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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 12-22
  • Sony Lifts First Quarter Profits, But Estimates $488 Million Loss for Year

    TOKYO -- Troubled electronics giant Sony has flummoxed nay-saying analysts with a rise in six-fold increase in net income in the three months to June of JPY26.8 billion ($261 million). For the April-June period total sales advanced by 6% to $17.9 billion...
  • PPL reports strong second quarter earnings

    PPL Corp. reported strong second quarter earnings Thursday, as it works to complete a spin-off of its competitive energy supply business into a new stand-alone entity. The Allentown-based energy company reported earnings of $229 million or $0.34 a share,...
  • CME Group earnings drop on weak trading volumes

    CME Group earnings drop on weak trading volumes
    CME Group Inc., the world's largest futures market operator, on Thursday reported lower-than-expected second-quarter earnings due to weak trading volumes. CME Group Inc., the world's largest futures market operator, reported lower-than-expected second-...
  • Cigna Profit Rises As Premium Revenue Grows

    Health insurer Cigna Corp said on Thursday second-quarter profit and revenue both rose as it took in more health care premiums and fees from more customers in its commercial business. Cigna's profit beat analysts' expectations, following a trend this...
  • Tesla, Panasonic partner for $5 billion U.S. 'gigafactory'

    Tesla Motors will partner with Panasonic Corp. to create the $5 billion "gigafactory" battery plant that the company has said will bring down the cost of its popular but expensive electric cars. Panasonic could invest as much as $1 billion in the...
  • Scripps, Journal Communications to Combine TV Stations, Spinoff Newspapers

    Two more TV station groups are merging in an effort to achieve greater scale and separate broadcast and newspaper holdings. E.W. Scripps Co. has set a deal with Journal Communications that will create two public companies: one housing their combined...
  • Target names an outsider as new CEO

    Target Corp. has named a new chief executive and chairman to shepherd the retailer beyond a massive data-hacking incident that marred its last holiday season. The nation's third largest retailer said Brian Cornell, who most recently served as an...
  • Lumber Liquidators' profit falls on decreased sales

    Lumber Liquidators' profit falls on decreased sales
    Reduced customer traffic and constraints on inventory for Toano-based Lumber Liquidators' stores led to a sales shortfall and an 18.7 percent drop in profit in the second quarter, the company reports. While overall sales increased by 2.3 percent with...
  • How Far Will Murdoch Go to Acquire Time Warner?

    At 83, Rupert Murdoch still carries the swagger of a corporate brawler. At Allen & Co.'s annual Sun Valley captains of industry conference in July, the media baron approached a throng of eager reporters, and swung and stretched his arms like an aging...
  • Tesla expects to nearly double Model S output in 2015

    Tesla expects to nearly double Model S output in 2015
    DETROIT (Reuters) - Tesla Motors Inc, the California-based maker of luxury electric cars, said it expects to build more than 60,000 cars in 2015, after spending heavily this year to update and expand its Fremont assembly plant. Chief Executive Officer...
  • Northeast Utilities Profits Hit By Federal Transmission Ruling

    Profits at Northeast Utilities fell in the second quarter due to ongoing merger costs and a charge relating to a federal review of how much money is reasonable for it and similar companies to earn from transmission projects. Lower electric sales due to...