| Feb 9, 2014
| 12:32 PM
The creator of Flappy Bird has removed the popular game from both the Apple App Store and Google Play.
Users who have already installed the game will be able to keep playing it, but it is not possible for new users to download the game, which was at the...
| Feb 10, 2014
| 7:29 AM
In a letter to Apple shareholders published on Monday, activist investor Carl Icahn announced he was dropping his shareholder proposal that would have asked Apple Inc. to buy back $50 billion of stock this year.
The move came after an influential...
| May 15, 2014
| 9:41 AM
When Ginni Rometty addresses restless shareholders today at IBM’s annual investor day, it will be with the practised air of someone used to handling the regular upheavals of the industry.
“This company reinvents itself every decade. It&...
| Jan 28, 2014
| 6:27 PM
Apple iTV? The iWatch? Bigger iPhones and iPads?
Rumormongering about such mythical products is a regular spectator sport for many Apple watchers.
But after the company said it could post a year-over-year decline in revenue this fiscal year for the...
| May 5, 2014
| 1:56 PM
Apple's stock broke the $600 barrier during late trading on Monday, the first time it has hit that mark since 2012.
Back then, Apple's stock was on a long tumble down from its peak of $702.10 that it reached in September 2012. At the time, investors...
| Apr 24, 2014
| 7:42 AM
Big earnings. Big stock buyback. Big stock bump.
On Thursday, investors cheered Apple's performance by sending its stock up by as much as 8.5% in early trading.
The stock climbed to $569.50 at one point early Thursday, up from $524.75 the previous...
| Dec 27, 2012
| 11:14 AM
Firearms maker Smith & Wesson Holding Corp. said it will buy back an additional $15 million of its stock as gun control talk swirls in the aftermath of the massacre at a Connecticut elementary school.
The company said it has already completed a $20-...
| Dec 28, 2012
| 7:53 PM
Usually by early December, investment professionals have mapped out their outlook for the next year.
But such forecasting has been made difficult by the "fiscal cliff" — the confluence of spending cuts and higher taxes that kick in automatically...
| Feb 1, 2013
| 3:54 PM
Legg Mason Inc. reported Friday a $453.9 million loss for the third quarter, following a previously announced $734 million writedown of certain assets.
On a per-share basis, the Baltimore-based money manager lost $3.45. For the corresponding quarter a...
| Feb 14, 2013
| 7:58 AM
Warren Buffett has been very publicly casting about for a big deal – and he's found one in the Heinz ketchup company.
Through his investment firm, Berkshire Hathaway, the famed investor is teaming up with a Brazilian private-equity firm to acquire...
| Aug 4, 2013
In his fresh effort to put the economy back at center stage in Washington, President Obama has issued a new challenge to congressional Republicans on the crucial issue of why the American middle class is hurting and which side can best lift average...