COMPANIES

Prego, Campbell Soup Co.

Campbell Soup Reports Income Fell 5% In 3Q Sending Shares Down

Campbell Soup Co. (NYSE: CPB) reported net income fell 5 percent to $177 million, or 55 cents a share, as revenue rose to $1.82 billion in its third quarter ended April 29. A decline in U.S. and international sales of its simple meals, a drop in global sales of its beverage products, a rise in the cost of ingredients and an increase in marketing spending were attributed to the 2-cent decline in EPS from the same quarter last year.

Lowe?s 1Q Profit Up, But Earnings Forecast Downgraded

Home improvement retailer Lowe's Companies Inc. (NYSE: LOW) reported a 14.4 percent increase in profit in the first quarter but downgraded its estimated earnings for the year on concerns over momentum in the U.S. housing market on Monday.
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A technician of computer microprocessors maker AMD poses for the media with a wafer at the chip plant in Dresden

ARM, Intel Battle Heats Up

Low-power processor maker ARM Holdings PLC (Nasdaq: ARMH) is stepping up the rhetoric against chip rival Intel Corp. (Nasdaq: INTC), saying it expects to take more of Intel's share in the notebook personal-computer market than Intel can take from it in the smartphone market.
Hand-Written Manuscript by Steve Jobs Up for Sale

Larger iPhone 5 May Have Been Jobs' Final Work

Apple Inc.'s refresh of its top-selling iPhone is likely to include a larger screen, reflecting the final wishes of Steve Jobs and putting it in a class of devices previously defined by rivals.
General Motors issued fourth-quarter results Thursday.

General Motors Won't Advertise During 2013 Super Bowl

The General Motors Co. (NYSE: GM), the largest U.S. automaker, said Friday it will not advertise during the broadcast of the 2013 Super Bowl as it shifts its advertising strategy, according to the Wall Street Journal.
ArcelorMittal Chief Financial Officer Aditya Mittal.

Steelmaker Nucor Buys Skyline For $605 Million

U.S. steelmaker Nucor Corp. (NYSE: NUE) said Friday it will buy Skyline Steel LLC and its subsidiaries from Luxembourg's mining and steel company ArcelorMittal (NYSE: MT) for $605 million.
A security guard walks past a logo of Alibaba (China) Technology Co. Ltd at its headquarters on the outskirts of Hangzhou

Yahoo Shares Bolt On Rumored China Sale

Shares of Yahoo Inc. (Nasdaq: YHOO), the No. 3 search engine, jumped as much as 6 percent in early trading Friday on a rumor it had finally made a deal to sell at least part of its 40-percent stake in China's Alibaba Group (Pink: ALBCF).
Facebook founder Mark Zuckerberg speaks to a crowd of reporters and students in his first return to Harvard since dropping out in 2004.

Facebook IPO: Watch Mark Zuckerberg Ring The Nasdaq Bell Live Online

The moment is finally here: Facebook, the world's most dominant social network with 900 million-plus users, is finally ready to make its Wall Street debut. Zuckerberg will ring the opening bell at 9:30 a.m. ET, but since he will be broadcasting from Facebook remotely, NASDAQ has provided a way to watch all the proceedings occur live.
Apple Patents Steering Wheel Remote Control For Safer 'Hands-Free' Driving

Apple Patents Steering Wheel Remote Control For Safer 'Hands-Free' Driving

Apple hopes to make all drivers safer with a new invention, which lets users wirelessly control the music playing in their car without ever taking their hands off the steering wheel. In a patent that was quietly granted on May 15, Apple describes a new remote control that can be clipped onto any car's steering wheel.
A logo of HP is seen outside Hewlett-Packard Belgian headquarters in Diegem, near Brussels, January 12, 2010

HP Could Fire 25,000 In Cost-Cutting Move

Shares of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, were largely unaffected by a report it would fire as many as 25,000 employees as part of cost-cutting measures.
Facebook CEO Mark Zuckerberg

Facebook IPO: How To Buy Stock Shares, But Why It's Okay If You Don't Succeed

One of the biggest and most anticipated IPOs of the year, quite possibly the decade, is ready to hit Wall Street tomorrow, but if you're thinking about buying shares, you're not alone. Not in the least. If you're looking to get a piece of the stock, we're here to help you. But be warned: It will not be easy.
Pinterest

Pinterest Funding Could Value Start-up At $1.5 Billion

Social networking site Pinterest has raised $100 million from a group of investors led by Japanese online retailing giant Rakuten Inc in a deal that reportedly values the three-year-old U.S. company at $1.5 billion.
Traffic signs leading the way toward the exit of the parking facility outside the headquarters of German car manufacturer Opel in Ruesselsheim

GM Picks UK for Opel/Vauxhall Astra Upgrade

General Motors Company (NYSE: GM) announced Thursday it will build its next generation Vauxhall/Open Astra cars at two factories in Ellesmere Port, UK and Gliwice, Poland, leaving the company's Bochum, Germany plant facing closure.
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Agilent Shares Gain After Dako Acquisition

Shares of Agilent Technologies (NYSE: A), the No. 1 U.S. instrument maker, surged on Thursday after the company announced it?s biggest acquisition, the $2.2 billion takeover of Denmark?s Dako.
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Samsung Shares Fall Further On Apple-Elpida Alliance Fears

Shares in South Korea's Samsung Electronics extended their heavy slide on Thursday, on speculation that arch rival Apple Inc is looking to cut its reliance on Samsung memory chips and turn increasingly to Japanese chipmaker Elpida.
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J.C. Penney Stock Suffers Worst Drop Ever, 20%

J.C. Penney Co Inc shares plunged nearly 20 percent on Wednesday, their worst decline ever, wiping away $1.43 billion in market value a day after the retailer shocked Wall Street with a much worse-than-expected drop in sales and by scrapping its dividend.
3. Warren Edward Buffett –United States

GM Shares Climb On News of Berkshire, Buffett Investment

Warren Buffett's investing powerhouse, Berkshire Hathaway Inc. (NYSE: BRK.B) took a 10 million share stake in General Motors Company (NYSE: GM) during the first quarter, an investment it disclosed Wednesday, delivering a 2.29 percent bump to car company's shares and a welcome dose of investor confidence.

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