Shyftr Shyftr

Monday, April 27, 2015

Wall Street Journal

Canadian Economy to Get Boost From Non-Energy Side

4 days ago
Canada’s non-energy exports are set for a “substantial boost” as U.S. demand grows and the global economy benefits from lower energy prices, Canada’s export credit agency predicted.

GM Sales Get Boost From China

6 days ago
GM’s global sales grew 1.9% in the first quarter compared with the same period in 2014. Strength in the U.S. truck and SUV market and a 9.4% gain in China allowed GM to offset deep declines in Europe and South America.

Amazon Enters Online Travel

6 days ago
Amazon launched a travel service that offers lodging in the Northeast, southern California and Pacific Northwest.

Kering to Give Priority to Gucci as Sales Dive

6 days ago
French luxury and lifestyle company Kering said its priority is to give “fresh impetus” to its flagship brand Gucci, as business at the label took a deep dive in the first quarter.

BlackBerry to Buy WatchDox

6 days ago
BlackBerry has agreed buy document-security firm WatchDox.

Harley-Davidson Cuts Output in Face of Rivals' Discounts

6 days ago
Harley-Davidson Inc. is scaling back motorcycle production as it loses sales to rivals offering discounts of as much as $3,000 per bike.

FDIC to Propose Rule to Help Big Banks Handle Failure

6 days ago
Federal Deposit Insurance Corp. officials on Tuesday will release a proposal to help them better sort through a large, complex bank’s accounts in the event of a sudden failure.

H-P to Sell Snapfish to District Photo

6 days ago
Hewlett-Packard said Tuesday that it has agreed to sell its Snapfish photo-storage business to District Photo, as part of the computer company’s plan to split up its business.

Goldman Takes Stake in Perseus

6 days ago
Goldman Sachs made a $20.5 million investment in Perseus Telecom, a provider of high-speed telecommunications for exchanges, banks and other financial institutions.

CEOs Awarded More Cash Pay

6 days ago
CEOs’ cash pay rose at its fastest rate in at least four years in 2014, swelling to 37.3% of total compensation. Equity grants, meanwhile, are becoming less attractive as the stock market scrapes against record highs.

Canadian Pacific Railway Profit Rises

6 days ago
Canadian Pacific Railway on Tuesday credited its cost-control efforts for a record first-quarter operating performance and profit.

Behind Ginni Rometty's Plan to Reboot IBM

6 days ago
Spending time with IBM CEO Ginni Rometty shows how she is trying to reinvent the nearly 104-year-old tech icon while it continues a yearslong slump. Her task is unlike that of past CEOs, who remade IBM by shifting toward new markets it could dominate.

Gannett Profit Soars on Broadcast, Digital Revenue

6 days ago
Gannett Co. said its first-quarter earnings soared as growth in the media company’s broadcast and digital businesses offset declines at its publishing division.

Under Armour Profit Falls 13%

6 days ago
Under Armour reported that its earnings fell 13% in the March quarter because of currency volatility and costs related to previous acquisitions.

Baker Hughes Cuts More Jobs

6 days ago
Baker Hughes said it has cut 17% of its workforce, and the oil-field-services company closed or consolidated 140 facilities during the first quarter amid falling oil prices. The company also reported first-quarter results that came in sharply below Wall Street expectations.

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