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.
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.
Facebook Inc will increase the size of its initial public offering by 25 percent to raise about $15 billion, a source familiar with the matter said, as strong investor demand for a share of the No.1 social network trumped ongoing debate about the company's long-term potential to make money.
Apple Inc. (NASDAQ: AAPL) and its primary iPad and iPhone supplier, Foxconn Technology Company Ltd. (Taipei: 2354), will share the costs of improving labor conditions inChinese factories, Foxconn CEO Terry Gou said.
Every new 2013 Cadillac XTS will come with an Apple Incorporated (NASDAQ: AAPL) iPad with a suite of customer education apps pre-loaded to teach new owners about the car's Cadillac User Experience (CUE), General Motors Company (NYSE: GM) announced on Wednesday.
According to recent report cited in DigiTimes, Apple is going to launch a new MacBook Air sometime around the third quarter of this year. Further, the report has suggested that the new Air would be priced by the company at a price as low as $799.
In a move to stay true to the 1960s, Mad Men creator Matthew Weiner paid $250,000 in licensing fees to use the Beatles' Tomorrow Never Knows in last Sunday's episode of Mad Men.
U.S. stock index futures pointed to a steady open on Wall Street on Monday, with futures for the Nasdaq 100, the S&P 500 and the Dow Jones staying flat.
Apple Inc. has developed a knack for sidestepping federal income-tax obligations through an intricate paper shuffle and a smattering of subsidiaries around the world. But its tactics fall far short of the nuanced approach taken by 26 companies that paid zero dollars in federal taxes over the last four years.
Stocks rose modestly on Friday, putting equities on track for a fourth day of gains as more strong earnings partially offset a weaker-than-expected reading on economic growth.
Stocks edged higher on Friday, again driven by strong corporate earnings that partially offset a weaker-than-expected reading on economic growth, extending three days of gains.
Stocks were on track for a fourth day of gains on Friday, with Amazon the latest company to extend an earnings-driven rally that has erased most of April's losses and left investors eyeing a return to a new recovery high.
Stocks advanced in choppy trade on Thursday as another batch of positive earnings and a strong housing report put equities on track for a third straight day of gains.
Exxon Mobil Corporation (NYSE: XOM) will increase its quarterly dividend 21 percent to become the largest corporate dividend payer, according to Standard & Poor's on Wednesday.
Strong first-quarter earnings and a slightly more positive view of the U.S. economy by the central bank offset disappointing durable goods numbers for March to boost equities and trim bonds.
The companies whose shares are moving in pre-market trade Wednesday are: Apple Inc, Arm Holdings, Broadcom Corp, Sprint Nextel, Eli Lilly, Amgen Inc, Harley-Davidson, Baidu Inc, ABB Ltd and FMC Technologies.
Asian stock markets ended mixed Wednesday as market participants awaited the Fed meeting outcome for any hint at monetary easing.
Futures on major US stock indices point to higher opening on Wednesday ahead of the US Federal Reserve?s meeting and durable goods order data.
Asian stock markets advanced Wednesday as signs of an improvement in the US housing market and better-than-expected quarterly earnings from corporate majors buoyed sentiment.
European and U.S. stocks rose Tuesday as a negative sentiment the day before gave way to an upbeat, risk-on sentiment, despite weak economic news from the United States.
Stocks rose on Tuesday after strong earnings from big manufacturers and AT&T, but gains were capped on Nasdaq ahead of results from Apple and after a downbeat forecast from Netflix.
Stock index futures crept higher on Tuesday after sharp market losses in the previous session but continued concerns about Europe's debt crisis could mean gains will be slight.
