| May 27, 2014
| 3:28 PM
The parent of Farmington Bank is boosting its dividend on common shares, after the bank recorded higher quarterly profits.
First Connecticut Bancorp Inc. announced Tuesday its board of directors voted to increase the quarterly dividend per share by a...
| May 20, 2014
| 7:52 PM
Tribune Co. said Tuesday that its net income fell 30% in the first quarter, as gains in broadcast revenue were offset by double-digit publishing declines and higher expenses.
Net income was $41.1 million, or 41 cents a share, compared with $58.4...
| Feb 25, 2014
| 8:33 AM
JPMorgan Chase & Co. announced plans Tuesday to cut 8,000 positions, more than previously forecast, as fewer Americans refinance their mortgages because of rising interest rates.
The cuts will hit its mortgage and retail banking businesses, according to...
| Feb 25, 2014
| 1:37 PM
DreamWorks Animation took a $13.5-million charge on its animated movie "Turbo," which misfired at the box office this summer.
The Glendale-based studio on Tuesday said the charge represented a loss of $0.12 cents of earnings per share in the fourth...
| Feb 26, 2014
| 7:33 AM
The holiday season was never going to be easy for Target Corp. as it tried to lift foot traffic and keep up with competitors’ discounts.
But it was the vast data breach at the Minneapolis retailer in the heat of Christmas shopping season that...
| Feb 27, 2014
| 12:09 PM
Lego: Everything is awesome for toy brick company Lego, which said Thursday that its global sales rose 10% last year even as the global toy market suffered a slight revenue slide.
The Danish company, whose star turn in “The Lego Movie” has...
| Feb 20, 2014
| 7:57 AM
If Wal-Mart Stores Inc.'s fiscal fourth-quarter earnings were any indication, the economy could use some shaping up.
The Bentonville, Ark., giant, the largest retailer in the world, said its profit for the three-month period ended Jan. 31, plunged 21%...
| Feb 20, 2014
| 2:16 PM
Hewlett-Packard reported first-quarter earnings Thursday that beat analysts' expectations even as the company reported another decline in revenue.
HP said revenue for the first quarter ending in January was $28.2 billion, down from $28.4 billion, or...
| Feb 21, 2014
| 2:37 PM
If you didn't think Facebook was overvalued before--and there were plenty of investors who had convinced themselves it wasn't--it's hard to avoid that conclusion now.
The "tell" is Facebook's purchase of WhatsApp, a mobile messaging company with a...
| Feb 3, 2014
| 9:45 AM
SAN FRANCISCO -- No pressure, Twitter.
Fair or not, Facebook’s blockbuster earnings last week has investors anticipating very good things from its social networking rival.
Twitter on Wednesday will report its first quarterly results as a...
| Feb 4, 2014
| 8:22 AM
It may be that some minimum wage earners would be harmed by an increase in the minimum wage because they would lose their jobs. But what about those who keep their jobs?
A more surprising result is this: Some minimum wage earners who keep their jobs...