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AutoZone profit beats as long winter leads to more repairs
Reuters(Reuters) - AutoZone Inc , the largest U.S. auto parts retailer, reported a better-than-expected quarterly profit as U.S. customers undertook car repairs after a prolonged winter. The company, which faced weak demand a year ago as a warmer-than-usual...Tags: Advance Auto Parts Incorporated, AutoZone Incorporated, Thomson Corporation, Car Repair, Car Parts
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Laredo Petroleum exits Anadarko Basin with $438 mln asset sale
ReutersMay 21 (Reuters) - Laredo Petroleum Holdings Inc said it would sell its assets in the Anadarko Basin in Western Oklahoma and Texas to affiliates of EnerVest Ltd for $438 million to raise capital for its drilling activities in the Permian Basin....Tags: Wells Fargo & Co., Energy Resources, Stock Market, Petroleum Industry
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EU antitrust regulators to rule on ICE, NYSE deal by June 24
ReutersBRUSSELS, May 21 (Reuters) - European antitrust regulators will decide by June 24 whether to clear an $8.2 billion takeover bid by IntercontinentalExchange Inc for New York Stock Exchange operator NYSE Euronext. ICE, a derivatives exchange and...Tags: IntercontinentalExchange, Inc., Politics, NASDAQ, Antitrust Issues, Stock Market
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U.S. court ruling favors Cubist in patent case vs Hospira
ReutersMay 20 (Reuters) - A U.S. federal court on Monday ruled in favor of Cubist Pharmaceuticals Inc on the interpretation of patent language in a case involving a generic challenge to its lead drug Cubicin by Hospira Inc. The ruling, in U.S. District Court in...Tags: Patents, Copyrights and Trademarks, Hospira, Inc., NASDAQ, Lake Forest, Stock Market
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U.S. court ruling favors Cubist in patent case versus Hospira
Reuters(Reuters) - A federal court on Monday ruled in favor of Cubist Pharmaceuticals Inc on the interpretation of patent language in a case involving a generic challenge to its lead drug Cubicin by Hospira Inc . The ruling, in U.S. District Court in Delaware,...Tags: Patents, Copyrights and Trademarks, Hospira, Inc., NASDAQ, Lake Forest, Stock Market
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Small company stocks take limelight as Russell 2000 index climbs above 1,000 for first time
NEW YORK (AP) — Small companies are taking the limelight on a choppy start to the week. The Russell 2000, an index of small-company stocks, rose above 1,000 for the first time Monday. The index is outpacing the Dow Jones industrial average and...Tags: S&P 500, Financial Markets, NASDAQ, Stock Market, Stock Activities
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GE Capital plans to pay $6.5 billion in dividends to GE
Reuters(Reuters) - General Electric Co said its financial unit GE Capital Corp would pay $6.5 billion in dividends to the parent in 2013 as part of a plan to reduce the unit's size. "This announcement is consistent with our goal to reduce the overall size of GE...Tags: General Electric Company, Stock Market
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Chesapeake Energy hires Anadarko executive as CEO
Reuters(Reuters) - Chesapeake Energy Corp on Monday named a top executive at rival Anadarko Petroleum Corp to head the No. 2 U.S. natural gas producer, which has suffered a governance crisis and liquidity crunch over the last year. Chesapeake hired Robert...Tags: Carl Icahn, Politics, Energy Resources, Management Change, Chesapeake Energy Corp.
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Caterpillar machinery sales down 9 pct in April, led by Asia
ReutersCHICAGO, May 20 (Reuters) - Caterpillar Inc said on Monday that retail demand for its construction and mining equipment continued to be sluggish in April, though the sales picture appeared to be improving in almost every market outside North America. The...Tags: Manufacturing and Engineering, Stock Market, Machine Manufacturing
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Caterpillar machinery sales down 9 percent in April, led by Asia
ReutersCHICAGO (Reuters) - Caterpillar Inc said on Monday that retail demand for its construction and mining equipment continued to be sluggish in April, though the sales picture appeared to be improving in almost every market outside North America. The Peoria,...Tags: Stock Market
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Caterpillar April machinery sales fall, led by Asia
ReutersCaterpillar, the world's largest maker of construction and mining equipment, said Monday that demand for its machines continued to show weakness last month, led by a continued decline in Asia and a steeper fall in North America. The Peoria, Illinois-...Tags: Manufacturing and Engineering, Stock Market, Machine Manufacturing, Asia
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Special Report: The Rise and Fall of China's Sun King
ReutersHONG KONG (Reuters) - In a 2010 speech before a packed ballroom of university students in Sydney, Shi Zhengrong, founder of Chinese solar-panel maker Suntech Power Holdings Co Ltd, listed the people who had been important in his rise to fame and riches....Tags: Solar Energy, Politics, Environmental Issues, U.S. Securities and Exchange Commission, Finance
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Original site for NYSE Euronext, Inc. topic gallery.
