| Aug 14, 2014
| 11:01 AM
Standard & Poor's lowered SeaWorld Entertainment's credit rating Thursday amid negative publicity over its treatment of killer whales.
The move by the Wall Street rating company came one day after SeaWorld reported lower-than-expected earnings for the...
| Aug 15, 2014
| 3:23 PM
Online home-furnishings retailer Wayfair Inc is seeking to raise $350 million in an initial public offering of its Class A common stock, the company said in a regulatory filing on Friday.
The Boston-based company owns brands such as online flash sales...
| Aug 5, 2014
| 4:15 AM
WH Group Ltd., the world's biggest pork company and owner of Smithfield Foods, surged 7 percent in its Hong Kong trading debut on Tuesday after sharply scaling back valuations in its second attempt at an initial public offering.
While WH Group's $2.1...
| Aug 5, 2014
| 8:13 PM
Six years after the financial crisis, regulators said that 11 banks deemed too big to fail still have produced no workable procedures to help regulators shut them down should they ever reach the brink of failure.
The Federal Reserve and the Federal...
| Jul 29, 2014
| 4:30 PM
Twitter shares jumped as much as 35% in after-hours trading after the social-media company posted better-than-expected earnings for the second quarter of 2014.
The company reported revenue for the period of $312 million, up 124% year-over-year, and a net...
| Jul 30, 2014
| 1:04 PM
(Reuters) - Troubled life insurer and annuity provider The Phoenix Companies Inc has hired investment banks Goldman Sachs Group Inc and Sandler O'Neill and Partners to explore a sale, according to people familiar with the matter.
Shares of the insurance...
| Jul 30, 2014
| 5:15 PM
The financially troubled Phoenix Cos. has hired investment banks Goldman Sachs Group Inc. and Sandler O'Neill and Partners to explore a sale, according to people familiar with the matter.
The Hartford-based life insurer began exploring a sale earlier...
| Feb 12, 2014
| 7:33 AM
Facebook celebrated its 10th anniversary last week by launching a feature called "Look Back" videos.
After around 200 million users jumped at the chance to create their own, Facebook is declaring the feature as a success.
Sheryl Sandberg, Facebook's...
| Jan 31, 2014
| 5:44 PM
NEW YORK — A New York state judge has approved nearly all of an $8.5-billion settlement between Bank of America and large investors who suffered losses in mortgage-backed bonds stemming from the housing meltdown.
The settlement centers around...
| Jan 23, 2014
| 3:51 PM
Republican gubernatorial candidate Neel Kashkari responded to reports that he had a spotty voting record, acknowledging that he has not gone to the polls in every election. He pointed to his decision to leave a lucrative investment banking career to...
| Dec 31, 2013
| 7:21 PM
NEW YORK — Wall Street closed out an epic year with the stock market's best performance since 1995, fattening the retirement accounts for a generation of Americans crushed by the financial crisis just five years ago.
The 27% gain in the Dow...