Spinoffs and asset sales may benefit shareholders more than chasing growth in a frenzied health-care deals market.
No Flaws in Intel’s Earnings
The chip giant still faces concerns about security flaws in its chips, but strong results overshadow worries.
Bond Investors Take Ever More Risk—With Ever Less Protection
As junk-bond issuance has surged in Asia, the quality of investor-protecting bond covenants has plunged.
Activist Investors In It for the Long-Term—Just Kidding
Activist investors who broke up the $15 billion Clariant-Huntsman merger promised a long-term approach to creating value. Three months later, they’ve
GE Looks Ugly in Its Underwear
General Electric’s new transparency is welcome, but a focus on cash shows that the company is probably no bargain even after its swoon.
Economic Report: Mortgage rates surge to a 10-month high
Rates for home loans jumped as bonds sold off.