The Boeing Co. (NYSE:BA), the largest U.S. aerospace manufacturer, is expected to have higher revenue in the second quarter but lower earnings per share as profit from commercial airplanes is dampened by cuts in military spending and pension expenses.
Target Corporation (NYSE: TGT) announced Monday it was expanding its grocery store strategy to an additional 30 outlets, including ones in Nashville, Tenn., Cincinnati, Ohio, and Jacksonville, Fla.
McDonald's Corporation (NYSE: MCD), the world's largest restaurant chain, reported a 4.5 percent drop in second-quarter profit hurt by a stronger dollar and weaker global demand.
China's giant oil and gas conglomerate Cnooc Ltd. said Monday it will pay $15.1 billion in cash for Canadian oil and gas company Nexen Incorporated (NYSE: NXY), among whose assets are large oil sands and shale gas properties.
Internet users and investors were heartened last week when Yahoo (Nasdaq: YHOO), elected Marissa Mayer, 37, as its third CEO in less than a year. A hedge fund gets part of the credit but not all hedge funds score as well in the tech sector: how about Eastman Kodak (Pink: EKDKQ)?
Sesame Street, created in 1969, could have declined to embrace social media with the rise of the Internet. But successors of the program's founders have mastered social media to capture a new generation of fans and hold on to existing devotees.
The top after-market NYSE gainers Friday were Talbots, Brady Corp, MGM Resorts International, Banco Santander and Accretive Health. The top after-market NYSE losers were B&G Foods, United Microelectronics, WPX Energy, Pengrowth Energy and Strategic Hotels & Resorts.
The Tokyo-based e-commerce giant Rakuten introduced its Kobo Touch e-reader in Japan on Thursday, and early reports suggest that the device is already a hit.
Next week's barrage of earnings releases offers further guidance on the health of U.S. companies.
The number of subprime loans for automobiles has increased this year as lending standards have loosened, boosting automakers' revenues but also creating fears of another financial bubble.
Next week's barrage of earnings releases offers further guidance on the health of U.S. companies.
The Federal Reserve Bank of New York is proposing that money market managers be empowered to hold back depositors' money for 30 days in the event of a run on funds. The controversial proposal is being called by critics a kind of capital control.
Two months after the trading fiasco in the initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, tech IPOs are soaring again. Palo Alto Networks (Nasdaq: PANW) and Kayak Software (Nasdaq: KYAK) shares soared in their IPOs.
Investors seem to be disregarding the parade better-than-expected profit figures from major financial institutions this earnings season, instead using top-of-the-line revenue and return on equity numbers to guide their investment decisions.
The global slowdown may trim net income for Xerox Corp. (NYSE: XRX), the No. 1 provider of business printers and services. CEO Ursula Burns shaved her full-year forecast to a range between $1.07 and $1.12 a share from the previous $1.18.
General Electric Company (NYSE: GE), the largest U.S. conglomerate, said Friday its second-quarter continuing earnings rose 7 percent as strong U.S. demand for energy related equipment offset falling European demand and the effect of a strong dollar.
The relationship between Microsoft's Turn 10 studios and Meguiar's car care has proven to be a beneficial symbiosis for seemingly strange bedfellows in radically different industries.
Chances are second-quarter results from Xerox Corp., the No. 1 copier maker that’s moved increasingly into services, will be a disappointment, keeping in line with the general technology sector.
The top after-market NYSE gainers Thursday were Gramercy Capital, SunCoke Energy, Calix, Swift Transportation and MGIC Investment. The top after-market NYSE losers were Chipotle Mexican Grill, Freescale Semiconductor, Pep Boys-Manny, Advanced Micro Devices and WESCO International.
Georgia Gulf Corp. (NYSE: GGC) shares soared after announcing a deal Thursday to acquire reached a deal to acquire PPG Industries Inc.'s (NYSE: PPG) commodity chemicals unit for $1.9 billion in cash and shares.
Standard & Poor's (S&P) Capital IQ equity analyst Todd Rosenbluth changed his rating on Verizon Communications (NYSE: VZ), from Hold to Strong Sell after the $128.4 billion-cap mobile service carrier posted its second-quarter earnings Thursday morning.
After activist investor Bill Ackman of Pershing Square Capital Management said he expects to make 15 to 20 times his investment in beleaguered Plano, Texas-based retail giant J.C. Penney Company, Inc. (NYSE:JCP), stock in the company hit a ten day high.
