President Barack Obama's budget proposal Monday will offer several measures to trim the federal deficit in the next 10 years. But it would leave largely unchanged the biggest drivers of future government spending: the Medicare, Medicaid and ...
When Diamond Foods Inc. bought Pop Secret from General Mills Inc. in 2008, Chief Executive Michael J. Mendes called several hundred employees together at the nut company's offices in rural Stockton, Calif., and laid out his vision for ...
Deals of the Day compiles this morning's biggest news about mergers and acquisitions, banking, bankruptcy and more. Catch us on Twitter, @WSJDealJournal.
Diamond Foods Inc. fired its chief executive and chief financial officer, and said it would restate financial results for two years, after an internal probe found it had wrongly accounted for payments to walnut growers.
French industrial production posted a marked contraction in December, the central statistics bureau said Friday, suggesting the euro zone's second-largest economy nose-dived at the end of last year, even as Italy's industrial output showed ...
United Parcel Service Inc. has become the latest big U.S. company to change its pension accounting to a methodology considered more transparent but that can add volatility to corporate profits from year to year.
Remember how it looked like it would be tough for P&G to get out of its deal to take Diamond stock for the Pringles business? Now, P&G is surely breathing a sigh of relief as the board of Diamond apparently felt it had no choice but ...
ROME—There was a surprise jump in Italian industrial output in December, led by the transportation and chemicals sectors, national statistics office Istat said Friday.
With the shell removed, Diamond Foods feels a lot lighter. The snack and nut company removed its two top executives and restated earnings Wednesday evening after an accounting investigation that began after a Wall Street Journal article ...
As investors dumped Diamond Foods' stock, a surprising number of traders took to the options market on Thursday to play for a rebound in the beleaguered snack-foods company's shares.
Ernst & Young LLP agreed to pay $2 million to settle allegations by the government's auditing regulator that the firm wasn't skeptical enough in assessing how a client, Medicis Pharmaceutical Corp., accounted for a reserve covering ...
The sharp plunge in Diamond Foods share price hasn't shown any signs of abating throughout today's session. No. investors aren't buying the dips in this situation.
WASHINGTON—The U.S. Postal Service on Thursday posted $3.3 billion loss for the latest quarter and projected it would run out of cash in October as its fiscal woes continued to deepen.
United Parcel Service Inc. said Tuesday that domestic package shipments are rising at a brisk pace, countering a sluggish international market clouded by weakness in Europe and Asia.
Value investors never die. They just open new investment vehicles. At the age of 87, high-profile value investor Marty Whitman says he plans to hand over management of the $3.2 billion Third Avenue Value Fund to longtime co-manager and ...