Zynga Loses Less, Books More
courtesy of ZyngaZynga Inc. (NASDAQ: ZNGA) reported third quarter 2013 results after markets closed on Thursday. The social media game company posted an adjusted earnings per share (EPS) loss of $0.02 and revenues of…
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Newest first · Page 72Jeff Bezos Amazon Shares Now Worth Almost $30 Billion After Earnings
By Steve Jurvetson CC-BY-2.0, via Wikimedia CommonsAmazon.com Inc. (NASDAQ: AMZN) reported its third quarter earnings after the close on Thursday. The online retailer of anything and everything has managed to get away with reporting…
Thursday Closing Bell: Markets Close Higher on Hope for Better Days
October 24, 2013: U.S. markets opened higher Thursday morning and marched upward for most of the day. Today’s report on new claims for unemployment benefits fell from the prior week and flash PMI reports…
Microsoft Scores Huge Earnings Surprise, Enterprise Dominating Growth
Microsoft Sweden, via Wikimedia CommonsMicrosoft Corp. (NASDAQ: MSFT) has reported its quarterly corporate earnings report and this comes on the heels of a surprisingly strong stock performance in 2013. What is interesting is how…
The Six Worst S&P 500 Stocks of 2013
Jon OggThe S&P 500 Index has been challenging all-time highs yet again this week. Once the government got out of the way in Washington D.C. things got back on track. 2013 is turning out…
ParkerVision Win v. Qualcomm Less than Hoped
ThinkstockA jury in Florida has reportedly awarded ParkerVision Inc. (NASDAQ: PRKR) $173 million in its patent infringement suit against Qualcomm Inc. (NASDAQ: QCOM). ParkerVision had hoped for an award in the neighborhood of $430…
Pinterest $225 Million Raise and $3.8 Billion Value… Social Overload?
ThinkstockRaising big rounds of capital for next generation internet and social media companies is becoming America’s favorite pastime. Now we have news out from multiple sources that Pinterest has raised another $225 million. More…
Penney’s Woes Could Squeeze U.S. Malls
courtesy J.C. Penney Co. Inc.Early estimates for the holiday shopping season vary widely, from a forecast of 2.4% growth from ShopperTrak to a 3.9% growth forecast from the National Retail Federation. Customer traffic at…
America’s Richest (and Poorest) Cities
ThinkstockMedian household income in the United States remained relatively unchanged between 2011 and 2012, after falling 7% from the start of the recession. While the nation continues to recover based on other measures, it…
Weak Outlook Hammers Fusion-io Shares
Courtesy Fusion-io Inc.Storage technology company Fusion-io Inc. (NYSE: FIO) managed to beat the consensus estimate for an earnings per share (EPS) loss of $0.11 in its first fiscal quarter of 2014, but revenue was…
Nuance: The Icahn Activist Trade That Is Not Working
courtesy of Apple Inc.When you hear about activist investor activity from Carl Icahn and Icahn Enterprises L.P. (NASDAQ: IEP) these days, you might generally think of Netflix Inc. (NASDAQ: NFLX) or Apple Inc. (NASDAQ:…
Symantec CEO Takes the Blame for Poor Results
ThinkstockShares of Symantec Corp. (NASDAQ: SYMC) tumbled nearly 13% in after-hours trading on Wednesday after the company announced that third-quarter revenues did not meet the consensus estimate. The security software firm also lowered its…
Xerox CEO Turnaround Plan Fails Again
courtesy of XeroxIf there was ever a time that the Xerox Corp. (NYSE: XRX) board needed to throw out CEO Ursula Burns, it is now. The overpaid executive has failed again to make the…
Natural Gas Supply Higher Than Expected
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 87 billion cubic feet for the week ending October 18, compared with an expected build of about 78…
U.S. Flash PMI for October Could Have Been Worse
ThinkstockThe U.S. purchasing managers’ index (PMI) flash reading for October came in a 51.1, just barely a positive reading and the lowest level for the index in the past 12 months. A Bloomberg survey…