courtesy of XeroxAt the company’s annual investor conference today, Xerox Corp. (NYSE: XRX) plans to discuss its forecast for 2013, among other things. According to chairman and CEO Ursula Burns: Transforming Xerox to a…
ThinkstockStrayer Education Inc. (NASDAQ: STRA) reported third-quarter 2012 earnings this morning. The for-profit education firm posted diluted earnings per share (EPS) of $0.36 on revenues of $124.3 million. In the same period a year…
ThinkstockCVS Caremark Corp. (NYSE: CVS) reported third-quarter 2012 earnings this morning. The pharmacy benefits management and retail sales firm posted adjusted diluted earnings per share (EPS) of $0.85 on revenues of $30.2 billion. In…
courtesy MasterCard Inc.MasterCard Inc. (NYSE: MA) reported third quarter 2012 results before markets opened this morning. The credit card issuer posted adjusted earnings of $6.17 per share on revenues of $1.9 billion. In the…
Environmental cleanup firm Clean Harbors Inc. (NYSE: CLH) announced this morning that it has signed a definitive agreement to acquire privately held Safety-Kleen Inc. in an all-cash deal worth $1.25 billion. Safety-Kleen is a…
ClearwireClearwire Corp. (NASDAQ: CLWR) reported third quarter 2012 results after markets closed today. For the quarter, the wireless carrier posted a diluted earnings per share (EPS) loss of $0.22 on revenues of $313.9 million.…
Sprint-Nextel Corp. (NYSE: S) will release a new 4G data plan for tablets. It should be in place by November 11. The cost of the plan has been set, it seems, to take iPad…
Solid earnings results from Brinker International Inc. (NYSE: EAT) and Dr Pepper Snapple Group Inc. (NYSE: DPS) this morning were not enough to please investors. The operator of the Chilis Grill & Bar and…
United Parcel Service Inc. (NYSE: UPS) said today that it has received a “statement of objections” from the European Commission (EC) related to the company’s $6.7 billion acquisition of TNT Express NV. Calling the…
Internet security firm Palo Alto Networks Inc. (NYSE: PANW) this morning priced a secondary offering of 4.8 million shares at $63 a share, about 4% below last night’s closing price of $65.50. The company…
After markets closed last night, Apollo Group Inc. (NASDAQ: APOL), which owns and operates the University of Phoenix, reported a better-than-expected earnings per share (EPS) of $0.52, but revenues fell 11% compared with the…
Priceline.com Inc. (NASDAQ: PCLN) today announced that president and CEO Jeffery H. Boyd will assume the additional role of chairman of the company’s board beginning January 1, 2013. The current chairman, Ralph M. Bahna,…
Google TV is set to get content from the Google Play store, including movies, TV shows and music, a big step in Google Inc.’s (NASDAQ: GOOG) efforts to become a media behemoth. Content will…
The National Federation of Independent Business has released its survey results for the month of September and the month was described as yet another month of low expectations and pessimism for the small-business community.…
The long-awaited conclusion to the acquisition of Dollar Thrifty Automotive Group Inc. (NYSE: DTG) by Hertz Global Holdings Inc. (NYSE: HTZ) is going to take a little longer. Hertz announced this morning that it…