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Companies: Page 1858

Brown Rudnick to J. C. Penney: you're in default
J. C. PenneyThursday April 4, 2013 7:35AM ET
J. C. Penney Company received a letter from Brown Rudnick LLP claiming to represent holders of more than 50% of the Company’s 7.4% Debentures due 2037. The letter is a notice of default.
Dish raises $2.3 billion in debt for spectrum
Dish NetworkThursday April 4, 2013 6:50AM ET
Dish Network has priced a debt offering of $2.3 billion. The company will use the money for wireless and spectrum-related strategic transactions.
IAG orders 18 Boeing 787s
Boeing 787Thursday April 4, 2013 5:30AM ET
International Airlines Group (IAG) has reached agreement with Boeing for converting 18 existing Boeing 787s options into firm orders for British Airways. They will be used to replace some of the airline's Boeing 747-400 between 2017 and 2021.
Unstoppable Monsanto: net sales $5.5 billion
MonsantoThursday April 4, 2013 3:44AM ET
Monsanto Company reported strong second quarter and first half results: net sales for the quarter increased $724 million (15%) to $5.5 billion, and for the first six months net sales increased $1.2 billion or 17%.
Disney shuts down LucasArts, fires people, cancels Star Wars
LucasArtsWednesday April 3, 2013 5:57PM ET
After spending $4.05 billion to buy Lucasfilm five months ago, Disney concluded that it doesn't know what to do with LucasArts and it is closing it down.
Baidu confirms Baidu Eye, competitor to Google Glass
Baidu EyeWednesday April 3, 2013 7:00AM ET
Baidu has confirmed that it is developing prototype of digital eyewear similar to Google Glass. It will leverage Baidu's strengths in image search and facial recognition, said Baidu spokesman.
Apple to China: We'll do as you say
Apple ChinaWednesday April 3, 2013 6:33AM ET
China is indeed "to big to fail" market for Apple. After a series of complaints, Apple issued a statement on its Chinese website regarding repair and warranty terms.
Exxon Mobil and BHP Billiton to build largest LNG plant
Exxon Mobil BHP Billiton LNGWednesday April 3, 2013 5:30AM ET
Exxon Mobil and BHP Billiton want to build the world's largest floating liquefied natural gas (LNG) processing plant off the north-western shore of Australia.
BP to sell U.S. wind business for $1.5 billion
BP wind farmWednesday April 3, 2013 5:12AM ET
BP announced it will sell its U.S. wind farm operation. The new move marks a clear retreat from renewable energy to more profitable oil and gas projects.
Rambler-Afisha and SUP Media to merge
Rambler SUP MediaWednesday April 3, 2013 3:55AM ET
Internet companies Rambler-Afisha and SUP Media will merge, creating the third internet company in Russia with 35 million users.
Bank of America to pay $165 million to settle case with NCUA
Bank of AmericaTuesday April 2, 2013 4:03PM ET
The National Credit Union Administration (NCUA) announced a settlement with Bank of America for $165 million for losses related to purchases of residential mortgage-backed securities by failed corporate credit unions.
Yandex.Money launches micropayment for Twitter
Yandex Money TwymTuesday April 2, 2013 1:34PM ET
Yandex.Money has launched Twym, a project for transferring rubles between Twitter users who have Yandex.Money accounts.