Darden, the nation's largest full-service restaurant company, also owns Olive Garden and LongHorn Steakhouse.» Read More
Oct 23- Online review company Angie's List Inc reported quarterly revenue that fell short of the average analyst estimate as marketing expenses rose and first-year membership renewal rates declined. Angie's List shares were down 15 percent in after-market trading.
Oct 23- Symantec Corp, the maker of Norton anti-virus software, reported a 3.5 percent drop in revenue as demand fell for its storage, server management and security products. Net income rose to $241 million, or 34 cents per share, in the second quarter, from $189 million, or 27 cents per share, a year earlier. Revenue fell to $1.64 billion.
Oct 23- Akamai Technologies Inc, whose products help to move content quickly over the Internet, reported a 65 percent rise in profit as mobile activity and app downloads increased after Apple Inc launched its iOS 7 platform. Akamai's shares rose about 9 percent in extended trading.
*Caterpillar falls after results, chipmakers also drop. NEW YORK, Oct 23- U.S. stocks fell on Wednesday as shares of Caterpillar and a group of chipmakers tumbled after they reported earnings, putting the S&P 500 on course to snap a four-session streak of record highs.
*Boeing raises full-year core earnings forecast. *Shares of Boeing up as much as 6 percent. "Obviously that's a campaign that we did not want to lose," Boeing Chief Executive Jim McNerney said in a conference call, referring to rival Airbus' win of an order from longtime Boeing customer Japan Airlines Co Ltd..
NEW YORK, Oct 23- U.S. On Wall Street, the S&P 500 was down after a four-day streak of record highs as shares of Caterpillar and a number of chipmakers tumbled on weaker-than-expected results.
*Caterpillar falls after results, chipmakers also drop. NEW YORK, Oct 23- U.S. stocks fell on Wednesday, putting the S&P 500 on track to snap a four-day streak of record highs, as shares of Caterpillar and a number of chipmakers tumbled in the wake of their results.
Oct 23- US Airways Group Inc reported lower third-quarter profit on Wednesday as it set aside more money for taxes and recorded merger costs, sending its shares down nearly 2 percent.
*American Realty shares up 3 pct. American Realty shares rose 3 percent in early trading as the company finally sealed the deal after being rebuffed twice by Cole earlier this year. American Realty said the Cole acquisition would increase the size of its portfolio to 3,732 properties, toppling Realty Income Corp as the largest net-lease REIT.
Oct 23- Shares of University of Phoenix owner Apollo Group Inc looked set to open 17 percent higher after the company reported that falls in new enrolments are finally starting to slow. "We are positively surprised at the level of expected costs cuts in fiscal 2014 after 2013," Deutsche Bank analyst Paul Ginocchio wrote in a note to clients.
Oct 22- Cree Inc, a maker of light-emitting diodes, forecast current-quarter earnings below analysts' average estimate as it expects higher marketing expenses for its LED bulb, sending its shares down about 15 percent in extended trading.
Oct 22- Shares of Alcoa Inc surged on Tuesday in an unusually busy day for the aluminum producer, with the stock rising sharply in late-day trading for its biggest one-day move in nearly two years, though the reasons for the move were unclear.
Oct 22- Specialty glass maker Corning Inc said it would buy out Samsung Electronics Co Ltd's stake in their LCD panel joint venture, resulting in the South Korean company taking a 7.4 percent shareholding in Corning. Corning shares rose about 20 percent in extended trading. Samsung owns 43 percent of the joint venture, Samsung Corning Precision.
Oct 22- Cree Inc, a maker of light-emitting diodes, reported lower-than-expected first-quarter revenue and forecast current-quarter earnings below analyst estimates, sending its shares down 13 percent in extended trading. Net income rose to $30.5 million, or 25 cents per share, in the first quarter, from $16.1 million, or 14 cents per share, a year earlier.
Oct 22- Kimberly-Clark Corp, maker of Kleenex tissues, posted a bigger-than-anticipated rise in quarterly profit on Tuesday on continued growth overseas as well as global cost cutting.
*China property H-shares rise, A-shares slip after home price data. HONG KONG, Oct 22- Hong Kong shares were knocked off their highest levels in a month early on Tuesday, led by China Mobile after its disappointing third quarterly results kicked off the current results reporting season for key blue chip companies.
Optimism over Hyundai Motor's first major makeover of its key models may fizzle as some question whether the redesigns are too conservative.
LOS ANGELES, Oct 21- Subscription video company Netflix Inc added 1.3 million customers to its U.S. streaming business during the quarter that ended in September, helping to boost earnings past analyst expectations to 52 cents per share. Shares of Netflix, one of the year's biggest gainers, jumped 10.6 percent in after-hours trading on the Nasdaq.
Oct 21- Gannett Co Inc, the largest U.S. newspaper chain, reported a 4 percent drop in third-quarter revenue on Monday on declining advertising sales, mainly at its papers, sending shares down 6.5 percent. Gannett, whose properties include USA Today, started charging for digital content a year ago at its U.S. newspapers.
Oct 18- General Electric Co on Friday posted a record backlog of orders that the company said positioned it well for 2014, lifting shares and overshadowing a decline in quarterly profit and revenue. Orders grew 18 percent in the United States and 17 percent in Europe, helped by bookings for products such as wind turbines and oil pumps.