Comcast Corp. (NASDAQ: CMCSA) reported second-quarter adjusted earnings per share (EPS) of $0.50 and $15.2 billion in revenue before markets opened this morning. The EPS compares to $0.42 in the year-ago period, and revenue…
Time Warner Inc. (NYSE: TWX) reported second-quarter adjusted earnings per share (EPS) of $0.59 and $6.7 billion in revenue before markets opened this morning. EPS was just slightly lower than the $0.60 the company…
Wikimedia CommonsIf the Olympics were not occurring, news of a budget deal by Congress to extend the functioning of the federal government for another six months likely would lead the news. Or, perhaps news that…
Facebook Inc. (NASDAQ: FB) shares reach an all-time low as doubts about its business model grow. (Reuters) China’s PMI for July falls. (Reuters) Home prices may have steadied, according to Case-Shiller data. (Reuters) Apple…
Electronic Arts Inc. (NASDAQ: EA) reported a first fiscal quarter adjusted EPS loss of -$0.41 and $491 million in non-GAAP revenue after markets closed this afternoon. The EPS loss was worse compared with last…
StockTwits, a financial communications company, was founded in 2008. The company’s signal achievement is the creation of the so-called “cashtag” — $TICKER. When a user clicks on the cashtag at the StockTwits site, the…
Yahoo! Inc.’s (NASDAQ: YHOO) former interim CEO, Ross Levinsohn, quits. (Reuters) Manchester United sets IPO terms. (Reuters) The jury is selected in the Apple Inc. (NASDAQ: AAPL) vs. Samsung Electronics Co. IP suit. (Reuters)…
Zynga, Inc. (NASDAQ: ZNGA) is not following logic right now, at least sort of. Andrew Bary defended the stock over the weekend in Barron’s in an article titled “Beaten-Down Zynga Is Worth a Look.” Apparently it…
European Central Bank (ECB) President Mario Draghi pledged last week to do “whatever it takes” to protect the eurozone from collapse, and the markets are awaiting any decision from the central bank arising from…
General Motors (NYSE: GM) fires its marketing head because of a deal he set for soccer sponsorships. (Reuters) HSBC (NYSE: HBC) is under U.S. investigation over Libor manipulation. (Reuters) The Apple (NASDAQ: AAPL) patent trial…
Facebook Inc.’s (NASDAQ: FB) stock is hammered by earnings letdown. (Reuters) Samsung Electronic Co.’s earnings reach $5.9 billion mostly on smartphone sales. (Reuters) Barclays PLC’s (NYSE: BCS) profits rise sharply. (Reuters) The United States…
Facebook, Inc. (NASDAQ: FB) was initially taking back some of the Zynga Inc. (NASDAQ: ZNGA) related losses today. That was then. While the social media giant managed to meet earnings estimates (or beat depending…
Facebook, Inc. (NASDAQ: FB) is out with its first earnings report as a public company and Wall Street is so far taking back some of Thursday’s losses. The social networking behemoth reported earnings of…
OK, so it is no secret that Zynga, Inc. (NASDAQ: ZNGA) screwed its shareholders. You should not be surprised because Zynga is one of these new-age Web 2.0 (or Web 3.0) companies with a…
The USDA reports that drought has made a large increase in food prices likely. (Reuters) The government of Changsha in China launches a $130 billion stimulus program. (Reuters) Hackers have effectively attacked Google (NASDAQ:…