Supervalu Inc's (SVU.N) quarterly profit topped Wall Streets expectations despite sagging sales as the third-biggest U.S. supermarket chain trimmed expenses in a drive to catch up to rivals.
Swiss banking giant Credit Suisse may slash up to 2,000 jobs to reduce costs, according to a Swiss newspaper.
China's Sinohydro Group Ltd, the builder of the Three Gorges dam, plans to raise more than $2.5 billion in what could be mainland China's biggest initial public offering this year.
Japanese Finance Minister Yoshihiko Noda kept up his warning to markets against pushing up the yen too much, saying that he was aware of demands from the business sector for authorities to act against yen rises that hurt the export-reliant economy.
Express Scripts, Inc. (NASDAQ:ESRX) said it agreed to buy Medco Health Solutions, Inc. (NYSE:MHS) for $29.1 billion cash and stock deal that would see Express Scripts becoming the largest pharmacy-benefits manager in the U.S.
China's Baidu is to partner with Microsoft for English-language search, giving the U.S. software giant a chance to expand its tiny Web presence in a market Google has stepped back from, and helping the Chinese company's international ambitions.
Coca-Cola company announces price increase.
It is more or less sure that Apple may be launching its next version of iPhone - dubbed as iPhone 5 - in late September or October to capitalize on holiday demand.
The top after-market NYSE gainers on Monday are: TAL Education Group, BPZ Resources, Xueda Education, CONSOL Energy and Penn West Petroleum. The top after-market NYSE losers are: Hypercom, K-V Pharmaceutical, iSoftStone Holdings, China Ming Yang Wind Power Group and Kinder Morgan Energy Partners.
The companies whose shares are moving in pre-market trade on Monday are: Sealed Air Corp, Petrohawk Energy Corp, Titanium Metals, Yahoo, Scotts Miracle-Gro, Lloyds Banking, WellPoint, Wells Fargo, Lowes Companies, CIGNA and Coventry Health Care.
Showing its upcoming flagship operating system -- dubbed Windows 8 -- Microsoft is packing new features and a sleek as it prepares to encroach into the Apple dominated tablet space.
Microsoft showed off its next flagship operating system, dubbed Windows 8, at various venues this week, promising to usher the company into the world of touch, reviving revenues along the way.
Ofer Brother Group, an Israeli family shipping business and the country’s one of the most powerful corporations, has been blamed for business deals with Iran.
Groupon has become the next big social company to file for an IPO, following in LinkedIn's footsteps.
The companies whose shares are moving in pre-market trade on Monday are: Sequans Communications, Krispy Kreme Doughnuts , AK Steel Holding, Valero Energy Corp, Sony Corp, Carnival Corp, Hess Corp, Freeport-McMoRan, Deere & Co and Halliburton Co.
Credit Suisse have addressed five recurring concerns troubling the investors of Apple.
Microsoft CEO Steve Ballmer and Skype CEO Tony Bates jointly announced on Tuesday that the two companies have entered into a deal under which Microsoft will acquire Skype for $8.5 billion. Apart from creating value and emerging as a strategically important player in the voice and chat connectivity segment of the exploding web business, Skype also won real big time suitors like Microsoft, Google and Facebook. Perhaps the rivals' attempt to outbid each other and own Skype resulted in the Estoni...
Microsoft turned the tables on long-time Skype wooers Google and Facebook to reportedly land an $8.5 billion deal to buy the popular Voice over Internet Protocol service. The following are some key facts about Skype:
The companies whose shares are moving in pre-market trade on Wednesday are: Ralcorp Holdings, CBS, AOL, Teradyne, Comcast, Applied Materials, Sanofi-Aventis, Las Vegas Sands, JinkoSolar Holding, MGM Resorts and McKesson Corp.
Shares of Intuit Inc. (NASDAQ: INTU) touched a new life-time high of $56.27 on Wednesday. The company said it will commit to investing $37 million in products and services to promote high-growth entrepreneurship across the country in partnership with President Barack Obama’s Startup America campaign.
Level 3 Communications said it agreed to acquire Global Crossing for about $1.9 billion stock deal to boost its service portfolio.
Shares of Bed Bath & Beyond, Inc. (NASDAQ: BBBY) touched a new life-time high of $55.17 on Thursday. The company reported a 25 percent growth in fourth quarter earnings, which came in ahead of its expectations as well as Street view.