Solar PV equipment supplier GT Advanced Technologies Inc. (NASDAQ: GTAT), formerly GT Solar, today announced an order worth $101 million for production equipment from an incumbent producer of polysilicon. The company’s CEO noted why…
Battered video provider Netflix Inc. (NASDAQ: NFLX) is launching its streaming video service in the UK and Ireland today with a one-month free trial for customers who sign up through Facebook. The service will…
US supplier of specialty gas products, Air Products & Chemicals Inc. (NYSE: APD) is selling its European homecare business to The Linde Group for euro 590 million (about $750 million). The company’s CEO said…
US stock-index futures are nearly flat this morning as French and German leaders meet to iron out the details for a Eurozone growth plan. The US earnings season gets off to its official start…
The state of Kansas will lose about 2,000 jobs when Boeing Co. (NYSE: BA) closes its plant in Wichita, but Canadian-based aircraft maker Bombardier Inc. (OTC: BDRAF) will pick up some of the slack.…
Bristol-Myers Squibb (NYSE: BMY) will pay $2.5 billion in cash (a 163% premium to Friday’s closing price) for hepatitis C drug developer Inhitibex Inc. (NASDAQ: INHX).
The Jones Group Inc. (NYSE: JNY) has been in talks to sell its jeanswear division to Delta Galil Industries Inc., but the two parties have now ended the discussions without a deal. Jones Group…
Swiss-based power and automation company ABB Ltd. (NYSE: ABB) has won a tender from the government of Estonia to build a network of 200 fast-charging (DC) electric vehicle (EV) charging stations throughout the country.…
Drug maker Novartis AG (NYSE: NVS) has issued a recall notice for several of its popular over-the-counter medicines: Novartis Consumer Health (NCH) is voluntarily recalling all lots of select bottle sizes of Excedrin® and…
Norway’s largest oil firm, Statoil ASA (NYSE: STO) said it has found a new reservoir in the Barents Sea that the company estimates to hold up to 300 million recoverable barrels of oil. Statoil…
Drug maker AstraZeneca PLC (NYSE: AZN) has issued a press release re-confirming the company’s December forecast following a load of bad data sent to analysts: During a routine consensus collection process, confidential Company information…
Markets opened lower today and of the three major indexes, only the S&P 500 was able to break through to positive territory and stay there for most of the day. The DJIA stayed negative…
Imperial Sugar Co. (NASDAQ: IPSU) won back its NASDAQ listing today after filing its Form 10-K for the company’s fiscal year ending last September. But that was about all the good news the company…
The Coca-Cola Co. (NYSE: KO) and Swiss-based Nestle S.A. have participated in a 50-50 joint venture called Beverage Partners Worldwide (BPW) for the past decade to sell tea products in North America, Europe, and…
Apple Inc. (NASDAQ: AAPL) already gets a lot of prime display real estate at Target Corp. (NYSE: TGT) stores. But that space may be expanding soon. A report at Apple Insider says the iPhone/iPad…
The CFO of Transocean Ltd. (NYSE: RIG), Ricardo Rosa, is retiring from the company effective April 30th, and is resigning effective January 31st. Rosa joined Transocean in 1999 in an acquisition. He is 55…
Reuters is reporting that the executive deputy president of Sony Corp. (NYSE: SNE), Kazuo Hirai, will be named as the company’s president by April of this year. Current chairman, CEO, and president Sir Howard…
Redbox video vending machine owner Coinstar Inc. (NASDAQ: CSTR) has denied that the company has a new deal with Time Warner Inc. (NYSE: TWX) that doubles the time that Coinstar must wait before it…
At least two district Federal Reserve Bank presidents agree that the Fed is not yet out of bullets in the battle to recover US economic growth. NY Fed President William Dudley spoke earlier today…
A disastrous supply glut of solar PV panels could lead to the shuttering of many of the weaker Chinese competitors, according to the CFO of Jinko Solar Holding Co. Ltd. (NYSE: JKS). China’s largest…