KKR's Struggling Energy Firm Weighs Debt Options

Wall Street Journal - Thu, 02/26/2015 - 7:41pm
Energy producer Samson Resources, owned by private-equity firm KKR, is working with restructuring advisers, as the fall in oil and gas prices complicates its efforts to stem losses and make payments on billions of dollars in debt.
Categories: Business

Qualcomm, Allies Push for New Wireless Standard

Wall Street Journal - Thu, 02/26/2015 - 6:57pm
Mobile-technology companies meeting at a major industry conference in Barcelona next week face a big issue: how to cope with exploding demand for wireless capacity.
Categories: Business

TiVo, Others Buy Aereo Scraps

Wall Street Journal - Thu, 02/26/2015 - 6:54pm
Aereo, the defunct TV-streaming service that promised to revolutionize the way consumers watch TV, was sold for parts to TiVo and other buyers at a bankruptcy auction.
Categories: Business

Live Nation Entertainment Posts Decline in Revenue

Wall Street Journal - Thu, 02/26/2015 - 6:26pm
Live Nation Entertainment Inc. on Thursday posted a 3% revenue decline for the fourth quarter and had a wider loss because of an impairment charge.
Categories: Business

American Realty Holders Want Board Shake-Up

Wall Street Journal - Thu, 02/26/2015 - 6:13pm
Shareholders of American Realty Capital Properties, the real-estate investment trust founded by investor Nicholas Schorsch, are calling for a shake-up of the company’s board.
Categories: Business

YouTube: 1 Billion Viewers, No Profit

Wall Street Journal - Thu, 02/26/2015 - 5:55pm
YouTube accounted for about 6% of Google’s overall sales last year, but the video website doesn’t produce a profit—despite a billion monthly users.
Categories: Business

Hershey Names Patricia A. Little as Financial Chief

Wall Street Journal - Thu, 02/26/2015 - 5:54pm
Hershey Co., which said in September that Chief Financial Officer David W. Tacka was retiring, on Thursday named Patricia A. Little to succeed him, effective March 16.
Categories: Business

Chico's To Close Stores, Cut Head Count

Wall Street Journal - Thu, 02/26/2015 - 5:43pm
Chico’s FAS Inc. unveiled plans Thursday to cut its capital spending, accelerate stores closures and cut jobs as the women’s specialty retailer seeks to shore up its finances.
Categories: Business

Gap Rehires Veteran to Revive Namesake Stores

Wall Street Journal - Thu, 02/26/2015 - 5:42pm
Gap brought back a company veteran to help revive its struggling namesake stores. The retailer also announced plans to increase its dividend and stock repurchases.
Categories: Business

Penney Posts Surprise Loss

Wall Street Journal - Thu, 02/26/2015 - 5:31pm
J.C. Penney posted a surprise loss for the holiday quarter as operating expenses ticked up, though the department-store operator reported stronger-than-expected sales growth.
Categories: Business

Vale Posts Loss as Iron-Ore Prices Dive

Wall Street Journal - Thu, 02/26/2015 - 2:57pm
Brazilian mining giant Vale SA reported a net loss in the fourth quarter as iron-ore prices fell by nearly half, the local currency weakened and impairment charges continued to pile up.
Categories: Business

Car Makers Tap Former Safety Regulator for Takata Probe

Wall Street Journal - Thu, 02/26/2015 - 2:53pm
A group of car makers tapped a former top U.S. auto-safety regulator and an engineering firm to probe Takata. air bags prone to rupturing and injuring consumers.
Categories: Business

AMC Networks Ad Revenue Jumps

Wall Street Journal - Thu, 02/26/2015 - 2:08pm
AMC Networks Inc. said its advertising revenue surged in the fourth quarter, thanks to strong demand for original programming like “The Walking Dead” as well as its recent investment in BBC America.
Categories: Business

Report Warns of Chinese Municipal Debt Risks

New York Times - Business News - Thu, 09/26/2013 - 3:49am
Nomura analysts say local governments increased their debt by nearly 40 percent in 2011 and 2012, creating systemic dangers.

Categories: Business

DealBook: BlackBerry Buyout Offer Raises Array of Questions

New York Times - Business News - Tue, 09/24/2013 - 3:07pm
BlackBerry said that it had reached an agreement to sell the company for $9 a share to a group led by Fairfax Financial Holdings.

Categories: Business

DealBook Column: As JPMorgan Settles Up, Shareholders Are Hit Anew

New York Times - Business News - Tue, 09/24/2013 - 10:52am
The $920 million JPMorgan Chase agreed to pay to settle S.E.C. civil allegations is coming from the firm’s shareholders, who already took a $6 billion hit.
Categories: Business
Syndicate content