Sales in both businesses fell for the third straight quarter, while total net sales posted their eighth decline in nine quarters. Chief Executive John Bryant attributed the de ..
South Korean automaker Hyundai Motor Co appears set to launch a standalone global premium product line-up, to be called Genesis, as it seeks to boost profitability which is be ..
A new narrative about today's stock market is starting to take hold on Wall Street. It's a throwback to a time when many Wall Street titans had never even dreamed of ..
Icahn, in one of the largest activist campaigns of the year, wrote to Hancock urging to him to spin off AIG's life and mortgage units into public companies, cut costs mor ..
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Pershing Square Holdings, the publicly traded security of Bill Ackman’s activist hedge fund, extended annual losses last month to 19 percent as investments in Valeant Pharmace ..
Bank of America Corp, the No. 2 U.S. bank, has agreed to sell its $87 billion money-market fund business to BlackRock Inc in one of the cash-management industry's largest ..
Video game maker Activision Blizzard (ATVI.O) will buy "Candy Crush Saga" creator King Digital Entertainment (KING.N) for $5.9 billion, as the heavyweight of console ..
GlaxoSmithKline's chief executive declined to comment on Tuesday on a report that Pfizer had approached the British drugmaker about a possible takeover in recent weeks bu ..
Sprint Corp. (S) on Tuesday reported a loss of $585 million in its fiscal second quarter. The Overland Park, Kansas-based company said it had a loss of 15 cents per share. Los ..