Wal-Mart Stores Inc. (NYSE: WMT) created two new senior posts for its U.S. stores on Friday, naming a new chief operating officer and a new head of human resources.
Drugstore chain Rite Aid Corp. (NYSE: RAD) and Longs Drug Stores Corp. (NYSE: LDG) said on Friday that they had signed an agreement to exchange six Longs Drug Stores in Washington, Oregon, and Northern California, for six Rite Aid stores in Nevada.
A federal judge has barred Internet phone company Vonage Holdings Corp. (NYSE: VON) from signing up new customers as it appeals a ruling that it infringed upon Verizon Communications, Inc. (NYSE: VZ) patents.
Seed company Monsanto Co., (NYSE: MON) posted a net income for its fiscal second quarter higher than analysts’ expectations on Wednesday on strong sales of corn seed as U.S. farmers begin to fill the anticipated need for corn-based ethanol fuel.
Starwood Hotels & Resorts (NYSE: HOT) unexpectedly ousted its CEO on Monday, sending shares higher.
Federal Reserve Chairman Ben Bernanke told Congress on Wednesday that growing troubles in the market for risky mortgages thus far doesn't appear to be spreading to the overall economy but the situation bears close watching.
Martha Stewart Living Omnimedia (NYSE: MSO) shares rallied on Tuesday, responding to an upgrade from investment bank, Bear Stearns.
Shares of U.S. home builder Lennar Corp. (LEN) hit a 5 month low on Tuesday after the firm posted a 74 percent profit loss and gave a gloomy outlook this morning.
Shares of Alcatel Lucent, the world's largest telecommunications equipment maker, surged Monday after the company was awarded a 3 year, $6 billion contract from Verizon, Inc. (NYSE: VZ) to expand the company's wireless networks.
Shares of Boston Scientific (NYSE: BSX) dropped to their lowest price since 2002 on Monday, while shares of Abbott laboratories (NYSE: ABT) rose after a medical study showed that Abbot's stent device was better at treating clogged heart arteries.
Shares of Vonage Holdings Corp. (NYSE: VG) plummeted on Friday, after a federal judge issued a permanent injunction against the firm, barring it from using technology patented by Verizon Communications, Inc. (NYSE: VZ).
Coming on the heels of the first U.S. hedge fund to go public, private equity giant The Blackstone Group L.P announced Thursday that it has filed for an initial public offering which could raise up to $4 billion.
U.S. stocks headed for a narrowly mixed opening Wednesday as investors await the Federal Reserve's latest take on the economy and any hint of the central bank's plans for short-term interest rates.
Major delays to Airbus' A380 superjumbo that led to a euro768 million ($1.01 billion) fourth-quarter loss made 2006 the worst year in European plane builder EADS NV's history, the co-chief executive officer said Friday.
Google Inc. (NASDAQ: GOOG) maintained its search dominance for the month of January, however its share growth appears to be slowing, according to Wall Street analysts.
Amid lawmaker and public concern, Payday lenders will introduce new policies to offer customers extra time to pay off loans and inform them about how to use their short term loans responsibly.
E-Trade Financial (Nasdaq: ETFC) announced the launch of a global trading platform on Tuesday to provide its retail investors with online access to foreign markets for the first time.
As debate continues in some cities around the country, Morris Communications' regional subsidiary Fairway Outdoor Advertising unveiled its first digital billboard in South Carolina.
Palm, Inc. (NASDAQ: PALM) announced Friday it is introducing the Palm Treo 750 smartphone in Australia.
Goodyear Tire & Rubber Co. (NYSE: GY), the largest U.S. tire maker reported a quarterly loss after a 12 week strike resulted in a $367 million loss of net income.
U.S. health officials have cleared a hair-combing consumer laser product to treat baldness in men, the manufacturer said Thursday.
Candy maker Hershey Co. (NYSE: HSY) said Thursday it will cut one third of its production lines and eliminate 1,500 jobs over the next three years, or about 12 percent of its workforce, after its most recent quarterly results came in below expectations.
