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Moody’s Investors Service raised its rating on Ford Motor’s debt to investment grade this afternoon, an important milestone that allows the carmaker to get its Blue Oval trademark out of hock. Executive Chairman Bill Ford Jr., great-grandson ...
May 22, 2012 at 20:53 | Source: Forbes
INDIANAPOLIS-- The late Dan Wheldon epitomized the popular notion of a race car driver: He was fearless, talented, charismatic and dashing, right down to his white-framed sunglasses. But after Wheldon won last year's Indianapolis 500 in a ...
May 27, 2012 at 11:58 | Source: Los Angeles Times
WHEN I first heard rumors that Chevrolet was going to produce the 2012 Camaro ZL1, I thought, “Fine, G.M. is building a Camaro with a supercharger and more horsepower. Big deal.” Now I’ve driven it and I know better: defining the ZL1 ...
May 25, 2012 at 20:00 | Source: New York Times
LONDON — The British drug maker GlaxoSmithKline changed the terms of its $2.59 billion proposed takeover of Human Genome Sciences on Wednesday in response to the biotechnology company’s shareholder rights plan, or poison pill. Last week ...
May 23, 2012 at 13:57 | Source: New York Times
Guess Inc. (GES) delivered a solid Q1 with both revenue and EPS beating Street estimates. Although Q2 and full-year guidance was cut primarily due to worries over Europe, its shares still jumped by ~7% during the day. The price action was partially fueled ...
May 24, 2012 at 19:32 | Source: Seekingalpha.com
Philip Kaufman’s midcareer run of great films, released from the late 1970s through 1990, can be seen as an examination of the varieties of heroism: physical and psychological (“The Right Stuff”), moral and political (“The Unbearable ...
May 27, 2012 at 22:56 | Source: New York Times
Harvard said it is cutting in half the number of required essays for most applicants to its full-time MBA program and making its first round application deadline earlier than ever before. By John A. Byrne (Poets&Quants) -- Harvard Business ...
May 22, 2012 at 17:12 | Source: CNN
On Thursday, Heinz (HNZ) reported its fourth-quarter earnings results along with its full year outlook. The earnings came in right around where Wall Street analysis were expecting them to. The company had to scale back its long-term growth projections due ...
May 25, 2012 at 21:47 | Source: Seekingalpha.com
Less than an hour into only its second day of trading, 88 million shares of Facebook (FB) had changed hands and the price was down 12 percent from Friday’s close of $38.23. (The shares closed Monday at $34.03.) In other words, you could buy ...
May 21, 2012 at 18:17 | Source: Businessweek
Alabama's credit rating should suffer because of the Legislature's failure to rescue Jefferson County, the managing director of a financial research firm told Bloomberg News. That failure, said Matt Fabian of Municipal Market Advisors, shows "a ...
May 27, 2012 at 09:20 | Source: Everything Alabama Blog