Group items tagged

"Bankrupt airline company AMR Corp is reported to be in talks with potential partners for a merger or other investment partnership - a purported climbdown from its earlier resolve to avoid such deals until it emerges from insolvency. "

"A tentative agreement has been reached between Lockheed Martin Corp and the Machinists Local 776 union late Saturday after negotiations started Wednesday. The machinists will vote this week on a new labor contract. "

"The Federal Trade Commission has sued Wyndham Worldwide Corp and three of its subsidiaries over alleged data security failures that led to three data breaches at Wyndham Hotels in less than two years."

"Liberty Media Corp won a $950 million jury verdict Monday against French media company Vivendi Universal S.A. in a lawsuit stemming from a 2002 sale of USA Networks."

"Three executives of Duke Energy Corp have resigned just a week after its merger with Progress Energy Inc. Its chief executive had also been ousted."

"Patriot Coal Corp has filed for bankruptcy protection as it was facing increasing pressures in recent months with demand for coal plunging to a 24-year low due to a shift to natural gas and milder winters, falling thermal coal prices, canceled customer contracts and rising costs for environmental liabilities. "

"Intel Corp has decided to invest $4.1 million to acquire 15 percent stake in Dutch chip-equipment maker ASML Holding NV with the intention of reducing the time needed to adopt new production techniques by two years."

"America's second biggest discount-store operator Target Corp has teamed up with luxury specialty retailer Neiman Marcus Group, Inc for the 2012 holiday season."