R&D spending stagnant, more VCs should step up on philanthropic innovation.
Categories: Business

Nutreco Agrees to SHV Takeover Offer

Wall Street Journal - Mon, 10/20/2014 - 2:20pm
Animal nutrition and fish feed company Nutreco NV said it agreed to a $3.44 billion takeover offer from Dutch conglomerate SHV Holdings NV.
Categories: Business

TPG to Take Majority Stake in Hollywood Powerhouse CAA

Wall Street Journal - Mon, 10/20/2014 - 2:18pm
Private equity firm TPG Capital is investing close to $250 million in Creative Artists Agency LLC, a deal that will increase its stake in Hollywood’s largest talent agency to 53%.
Categories: Business

SAP Posts Higher Quarterly Profit, Cuts Outlook

Wall Street Journal - Mon, 10/20/2014 - 2:12pm
Enterprise software provider SAP lowered its earnings outlook for this year, despite reporting a 15% rise in third-quarter net profit, boosted by growth in subscriptions for its cloud-based software products.
Categories: Business

Dexcom's Remote Glucose-Monitoring Device Cleared

Wall Street Journal - Mon, 10/20/2014 - 1:19pm
Dexcom Inc. said Monday it received regulatory approval for a new tool that will enable partial remote blood-sugar monitoring for people with diabetes.
Categories: Business

Strikes by Train Drivers, Pilots Hit Germany

Wall Street Journal - Mon, 10/20/2014 - 12:52pm
Strikes by German train drivers and airline pilots are threatening Europe’s largest economy and pushing the government into toughening up labor laws, a senior politician said Monday.
Categories: Business

Big Chains Put a Lock on First-Run Movies

Wall Street Journal - Mon, 10/20/2014 - 11:52am
Multiplex movie chains are more frequently gaining exclusivity of new releases in certain areas, shutting out independent theaters.
Categories: Business

ISS, in Switch, Backs Chiquita-Fyffes Deal

Wall Street Journal - Mon, 10/20/2014 - 11:35am
An influential shareholder advisory firm changed course Monday and recommended Chiquita shareholders vote in favor of the company’s planned tie-up with Irish fruit grower Fyffes.
Categories: Business

PetMed Posts Lower Earnings

Wall Street Journal - Mon, 10/20/2014 - 10:43am
PetMed Express said its third-quarter profit dropped 34% due to a shortened flea and tick season. Results missed estimates, pushing shares down.
Categories: Business

Investor Group to Buy Cleco for $3.4 BIllion

Wall Street Journal - Mon, 10/20/2014 - 9:59am
ClecoCorp. agreed to be acquired by a group of infrastructure investors for about $3.4 billion.
Categories: Business
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