Boards have long shunned speaking with investors. Now, they are being pressed to open up. The NYT reports.» Read More
The restaurant chain Chipotle and Comcast, the giant cable company, surged after reporting better results than Wall Street expected. PLUGGED IN: Comcast, the country's largest cable company, reported quarterly profits that topped Wall Street's targets, as more people signed up for Internet service. Comcast gained 81 cents, or 1.5 percent, to $54.63.
NEW YORK— Verizon reported Tuesday that its second-quarter earnings nearly doubled after it secured full ownership of Verizon Wireless. That's because Verizon issued shares in February to pay Vodafone Group PLC shareholders for their share of Verizon Wireless.
*ARM Holdings surges after strong results. LONDON, July 22- European equities bounced back on Tuesday partly in response to signs of improved cooperation from Ukraine's pro-Russian rebels who have agreed to hand over the black boxes from the Malaysian plane downed in Ukraine last week.
July 21- Rent-to-own home furniture retailer Rent-A-Center Inc reduced its full-year forecast for revenue and profit, saying it expected demand to remain soft. Rent-A-Center Inc shares were down 2 percent in extended trading, after the company also reported second-quarter sales and profit in line with the lower-than-expected estimates it gave last week.
NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. Six Flags Entertainment Corp., down $1.69 to $39.31. BB&T Corp., down $1.57 to $37.33.
BUZZ-HASBRO INC: SALES MISS ANALYSTS' ESTIMATE@** Second-largest U.S. toymaker's shares down 3.7. **Q2 sales up 8.2 pct at $829.3 million, but miss analysts' average estimate of $839 million. **Net income falls by 2 cents to 26 cents/ share.
July 21- Network-gear maker Extreme Networks estimated fourth-quarter adjusted profit and revenue above analysts' expectations, helped mainly by new business in North America. Shares in Extreme Networks jumped 13 percent to $4.94 in premarket trading.
HONG KONG, July 21- Hong Kong shares sagged on Monday, though the Macau gambling sector regained momentum following losses last week stemming from a corruption probe and disappointing earnings. Galaxy Entertainment Group and Sands China were the standout winners on the Hang Seng, up 3.1 and 2.3 percent respectively.
NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. Advanced Micro Devices Inc., down 74 cents to $3.83. B&G Foods Inc., down $1.20 to $29.62.
July 18- Shares of Trupanion Inc rose as much as 15 percent in their market debut, valuing the pet insurer at $304 million, as investors bet on growing demand among pet owners to insure their cats and dogs.
The company raised about $71 million after pricing its initial public offering of 7.13 million shares at $10 per share, below the expected range of $13 and $15 per share.
MOSCOW, July 18- Moscow shares fell on Friday morning, extending losses from the previous session following the downing of a Malaysian passenger airliner in eastern Ukraine. The rouble-traded MICEX dropped 1.9 percent in the first minute after trading began and was down 1.6 percent at 1,417 points at 0603 GMT.
NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Burlington Stores Inc., up $2.39 to $31.34. AutoNation Inc., down $5.01 to $55.82.
DETROIT, July 17- Shares of AutoNation Inc, the largest U.S. auto dealer group, fell as much as 8 percent on Thursday after its earnings missed analysts' expectations. Analyst Joseph Amaturo of the Buckingham Research Group said he was "unimpressed" with AutoNation's results and that the company was not expanding its share of the U.S. new-vehicle market.
NEW YORK— Philip Morris International's second-quarter profit declined 13 percent, stung by foreign exchange rates for the U.S. dollar. The seller of Marlboro cigarettes and other brands outside the U.S. earned $1.85 billion, or $1.17 per share, for the period ended June 30. Shares of Philip Morris International rose 78 cents to $85.48 in morning trading.
HONG KONG, July 17- Hong Kong's benchmark index ended flat on Thursday, dampened by a weak Macau gaming sector and a retreat by Internet giant Tencent. Shares of Macau casino Sands China fell 1.2 percent after the company reported weaker-than-expected earnings.
MOSCOW, July 17- Moscow shares fell on Thursday after Washington imposed its toughest economic sanctions on Russia yet, sending shares in its largest oil producer Rosneft tumbling and hitting other energy, financial and defence firms.
MOSCOW, July 17- Moscow shares fell on Thursday following the announcement of new U.S. economic sanctions on Russia, sending shares in its largest oil producer Rosneft tumbling and hitting other energy, financial and defense firms. The rouble-traded MICEX dropped 2.5 percent in early trading.
*Spreadbetters expect lower opening for Europe. Spreadbetters expected European stock markets to follow suit, forecasting Britain's FTSE 100 would open as much as 0.25 percent lower, Germany's DAX down 0.15 percent and France's CAC 40 off 0.3 percent.
*Qualcomm has already placed orders with Samsung- newspapers. TAIPEI, July 17- Shares of Taiwan Semiconductor Manufacturing Co Ltd fell as much as 6 percent on Thursday after an analyst and Taiwanese media reported the likely loss of orders for next-generation chips from Apple Inc and Qualcomm Inc..