Business

Ford Shares Fall After Analyst Cuts Estimates

Shares of Ford Motor fell Wednesday after a Morgan Stanley analyst cut his stock price target by $2 and reduced earnings estimates through 2016.


Citi Subprime Lending Unit Files for IPO

Citigroup's subprime lending unit, OneMain Financial Holdings, on Wednesday filed for an IPO valued at $50 million.


JC Penney Sept. Sales Softer Than Expected

Shares of J.C. Penney fell nearly 10 percent after the department store operator warned that its sales last month were weaker than expected and cut its outlook for a key sales measure for the current quarter.


Costco Shares Rally as Profits Beat Forecast

Shares of Costco rallied Wednesday as its earnings beat Wall Street expectations, reflecting improvements in its business after a wobbly start for the year.


AT&T to Pay $105 Million for 'Cramming' Charges

AT&T will pay a hefty $105 million settlement after the government accused the company of unlawfully billing wireless customers for tens of millions of dollars in bogus charges.


American, US Airways See More Empty Seats

Passenger traffic on American Airlines and US Airways fell slightly last month, especially on flights between the U.S. and Europe.


Monsanto Growth Withered in Q4

Agriculture business giant Monsanto Co. reported a wider-than-expected loss Wednesday for its fourth quarter on higher expenses, including a one-time legal settlement.


China Troubles Eat Away at Yum Outlook

Yum Brands cut its profit outlook for the year on Tuesday, citing the latest food scare in China that pummeled sales at its flagship KFC chain.


Infosys Whistleblower to Name Top Execs

The whistleblower who helped trigger a federal investigation into visa practices by the global outsourcing tech firm Infosys is taking on his former company again in court, and this time he's naming names.


GM Shares Skid as Analyst Cuts Estimates

Shares of General Motors Co. slid as much as 5 percent in midday trading Tuesday after an analyst cut his earnings estimates and stock price target.


Pot Industry Taking Shape in Pennsylvania

The skeleton of a medical marijuana industry is emerging in Pennsylvania, even though state lawmakers have yet to make the drug legal for any purpose.


SodaStream's Run at Coke, Pepsi Loses Pop

SodaStream CEO Daniel Birnbaum said Tuesday the Israeli company's U.S. business underperformed in the third quarter because of lower-than-expected demand for its soda makers and flavors.


Wal-Mart Cuts Health Benefits for 30,000 Workers

Wal-Mart Stores plans to drop health insurance coverage for most of its part-time U.S. employees in a move aimed at controlling rising health care costs of the nation's largest private employer.


AIG Bailout Was Meant to Punish

The 2008 government bailout of American International Group was specifically designed to punish the insurance giant, former Treasury Secretary Henry Paulson said in court.


Turner Broadcasting Begins Cutting Jobs

Turner Broadcasting, the parent of the CNN, TBS and TNT networks, is eliminating about 1,475 jobs, or about 10 percent of its total employees.


Page: << Prev   2     3     4     5    6    7     8     9     10     11   Next >>







HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters