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  • Brazil Stocks Open Higher Led By Oil Company OGX

    Posted: Wed, 08 May 2013 13:48:13 GMTPosted: 2013-05-08T13:48:13Z
    Brazil's shares opened higher Wednesday led by Brazilian independent oil producer OGX Petroleo e Gas Participacoes SA (OGXP3.BR, OGXPY), controlled by billionaire Eike Batista.
  • Display Ads Grow But AOL 1Q Earnings Disappoint, Shares Fall

    Posted: Wed, 08 May 2013 13:41:42 GMTPosted: 2013-05-08T13:41:42Z

    The online media group reported a rise in first-quarter revenue as revenue display ads increased 8% to $140 million.

  • Dow, S&P Slip from Record Highs

    Posted: Wed, 08 May 2013 13:32:14 GMTPosted: 2013-05-08T13:32:14Z

    The Dow and S&P 500 fell mildly from all-time highs logged last session as traders focused on data about the global economy and a smattering of corporate news.

  • Chesapeake wins bond dispute with Bank of NY Mellon

    Posted: Wed, 08 May 2013 13:31:59 GMTPosted: 2013-05-08T13:31:59Z
    A federal judge on Wednesday ruled in favor of Chesapeake Energy Corp in a dispute with Bank of New York Mellon Corp over the natural gas company's effort to buy back $1.
  • Delta to pay dividend, begin share repurchase program

    Posted: Wed, 08 May 2013 13:13:58 GMTPosted: 2013-05-08T13:13:58Z
    Delta Air Lines Inc , moving to enhance investor returns, will start paying a dividend and launch a $500 million share buyback program, the company said on Wednesday.
  • Boeing warns against U.S. Ex-Im Bank closure

    Posted: Wed, 08 May 2013 13:12:08 GMTPosted: 2013-05-08T13:12:08Z
    Closure of the U.S. Export-Import Bank would have very serious consequences for planemaker Boeing Co and hand a competitive advantage to its rival Airbus , a senior executive at Boeing's financing arm said.
 
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