The Swedish telecom company's dividend is at risk after third-quarter operating income slumped more than 90 percent. Industry peers are also exposed to falling demand for mobile network kit. But Ericsson has cut costs too slowly and embarked on misguided diversification.
The South Korean group's decision to scrap the Note 7 smartphone is a golden opportunity for Chinese rivals like Huawei and Lenovo to capture share in developed markets, while expanding into the premium segment. Execution will be key, and Huawei looks better prepared.
Management moves give more power to COO Tim Sloan and make him even better placed to succeed boss John Stumpf. It's not clear, however, why the man who was CFO and oversaw retail banking as the fake-accounts scandal unfolded should be CEO. Wells Fargo will have to make the case.
The tech giant shed $19 bln in value on reports of problems with replacement phones. The new setback will hurt more than the original recall of faulty devices. Scrapping the Note 7 entirely, as Samsung has now done, looks like the best way to protect the brand.
Paying $575 mln for a stake in Red Lobster, the U.S. seafood restaurant chain, is a big strategic leap for the owner of Chicken of the Sea tinned tuna. But a low valuation, plus a juicy coupon on convertible preferred shares, befits Thai Union's track record as a smart acquirer.
Last year's Paris accord just secured enough national signatories to put it into effect. The real battle, though, will be fought by cities, which account for 75 pct of emissions. Many have pledged to act. Success depends on overcoming bureaucracy, tight budgets and ignorance.
The idea that German companies might put capital into the country's biggest domestic lender sounds like poor financial sense. Yet as a way to avoid a politically toxic taxpayer bailout of Deutsche Bank, and protect corporates' interests, it has a certain logic.
Minority stake purchases still outweigh full-blown takeovers by private equity firms in Asia. A shift would help an industry flush with funds. But while recent data is encouraging, founders who want to sell and professionals who can run acquired firms are both in short supply.
The social network's stalled user and revenue growth is sending shareholders of Salesforce and other potential bidders running for cover. Meanwhile, Yahoo's email scans for U.S. authorities have rattled buyer Verizon. Plus: Is John Stumpf's time as Wells Fargo CEO nearing an end?
An era of cheap money makes it easy to oversimplify the former Fed chairman's record. Sebastian Mallaby's new book, however, revels in the complexities of Greenspan's intellect, instinct and ego. His runs in Washington circles and spirited personal life are the real surprises.