Business

Amgen Earnings Miss Mark in Q1

Despite increased sales, Amgen's first-quarter profit fell 25 percent as production and research costs soared.


Stocks See 6th Gain in a Row on Solid Earnings

The U.S. stock market notched up its sixth gain in a row as more U.S. companies reported solid earnings.


Citigroup Shareholders Throw Seniors Execs a Bone

After Citigroup failed the Fed's stress test, everyone got together and decided to approve top executives' pay packages.


China Slows Down: The Cohen Column

At first glance, China's growth figure of 7.4 percent shouldn't be cause for concern, but other indicators point to a slowdown.


Comcast Earnings Surge on NBC Results

Comcast Corp. said Tuesday its first-quarter net income rose by 30 percent on a surge of ad revenue at NBC, helped by Jimmy Fallon's elevation as host of "The Tonight Show."


McDonald's Loses Customers, Profits

McDonald's profits fell 1.7 percent in the first quarter as the company struggled to keep up guest counts and juggle an array of new menu items.


Valeant, Ackman Seek to Buy Botox Maker Allergan for $45 Billion

Valeant Pharmaceuticals and Bill Ackman have unveiled details of their offer to buy Botox maker Allergan -- if they overcome the California drug company's reluctance.


Netflix To Raise Prices After Strong Earnings

Netflix says it plans to raise prices $1 or $2 a month for new customers to pay for more Internet video programs.


Pfizer Plans $101 Billion AstraZeneca Bid

Pfizer has approached British rival AstraZeneca to propose a $101 billion takeover, Britain's Sunday Times reported.


Kraft Recalls 96,000 Pounds of Cheese Dogs

Kraft Foods has issued a recall of 96,000 pounds of Oscar Mayer "Classic Wieners" because they may instead contain "Classic Cheese Dogs."


General Mills Reverses Itself After Facebook Backlash

General Mills has reversed its attempt to keep consumers from suing the company if they download coupons from its website after a backlash on social media.


Stocks Rise as Major Earnings Week Begins

Stocks are edging jup as another big week for company earnings begins.


Halliburton Posts $622 Million in Q1 Net Income

Halliburton's first-quarter profit report topped Wall Street expectations after a loss for the period a year ago.


Hasbro Posts Q1 Profit on Girls' Toy Sales

Hasbro went back to black in its first quarter, driven by sales of girls' toys such as My Little Pony and Nerf Rebelle.


Coachella's Young Audience a Marketers Paradise

The Coachella Festival's youthful musical lineup is a marketers dream in the California desert.


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