WSJ US News
Lockheed Says More Than 600 Executives Seek Buyouts
Lockheed Martin said more than 600 executives, or one-fourth of the eligible total, applied to accept financial incentives to leave the company.
Categories: Investment News
'Calls' Offer Opportunity for Nervous Bulls
For jittery or bearish investors, the timing may be right to substitute bullish "call" options for stocks.
Categories: Investment News
New CEO Says GM Will Give No Ground
New GM Chief Executive Dan Akerson told employees Wednesday that the auto maker will take an "attacker's stance" against the competition now that it has the resources to do so.
Categories: Investment News
India Law Threatens U.S. Energy Deals
The U.S. government is scrambling to preserve the benefits of a civil nuclear agreement with India after India passed a law that threatens to effectively exclude U.S. companies from its market for nuclear power.
Categories: Investment News
Delta, Virgin Blue Plan Stalls
The Obama administration gave a thumbs down to plans by Virgin Blue and Delta Air Lines to coordinate operations on flights between Australia and the U.S.
Categories: Investment News
Glaxo Taps Banker as Finance Chief
GlaxoSmithKline chose Simon Dingemans, a Goldman Sachs M&A specialist, to be its next chief financial officer.
Categories: Investment News
Oracle to Pay Hurd $950,000
Oracle said it will pay Mark Hurd, its new co-president, an annual base salary of $950,000 and be eligible for up to a $10 million bonus in the current fiscal year.
Categories: Investment News
Southwest Sees August Traffic Take Off
Southwest Airlines Co. said traffic rose in August as a key measure of revenue again jumped by a double-digit percentage as fares remain well above year-earlier levels.
Categories: Investment News
Anatolia-Avoca Gold Miner Merger Is Worth $2 Billion
Canada's Anatolia Minerals Development Ltd. and Australia's Avoca Resources Ltd. have agreed to merger in a deal that will create a gold company with a market value of some $2 billion.
Categories: Investment News
Vodafone-China Mobile Split Highlights Tense Ties
Vodafone's $6.65 billion sale of its stake in China Mobile highlights the challenges faced by foreign carriers looking to link up with Chinese telecoms.
Categories: Investment News
Dana Launches Defense Against Takeover
Dana Petroleum said that a hostile $2.87 billion bid by Korea National Oil Corp. significantly undervalues the company.
Categories: Investment News
Airgas Rejects Air Products' Bid
Airgas rejected the latest takeover offer from Air Products & Chemicals, saying the $5.48 billion bid continues to undervalue the company.
Categories: Investment News
Boehner Offers Concession on Tax Cuts
House GOP Leader John Boehner offered a concession on tax cuts, suggesting Republicans would accept a two-year extension of all the Bush-era tax breaks rather than the permanent extension they have been seeking.
Categories: Investment News
Smithfield Posts Profit
Smithfield Foods returned to the black in the latest quarter from a year-earlier loss and said it will likely sell its 49% stake in Butterball.
Categories: Investment News
Unilever Invests in Algae
As food and consumer-goods companies face problems obtaining the key ingredient palm oil without damaging the environment, Unilever is betting on a promising low-life alternative: algae.
Categories: Investment News
Global-Bank Deal Targets Reserves
Global banking regulators appear poised to demand larger reserves, which they believe will prevent a future financial crisis, and reserves of higher quality, under so-called Basel 3.
Categories: Investment News
Netflix Adds More Streamed Movies
Netflix reached a deal to stream movies online from Nu Image/Millennium at the same time they hit pay-TV channels.
Categories: Investment News
Singapore's GIC Looks to Buy Stake in Brazil Bank
GIC, Singapore's sovereign-wealth fund, is in advanced talks to buy a roughly 15% stake in Banco BTG Pactual, one of Brazil's top investment banks, for about $2.4 billion.
Categories: Investment News
U.S. Blacklists Iranian Bank
The U.S. Treasury added Iran-owned, German-based European-Iranian Trade Bank to its key blacklist, saying the bank has provided a financial lifeline to Iranian companies involved in weapons proliferation.
Categories: Investment News
H-P Sues to Stop Ex-Chief's Job
H-P sued to block former CEO Mark Hurd from joining rival Oracle as a senior executive, citing trade-secret and other concerns.
Categories: Investment News
