GM Invests in Lightweight-Steel Maker
To improve the fuel economy of its future cars and trucks, the automaker is investing in a company that has designed a new type of lightweight, high-strength steel.
HCA's Earnings Climb, But Inquiries Pressure Shares
HCA Holdings Inc. (HCA) announced Monday a surge in second-quarter earnings amid stronger patient volumes, but the hospital operator also disclosed a couple of inquiries involving heart-procedure practices and other issues that raised concerns and weighed on its stock price.
Morrison Supermarkets Buys 0.55 Million Own Shares to Cancel
Wm Morrison Supermarkets PLC (MRW.LN), an operator of supermarket chains, said Monday it purchased through Jefferies International Ltd 550,000 ordinary shares at an average price of 277.853 pence per share, adding that these shares will be cancelled.
Time Warner's Turner Buys Bleacher Report
Time Warner Inc.'s (TWX) Turner Broadcasting division has acquired The Bleacher Report in an effort to ramp up its online sports news content, the company said Monday.