Time, and Profits, Are on Best Buy's Side
WSJ.com: Markets 21 May 2012, 10:39 pm CEST
The electronics retailer remains profitable enough that it has time to think outside the box to rejigger its strategy.
Dimon's Buybacks Aren't Forever
WSJ.com: Heard on the Street 21 May 2012, 10:33 pm CEST
Discretion is the better part of valor, especially when a megabank is trying to ride out a storm.
Kodak Patent Invalid in Case Against Apple, RIM
WSJ.com: US Business 21 May 2012, 9:57 pm CEST
A Kodak digital-imaging patent was declared invalid, dealing a blow to the bankrupt imaging company that is trying to squeeze cash from its intellectual property portfolio.
Best Buy Hires Recruiter for CEO Search
WSJ.com: US Business 21 May 2012, 9:52 pm CEST
Best Buy Co. hired recruiting firm Spencer Stuart to run its search for a new chief executive, citing the firm's experience with retail and digital companies.
Best Buy Hires Recruiter for CEO Search
WSJ.com: Europe Home 21 May 2012, 9:52 pm CEST
Best Buy Co. hired recruiting firm Spencer Stuart to run its search for a new chief executive, citing the firm's experience with retail and digital companies.
Bayer-J&J Heart Drug Gains More Support
WSJ.com: US Business 21 May 2012, 9:28 pm CEST
An FDA medical reviewer recommended the agency expand the approval of Johnson & Johnson's and Bayer's anticlotting drug Xarelto.
The Case Against Former Goldman Director Gupta
WSJ.com Video - Law 21 May 2012, 9:07 pm CEST
The
trial of former Goldman Sachs director Rajat Gupta is the latest in
the government's far-reaching crackdown on insider trading. The
case centers on Gupta's relationship with Galleon's Raj Rajaratnam,
who was convicted last year on insider-trading charges. Gupta has
pleaded not guilty to charges that he passed corporate secrets to
Rajaratnam.
FDIC Targets Banks Over Soured Mortgage Securities
WSJ.com: Markets 21 May 2012, 8:31 pm CEST
The Federal Deposit Insurance Corp. is suing several big banks over soured mortgage securities that were purchased by failed lenders the regulator seized in 2009.
Facebook Shares Plummet on Day 2
WSJ.com: Europe Home 21 May 2012, 4:30 pm CEST
Shares in Facebook plunged on their second day on the stock market, a black eye for all those involved with the social networking company going public.
Gupta Trial Set to Get Under Way
WSJ.com: Europe Home 21 May 2012, 3:10 pm CEST
The criminal insider-trading trial of former Goldman Sachs director Rajat Gupta is due to start this morning with jury selection and opening statements.
U.S. Stocks Look Past Facebook and Rise
WSJ.com: Markets 21 May 2012, 2:28 pm CEST
U.S. stocks opened higher, bouncing from a recent stretch of sharp declines, as broad gains in European markets helped soothe some fears about the euro zone and Greece.
U.S. Stocks End Losing Streak
WSJ.com: Europe Home 1 Jan 1970, 1:00 am CET
The Nasdaq Composite index rose the most since December as hopes of political progress in Greece and talk of government efforts to buoy China's economy trumped a steep decline in Facebook's newly public stock.
Bankers Under Fire as Facebook Slips 11%
WSJ.com: US Business 1 Jan 1970, 1:00 am CET
Facebook shares skidded on their second day on the stock market, leaving some investors in the red and raising questions about whether the company and its lead banker, Morgan Stanley, botched the deal.
Kodak's Patent Tossed by Judge
WSJ.com: Europe Home 1 Jan 1970, 1:00 am CET
Kodak suffered a setback in a patent suit against Apple and BlackBerry maker RIM, dealing a blow to the one-time film giant's efforts to raise billions of dollars by selling off its intellectual property.
Bankers Under Fire as Facebook Slips 11%
WSJ.com: Markets 1 Jan 1970, 1:00 am CET
Facebook shares skidded on their second day on the stock market, leaving some investors in the red and raising questions about whether the company and its lead banker, Morgan Stanley, botched the deal.
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zero hedge - on a long enough ...

Former
Bain Capital Managing Director Edward Conard on The News Hub
explains why he believes everything you've told about the economy
is wrong. Photo: Bloomberg.
The
hunt for "yield"--that elusive return that can vault fund managers
and give investors a bang-for-their-buck feeling--is dominating the
market's psychology. But some cracks are starting to appear, as
Francesco Guerrera explains on The News Hub. Photo: Reuters.
Facebook
shares skidded on their second day on the market, leaving some
investors in the red and raising questions about whether the
company and its lead banker, Morgan Stanley, botched the deal.
Steven Russolillo has details on The News Hub. Photo: Bloomberg.
Blue
chips posted first increase in seven sessions, focusing instead on
comments from leaders that they want Greece to remain in the euro
zone. Steven Russolillo has details on The News Hub. Photo:
Bloomberg.