What to Watch This Week: Tools, Toons, Togs, Blogs and Staples by Rick Aristotle Munarriz May 20th 2013 12:08PM Netflix will show us some changes, and home improvement should show some improvement: Let's go over some items that will help shape the week that lies ahead on Wall Street.
Campbell's Profit Heats Up on Strong Soup Sales by The Associated Press May 20th 2013 9:58AM Campbell Soup reported third-quarter results that beat Wall Street expectations and raised its outlook for the year as sales in its struggling soup unit improved.
Suitors Circle Hulu; Yahoo Bets Big on Tumblr by DailyFinance Staff May 20th 2013 8:50AM The business week starts with potential buyers circling around Hulu, while Yahoo is making a big bet on social media.
Yahoo Approves $1.1B Deal for Tumblr by TechCrunch May 20th 2013 8:00AM Yahoo's rumored $1.1 billion cash acquisition deal for social blogging site Tumblr has been approved by the company's board of directors, the Wall Street Journal reports.
Apple CEO Wants to Repatriate Cash, at Lower Tax Rate by DailyFinance Staff May 17th 2013 11:45AM Apple pushes for a major tax change that it says will boost the U.S. economy: CEO Tim Cook plans to call on Congress next week to dramatically simplify corporate tax laws.
J.C. Penney's Latest Earnings Confirm Grim Warning by DailyFinance Staff May 17th 2013 9:00AM J.C. Penney had said its quarterly results would be weak. They were, and then some. The retailer posted a loss more than double the deficit of last year, and sales fell 16%.
Obama Picks OMB Chief to Run Embattled IRS by The Associated Press May 17th 2013 6:46AM President Obama picked a senior White House budget expert Thursday to become the acting head of the IRS, the same day another top official announced plans to leave the agency.
