The huge price tag for Facebook's acquisition of messaging service WhatsApp is hard to justify, but there is clearly value in the app's 450 million users, Blackstone told CNBC.» Read More
Nov 6- Transocean Ltd, owner of the world's largest offshore drilling fleet, reported on Wednesday a larger-than-expected third-quarter profit due to increased demand for its rigs and higher rates, sending its shares up 2 percent.
SAN FRANCISCO, Nov 6- Leading mobile chipmaker Qualcomm Inc posted higher fiscal fourth-quarter results on Wednesday, fueled by growing demand for smartphones in Asia, but its shares fell after it gave quarterly revenue guidance below expectations.
Nov 6- Whole Foods Market Inc on Wednesday reported slower same-store sales growth in the fourth quarter and the grocer lowered its sales forecast for fiscal 2014, sending shares down 8.7 percent in after hours trading.
Nov 6- Whole Foods Market Inc on Wednesday reported same-store sales that decelerated in the fourth quarter and the grocer lowered its sales forecast for fiscal 2014, sending shares down 8.7 percent in after hours trading.
Nov 6- Noodles& Co reported lower-than-expected quarterly revenue, hurt by a tepid consumer spending environment, sending the company's shares down 6.5 percent in extended trading. The company, which serves pasta and noodle dishes for as little as $8, posted a net income of $3.3 million, or 11 cents per share, up from $133,000, or 1 cent per share, a year earlier.
Nov 6- China's Suntech Power Holdings Co Ltd, once the world's largest maker of solar panels, filed for provisional liquidation, signaling that it may go out of business after years of steep declines in panel prices. Suntech's shares fell as much as 23 percent to $1.15 on the New York Stock Exchange on Wednesday.
*Earnings per share match Wall Street estimate. Nov 6- Chesapeake Energy Corp, the No. 2 U.S. natural gas producer, reported a third-quarter profit on Wednesday, but its shares fell more than 6 percent after it said its oil production would be lower this quarter.
*Backed by PE firms Francisco Partners, Sequoia Capital. Campbell, California- based Barracuda's shares opened at $22.20 and touched a high of $23.77 in morning trading, valuing the company at $1.19 billion. Its rivals include Symantec Corp, Check Point Software Technologies Ltd, CommVault Systems Inc and Intel Corp's McAfee unit.
Nov 6- Shares of Barracuda Networks Inc, a data storage and security company, rose as much as 31 percent in their trading debut, valuing the company at about $1.18 billion. Barracuda's shares opened at $22.20 and touched a high of $23.61 on the New York Stock Exchange on Wednesday.
Nov 6- Ralph Lauren Corp on Wednesday raised the low end of its full-year sales forecast on the expectation of strong gains during the holiday quarter, and the designer clothing company increased its dividend. Shares of Ralph Lauren rose 2.2 percent to $175 in premarket trading.
DETROIT, Nov 5- Tesla Motors Inc shares tumbled on Tuesday after the electric car maker issued a weaker-than-expected fourth-quarter outlook that overshadowed a third-quarter profit that slightly topped Wall Street estimates.
Nov 5- Regeneron Pharmaceuticals Inc on Tuesday reported quarterly profit that beat analyst expectations and again raised its forecast for its high-flying Eylea eye drug, sending its shares up by more than 7 percent.
Nov 5- Online travel agency Orbitz Worldwide Inc posted quarterly earnings that trailed forecasts as costs rose and said it expects revenue from its airline ticketing business to decline in the fourth-quarter. Orbitz shares, which have tripled this year, fell as much as 23 percent in morning trading on Tuesday.
*BMW hits autos, insurers knocked by RSA outlook. Autos were led lower by BMW, which dropped 2.9 percent after the German carmaker said quarterly profit at its auto unit fell more than expected, hurt in part by price discounts in core European markets.
*BMW hits autos, insurers knocked by RSA outlook. Autos were led lower by BMW, which dropped 2.6 percent after the German carmaker said quarterly profit at its auto unit fell more than expected, hurt in part by price discounts in core European markets.
Nov 5- Keryx Biopharmaceuticals Inc said its sole drug in development, Zerenex, proved to be effective in treating patients with chronic kidney disease who were not on dialysis. Keryx shares jumped 20 percent after the company said Zerenex met the main goal of a mid-stage trial.
Nov 5- T-Mobile US Inc, the No. 4 U.S. mobile provider, reported third-quarter subscriber growth well ahead of expectations on Tuesday, and showed it was putting pressure on market leaders Verizon Wireless and AT&T Inc..
Nov 5- Keryx Biopharmaceuticals Inc said its kidney drug met the main goals of a mid-stage study in patients with chronic kidney disease who were not on dialysis. Shares of the company rose about 16 percent to $12.84 in premarket trading.
PARIS, Nov 5- European shares set new five-year highs on Tuesday before dipping after mixed results from blue chips, with uncertainty in the run-up to an ECB policy meeting also keeping investor enthusiasm in check.
*BlackBerry shares fall after company abandons sale, replaces CEO. NEW YORK, Nov 4- U.S. stocks ended higher on Monday in light trading volume as investors were reluctant to make big bets with S&P 500 index just below the all-time closing high.