ThinkstockBarclays PLC (NYSE: BCS) announced poor 2012 earnings and promptly fired 3,700 people. Management said that results were hurt by bad payment protection on loans and credit cards. Other banks likely will follow suit…
ThinkstockAt some point, high energy prices begin to undercut consumer spending. The effect obviously varies by consumer, based on income and driving habits, at least. But the price of gasoline has shot up enough…
Wikimedia CommonsAmazon.com Inc. (NASDAQ: AMZN) and Apple Inc. (NASDAQ: AAPL) place so high on most customer satisfaction surveys that the repetition has made the conclusions commonplace. Unfortunately for several financially battered retailers, their stumbling…
ThinkstockBarclays PLC (NYSE: BCS) will cut 3,700 jobs as the troubled bank restructures. (Reuters) Nokia Corp. (NYSE: NOK) adds to its low-priced Asha line. (Reuters) A judge approves a request by Apple Inc. (NASDAQ:…
ThinkstockAlthough the U.S. housing market is improving, lending standards remain tight. Banks have become extremely vigilant in their lending practices, requiring a more stable income, enough money for a sizable down payment and a…
ThinkstockOcean Rig UDW Inc. (NASDAQ: ORIG) has announced that DryShips Inc. (NASDAQ: DRYS) will be selling a total of 5 million shares of common stock in Ocean Rig. The move will raise capital via an underwritten…
Thinkstock Lions Gate Entertainment Corp. (NYSE: LGF) reported third quarter results after the markets closed today. Quarterly diluted earnings per share (EPS) were $0.27 on revenues of $743.6 million. In the second quarter of…
ThinkstockVMware, Inc. (NYSE: VMW) is without argument a great company and the leader in virtualization. The problem of late is that it is getting harder and harder for the software player to find new…
U.S. equity markets opened lower this morning on a day that may be the least active of the year so far. The major Asian exchanges are closed today, with Shanghai and Hong Kong beginning…
ThinkstockBy: Kate Rogers / FOXBusiness We may only be two months into the year, but 2013 is already shaping to show impressive results for the real estate market. With record-low interest rates and other…
ThinkstockDiamond Foods Inc. (NASDAQ: DMND) is surging on what would be considered no real news from the company. The driving force is that BlackRock disclosed on Friday a larger stake of almost 8% in…
courtesy of Sony Corp.A division of Sony Corp. (NYSE: SNE) and Starz (NASDAQ: STRZB) have extended a multi-year agreement under which Starz will remain the exclusive first-run TV outlet for new movies from Sony.…
ThinkstockThe effects of last week’s surprise devaluation of Venezuela’s currency are already hitting some U.S. firms. Colgate-Palmolive Co. (NYSE: CL) said this morning that it will take a $120 million one-time charge in the…
Photo by Spencer Platt/Getty ImagesMarket rumors and speculation has been about that other exchanges would either go private or would merger together after this mega-exchange merger between NYSE Euronext, Inc. (NYSE: NYX) and IntercontinentalExchange,…
ThinkstockA new report on former employees of the Securities and Exchange Commission (SEC) who take new jobs at companies or with clients that are regulated by the commission not only documents traffic through the…