The "Shareholder Spring" continues to weigh on U.K. companies, with CEO bonuses falling for a third consecutive year in 2013, according to a PwC report published on Tuesday, as investors keep a watchful eye on corporate excess.» Read More
April 23- EMC Corp, the world's largest maker of data storage equipment, reported a better-than-expected quarterly revenue, but its shares fell after majority-owned software maker VMware Inc reported weak growth in bookings.
April 23- Delta Air Lines Inc reported a higher-than-expected first-quarter profit on Wednesday and gave a strong outlook for the current period, sending its shares up nearly 5 percent. Delta "has been outperforming on the revenue front and costs are being kept in line," said Kevin Crissey, an airline analyst with Skyline Research.
NEW YORK— Shares of some top chemicals companies are mixed at 1 p.m.:. Dow Chemical Co. rose$. 55 or 1.1 percent, to $49.49. DuPont Co. fell$. 03 or percent, to $67.32.
NEW YORK— Shares of some top telecom companies are down at 1 p.m.:. AT&T Inc. fell $1.14 or 3.1 percent, to $35.15. Verizon Communications Inc. fell$. 38 or. 8 percent, to $47.55.
NEW YORK— Shares of some top big-box retail companies are up at 1 p.m.:. Costco Wholesale Corp. rose$. 87 or. 8 percent, to $114.43. Wal-Mart Stores Inc. rose$. 64 or. 8 percent, to $78.20.
NEW YORK— Shares of some top gold companies are up at 1 p.m.:. Barrick Gold Corp. rose$. 29 or 1.7 percent, to $17.84. Newmont Mining Corp. rose$. 82 or 3.3 percent, to $25.86.
Cisco Systems Inc. fell. 3 percent to $23.45 with 12,844,500 shares traded. Facebook Inc. fell 2.4 percent to $61.52 with 42,143,300 shares traded. Gilead Sciences Inc. rose 3.3 percent to $75.28 with 20,613,200 shares traded.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. fell 3.8 percent to $34.92 with 56,542,500 shares traded. Advanced Micro Devices Inc. fell 1.2 percent to $4.25 with 28,731,400 shares traded.
The Dow Jones index that tracks the 10 biggest aerospace and defense companies rose 1.75 percent, driven by gains in shares of Lockheed Martin Corp, General Dynamics Corp, and Northrop Grumman Corp, which all reported higher profit and earnings per share this week.
April 23- Shares in SodaStream International Ltd rose as much as 17 percent on Wednesday after the Israeli business newspaper Globes said Starbucks Corp was in advanced talks to buy 10 percent of the home soft drink maker, citing sources. Representatives for both SodaStream and Starbucks declined to comment.
NEW YORK— Shares of some top chemicals companies are up at 10 a.m.:. Dow Chemical Co. rose $1.08 or 2.2 percent, to $50.02. DuPont Co. rose$. 02 or percent, to $67.37.
NEW YORK— Shares of some top big-box retail companies are up at 10 a.m.:. Costco Wholesale Corp. rose$. 29 or. 3 percent, to $113.85. Wal-Mart Stores Inc. rose$. 18 or. 2 percent, to $77.74.
NEW YORK— Shares of some top gold companies are up at 10 a.m.:. Barrick Gold Corp. rose$. 24 or 1.4 percent, to $17.79. Newmont Mining Corp. rose$. 48 or 1.9 percent, to $25.52.
NEW YORK— Shares of some top construction companies are down at 10 a.m.:. Foster Wheeler fell$. 10 or. 3 percent, to $33.62. Quanta Services Inc. fell$. 18 or. 5 percent, to $35.90.
NEW YORK— Shares of some top telecom companies are down at 10 a.m.:. AT&T Inc. fell $1.27 or 3.5 percent, to $35.02. Verizon Communications Inc. fell$. 80 or 1.7 percent, to $47.12.
On a non-adjusted basis, however, Boeing's profit slid 13 percent to $965 million, or $1.28 per share, down from $1.11 billion, or $1.44 per share, a year earlier, the company reported on Wednesday. But analysts pointed to strong cashflow generation and Boeing's increase in share buy-backs in the quarter as reasons to push the stock higher.
OMAHA, Neb.— Norfolk Southern's first-quarter profit fell 18 percent as severe winter weather slowed the railroad's shipments and coal revenue dropped 15 percent.
*Boeing rallies after results, outlook; P&G edges down. *Key earnings on tap; Apple, Facebook out after the close. *Boeing Co reported first-quarter revenue that beat expectations and lifted its core earnings forecast to reflect a tax settlement gain, sending shares up 2.7 percent to $131.05 in premarket trading.
TOKYO, April 23- Seibu Holdings Inc rose almost 11 percent on its first day of relisting on the Tokyo stock market, after its IPO price was slashed due to growing doubts over the strength of Japan's economic recovery.
April 22- Skechers USA Inc posted a near-fivefold jump in quarterly profit after its new footwear designs sold well in the United States and abroad, sending shares of the company up 14 percent after the bell. Skechers, whose larger rivals include Nike Inc and Adidas AG, said it expected U.S. and international demand to stay strong for the rest of the year.