James Hardie expects weak U.S., Australian housing

May 21, 2012
--James Hardie expects weak US, Australian housing markets --US market improvement inhibited by many factors --Australian unlikely to improve over next 12 months despite rate cuts (Adds comments by chief executive) Weak conditions in the U.S. and Australian housing markets will constrain earnings growth over the coming year, James Hardie Industries SE JHX.AU Chief Executive Louis Gries said Monday.

Perks Remain for CEOs

May 21, 2012
As shareholders scrutinize links between executive pay and corporate performance, many companies continue to quietly shower chief executives with benefits such as corporate-jet use, event tickets and chauffeurs.

Google wins China clearance For Motorola deal

May 20, 2012
(Adds background from the fifth paragraph onwards.) SAN FRANCISCO -(MarketWatch)- Google Inc. GOOG said Saturday Chinese antitrust authorities have cleared the Internet giant's purchase of Motorola Mobility Holdings Inc. MMI, pushing the $12.5 billion deal over its last regulatory hurdle. Google, a Silicon Valley giant that built its business on Web services, stunned the tech industry last August with its announcement it would buy Motorola, a much older, Illinois-based company that specializes in mobile devices and other hardware.

Market Snapshot: Dow, S&P drop for 3rd straight week

May 18, 2012
U.S. stocks chalk up another weekly loss following Facebook Inc.’s less-than-hyped debut on Wall Street Friday and amid concerns about global growth and Greece’s potential exit from the euro.

Market Extra: Brown Shoe, Foot Locker shine in lower markets

May 18, 2012
Helped by industrywide demand for lightweight shoes and footwear in bright hues from coral to turquoise, Famous Footwear chain parent Brown Shoe Co. and athletic-gear retailer Foot Locker Inc. both surged after each reporting first-quarter upsides.