ConAgra Foods Inc. (NYSE: CAG) this morning reported fiscal first quarter 2013 earnings per share (EPS) of $0.41 on revenue of $3.31 billion. In the same period a year ago, the processed and packaged…
AppleAs Apple Inc. (NASDAQ: AAPL) launches its new iPhone 5 without its traditional partnership with Google Maps, the future of the search engine’s software has dimmed. Google Inc. (NASDAQ: GOOG) has never quite explained…
Japan announced its trade data for August, and its export level to the European Union collapsed by 28% from the same month last year. If the data is any indication of Europe’s shrinking demand,…
Nike Inc. (NYSE: NKE) became the latest company to return money to shareholders as the economy falters. It joins a raft of firms from AOL Inc. (NYSE: AOL) to Microsoft Corp. (NASDAQ: MSFT) and…
nationsonline.orgDespite the European Central Bank’s aggressive new bond-buying plan, private-sector activity across the eurozone contracted at its fastest pace since June 2009, according to the preliminary September Markit composite purchasing managers index released today.…
Manufacturing activity in China stabilized in September after hitting a nine-month low in August, a survey of factory managers showed. HSBC/Markit China manufacturing PMI flash estimate for September improved slightly from 47.6 in August…
Mutual fund giant Franklin Resources (NYSE: BEN) has announced that it will acquire a majority stake in K2 Advisors for an undisclosed amount. K2 is one of the largest of the so-called funds of…
According to the Center for Audit Quality’s (CAQ) 6th Annual Main Street Investor Survey, about two-thirds of individual investors have at least some confidence in U.S. capital markets. That represents an increase of four…
The Financial Times, in an exclusive report, says that Saudi Arabia will ship additional crude to some of the world’s largest consuming nations. The kingdom fears that the increasing cost of oil will stifle what…
A report from Merrill Lynch shows that investors are now more worried about the “fiscal cliff” than the financial trouble of Europe: Europe is staging a comeback in investor portfolios while concerns about the…
Bundesbank leader Jens Weidmann has been unhappy with the European Central Bank’s plan to buy sovereign debt in financially weak nations since the idea was first floated. Now, he has viciously attacked the practice…
The National Association of Home Builders/Wells Fargo housing market index increased to a seasonally adjusted reading of 40 in September. That was up from 37 in the previous month, as well as the highest…
Lenovo, the world’s second-largest PC maker, has struck a deal to acquire U.S.-based software company Stoneware in order to boost its cloud computing operations. This is the Beijing-based company’s first acquisition of a software…
U.S. Department of Transportation’s Air Travel Consumer Report for July is out. It grades, among other things, which airlines are most likely to have on-time arrivals. The data always gets a lot of news…
Google Inc.’s (NASDAQ: GOOG) Motorola Mobility handed Intel Corp. (NASDAQ: INTC) a much-needed victory in the smartphone industry. The big chip marker has had a hard time breaking out of the PC market and into…
Global tablet sales should rise 56% to 126.6 million units, according to industry research group iSuppli. As expected, Apple Inc. (NASDAQ: AAPL) has the lead in the market, but that lead may be threatened.…
The ZEW Center for European Economic Research in Mannheim said today that its index of investor and analyst expectations rose to -18.2 from -25.5 in August. Economists on average expected a gain to -20,…
Market research firm BIA/Kelsey predicts that demand from U.S. consumers for online deals will boost the market to $3.6 billion by the end of this year. If so, the online deal market — including…
Delinquencies at Capital One Financial Corp.’s (NYSE: COF) U.S. credit-card business rose in August from the month earlier, while charge-offs slipped, according to a filing with the Securities and Exchange Commission. The McLean, Va.-based…
AT&T Inc. (NYSE: T) claims the Apple Inc. (NASDAQ: AAPL) iPhone 5 set a presale order record, supporting news over the weekend that even Apple itself is sold out. The news confirms a trend. Apple products…