Tagged: Company coverage

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Netflix gains subscribers; stock soars

Investors piled into Netflix shares Wednesday after the streaming video service added more than 2 million customers in the last quarter of 2013. Netflix’s gains presents a conundrum for mainstream cable providers and network...

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Deutsche Bank posts loss

Deutsche Bank shocked the market with its surprise week-early earnings announcement, which was more than a $1 billion loss. The Wall Street Journal had this story by Ulrike Dauer, David Enrich and Eyk Henning:...

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Shell warns on earnings

Taking over one of the top oil jobs would never be easy, but for Shell CEO Ben van Beurden announcing a drop in earning for his company was likely difficult. It’s never a good...

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Yahoo dismisses No. 2 executive

It looks like turning around an Internet behemoth isn’t as easy as it sounds. Yahoo Chief Executive Officer Marissa Meyer ousted her No. 2 executive Henrique de Castro, indicating the company isn’t turning around...

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AOL sells Patch

The grand experiment of hyper-local journalism being conducted by an online company is over. AOL announced today that it would sell a majority of Patch. William Launder wrote in the Wall Street Journal that...

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Biz media chase new GM CEO

Mary Barra, the first woman to lead a major global automaker, has a press corps following like no other executive, reports Tom Krisher of the Associated Press. Krisher writes, “Barra, who officially becomes General...

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Suntory buys Beam for $13.6 billion

Merger Monday brought a huge announcement in the liquor world. Japanese whiskey maker Suntory  is buying Beam Inc. for $13.6 billion. Since it’s the first large deal of the year and such an iconic...

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Detroit bounces back

As Detroit works through one of the biggest bankruptcies in municipal history, the auto industry begins to return to profitability. It’s one of the best turnaround stories of the year told through the annual...

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Volcker Rule back in the news

Reports Tuesday that Congress is considering changing some provisions of the Volcker Rule came as banks started to react to the new law. Floyd Norris wrote about the potential changes in the New York...

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Vanity Fair, Fortune switch roles

Eric Starkman, a public relations professional, writes that Vanity Fair magazine and Fortune magazine appear to have switched roles with the hard-hitting business coverage appearing in the former about Yahoo’s CEO. Starkman writes, “I...