Wikimedia CommonsGeneral Electric (NYSE: GE) has spent more than $1 billion on Olympic projects, the company announced Monday. The Fairfield, Conn.-based company says it has supplied, among other things, medical scanners and other health monitoring devices…
Usually, shares of drug makers soar following the announcement that the Foood and Drug Administration approved a drug. Amarin Corp. (NASDAQ: AMRN) announced approval by the FDA for Vascepta to patients very high triglycerides. Yet, shares…
Photo by Spencer Platt/Getty ImagesThe broader stock market is up Friday on the announcement that gross domestic product grew 1.5% in the United States and optimism that the Federal Reserve will provide more stimulus. The Dow Jones…
High-end steakhouse chain Del Frisco Restaurant Group begins public trading today, although it will sell less common stock than initially planned. The IPO was cut to 5.8 million shares at $13 a share. The Southlake, Tex.-based…
Shares of Starbucks Corporation (NASDAQ: SBUX) fell sharply after hours after reporting third-quarter earnings that missed analyst expectations. Shares are down 9.36% to $47.50 in the first 20 minutes of after-hours trading. The stock rose 3.96%…
Photo by Spencer Platt/Getty ImagesStocks are up solidly Thursday after European Central Bank President Mario Draghi unequivocally vowed to preserve the euro. The Dow Jones is up 1.53%, the Nasdaq is up 1.32% and the…
United Technologies Corp. (NYSE: UTX) reported earnings that beat analyst estimates, but also had to lower its full-year profit outlook due to a slowing economy in Europe and a weaker currency. The company’s net income…
Shares of United Continental Holdings Inc. (NYSE: UAL) fell Thursday morning after the company’s second-quarter financials missed analyst estimates. The stock is down 5.54% to $19.28. The 52-week low is $15.51. United’s net income was $339 million for…
Wikimedia Creative Commons, JohnnyMrNinjaStocks face mixed results Wednesday. The Dow Jones Industrial Average is up 0.53%, the Nasdaq is down 0.50% and the S&P 500 is down 0.17%. Many companies just announced their second-quarter…
Boeing (NYSE: BA) second-quarter financials beat Wall St. earnings and revenue estimates based on strength in businesses such as commercial airplane deliveries. Boeing reported net income of $967 million, or $1.27 a share, for the second quarter, up…
Once again, concerns over European debt is sending stocks tumbling. The Dow is down 0.61%, the Nasdaq is down 0.39% and the S&P 500 is down 0.62%. There were a ton of high volume winners and…
Photo by Spencer Platt/Getty ImagesThe stock market is solidly down in Monday morning trading, with more fear over European debt. The Dow Jones Industrial Average is down 1.79%, the Nasdaq is down 2.34% and the S&P…
Microsoft (NASDAQ: MSFT) can actually claim to have beaten the operating platforms of Apple (NASDAQ: AAPL) and Google (NASDAQ: GOOG) in at least one respect. Technology research firm Strategy Analytics estimates that Nokia, which operates on Microsoft’s Windows Phone…
Amazon (NASDAQ: AMZN) and Warner Bros. on Friday jointly announced a licensing agreement to add TV shows such as Fringe and The West Wing to its Prime Instant Video catalog, making those shows available exclusively to …
The stock market is down Friday over further concerns in Europe. The Dow Jones Industrial Average is down 0.78%, the Nasdaq is down 0.83% and the S&P 500 is down 0.73%. Today’s market winners include…
Fender Musical Instruments will not be taking stage on the public markets for now. The Scottsdale, Ariz.-based company, which has made guitars for many iconic rock musicians such as Eric Clapton and Jimi Hendrix, has decided…
Microsoft (NASDAQ: MSFT) reporter fourth quarter earnings that beat analyst expectations Thursday, although revenue slightly missed Wall Street estimates. Excluding special charges due to writedown of AQuantive, Microsoft earned 67 cents a share on revenue of $18.1 billion. Wall Street…
Shares of eBay (NASDAQ: EBAY) are up significantly after the online auction site after the company reported strong second quarter earnings. The online retailer reported a net profit $692 million, or 53 cents a share, up from $283…
International Business Machines (NYSE: IBM) on Wednesday announced earnings higher than Wall Street expectations, sending shares up 1.83% in the first 20 minutes of after-hours trading to $191.70. The company earned $3.9 billion in the second-quarter, or $3.51…
As investors brace for Wednesday’s congressional testimony from Federal Reserve Chairman Ben Bernanke, the stock market is up modestly. The Dow Jones Industrial Average is up 0.38%, the Nasdaq is up 0.86% and the S&P 500…