Companies and Corporations

SYDNEY (Reuters) - Asian shares opened cautiously higher on Friday with Tokyo's Nikkei steadying from its biggest one-day drop in two years as investors breathed a sigh of relief when Wall Street cut losses on an upbeat outlook from Hewlett-Packard. As...

(Reuters) - Procter & Gamble Co on Thursday brought back A.G. Lafley to run the world's largest household products maker, replacing Bob McDonald immediately in the midst of a major restructuring. Lafley is taking on the roles of chairman, president and...

(Adds Dell Inc, Orkla, Marathon Oil, Elan, prada, Telecom Italia and others) May 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: ** Activist investor Carl Icahn and Southeastern Asset...

McDonald's executives fielded a number of questions at the company's annual shareholder meeting Thursday, including its role in the global obesity epidemic, marketing to children and wages for entry-level workers at its restaurants. "We don't sell junk...

NEW YORK (Reuters) - Activist investor Carl Icahn and Southeastern Asset Management Inc have initiated talks with banks and asset managers to line up commitments for as much as $7 billion in bridge loans to back their leveraged recapitalization proposal...

By Bill Berkrot May 23 (Reuters) - First Manhattan Company (FMC) added some heavyweight muscle on Thursday to its bid to shake up the board of drugmaker Vivus Inc by naming former Carl Icahn top lieutenant Alex Denner and two others to its slate of...

Sears Holdings Corp. said it lost $279 million, or $2.63 per diluted share, in the first quarter compared to $189 million or $1.78 per share a year earlier.  The Hoffman Estates-based retailer said sales slid to $8.4 billion from $9.2 billion last year,...

ING U.S. Inc., which soon will be rebranded as Voya Financial, offered its first earnings report since the company was separated from the Dutch-based ING Groep N.V. "Today is a landmark day for us …," Chairman and CEO Rodney O. Martin Jr. said...

LOS ANGELES (AP) — Internet radio company Pandora Media Inc. reported higher-than-expected revenue in the latest quarter, with losses in line with analysts' forecasts, as the number of subscribers who pay for ad-free listening more than doubled to...

(Reuters) - Infoblox Inc reported a better-than-expected quarterly profit on higher demand for its network automation products and forecast current-quarter earnings above analysts' estimates. Shares of the Santa Clara, California-based company rose 15...

(Reuters) - Farm equipment retailer Titan Machinery Inc said it expects to report a quarterly loss as demand was hit by a wet spring weather in the United States that delayed corn plantations, sending its shares down 12 percent in extended trade. Titan...

Macy's Inc., Target Corp. and 15 other U.S. retailers sued Visa Inc. and MasterCard Inc. on Thursday over fees to process credit card transactions. The lawsuit, filed in U.S. District Court in Manhattan, came before a May 28 deadline for the millions...