Holiday shopping unlikely to cheer many investors Nov 27, 2015 12:31PM

By Noel Randewich

SAN FRANCISCO (Reuters) - The holiday shopping rush that kicked off on Friday is unlikely to bring much cheer to investors looking for a revival in retail stocks.

After months of uninspiring sales growth and recent disappointments from Macy's (NYSE: M) and Nordstrom (NYSE: JWN), shareholders of apparel sellers have had little to be thankful for and face a challenging holiday season.

Those stocks have... (continue reading...)

Halliburton refiles bid for EU approval of $35 billion Baker Hughes buy Nov 27, 2015 11:02AM

BRUSSELS - U.S. oil services provider Halliburton Co (NYSE: HAL) has refiled a request for EU antitrust approval of its $35 billion bid for smaller rival Baker Hughes (NYSE: BHI), four months after regulators rejected an earlier application because of insufficient data.

The European Commission will decide by Jan. 12 whether to clear the deal or open a full investigation, according to a filing on its website.

Halliburton has said it is... (continue reading...)

Microsoft's Gates to start multi-billion-dollar clean tech initiative Nov 27, 2015 10:37AM

By Valerie Volcovici and Emmanuel Jarry

NEW YORK/PARIS (Reuters) - Microsoft co-founder Bill Gates will launch a multi-billion-dollar clean energy research and development initiative with heads of state on Monday, the opening day of the U.N. climate change summit in Paris, the French government said Friday.

Gates and a group of developing and developed countries will launch the Clean Tech Initiative, in which countries will commit to doubling... (continue reading...)

Why Martin Shkreli ONLY Cares About KaloBios Pharma's (KBIO) Stock Price Nov 27, 2015 08:44AM

In a Bloomberg interview Wednesday, newly minted KaloBios Pharma (NASDAQ: KBIO) CEO Martin Shkreli said "I don't care about the stock price" when asked questions about it. This answer seems to directly contradict with his latest move announced on Thanksgiving to stop lending his KBIO shares.

Given that Shkreli's group controls 70% of the outstanding shares this is wreaking havoc in the already chaotic situation. Shorts, which were already being squeezed hard, are now... (continue reading...)

Chesapeake Energy's (CHK) Lawler Sees Low Nat Gas Prices as Biggest Problem for Company Nov 27, 2015 08:24AM

Chesapeake Energy Corp. (NYSE: CHK) CEO Doug Lawler gave his first in-depth interview since assuming the role of CEO two years ago.

While many assumed that Lawler had big boots to fill, the executive didn't see it that way, according to an interview with the WSJ. He thinks that filling someone else's shoes means taking the same path, but the CEO aimed instead to change the entire company.

Lawler took over as CEO following the ouster of founder Aubrey McClendon in... (continue reading...)

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