COMPANIES

Lamborghini SUV 'Urus,' Price and Picture Revealed

The Lamborghini Urus SUV as seen in a screen shot from Chinese website Auto 163.
Rumors have been swirling about a possible Lamborghini SUV called the Deimos, and all indications are that the company is out to build a bull of an SUV, but according to China Car Times, it will be called the Urus and make an appearance at the Beijing Auto Show later this month.
Morgan Stanley CEO Gorman

Morgan Stanley 1Q Down But Beats Street

Morgan Stanley (NYSE: MS) on Thursday reported weaker first-quarter profit but still beat analyst expectations, which helped lift shares up more than 2 percent.
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Freeport-McMoRan reported weaker earnings as its Indonesia operations were hit by labor disputes

Freeport-McMoRan, Hit By Labor Disputes, Reports Lower Earnings

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), the world's largest publicly-traded copper producer, reported lower first-quarter profits as production and sales fell at its giant Indonesian mine due to sometimes violent labor disputes. But results beat analyst expectations and shares jumped.
Dual Core Smartphones 2012: HTC One X, One S And Huawei Ascend P1 Ready For US Release; Which One Is The Best For You? [COMPARISON]

HTC One X, One S And Huawei Ascend P1 Ready For US Release; Which Dual-Core Smartphone Should You Choose? [Specs Comparison]

Amid the Samsung and Apple flagship model's launch buzz drifting to new levels in the mobile space every single day, tech enthusiasts might not be able to ignore this combined piece of news about the three powerful launches which are heading for the US release very soon. Yes, the spill is about the latest announcement by two major smartphone manufacturers, including HTC and Huawei.
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GM Reported Buying Back Part Of China Joint Venture

General Motors (GM.N) and Chinese partner SAIC Motor Corp. (600104.SS) have agreed to let GM to buy back the 1 percent share of the joint venture the Detroit automaker sold during its financial crisis several years ago, according to a source familiar with the plan.
Cameron President and CEO, Jack B. Moore (left) and TTS Group President and CEO, Johannes D. Neteland

Cameron To Acquire TTS’ Drilling Equipment Biz For $270M

Cameron International Corp. (NYSE: CAM), a provider of flow equipment products, systems and services to the energy industry, has reached a deal to acquire Bergen, Norway-based TTS Group ASA's (OSE:TTS) drilling equipment business for $270 million plus additional payments for three years based on their revenues.
Roche

Roche Walks Away From $6.8B Illumina Takeover Bid

Swiss drugmaker Roche Holding AG (ROG.VX) said Wednesday that it decided not to extend beyond Friday a $6.8 billion hostile offer for gene sequencing specialist Illumina Inc. (Nasdaq: ILMN) after forecasting that the incumbents directors of Illumina will be re-elected.
Health Care Prescription

SXC Health, Catalyst Health To Merge In $4.4 Billion Deal

SXC Health Solutions Corp. (Nasdaq: SXCI) agreed on Wednesday to buy fellow pharmacy benefit manager Catalyst Health Solutions Inc. (Nasdaq: CHSI) for about $4.4 billion in cash and stock, to expand its presence in the business of paying and processing prescription drug claims.

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