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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 111-121
  • Time Warner adopts provision that makes hostile takeover tougher

    Time Warner adopts provision that makes hostile takeover tougher
    In a move designed to ward off a potential hostile takeover, Time Warner Inc. approved a provision that would make it difficult for dissident shareholders to force a vote on a sale or attempt a change in the board of directors. The change in the company...
  • 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...
  • McDonald's profit misses expectations in 2Q on flat sales

    McDonald's profit misses expectations in 2Q on flat sales
    McDonald’s Corp.’s CEO once again said the world’s largest restaurant company needs more time to show improvements, after missing Wall Street’s quarterly sales and profit expectations for the second consecutive quarter as it...
  • Comcast's 2Q Net Income Soars Nearly 15% On Sale of Web Services

    Comcast said second-quarter net income rose about 15% as more of its cable customers opted to take a higher degree of service to get high-speed connections to the Internet as well as other business-related products. The boost to the company's bottom...
  • 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'...
  • Lockheed profit tops forecast; Orlando results mixed

    Lockheed profit tops forecast; Orlando results mixed
    Despite a small drop in sales, Lockheed Martin Corp.'s big aircraft contracts helped it post a higher second-quarter profit that topped Wall Street's forecast, the company said Tuesday. The defense giant, based in Bethesda, Md., earned $880 million, up...
  • 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...
  • Beretta to move gun production from Maryland

    Beretta U.S.A., the American arm of the iconic Italian firearm maker, said Tuesday that it would move all of its U.S. manufacturing activities from Prince George's County to Tennessee in response to the gun control law the Maryland General Assembly passed...
  • 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...
  • SAG-AFTRA, Companies Extend Contracts for a Third Day; Negotiations Continuing

    For the third day in a row, SAG-AFTRA and the Alliance of Motion Picture and Television Producers have agreed to extend the current TV and movie contracts for 24 hours. The deals had been set to expire at midnight tonight. Negotiations on a successor...
  • Sources: Aetna Mulls Sale Of Coventry Health Care Assets

    Aetna is exploring a sale of some of Coventry Health Care's assets worth as much as $1.5 billion, according to people familiar with the matter, a year after it acquired Coventry for $5.6 billion. Aetna Inc., the third largest U.S. health insurer, is...