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Stimulus fears haunt share markets, dollar recovers
ReutersNEW YORK (Reuters) - Global equity markets slipped on Friday over worries the U.S. Federal Reserve may curb a stimulus program that has lifted stocks, while the dollar recovered against the euro after better-than-expected U.S. durable goods data for...Tags: Norfolk (Norfolk, Virginia), New York Weather, National Australia Bank Limited, Stock Market, Market and Exchange
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Gap profit soars; Aeropostale first quarter sales plummet
Reuters(Reuters) - Gap Inc reported a higher first-quarter profit on Thursday, helped by a rise in same-store sales at its Old Navy and namesake chains, and growth in Asia. Gap has staged a comeback in the last few years, offering hipper fashions that have...Tags: Gap Inc., Aeropostale Inc., Old Navy, Thomson Corporation
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Marvell forecast beats estimates; shares rise
Reuters(Reuters) - Chipmaker Marvell Technology Group Ltd forecast current-quarter revenue above analysts' expectations and reported first-quarter results that beat estimates on high demand for its storage and networking chips. Marvell's shares rose almost 9...Tags: Seagate Technology Holdings, Western Digital Corporation, Marvell Technology Group Limited, Thomson Corporation, Toshiba Corporation
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Infoblox profit forecast beats estimates, shares rise
Reuters(Reuters) - Infoblox Inc reported a better-than-expected quarterly profit on higher demand for its network automation products and forecast current-quarter earnings above analysts' estimates. Shares of the Santa Clara, California-based company rose 15...Tags: Human Mishaps, Verizon Communications, Economy, Business and Finance, Companies and Corporations, Alcatel SA
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Wet spring, weak construction drag Titan Machinery to loss
Reuters(Reuters) - Farm equipment retailer Titan Machinery Inc said it expects to report a quarterly loss as demand was hit by a wet spring weather in the United States that delayed corn plantations, sending its shares down 12 percent in extended trade. Titan...Tags: House Building, Economy, Business and Finance, Companies and Corporations, Machine Manufacturing, Weather Reports
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Lionsgate Stock Roars On Upgrade
VarietyLionsgate stock keeps roaring, setting another all-time high thanks to more Wall Street bullishness over its TV business and its young-adult franchises, such as "The Hunger Games." The stock jumped 4% on Thursday, rising $1.11 to $27.66. The stock has...Tags: Netflix Inc., Management (movie), Jennifer Lawrence, Shailene Woodley, Ender's Game (movie)
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Sears losses mount, weighs sale of unit to shore up liquidity
Reuters(Reuters) - U.S. retailer Sears Holdings cast bigger doubts on the progress of its turnaround after reporting a bigger-than-expected quarterly loss, hurt by cooler spring weather. Shares of the company, which also said it was considering selling its...Tags: Companies and Corporations, Mutual Funds, Kmart, Weather Reports, Weather
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Salesforce.com's quarterly results disappoint Wall Street
Reuters(Reuters) - Salesforce.com Inc's quarterly earnings and outlook disappointed investors as costs rise following a spree of acquisitions, sending its shares lower. Under Marc Benioff, Salesforce's CEO and founder, the company's fast revenue growth has made...Tags: Economy, Business and Finance, Media Industry, Earnings, Companies and Corporations, Microsoft Corporation
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HP raises 2013 outlook as Whitman's plan takes hold
ReutersSAN FRANCISCO (Reuters) - Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services. While...Tags: Companies and Corporations, IBM, Stock Market, Carl Icahn, Computing and Information Technology Industry
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Ralph Lauren profit higher, sees fiscal year revenues rising
ReutersMay 23 (Reuters) - Ralph Lauren Corp on Thursday reported a higher quarterly profit, helped by a jump in sales at its own stores and lower cotton costs. The fashion company said net revenue, including licensing revenue, in the fourth quarter ended...Tags: Ralph Lauren
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Tesco will not pay executive bonuses without rise in profits
ReutersLONDON (Reuters) - Tesco executives will not receive a bonus in the current financial year unless they can reverse a decline in profits at Britain's biggest supermarket operator, the company said in its annual report on Thursday. The report rounds off...Tags: Corporate Performance, Prices, Tesco plc, United Kingdom
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UnitedHealth, Aetna and Cigna opt out of California insurance exchange
Some prominent health insurers, including industry giant UnitedHealth Group Inc., are not participating in California's new state-run health insurance market, possibly limiting the number of choices for millions of consumers. UnitedHealth, the nation'...
Tags: Medicaid, Insurance, Companies and Corporations, Healthcare Provider, Healthcare Policies
May 24, 2013
|Story| Reuters
May 23, 2013
|Story| Reuters
May 23, 2013
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May 23, 2013
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May 23, 2013
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May 23, 2013
|Story| Tribune Media Services
May 23, 2013
|Story| Reuters
May 23, 2013
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May 23, 2013
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May 23, 2013
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May 23, 2013
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May 22, 2013
|Story| Los Angeles Times
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