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Operations
New York Times:
The publisher said that it would need to make too many expensive acquisitions to gain a leading market position.
. (Read More)
Wall Street Journal:
GM's sale of its Saab unit has fallen through after the brand's expected buyer, Scandinavian auto maker Koenigsegg, pulled the plug on the deal. (Read More)
Wall Street Journal:
The News Hub panel discusses Playboy Enterprises' deal to outsource most of its magazine operations -- except for the editorial part -- to American Media Inc. in a bid to cut costs.
. (Read More)
Wall Street Journal:
NEW YORK (MarketWatch) -- H.J. Heinz Co. on Tuesday said its second-quarter net income fell to $237.3 million, or 73 cents a share, from $276.7 million, or 87 cents a share in the year-ago period. Breaking out a one-time los (Read More)
Wall Street Journal:
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
. (Read More)
Wall Street Journal:
HONG KONG (MarketWatch) -- Playboy Enterprises Inc. has signed an agreement to outsource most of the business operations of the Playboy magazine to American Media Inc. as it attempts to return to profits, The Wall Street Jou (Read More)
New York Times:
The chief of G.M.’s European operations is seeking German help in restructuring Opel, but the country’s economics minister said taxpayers should not be expected to play “the rich uncle.”. (Read More)
Wall Street Journal:
GM wants European Union governments to help provide $4.9 billion for its Opel unit, but will restructure the auto maker without state help if needed, GM's President of International Operations Nick Reilly said. (Read More)
Wall Street Journal:
LONDON (MarketWatch) -- National Bank of Greece said Monday that its third-quarter net profit fell 25% to 301 million euros ($450 million) from the 400 million euros it reported a year earlier. The result fell short of the 3 (Read More)
Wall Street Journal:
LONDON (MarketWatch) -- Telecom-networks specialist Ciena Corp. on Monday said it's won the auction to buy the Ethernet assets of bankrupt Canadian firm Nortel Networks for $769 million. The winning offer consists of $530 mi (Read More)
FOXBusiness.com:
Zodiac Aerospace Fiscal-year Profit Drops 66%. (Read More)
New York Times:
The Martin Luther King Jr. hospital enters a public-private partnership for more cost-effective operations.
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WSJ.com: What's News US:
EBay fixed a glitch that since Saturday had limited shoppers' ability to search for products in the run-up to the crucial holiday shopping season.
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New York Times:
Rohan and Mary Ghansam, both 53, had operations within a day of each other. After they returned home, the landlord told them they had to leave. They might never be well enough to return to work.
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Wall Street Journal:
At the Narayana Hrudayalaya Hospital in Bangalore, Dr. Devi Shetty and his fellow cardiologists perform about 600 operations a week. They're making heart surgery affordable to some of the poorest people in India. (Read More)
Wall Street Journal:
LOS ANGELES (MarketWatch) -- Moody's Investors Service on Friday downgraded its corporate family rating on Sprint Nextel Corp. to Ba2 from Ba1, saying the wireless-services provider's ability to stem the deterioration of its (Read More)
Wall Street Journal:
MADRID (MarketWatch) -- Italian automaker Fiat was cut to neutral from buy on Friday at UBS, which said it sees lower equity value for Chrysler. UBS said it continues to see value in Fiat as an agent of transformational chan (Read More)
New York Times:
Rejecting warnings by the Obama administration, a committee approved a plan by Rep. Ron Paul to require a sweeping audit of the Fed and to charge firms upfront to pay for a dissolution fund.
. (Read More)
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