ZyngaZynga, Inc. (NASDAQ: ZNGA) has just reported its quarterly earnings of $0.01 EPS and a 19% sales growth with $332 million in revenue. The results compare to the Thomson Reuters consensus estimates of $0.06…
During a conference call today to discuss IACInteractiveCorp’s (NASDAQ: IACI) second-quarter earnings, the company’s chairman was asked whether the company would continue to publish a hard-copy edition of Newsweek magazine, a publication that IAC…
Apple (NASDAQ: AAPL) blames poor earnings on slow sales in anticipation of the iPhone 5 and a sluggish economy. (Reuters) The Federal Reserve searches for new ways to help the sagging economy. (Reuters) Peugeot…
OK, so how about those dual-class share structure IPOs! There is another hot IPO coming to market. This one has literally hundreds of millions of fans, will be a billion-dollar-plus IPO, is extremely followed by…
DeVry, Inc. (NYSE: DV) is topping the leaderboard today, but in the wrong direction. It is the top loser on the New York Stock Exchange. The secondary education provider issued a rather ghastly earnings…
The European Commission this morning gave its approval to the $5 billion acquisition of NDS Group Ltd. by Cisco Systems Inc. (NASDAQ: CSCO). The deal was announced in March. NDS, formerly owned by private…
Federal Reserve Chairman Ben Bernanke is set to deliver a recorded video at 8:45 AM EST this morning to the Children’s Defense Fund National Conference in Cincinnati, Ohio. It seems highly unlikely that the…
Carlyle (NASDAQ: CG) may buy a unit of United Technologies (NYSE: UTX). (Reuters) More factories move to the United States as China’s manufacturing costs rise. (Reuters) The CEOs of Apple (NASDAQ: AAPL) and Samsung…
Based on data released by the Warner Bros division of Time Warner (NYSE: TWX), the third installment of the Batman series, “The Dark Knight Rises” brought in $160.9 million over its first weekend. This…
Apple (NASDAQ: AAPL) will shrink the connector for the iPhone 5. (Reuters) Greece presses for billions of euros in budget cuts before aid payments. (WSJ) Eastman Kodak loses several patent disputes, which puts the…
DirecTV (NASDAQ: DTV) and Viacom (NASDAQ: VIA) announced they have settled a battle over the fees DirecTV is paid to carry the channels. The firms announced: DIRECTV has reached a new long-term agreement with Viacom to…
Eurozone officials set final terms for a bailout of Spain’s banks. (Reuters) Marissa Mayer will receive as much as $70 million to head Yahoo! (NASDAQ: YHOO). (Reuters) Banks hit by the Libor investigation may offer a…
Barnes & Noble (NYSE: BKS) is not the next Borders, as some analysts like to say. It has much larger sales, much smaller financial obligations and a major e-commerce presence. But what seemed to be…
A new consumer agency fines Capital One (NYSE: COF) $210 million for aggressive marketing activity.(Reuters) New IMF policies will examine whether individual national economies might hurt global growth. (Reuters) IBM (NYSE: IBM) raises its earnings…
Yahoo!’s (NASDAQ: YHOO) profits fall slightly. (Reuters) Intel’s (NASDAQ: INTC) forecast implies PC sales will be weak. (Reuters) The head of the holding company for British Air and Iberia says an AMR merger with…