Hillshire Brands News
Pilgrim's Pride Offers to Pay $5.5 Billion for Hillshire Brands
The potential deal complicates Hillshire’s plan to buy Pinnacle Foods for $4.3 billion.
Rents Slashed in America's Tallest Building
Morning Money Memo: New York City’s giant World Trade Center is supposed to be a bold symbol of revival for Lower Manhattan in the years after the 9/11 attacks. But the owners of the building are slashing rents by nearly 10 percent because they can’t...
Mall Vacancies Rise as JC Penney, Sears Downsize
Morning Money Memo… More retail distress is having a big impact on many mall operators. Store closings by JC Penney, Sears, RadioShack and other struggling retailers may raise mall vacancy rates, making them less attractive places for shoppers. Nearly half of U.S. malls have Penney...
Biggest Losers: 9 Stocks Hammered in 2012
The New Year is almost here, and executives at some U.S. companies are glad 2012 is over. These are the firms that went off the rails, leading to large share-price losses. For this story, we looked at the nine biggest share-price losers among U.S.-based companies with market...