AT&T Inc. (NYSE:T), the No. 1 telecommunications carrier, reported first-quarter earnings and revenue rose solidly, ahead of estimates, as smartphone customers spent more time on the network.
Texas Instruments (Nasdaq: TXN), the No. 1 maker of communications chips, reported first-quarter net income dipped a worse-than-expected 60 percent but said revenue was better than predicted.
Mexico’s specialty retailer and financial services provider Grupo Elektra SA (BMV: ELEKTRA) announced Monday it has completed the $780-million acquisition of Spartanburg, S.C.-based payday lender Advance America, Cash Advance Centers, Inc. (NYSE: AEA).
The world's largest airline is looking to expand its fleet of narrow-body jets, and has dropped European planemaker Airbus from pre-order talks.
The Boeing Company (NYSE: BA), the largest U.S. airplane and defense manufacturer, is expected to report higher first quarter earnings as the sale of more high-profit aircraft types offsets rising pension costs.
Facebook, the No. 1 social network, said it will pay Microsoft (Nasdaq: MSFT), the world's biggest software company as well as Facebook investor, $550 million for part of a 990-patent trove acquired from AOL (NYSE: AOL).
The sinking of Wal-Mart's stock after the Mexican Bribery Scandal, cost the retail powerhouse $4.5 Billion. The loss comes after its investors watched as the companies Mexican subsidiary tried to cover up accusations of corruption in their growth practices.
The conservative American Legislative Exchange Council (ALEC), which receives funds from 140 U.S. companies, is breaking federal tax laws, Common Cause charged.
Mergers and acquisitions are proliferating globally as low interest rates, large cash piles and depressed asset prices create opportunities for expanding market share and restructuring.
MetLife Inc. (NYSE:MET), the largest life insurer in the U.S., will pay $500 million to settle a multi-state investigation after regulators reviewed whether companies were holding funds that should go to beneficiaries, according to media reports.
Shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, fell again Monday, a day before reporting second-quarter financial results that are expected to be sharply higher than a year ago.
General Motors Co. will open 600 Chinese dealerships this year, chairman and CEO Dan Akerson said Monday.
Shares of Texas Instruments (Nasdaq: TXN), the No. 1 maker of communications chips, fell 1 percent in Monday trading, ahead of the first-quarter results announcement scheduled after the close.
China factory activates slumped for the sixth consecutive month, albeit at a slower pace, data released by HSBC showed.
The new investor bywords are “big data.” Initial public offerings last week for both Splunk (Nasdaq: SPLK) and Proofpoint (Nasdaq: PFPT) were smash hits because of it. Big companies like IBM (NYSE: IBM) may be the biggest beneficiaries.
Bill Ackman and Sam Zell spoke Thursday at the NYU Shack Institute's annual REIT conference.
The EPA's final verdict is that private water sources in the town of Dimock, to the northeast of the state, do not show levels of contaminants that warrant further concern.
Kimberly-Clark Corp. (NYSE: KMB), which makes Scott brand tissues, reported on Friday an increase in revenue and profits in its first quarter as cost-cutting and a boost in overseas sales made up for slow growth in the domestic market.
Upbeat economic reports from Britain and Germany combined with surprisingly strong first-quarter earnings reports in the U.S. to foster a risk-on sentiment that lifted stocks and commodities while weighing on safe-haven investments.
Earnings season is in full swing, and about 80 percent of the companies that have already reported topped estimates. We ran a screen and produced a list of 50 key companies set to report their earnings between April 23 and 27.
Unions representing more than 50,000 workers at bankrupt American Airlines said Friday they signed a conditional labor agreement with U.S. Airways (NYSE: LCC) and are supporting that carrier's bid to take over their ailing employer.
Shares of security software specialist Proofpoint (Nasdaq: PFPT) jumped as much as 31 percent in the first few minutes of trading after their initial public offering.