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The Wall Street Journal: United Technologies sets $6 billion accelerated buyback
2015-11-12 14:39:59| Paper - Topix.net
United Technologies Corp. has entered into accelerated share-buyback agreements with two banks to repurchase $6 billion of the company's common stock, according to a Securities and Exchange Commission filing Thursday. The maker of Pratt & Whitney jet engines, Otis elevators and Carrier air-conditioning equipment said Deutsche Bank AG and J.P. Morgan Chase & Co.
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Wall Street ends lower as oil and retailers weigh
2015-11-11 23:42:49| Chemicals - Topix.net
REUTERS: U.S. stocks finished lower on Wednesday after investors sold oil companies and dumped brick-and-mortar retailers after a disappointing forecast from Macy's. Energy stocks were bogged down by a more than 3 percent drop in oil prices to their lowest since mid-September on worries about growing U.S. stockpiles.
Wall Street ends lower as oil and retailers weigh
2015-11-11 23:34:08| Oil & Gas - Topix.net
REUTERS: U.S. stocks finished lower on Wednesday after investors sold oil companies and dumped brick-and-mortar retailers after a disappointing forecast from Macy's. Energy stocks were bogged down by a more than 3 percent drop in oil prices to their lowest since mid-September on worries about growing U.S. stockpiles.
The Wall Street Journal: Safeway looks to sever ties with Theranos after $350 million spend
2015-11-11 12:15:58| Grocery - Topix.net
Safeway Inc. spent about $350 million to build clinics in more than 800 of its supermarkets to offer blood tests by startup Theranos Inc. But the tests never began, the clinics are now used largely for flu shots and travel-related vaccines, and the two companies have been negotiating to officially dissolve their partnership, according to people familiar with the matter. Current and former Safeway executives said Theranos missed deadlines for the blood-testing rollout.
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The Wall Street Journal: Molson Coors nears deal to buy remaining MillerCoors stake
2015-11-10 21:26:39| Beverages - Topix.net
Molson Coors Brewing Co. is nearing a deal to buy the rest of the MillerCoors LLC U.S. joint venture, paving the way for SABMiller PLC to cement its blockbuster sale to Anheuser-Busch InBev NV.
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