THQ Inc., the money-losing video- game maker, said it’s working with Wells Fargo & Co. to resolve a technical default on its $50 million credit facility.
THQ Inc., the money-losing video-game company, fell the most in 21 years after posting a second- quarter loss and announcing it hired Centerview Partners LLC to evaluate its options and raise cash.
Brean Murray Carret & Co. LLC, the New York-based investment bank and asset manager, has hired Scott Buchta as its head of fixed-income strategy as the company expands in bonds.
Wall Street is hedging its bets on Coach Inc. as the largest U.S. luxury handbag maker’s once- stellar growth falters.
NuVasive Inc. declined the most ever after the maker of orthopedic devices said third-quarter revenue was less than the company anticipated.
Four of the largest U.S. coal producers made $20 billion of acquisitions last year to reduce their dependence on the domestic power industry. Instead those deals have added to the companies’ pain.
Walter Energy Inc. may finally lure buyers willing to bet on a recovery in coal prices with the industry’s cheapest stock.
Cabot Oil & Gas Corp., 2011’s best- performer among the Standard & Poor’s 500, announced a stock split and dividend increase after more than doubling natural-gas production from the Marcellus Shale in a year.
Alpha Natural Resources Inc., the second-largest U.S. coal producer, lowered its metallurgical coal sales forecast for 2012 as steel output declined in Europe and slowed in China.
U.S. stocks rose, after yesterday’s drop in the Standard & Poor’s 500 Index, amid speculation the Federal Reserve will act to stimulate the economy.