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The Wall Street Journal: Cal-Maine Foods profit climbs 26% as egg prices remain high

2016-03-28 18:00:26| Livestock - Topix.net

Cal-Maine Foods Inc. said profit climbed 26% in the latest quarter, easily topping Wall Street expectations, as the egg producer again benefited from higher egg prices. The company has seen higher egg prices in recent quarters following a reduction in the number of hens last spring because of an outbreak of avian flu that routed some competitors' flocks.

Tags: high street journal prices

 

The Wall Street Journal: NTT Data to buy Dell's IT-services arm for $3.1 billion

2016-03-28 14:21:45| IT Services - Topix.net

Japan's NTT Data Corp. said Monday that it has agreed to buy Dell Inc.'s information-technology-services division for $3.05 billion, its latest effort to seek growth overseas. whose operations span fixed-line and mobile telecommunications as well as IT services.

Tags: data buy street journal

 
 

The Wall Street Journal: Netflix admits throttling videos on AT&T, Verizon wireless networks

2016-03-25 00:15:49| Wireless - Topix.net

AT&T Inc. and Verizon Communications Inc. were on the defensive last week after accusations swirled they were throttling the quality of Netflix Inc. video on their wireless networks. , a leading proponent of open Internet rules, has been lowering the quality of its video for customers watching its service on AT&T The popular video service said Thursday that for more than five years it has limited its videos to most wireless carriers across the globe, including AT&T and Verizon, to "protect consumers from exceeding mobile data caps," which may discourage future viewing.

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Valeant: Wall Street Is At It Again

2016-03-24 19:05:36| Biotech - Topix.net

An investor complaint in 2002 against a Merrill Lynch Internet analyst shined a spotlight on the lucrative relationships between analysts at Wall Street banks and their executive counterparts in investment banking. The complaint highlighted how analysts, who typically sounded like independent voices dispensing wisdom on the prospects of high risk internet start-up companies, were actually in cahoots with investment bankers.

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Energy stocks lead an early decline on Wall Street

2016-03-24 15:41:35| Oil & Gas - Topix.net

Most of the biggest decliners in early trading Thursday were oil and gas companies. Williams Companies sank 6 percent and Chesapeake Energy fell 5 percent.

Tags: street early lead energy

 

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