Latest Wall Street Stories

Fox International Channels (FIC) and The Wall Street Journal Digital Network today announced an agreement to jointly promote and sell The Wall Street Journal Americas, wsj.com's Spanish and Portuguese-language online section focusing on Latin America. The Wall Street Journal Americas can be found via a new dedicated URL, www.wsjamericas.com. Under the agreement, FIC's television and online properties in Latin America will promote The Wall Street Journal Americas online section to...

Yahoo!'s second-quarter financial results did little to bolster the case for why the company should remain independent. Executives of the widely used Internet portal reported July on 22 that profits fell 19%, to $131 million, in the three months ended in June, in large part because of spending cutbacks by online marketers in the face of a weakening U.S. economy. "We continue to see softness in finance, travel, and retail [advertising] -- all areas impacted by recent economic...

As Deutsche Bank closes its film financing unit and walks away from a $450m investment in Paramount, Wall Street is wondering whether movies have lost their magic.Business Analysis Think of it as the same sort of alchemy that briefly turned sub- prime mortgages into investment grade bonds (before they turned back again into the financial equivalent of toxic waste). Those oversize brains inside Wall Street's top investment banks, hedge funds and private equity firms have, for the past half-...

By Jason GertzenFifteen months after one major merger created Sprint Nextel Corp., Wall Street investment banks are playing mix and match over the prospects of another megadeal. This time, however, Sprint is more likely to be the seller than the buyer. In a 44-page report titled "Deal or No Deal?" released Friday, Citigroup analysts speculated that Comcast Corp., the nation's largest cable company, was likely to go shopping soon for a wireless business. Moreover, Citigroup considers...