Microsoft Swings to 4th-Quarter Loss on Write-down
Sustained growth of Microsoft Corp.'s (MSFT) core Office and enterprise software businesses cheered investors even as the software giant swung to a fiscal fourth-quarter loss--its first quarterly loss in at least 20 years--after a write-down and increase in deferred revenue related to a Windows 8
China Tells Local Governments to Keep Firm Grip on Housing Market - State Media
China has told its local governments to keep a firm grip on the housing market to prevent property prices from rebounding, state media reported Friday, citing an urgent government notice.
Treasury Wine Appoints Rayner Chairman, Adds 3 New Directors
Treasury Wine Estates Ltd. (TWE.AU) said Friday non-executive director Paul Rayner will become its chairman, replacing the outgoing Max Ould.
Westpac: Key Executive Peter Hanlon to Take Advisory Role
Peter Hanlon will stay on as an adviser to Westpac Banking Corp. (WBC.AU) after stepping down as head of its Australian Financial Services division next month, the bank said Friday.
Brazil's CVM Cancels Share Listing of Airline TAM After Merger
Brazil's securities and exchange regulator, CVM, canceled the share listing of Brazilian airline TAM S.A., following TAM's merger with Chile's LAN SA (LFL).
WSJ: Walgreen, Express Scripts End Rift; Lost Customers
Walgreen Co. (WAG) and pharmacy-benefit manager Express Scripts Holding Co. (ESRX) ended a seven-month impasse that forced millions of customers to go elsewhere to fill prescriptions.
Facebook, Wal-Mart to Discuss Ways to Further Relationship -Reuters
Facebook Inc. (FB) chief executive Mark Zuckerberg and his senior management team will meet with Wal-Mart Stores Inc. (WMT) executives this week to discuss bolstering their relationship, Reuters reported Thursday citing the companies.
Repsol Studies LNG Assets Sale, Gets EUR1 Billion In Financing Deals
Spanish oil company Repsol YPF SA (REPYY, REP.MC) said Thursday it is studying the possible sale of its liquefied natural gas assets in an effort to improve its financial position and its liquidity.
Brazil's Long Steel Maker Gerdau Appoints New CFO
Brazilian long steel maker Gerdau S.A (GGBR4.BR, GGB) announced Thursday afternoon the appointment of Andre Pires de Oliveira Dias as its new chief financial officer, starting January, 2013.