Articles By Samuel Weigley

From Companies Feb 21, 2012

Vivendi's Universal Music Group Seeks EU Approval for EMI's Music Business

Media conglomerate Vivendi, the Paris-based parent of Universal Music Group, officially sought approval from the European Union to purchase London-based EMI Group's recorded-music business, the European Commission announced Monday on its website.

From Commodities Feb 18, 2012

Gold Fields Earnings up on Higher Gold Prices, Cost Cuts

The Johannesburg-based company earned $336 million or 47 cents a share in the fourth quarter, up 27 percent from the prior quarter. The company earned $973 million in 2011, compared with $153 million in 2010.

From Global Markets Feb 18, 2012

Italian Police Seize $6T in Counterfeit U.S. Treasury Bonds

The bonds were found in the compartments of three different safety deposit boxes located in Zurich.

From Companies Feb 17, 2012

AT&T, Sprint, T-Mobile Sued by Intellectual Ventures

The lawsuit, filed in the U.S. District Court of Delaware, accused each company of violating 15 different patents related to wireless network services, both individually and through interoperability agreements among the wireless carriers.

From Economy Feb 17, 2012

U.S. Stocks Gain After Jobs, Housing Reports

The Dow Jones Industrial Average rose 0.76 percent to 12,884.75 by early afternoon trading, while the Nasdaq rose 1.01 percent to 2,945.17. The S&P 500 rose 0.83 percent to 1,354.37.

From Companies Feb 17, 2012

Apple iPhone, Mac to Converge with New Laptop

Chief Executive Officer Tim Cook told the Wall Street Journal that the Cupertino, Calif.-based company's new Macintosh operating system, dubbed the "Mountain Lion", will use several different features from the iPhone.

From Politics & Policy Feb 16, 2012

SEC: AT&T, Sprint, Verizon Must Allow Shareholder Votes on Net Neutrality

The companies argue that the shareholder votes would meddle into routine company business.

From Companies Feb 16, 2012

FCC Nixes LightSquared Wireless Network Plan

LightSquared, a closely held firm based in Reston, Va., had invested $4 billion in airwaves in order to offer wireless Internet service at higher speeds to as many as 260 million customers. The company received conditional approval from the FCC in early 2011.

From Companies Feb 15, 2012

Sprint to Exclude iPhone Effects in Executive Compensation

The effects of a network-sharing deal with LightSquared are also excluded, Sprint said in an SEC filing.

From Companies Feb 15, 2012

Xstrata to Sell 20% Stake in Wandoan Coal Project

Xstrata PLC is looking to sell 20 percent of its proposed A$6 billion (US$6.4 billion) Wandoan Coal Project, to take place west of the Wandoan township in Queensland, Australia.