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More Company News
Blockbuster plans to combine Class A and B stock - AP - Sat 12:14 pm ET
Blockbuster Inc. said late Friday it plans to combine its Class A and Class B common shares after receiving notice its stock didn't comply with the New York Stock Exchange's listing standards.
Texas high court agrees to rehear Exxon case - AP - Fri 9:07 pm ET
The Texas Supreme Court on Friday said it will again hear arguments in the nearly 15-year legal battle over accusations that Exxon Mobil Corp. loaded abandoned wells with junk, sludge and even explosives to keep other companies from drilling there.
Pa. residents sue gas driller over polluted wells - AP - Fri 8:36 pm ET
Pat Farnelli says there's something in the water at her house. The last time she drank it, she says she vomited four times. It's made her children sick, too.
Monsanto aims to stop leaks at Idaho mine dump - AP - Fri 7:28 pm ET
Monsanto Co. is installing a water management system at an Idaho phosphate mine the company depends on to make its Roundup weedkiller to stop the leakage of selenium and heavy metals into a tributary of the Blackfoot River.
Monsanto aims to stop leaks at Idaho mine dump - AP - Fri 7:28 pm ET
Monsanto Co. is installing a water management system at an Idaho phosphate mine the company depends on to make its Roundup weedkiller to stop the leakage of selenium and heavy metals into a tributary of the Blackfoot River.
Southwest Airlines changes board election rules - AP - Fri 6:40 pm ET
Southwest Airlines Co. said Friday it will require uncontested candidates for its board of directors to win a majority among shareholder votes cast to be elected, instead of just a plurality.
Report: Hershey may launch bid for Cadbury - AP - Fri 6:19 pm ET
Hershey Co. may make a $17 billion bid for UK candy company Cadbury PLC, topping the recent $16.5 billion hostile offer by Kraft Foods Inc., the Wall Street Journal reports Friday.
TD Ameritrade offering $1.25B in senior notes - AP - Fri 6:04 pm ET
Online retail brokerage TD Ameritrade Holding Corp. said Friday that it will sell $1.25 billion in senior unsecured notes in a public offering and use proceeds to retire debt and stagger the maturity of its long-term bonds.
Movers roundup: Dress Barn, Hibbett Sports - AP - Fri 5:58 pm ET
Shares of Dress Barn Inc. climbed a day after the company raised its yearly profit estimate above analysts' forecasts. SAN FRANCISCO -- Shares of sporting goods retailer Hibbett Sports Inc. rose a day after its third-quarter results beat Wall Street expectations and it raised its 2010 profit forecast.
Huntington Bancshares to buy $338.9M in notes - AP - Fri 5:57 pm ET
Huntington Bancshares Inc., parent company of Huntington National Bank, said Friday that it will pay $338.9 million for subordinated bank notes tendered for an offer that expired Thursday.
TDS announces buyback authorization, 4Q dividend - AP - Fri 5:44 pm ET
The board of Telephone and Data Systems Inc. has authorized the company to buy back as much as $250 million worth of its common and special common shares, as market conditions permit.
AK Steel to hike prices for carbon steel products - AP - Fri 5:41 pm ET
AK Steel Holding Corp., a supplier to the U.S. auto industry, said Friday that it will hike spot market prices for its carbon steel products, effective Jan. 1.
J.M. Smucker 2nd-quarter profit soars on coffee - AP - Fri 5:37 pm ET
J.M. Smucker Co. nearly tripled its profit in the second quarter as the addition of Folgers coffee gave a jolt to its lineup and lower commodity prices for coffee beans and other items fattened its profit margins.
J.M. Smucker 2nd-quarter profit soars on coffee - AP - Fri 5:37 pm ET
J.M. Smucker Co. nearly tripled its profit in the second quarter as the addition of Folgers coffee gave a jolt to its lineup and lower commodity prices for coffee beans and other items fattened its profit margins.
Moody's downgrades Sprint rating - AP - Fri 5:27 pm ET
Moody's Investors Service said Friday that it downgraded ratings for Sprint Nextel Corp. because it is taking longer than expected to stanch a deterioration in its profit.
D.R. Horton sees 26 perecent spike in 4Q orders - AP - Fri 5:20 pm ET
Homebuilder D.R. Horton Inc., saw new home orders spike 26 percent from a year ago in the latest quarter as buyers raced to close deals and take advantage of a federal tax credit. But a wider-than-anticipated loss fueled by write-downs sent shares tumbling more than 15 percent Friday.
Medidata shares fall on offering announcement - AP - Fri 5:14 pm ET
Medidata Solutions Inc., a maker of software and services for clinical development of drugs and medical devices, said Friday it plans a public offering of 4.5 million shares of its common stock.
Chase drops arbitration from card contracts - AP - Fri 5:10 pm ET
JPMorgan Chase & Co. said Friday it is dropping a clause from its credit card contracts that required disputes with customers to be handled through binding arbitration, a move that could lead to consumers filing class-action and other lawsuits.
Duke Realty renews credit facility - AP - Fri 5:08 pm ET
Duke Realty Corp. said Friday it renewed an unsecured revolving credit facility, which now has a borrowing capacity of $850 million.
Fitch raises rating outlook for Flowserve - AP - Fri 4:43 pm ET
Fitch Ratings boosted its rating outlook for Flowserve Corp. on Friday citing the pump making and fluid handling company's low leverage, good operating performance and other factors.
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