J.P. Morgan Fails to End Mortgage Lawsuit
A federal judge rejected the bank's move to dismiss a lawsuit accusing it of misleading thousands of struggling homeowners about modifying their mortgages.
Humana Reports Weaker Profit, Cuts Guidance
Humana Inc. (HUM) reported weaker second-quarter earnings while cutting its full-year forecast late Monday because of high costs for both new and existing customers on Medicare plans.
Ross Levinsohn Departs Yahoo
Ross Levinsohn, who served as interim chief executive of Yahoo after the departure of Scott Thompson, is reportedly leaving the company.
Eastman Chemical Earnings Fall 17%
Eastman Chemical Co. reported late Monday a second-quarter profit from continuing operations of $1.26 a share, down from $1.51 a share a year ago.
Anadarko Swings to Loss on Big Write-Down
Anadarko Petroleum Corp. (APC) swung to a loss in the second quarter as the oil-exploration company was hurt by a $978 million write-down related mostly to coalbed-methane properties at a time of low natural-gas prices.
ADR Report: Downbeat Solar News Drags Shares Lower
International companies trading in New York closed lower Monday, following a slew of downbeat news from solar companies and a big Friday runup in the broader index.
Apple, Samsung Patent Trial: What's at Stake
The tech titans are in the middle of a legal war accusing each other of patent violations--so what does that mean for consumers?
ConAgra Buying Unilever North America Frozen-Meals Unit for $265 Million
ConAgra Foods Inc. (CAG) is broadening its offerings in the frozen-food aisle with an agreement to buy Unilever PLC's (UN) frozen-meals businesses in North America, which sells items under the Bertolli and P.F.
Wisconsin Oil Spill Complicates Enbridge Growth Plans
CALGARY, Alberta--The latest oil spill from Enbridge Inc.'s (ENB) Mainline pipeline system is bad timing for Canadian pipeline companies, which are trying to gain public support for new oil projects in Canada and the U.S.
Seagate Net Soars on Improved Revenue, Margins
Seagate Technology Inc.'s (STX) fiscal fourth-quarter profit soared as the hard-drive maker reported that its revenue jumped and profit margin strengthened.