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Companies and Corporations

A collection of news and information related to Companies and Corporations published by this site and its partners.

Top Companies and Corporations Articles

Displaying items 100-110
  • Coca-Cola sales miss estimates on flat North America growth

    (Reuters) - Coca-Cola Co is still grappling with a problem even as sales of traditional Coke rise in North America: U.S. consumers are drinking less diet soda. The world's largest soda maker said on Tuesday that global sales volume rose 3 percent in its...
  • Apple profits beat expectations but sales miss

    Apple Inc. reported a mixed quarter on Tuesday, as its profit surpassed Wall Street's expectations, but its revenue fell short. The company also offered what appeared to be disappointing guidance. At least initially, investors appeared to shrug off...
  • Puerto Rico seeks dismissal of U.S. bond funds' lawsuit

    (Reuters) - The U.S. commonwealth of Puerto Rico asked a federal court to dismiss as premature a lawsuit filed by U.S. mutual funds that sought to strike down a recently enacted Puerto Rican law that the funds said posed a threat to American investors....
  • How CEO Pay Incentives Could Pave the Way for Media Megadeals

    The prospect of 21st Century Fox acquiring Time Warner has Wall Street and Hollywood bracing for a wave of mergers and acquisitions to hit the media sector. Conventional wisdom holds that entertainment conglomerates must bulk up to counter the size of...
  • UTC Profits Up 8%; Company Raises Earnings-Per-Share Guidance

    Net profits for United Technologies Corp. rose 8 percent in the second quarter, to $1.7 billion, the company reported Tuesday. Sales increased 7 percent, to $17.2 billion, with less than half of the gain from organic growth. The bulk of the increase...
  • Allergan to slash workforce by 1,500

    Allergan to slash workforce by 1,500
    Botox maker Allergan Inc. said Monday that it will cut 1,500 employees, most of them in Southern California, in a cost-cutting effort the Irvine company hopes will help it fight off a hostile takeover bid by a Canadian rival. Stung by criticism that it'...
  • Broadcom cuts 2,500 jobs in wind-down of baseband unit

    SAN FRANCISCO (Reuters) - Broadcom Corp said on Tuesday it is winding down its money-losing cellular baseband chip business and cutting one-fifth of its total workforce, instead of selling the unit. Chief Executive Scott McGregor told analysts on a...
  • Accretive Health's new CEO says top job is financial restatement

    Accretive Health's new CEO says top job is financial restatement
    On his first day on the job as CEO at hospital billings company Accretive Health Inc., Dr. Emad Rizk said Monday his first priority is to finish a massive restatement of the company’s finances dating back to the second quarter of 2010. Rizk, in an...
  • Time Warner moves to bar shareholders from calling meetings

    (Reuters) - Time Warner Inc's board moved to prevent its shareholders from calling special meetings, effectively throwing up a hurdle to any quick move to approve a potential takeover by Rupert Murdoch's Twenty-First Century Fox. Fox made an offer for...
  • Mexico telecoms overhaul starts to drag on America Movil

    MEXICO CITY (Reuters) - Carlos Slim's America Movil, Latin America's biggest telecoms company, said on Monday that new regulation in its core Mexico market was beginning to weigh on its performance. Lower exchange rate and financing costs helped the...
  • Fund managers unconvinced by Apple rebound

    NEW YORK/SAN FRANCISCO (Reuters) - Apple, once a can't-miss stock, is finding it tough to persuade portfolio managers to come back into the fold. The company's shares are up 17 percent for the year, nearly three times the performance of the benchmark...