GM Invests in Lightweight-Steel Maker
To improve the fuel economy of its future cars and trucks, the automaker is investing in a company that has designed a new type of lightweight, high-strength steel.
Judge Clears Kodak to Pay $6 Million in Performance-Based Bonuses
A judge on Monday cleared Eastman Kodak Co. (EKDKQ) to pay up to $4.5 million in bonuses to 12 top executives and senior managers, along with a one-time cash payment of up to $1.5 million to its chief operating officer.
Vanguard, E*Trade Resume Routing Orders to Knight
Vanguard Group Inc. and E*Trade Financial Corp. (ETFC) have begun sending a portion of their retail customer orders to Knight Capital Group (KCG) after the embattled brokerage secured a $400 million lifeline from a group of investors.
Ford Building in More Factory Flexibility
The automaker is planning to open nine new plants in its Asia Pacific Africa region.
Petrobras Expects `Considerable Volume` of Divestments in 2nd Half 2012 -CFO
Brazilian federal oil company Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, expects to ramp up asset sales in its $14 billion divestment plan in the second half of 2012, Chief Financial Officer Almir Barbassa said Monday.
Summer Lull Unlikely To Last For Euro, Euro-zone Bond Markets
The summer lull that has befallen the euro and euro-zone bond markets is unlikely to last as more details emerge about the European Central Bank's latest plan to tackle the region's debt crisis.
HCA's Earnings Climb, But Inquiries Pressure Shares
HCA Holdings Inc. (HCA) announced Monday a surge in second-quarter earnings amid stronger patient volumes, but the hospital operator also disclosed a couple of inquiries involving heart-procedure practices and other issues that raised concerns and weighed on its stock price.
Morrison Supermarkets Buys 0.55 Million Own Shares to Cancel
Wm Morrison Supermarkets PLC (MRW.LN), an operator of supermarket chains, said Monday it purchased through Jefferies International Ltd 550,000 ordinary shares at an average price of 277.853 pence per share, adding that these shares will be cancelled.
Time Warner's Turner Buys Bleacher Report
Time Warner Inc.'s (TWX) Turner Broadcasting division has acquired The Bleacher Report in an effort to ramp up its online sports news content, the company said Monday.