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Antonio Perez
Stock Market Stuck in Six-Week Slump
The U.S. stock market tumbled for the sixth week in a row after steep losses Friday, sending the ...
Business
June 12, 2011
Pandora Raises IPO Price as Bubble Worries Brew
NEW YORK—Pandora Media Inc., the firm that runs the popular Internet radio service Pandora, has raised its initial ...
Business
June 12, 2011
Apple’s Cloud, Gaming Services to Push Competitors
On Monday, at the electronics company's Worldwide Developers Conference, Apple introduced the iCloud, potentially a game-changing service that ...
News
June 6, 2011
Warning Bells Sound Ahead of Groupon IPO
Chicago-based social coupon website Groupon Inc. applied for an initial public offering (IPO) last week, and while no ...
Business
June 6, 2011
Tesla Motors Dreaming Big
Lost in all the publicity of this year's technology IPOs is last year's hot IPO stock, Tesla Motors, ...
Business
June 5, 2011
US Sells Remaining Chrysler Stake
The U.S. Treasury will sell its remaining 6 percent stake in Chrysler to Italy's Fiat S.p.A. as it ...
Business
June 5, 2011
IMF to Lend Egypt $3 Billion
The International Monetary Fund (IMF) has agreed to lend Egypt $3 billion, over the next year, to help ...
Business
June 5, 2011
Groupon Files for $750 Million IPO
Groupon Inc., the Chicago-based social coupon website, is filing for an initial public offering (IPO) of stock.
Business
June 2, 2011
Ford, GM Say May Sales Dip
Two of the biggest U.S. automakers said that May auto sales were hit by higher gas costs.
Business
June 2, 2011
Sprint Asks Regulators to Stop AT&T, T-Mobile Merger
Sprint Nextel Corp., the nation's No. 3 wireless carrier, formally asked federal regulators to block a proposed $39 ...
Business
May 31, 2011
S&P Cuts TEPCO Rating to Junk Status
The Tokyo Electric Power Co. Ltd. (Tepco) has seen its credit rating cut to junk status by credit ...
Business
May 30, 2011
Fiat Eyeing Controlling Stake in Chrysler
The head of both Fiat and Chrysler, said that it intends to purchase the remaining 6 percent stake ...
Business
May 30, 2011
Lockheed Martin Fights Off Security Attack
Lockheed Martin Corp. confirmed on Sunday that on May 21, the company repelled a “significant and tenacious attack” ...
Business
May 29, 2011
Former Nasdaq Executive Guilty on Insider Trading
Donald Johnson, a former executive at the Nasdaq Stock Market, pleaded guilty on Thursday to engaging in insider ...
Business
May 26, 2011
California Pizza Kitchen Sold for $470 Million
California Pizza Kitchen Inc. (CPK), the gourmet pizza chain, this week agreed to be sold for $470 million ...
Business
May 26, 2011
SEC Approves Controversial Whistleblower Rules
The U.S. Securities and Exchange Commission (SEC) on Wednesday approved a controversial rule to reward corporate whistleblowers, as ...
Business
May 25, 2011
Barnes & Noble Unveils New Nook Reader
Barnes & Noble Inc. (B&N) this week unveiled an all-new Nook e-book reader, which is more advanced, smaller, ...
News
May 24, 2011
Spain, Italy Fuel Investor Concern, Euro Plummets
The euro fell sharply against the dollar on Monday, to the lowest level since March as investors feared ...
Business
May 23, 2011
Sony Estimates $3.2 Billion Loss on Writedown, Quake
Japanese consumer electronics giant Sony Corp. said that it is likely to report a giant 260 billion yen ...
Business
May 23, 2011
Greece, Eurozone Weighing Debt Options as Fitch Downgrades
Greece and eurozone officials are scrambling for options as Greece nears a default on its debt. How the ...
Business
May 22, 2011
LinkedIn Shares Soar After IPO
Investors and analysts got a glance of the frenzied public demand for shares of social-networking firms on Thursday, ...
Business
May 19, 2011
General Mills Buys Majority Stake in Yoplait
General Mills Inc., the maker of cereal and other food products, has agreed to purchase a majority stake ...
Business
May 18, 2011
Sprint Wooing Customers, Ranked Highest in Customer Satisfaction
Sprint Nextel Corp., the nation's third largest wireless provider, is taking matters into its own hands in its ...
Business
May 17, 2011
The Fight Over Stock Exchanges
In the latest episode of the saga involving the New York Stock Exchange, the Nasdaq OMX Group Inc. ...
Business
May 16, 2011
Windows Phone 7 Could Beat Android, Analyst Says
Smartphones running Microsoft Corp.'s Windows Phone 7 operating system could surpass those with Google's Android operating system by ...
Business
May 15, 2011
US Retail Sales Rise in April
U.S. retail sales rose in April once again, by a modest 0.5 percent, mainly due to higher gas ...
US
May 12, 2011
Quake, Strong Yen Dent Toyota Earnings
Toyota Motor Corp., the world's No. 1 automaker, reported a 77 percent drop in fiscal fourth quarter profits, ...
Business
May 11, 2011
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