Susquehanna Financial has revised its profit and revenue estimates of software major Infosys Ltd. (NASDAQ:INFY), following a statement from S.D. Shibulal, its Chief Executive Officer (CEO) that the demand environment, which started to deteriorate 45 days ago, has yet to recover.
AT&T, Inc. (NYSE:T) and T-Mobile's withdrawal of their Federal Communications Commission (FCC) application to transfer spectrum and AT&T's intent to book the full $4 billion break-up fee as a non-cash charge against fourth-quarter earnings indicates that there is only a slim probability that the deal will be approved.
Pfizer Inc. will see the end of a hugely lucrative era on Wednesday, Nov. 30, when its two-decade old patent for Lipitor, a hugely popular drug for cholesterol management, expires.
Want to change the way your car looks just by pressing a button? Well, you could probably do so in near future, as Toyota has unveiled a futuristic concept car which promises exactly that and much more.
Dick Clark Productions' legal woes continue to mount.
Ocean Spray will voluntarily recall certain production lots of Original Flavor Craisins because of the possible presence of small hair-like metal fragments, the company announced Monday.
Two of Hollywood's leading independent studios, Lionsgate and Summit, have started merger discussions, according to an individual with knowledge of the talks.
Shares of Onyx Pharmaceuticals Inc (ONXX.O), known for its liver cancer drug Nexavar, jumped more than 20 percent on Monday, after Bloomberg reported the company was exploring options, including a possible sale.
The Department of Justice has opened a probe into the $4 billion takeover of Del Monte Corp by private equity investors led by KKR and Co (KKR.N), according to court papers regarding an investor settlement over the transaction.
U.S-based multinational corporations added almost 3 million jobs to their payrolls in foreign countries between 1999 and 2009, while slashing 864,600 jobs at home, as they become increasingly dependent on foreign sales. Is tax holiday a viable solution?
NBC can't get enough people to watch its network. No one can really get anyone to buy paper. So, the solution between network and Staples? Getting their Scrant on.
The Dow Chemical Company and Saudi Aramco have officially established their planned petrochemical joint venture Sadara Chemical Company in Jubail, Saudi Arabia, and announced its senior officers.
U.S. District Court Judge Jed S. Rakoff issued an acerbic order blocking the U.S. Securities and Exchange Commission's proposed $285 million deal with Citigroup that is "neither fair, nor reasonable, nor adequate, nor in the public interest."
A status conference on the Justice Department’s lawsuit to block the AT&T/T-Mobile merger has been postponed, the U.S. District Court of District of Columbia said Monday in a court order.
Cyber Monday boycott by Patagonia sportswear company, which tells consumers Don't Buy This Jacket
Improving market fundamentals will bolster the commercial real estate market in 2012, according to the National Association of Realtors (NAR).
Niger inaugurated its first oil refinery on Monday, marking the arrival of the West African state as a commercial oil producer and making it self-sufficient in refined oil products.
Sudan said on Monday it had halted landlocked South Sudan's oil exports until the two agree on a transit fee, stepping up a row between the two old civil war foes over how to untangle their once-integrated oil industries.
Defections from Morgan Keegan are slowly hollowing out the $1.5 billion brokerage, which has recruited almost no experienced hires to fill the gaps left by advisers who have left since June.
A Brazilian newspaper said the state-controlled oil company leaked 4,200 barrels of oil, well above the 2,400 barrels leaked by Chevron earlier this month.
More consumers are pulling back from the housing market, which pushed down their debt levels during July through September, the New York Federal Reserve said Monday.
One in 10 Internet users plan to buy holiday gifts at either Groupon or LivingSocial this year, up from 4 percent last year.
The past Black Friday weekend saw record breaking sales figures as consumers are feeling more comfortable to purchase again. Job market outlook for early 2012 could provide another gentle boost to consumer spending, which accounts for as much as 70 percent of all U.S. growth.
Target experienced some controversy before the 2011 edition of Black Friday, and now the company's day has been tainted again after a death inside a Target store in West Virginia.
Carl Icahn offered to buy Commercial Metals Co (CMC.N) in a $1.73 billion deal that would combine the metals recycler with the billionaire investor's PSC Metals Inc.
A retail space at 60 Greene Street in Manhattan's Soho neighborhood has sold for $10.35 million, according to New York City records, one of two recent deals that cement the street's reputation as a desirable retail strip. Across the street, 57-63 Greene's retail condo is close to a deal, according to David Schechtman of Eastern Consolidated, one of the listing brokers.
Customers purchased four times as many Kindle devices as they did last Black Friday, the Seattle-based company reported Monday.
Cyber Monday 2011 is upon us. Here are some deals for all fashion and beauty connoisseurs.
At a time when electric cars are beginning to steal the limelight from their gas-eating rivals, a new finding from the National Highway Traffic Safety Administration (NHTSA) over General Motors' (NYSE:GM) electric vehicle, Chevrolet Volt, may likely question the safety of electric cars.
Wedbush Securities believes Green Dot Corp. (NYSE: GDOT) will continue its impressive growth as it leads the rapidly evolving reloadable prepaid category.