Will PepsiCo's latest offensive mark a turning point in the latest cola wars? That is the hope of the snack and drink company, which has lost U.S. carbonated-beverage market share in recent years as Coca-Cola kept prices low even as input ...
Shelling out a $25 billion penalty is certainly painful. But it is something bank-stock investors may be able to grin and bear. The reason: The foreclosure-abuse settlement agreed on Thursday among banks, state attorneys general and the ...
MADRID—Bankia SA, which just months ago was hailed as a success of the country's banking consolidation, on Friday will outline its plans to comply with Spain's new bank-cleanup rules—standards that have raised some doubts about the lender's ...
By Lauren Mills and Max Colchester Barclays results were disappointing to say the least. And in the wake of three years of broken promises, and yet another push-back of a key target today, we are wondering why Barclays' shares bounced back ...
Rivals in the world of online videogames, Hasbro Inc. and Zynga Inc. are becoming partners in the physical realm of toys and board games. Under a pact announced Thursday, Hasbro, the maker of Scrabble and Monopoly, will create games and toys ...
There are few who have earned the sobriquet "the world's greatest wine taster." The late Harry Waugh, one of England's most gifted wine merchants, who was so popular in the U.S. that he had a dining room in a restaurant in Tampa, Fla., ...
LinkedIn is connecting with investors today – and how. At $89.19 a share, the stock has soared nearly 17% after the professional-networking Website announced fourth-quarter results late yesterday that blew past Wall Street expectations. The ...
SAN FRANCISCO (MarketWatch) — Brazil’s benchmark index fell nearly 2% on Friday after euro-zone officials demanded additional austerity measures from Greece, delaying approval of bailout funds. Petroleo Brasileiro SA shares tanked following ...
A northern California hedge-fund manager was charged Friday with making a series of improper trades in Google Inc. and other technology companies based on inside information, the latest in a broad government crackdown on insider trading.
Another day, another ugly report from the private-equity world. Apollo Global Management posted dramatic drops in revenue and income in its fourth quarter.
WASHINGTON—President Barack Obama's budget request to Congress on Monday will forecast a deficit of $1.33 trillion in fiscal year 2012 and will include hundreds of billions of dollars of proposed infrastructure spending, according to draft ...
Apollo Global Management LLC's fourth-quarter profit slid 95% from a year earlier as the buyout firm's revenue slid. Apollo reported a profit of $11 million, or five cents a Class A share, down from a year-earlier profit of $206.3 million, ...
True Religion Apparel (TRLG: Nasdaq) By Benchmark Co. ($36.80, Feb. 10, 2012) We do not believe True Religion has a revenue problem; we believe it has a spending problem.
LONDON—Banking shares dragged European markets lower, as uncertainty over Greece intensified after euro-zone finance ministers held off on approving Greece's second bailout.
SAN FRANCISCO (MarketWatch) — A day after reporting fourth-quarter sales that fell short of expectations, Expedia Inc. saw its shares take a mild hit as investors sought to get a better idea of what lies ahead for the online travel site.
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