The struggling department-store chain was downgraded by Citi analysts.
Analysts predicted AB InBev would rake in $1 per share on revenues of $10.4 billion.
However, the largest U.S. drugmaker's adjusted income fell 10% to $4 billion, or 56 cents per share.
Third Point LLC, activist investor Dan Loeb's hedge fund, has pivoted from high tech to fertilizer, hoping for a big financial harvest.
The pharma giant aims to combat generic-drugmaker competition by restructuring and focusing on drugs for humans.
As regulators debate the detriments of "too big to fail," the concept remains an inevitability.
CEO John Fallon says the salmon-colored broadsheet is still gold to Pearson.
Wells Fargo is terminating eight of its joint ventures in the mortgage business. Add that to nearly 100 last year.
A Manhattan grand jury has handed up an indictment of hedge fund SAC Capital.
The construction equipment company did not meet analysts' expectations in the second quarter.
The world's largest plane maker increased its full-year earnings forecast.
LinkedIn is going to start pushing more sponsored stories your way.
Tourists should avoid Dubai until it passes new laws to protect women who report being raped.The city’s glitzy hotels and luxury retailers create a veneer of modernity over the desert city, nestled on the shores of the United Arab Emirates. In many ways, Dubai can count itself among the world’s international centers of commerce -- alongside London, New York and Hong Kong. But like the backwoods cast of CBS’s 1960s hit “The Beverly Hillbillies,” newfound oil wealth can put you in league with the global elite before you catch up with its social mores.In the UAE, as in some other countries that use Islamic law, a woman can only help convict the man who rapes her if the accused confesses or four adult men must testify as witnesses.
Time Warner's magazine unit now knows who will lead it once it splits off into a new company.
That said, Q2 revenue was sluggish, at best, and Wall Street did not respond well.
Most companies are reporting better-than-expected second-quarter earnings, but it's not because of revenue growth.
The move puts Amgen in the lead to buy the cancer-drug maker.
Sales in J.C. Penney's home goods department are down 30 percent this year, and executives are fleeing.
Some shareholders are unconvinced by the $13.65-per-share bid. Would $14 per share be enough?
A plague is wiping out farm-raised shrimp in their infancy -- and with lesser supply comes greater prices.
Apple is appealing a judge's decision not to ban sales of infringing Samsung phones and tablets.
Panamanian officials seized "sophisticated missile equipment" stowed aboard a North Korean ship heading home from Cuba.
Wells Fargo donated more cash to charities than Wal-Mart for the first time in seven years.
The ratings service downgraded Europe's second-largest economy from AAA to AA+.
Two former RP Martin brokers were charged with conspiracy to defraud on Monday.
Analysts at Bank of America Merrill Lynch boosted their 2013 outlook, citing "positive surprises" in the U.S. economy.
News Corp. is putting its British media properties under one roof in London.
In May, some investors wanted Jamie Dimon barred from holding chairman and CEO titles. Since then, he's proven why he kept them.
The JPMorgan Chase chairman and CEO says he shouldn't be the next U.S. Fed chairman.
The staff-level agreement will cut more public sector jobs -- a move critical to meeting the conditions of the original bailout.
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