IBT Staff Reporter

152401-152430 (out of 154948)

Checkpoint Shares Jump on Strong Earnings

Retail security firm Checkpoint Systems, Inc. (NYSE: CKP) announced results for its fiscal fourth quarter on Friday, posting an earnings increase of 93 percent on higher volumes in its core business and foreign exchange.

Philips Electronics Considers Acquisitions

Philips Electronics (NYSE: PHG), the world's largest lighting maker, confirmed its stated financial targets on Thursday and also said it is reviewing a number of possible acquisitions.

Movado Shares Fall on Weak Outlook

Shares in luxury watch maker Movado Group, Inc. (NYSE: MOV)posted a steep decline on Thursday, after the company's profit exceeded expectations for the fourth quarter but lowered its earnings outlook for 2008.

UTi Tumbles on Missed Expectations

Shares in logistics firm UTi Worldwide Inc. (Nasdaq: UTIW) tumbled Thursday after the logistics firm reported that it’s earnings four the fiscal fourth quarter were short of expectations.

Paper: Microsoft May Buy DoubleClick

Software giant Microsoft Corp. (Nasdaq: MSFT) is reportedly in talks to buy online advertising firm, DoubleClick Inc., according to the Wall Street Journal.

Beazer Shares Slump on Federal Probe

Shares of Beazer Homes USA Inc. (NYSE: BZH) fell more than 9 percent on Wednesday, after the company announced it had the FBI began an investigation related to the firm's mortgage business.

Accenture Shares Rise on Stronger Outlook

Shares in technology consulting firm Accenture Ltd. rose on Wednesday (NYSE: ACN), one after the company posted strong second quarter the day before, beating estimates and raising its yearly outlook.

Stocks Drop on Bernanke Inflation Remark

Stocks slid further Wednesday after Federal Reserve Chairman Ben Bernanke appeared to chide investors who may have looked past concerns about inflation following Fed comments last week. The Dow Jones industrials fell more than 100 points.

Bernanke: Mortgage Woes Not Spreading

Federal Reserve Chairman Ben Bernanke told Congress on Wednesday that growing troubles in the market for risky mortgages thus far doesn't appear to be spreading to the overall economy but the situation bears close watching.

Big-Ticket Orders Rebound in February

Orders to factories for big-ticket manufactured goods rose modestly in February, helped by a rebound in sales of commercial aircraft and autos. Durable goods demand rose by 2.5 percent last month after having plummeted by 9.3 percent in January.

CBRL Shares Drop After Weaker Winter Sales

CBRL Group, Inc. shares were down significantly on Tuesday after it reported poor March sales due to bad winter weather at its Cracker Barrel Old Country Store restaurants and gift shops.

Regeneron Shares Rocket on Study Results

Shares of Regeneron Paharmaceuticals, Inc. (Nasdaq: REGN) soared Tusday after initial results of a study involving treatment to prevent a leading cause of age-related acquired blindness showed significant results.

Lennar Shares Dip After Profit Plunges

Shares of U.S. home builder Lennar Corp. (LEN) hit a 5 month low on Tuesday after the firm posted a 74 percent profit loss and gave a gloomy outlook this morning.

Alexza Shares Skyrocket on Drug Trial Results

Drug maker Alexza Pharmaceuticals, Inc. (Nasdaq:ALXA) said that two of its drugs for treating schizophrenic patients showed positive initial results in clinical trials, sending its shares skyrocketing.

Alcatel Lucent Shares Surge on Verizon Contract

Shares of Alcatel Lucent, the world's largest telecommunications equipment maker, surged Monday after the company was awarded a 3 year, $6 billion contract from Verizon, Inc. (NYSE: VZ) to expand the company's wireless networks.

Pages