Company Activities and Information

1-10 of 62 results

DMC: Potential sale to Vanguard Health Systems

AP News 4 hours ago

Detroit Medical Center announces potential sale to Tenn.-based Vanguard Health Systems The Detroit Medical Center said Friday it has signed a letter of intent that opens the door for it to be purchased by a private Nashville, Tenn.-based health system. The nonprofit ...

Icahn launches hostile bid for Lions Gate

AP News 4 hours ago

Icahn makes hostile bid for all of Lions Gate after studio rejects his bid to boost his stake Activist shareholder Carl Icahn is launching a takeover bid for Lions Gate Entertainment. The disclosure comes a week after the film studio rejected his ...

Viacom, YouTube air dirty laundry in legal battle

AP News 4 hours ago

Once-private records depict YouTube founder as video pirate, show Viacom wanted to buy YouTube Viacom Inc. and Google Inc.'s YouTube site began airing each other's dirty laundry Thursday, providing a tantalizing peek at the wheeling and dealing that triggered a bitter battle ...

TriQuint Semiconductor hikes 1Q forecast

AP News 9 hours ago

Chip maker TriQuint Semiconductor hikes forecast for 1st-quarter earnings TriQuint Semiconductor Inc., which provides chips for mobile gadgets such as Apple's iPhone, hiked its profit forecast for the quarter on Thursday, a sign that demand is improving. The news pushed TriQuint shares ...

South Korea Samsung Electronics

AP News 13 hours ago

Shareholders of Samsung Electronics participate at the company's annual shareholders' meeting in Seoul, South Korea, Friday, March 19, 2010. (AP Photo/Lee Jin-man) Copyright 2010 AP News

Vimpel Communications posts 4Q profit

AP News 20 hours ago

Vimpel Communications posts 4th-quarter profit, reversing loss Russian telecommunications company Vimpel Communications posted a fourth-quarter net profit Thursday, reversing a year-ago loss as it added new mobile and broadband subscribers. The company earned $283 million, or 27 cents per American Depositary share, ...

Barnes & Noble, GameStop, Winnebago are big movers

AP News 20 hours ago

Barnes & Noble, GameStop, Winnebago, Delta Petroleum among big market movers Thursday Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market: NYSE: Winnebago Industries Inc., down 87 cents at $13.68 The recreational vehicle ...

GameStop shares jump on 4Q profit and '10 forecast

AP News 22 hours ago

GameStop's 4th-quarter results and 2010 forecast top expectations; shares rise GameStop's fourth-quarter results and 2010 forecast topped Wall Street expectations Thursday and company shares jumped more than 6 percent on its outlook for the year. Consumers still don't seem to be shopping ...

FedEx profit more than doubles, tops expectations

Reuters US Online Report Business News yesterday

NEW YORK (Reuters) - FedEx Corp <FDX.N> raised its fiscal-year outlook on Thursday after quarterly profit more than doubled, with strong Asian export volumes more than compensating for flat U.S. demand. Although the package delivery giant said the economic recovery was broadening, ...

Correction: Movado earnings story

AP News yesterday

Correction: Movado earnings story In a story March 16 about quarterly results from Movado Group Inc., The Associated Press reported erroneously that the company posted net income of 64 cents per share in its fiscal 2009. Instead, the company earned 9 cents ...

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