Amazon grabs rights to stream older HBO shows
(Reuters) – Amazon.com’s streaming video service will offer some older shows from premium-cable channel HBO starting next month, a deal that intensifies both companies’ competition with subscription-video service Netflix.
Strong U.S. defense firm profits defy regular gloomy warnings
WASHINGTON (Reuters) – U.S. arms makers complain regularly that lower Pentagon spending on ships, jets and other hardware will hit their earnings, but a string of better-than-expected results this week show that layoffs and cost-cutting have kept profi…
Boeing cash register rings again, sending shares higher
(Reuters) – Rising jet production helped Boeing Co generate substantial cash in the latest quarter, and the company said on Wednesday that it lavished the rewards on shareholders, sending its stock higher.
Valeant CEO ‘disappointed’ in Allergan poison pill: CNBC
(Reuters) – The chief executive officer of Valeant Pharmaceuticals, which made a $47 billion unsolicited offer for competitor Allergan Inc on Tuesday, said during an interview on CNBC that he was “disappointed” with Allergan’s so-called poison pill.
Sony to enter real estate business: Nikkei
(Reuters) – Sony Corp will branch out into the real-estate business in August and plans to take the unit public in three years, the Nikkei reported without citing a source.
Amazon’s eroding tax advantage, bid to sustain growth in focus in first quarter
SAN FRANCISCO (Reuters) – Amazon.com Inc’s quarterly results on Thursday may heighten worries that its edge over online and even traditional brick-and-mortar rivals is narrowing as it charges sales tax in more states, curtailing growth in its core busi…
AT&T margin weakness fuels concern about U.S. cellular sector
NEW YORK (Reuters) – Increasingly aggressive discounting is taking a toll on AT&T Inc and U.S. cellular rivals as they struggle to attract customers in a nearly saturated market.
Special Report: For private deals, no one is watching the watchdogs
OMAHA, Nebraska (Reuters) – From 2006 to 2009, Provident Asset Management raised $485 million from 7,700 investors who were drawn to its promises of annual returns as high as 18 percent on oil and gas assets. Law firm Mick & Associates helped. Provident paid Mick to provide “due diligence” reports to help brokers decide whether to recommend the investments to their clients.
Telekom Austria proves slippery target for Slim
VIENNA (Reuters) – Tycoon Carlos Slim stumbled in his bid for control of Telekom Austria on Wednesday, as a meeting designed to rubber-stamp a co-ownership deal with the Austrian government was boycotted by labor representatives unhappy with the propos…
IBM unveils new server model to tackle big data, analytics
NEW YORK (Reuters) – International Business Machines Corp, in its latest attempt at reviving demand for its hardware products, is launching high-end system servers that it says are 50 times faster than its closest competitor at analyzing data.
