Xerox (NYSE: XRX) shares slipped about 2.5% in morning trading, following the Connecticut-based document management company’s second-quarter report. Xerox said its quarterly earnings declined 3.1% to $309 million, from $319 million in the year-ago…
Friday morning, American Electric Power (NYSE: AEP) reported that its 2012 second-quarter earnings came to $362 million, or 75 cents per share. That was up from $352 million or $0.73 per share for second…
Shares of Chipotle Mexican Grill (NYSE: CMG) have plunged more than 18% in premarket trading Friday, following Thursday’s second-quarter report that indicated a slowdown in customer traffic growth. The fast-casual restaurant operator reported that…
The U.S. markets appear to be set to follow Asian and European markets lower. Standard & Poor’s 500 Index could end a three-day rally, even as companies reported better-than-expected earnings in the second quarter.…
This morning, General Electric (NYSE: GE) posted second-quarter earnings that topped consensus estimates as profit climbed at its energy and finance units. Earnings from continuing operations rose to $4.01 billion, or $0.38 per share,…
CVS Caremark (NYSE: CVS) was down more than 2% in premarket trading Thursday, and its was down more than 5%, or less than $46 a share, in early trading. This after the stock reached…
The hope that the weekly jobless claims picture was getting better after last week’s surprise drop is being squashed. The Labor Department reported that weekly jobless claims rose back up into the danger zone…
U.S. markets are set to open higher, buoyed by somewhat better-than-expected earnings. Late Wednesday, IBM (NYSE: IBM) posted a higher profit and boosted its earnings target for the year. EBay (NASDAQ: EBAY) also exceeded…
NokiaNokia (NYSE: NOK) reported this morning that its net loss more than tripled in the second quarter, dragged down by sagging sales of smartphones, a market in which the company has been losing ground…
Next month AT&T (NYSE: T), the second-largest mobile provider in the United States, will launch a new service that allows its customers to buy a single data plan for up to 10 devices and…
The latest survey by China’s National Bureau of Statistics indicated that average home prices in 70 Chinese cities were unchanged in June from May. That ended eight straight months of declines and suggests that…
Better-than-expected unemployment data from the U.K. lifted European markets somewhat Wednesday morning. The unemployment rate declined to 8.1% for the three months that ended in May. Minutes from the Bank of England’s July policy…
Google’s (NASDAQ: GOOG) social media offering Google+ had a good showing with a score of 78 in its first appearance in the American Customer Satisfaction Index (ACSI) E-Business Report, released Tuesday. Google+ tied for…
The retail inflation reading for the month of June has now been released by the Labor Department. The Consumer Price Index for the month of June came in on a headline basis at 0.0%,…
Monday, the California Public Employees’ Retirement System (CalPERS) reported a 1% return on investments for the 12 months that ended June 30. Its assets totaled more than $233 billion at the end of the…
Rumors that Federal Reserve Chairman Ben Bernanke would hint at more monetary stimulus later in the day had global shares and the euro edging upward. U.S. stocks are set to open higher, ahead of…
Increasingly, eyewitnesses who find themselves caught in some tragedy are recording their experiences and posting their videos online. And more and more news organizations are incorporating user-generated content into their news offerings. The Pew…
Protestors in various cities around the world are “occupying” any parks and streets they can find, to some extent to protest the success of big business as it contrasts the fortunes of the little…
Short sellers moved aggressively into the shares of companies with weak financial prospects and stock prices. According to data from the NYSE and Nasdaq, for the period that ended April 30, shares sold short…
Sony (NYSE: SNE) says it will return to profit and will cut its TV unit losses in half. (Reuters) Cisco Systems (NASDAQ: CSCO) warns about the economy as it releases earnings. (Reuters) Regulators may…