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Stock Market

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Top Stock Market Articles

Displaying items 45-55
  • Abbott beats 2Q profit forecast

    Abbott Laboratories Inc reported better-than-expected quarterly earnings on Wednesday as demand for its recently-recalled infant formulas began to recover and profit margins improved for other business segments. Sales of nutritional products, the...
  • Tribune Publishing, parent of Daily Press, confirms Aug. 4 spinoff

    Tribune Publishing, parent of Daily Press, confirms Aug. 4 spinoff
    Tribune Publishing will spin off from Tribune Co. on Aug. 4, the new publishing company confirmed Tuesday. Tribune Publishing has applied to have its common stock listed on the New York Stock Exchange under the symbol "TPUB" and expects to begin regular...
  • Time Warner stock surges after rebuffed Fox offer

    Shares of Time Warner Inc. surged Wednesday after Rupert Murdoch's 21st Century Fox said it had tried to buy the company in a deal valued at $80 billion. Time Warner's board rejected the overture, but the offer drove Time Warner stock up 16% to $82.53...
  • Pilot's parent company set for spinoff

    CHICAGO — Tribune Publishing, which owns the Daily Pilot, will spin off from Tribune Co. on Aug. 4, the new publishing company confirmed Tuesday. Tribune Publishing has applied to have its common stock listed on the New York Stock Exchange under...
  • Webster Financial Posts Higher Quarterly Profits

    The Waterbury-based parent of Webster Bank posted higher second-quarter profits Thursday, with strong loan growth, especially among business borrowers. Webster Financial Corp. said net income for the quarter ended June 30 was $45.2 million, or 50 cents a...
  • Tribune newspapers worth $635 million, analyst says

    Tribune newspapers worth $635 million, analyst says
    With Tribune Publishing set to spin off from Tribune Co. on Aug. 4, analysts have begun weighing in as to what the stand-alone, publicly traded newspaper company may be worth. In a report issued Thursday by CRT Capital Group, analyst Lance Vitanza pegged...
  • Tribune Newspapers, To Begin Trading Aug. 4, Worth $635M, Analyst Says

    With Tribune Publishing set to spin off from Tribune Co. on Aug. 4, analysts have begun weighing in on what the stand-alone, publicly traded newspaper company is worth. In a report issued last week by CRT Capital Group, analyst Lance Vitanza estimated...
  • MixRadio, a music streaming service, to spin off from Microsoft

    Microsoft’s downsizing could spawn a larger competitor in the crowded field of music streaming apps. MixRadio, part of Microsoft’s Nokia division, is available through a website and as an app built exclusively for Microsoft Windows devices....
  • Fund managers unconvinced by Apple rebound

    NEW YORK/SAN FRANCISCO (Reuters) - Apple, once a can't-miss stock, is finding it tough to persuade portfolio managers to come back into the fold. The company's shares are up 17 percent for the year, nearly three times the performance of the benchmark...
  • Accretive Health's new CEO says top job is financial restatement

    Accretive Health's new CEO says top job is financial restatement
    On his first day on the job as CEO at hospital billings company Accretive Health Inc., Dr. Emad Rizk said Monday his first priority is to finish a massive restatement of the company’s finances dating back to the second quarter of 2010. Rizk, in an...
  • Saudi Arabia to open $530 billion bourse to foreigners in early 2015

    RIYADH/DUBAI (Reuters) - Saudi Arabia plans to open its stock market, the Arab world's biggest, to direct investment by foreign financial institutions in the first half of next year, the market regulator said on Tuesday. The opening of the Saudi market,...