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Wind turbine maker's shares plunge 19%

Vestas, the world leader in the wind turbine industry, saw its share price plummet around 19 percent at the opening Wednesday, a day after issuing a profit warning.

Share buybacks: good, bad or ugly?

Share buybacks are all the rage among the world's companies, to the delight of many shareholders but not of critics who say they are lazy, short-sighted and mostly designed to enrich corporate fat cats.

Google chairman to sell $2.5 bn of shares

Google's Chairman Eric Schmidt plans to sell 3.2 million "A" shares, currently worth $2.5 billion, over the next year, Google said Friday in a filing with the Securities and Exchange Commission.

Sprint Nextel to buy Virgin Mobile USA

(AP) -- Sprint Nextel Corp. is intensifying its focus on the fast-growing market for prepaid cell phone service with a $483 million deal to buy Virgin Mobile USA Inc.

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