U.S. stocks climbed Thursday as earnings from Apple and a better-than-expected durable goods number.» Read More
SAN FRANCISCO, April 24- Google Inc's head of social networking services, Vic Gundotra, announced on Thursday that he is leaving the Internet search company. Gundotra, who has worked at Google for eight years, did not say where he was going in a message he posted on the Google+ social network announcing the move.
April 24- Author Michael Lewis' claim that the U.S. stock market is rigged was "irresponsible," but the debate it has sparked could lead to positive change, said Bob Greifeld, chief executive of Nasdaq OMX Group, which reported higher earnings on Thursday.
Amazon.com Inc, Cisco Systems Inc, Facebook Inc, Google Inc, IBM, Intel Corp and Microsoft Corp are among a dozen companies that have agreed to be founding members of a group known as Core Infrastructure Initiative. Other early supporters are Dell, Fujitsu Ltd NetApp Inc, Rackspace Hosting Inc and VMware Inc.
*Apple rallies, announces 7- for-1 stock split. *Caterpillar gains after results; Verizon, 3 M fall. NEW YORK, April 24- U.S. stocks rose in a volatile session on Thursday as Apple and Caterpillar were the latest high-profile names to post bullish results, though gains were limited by a resurgence of concerns related to Ukraine.
*Russia launches army drills near Ukraine border. NEW YORK, April 24- Global stock markets and the dollar pulled back from strong early gains on Thursday on worries about rising tensions in Ukraine, but U.S. technology shares were higher on upbeat earnings from Apple and Facebook.
NEW YORK— Bad news for lazy dogs: A new device, called Whistle, lets pet owners track how much exercise— or sleep— their four-legged friends are getting. Whistle is similar to popular activity trackers designed for humans. At $129, it is as pricey as some of the latest human fitness trackers from the likes of FitBit and Jawbone.
In 25 years the U.S. dollar will probably still be the world's reserve currency, and bitcoin may not be around at all.
Arvind Bhatia, Sterne Agee managing director & senior research analyst, and Scott Kessler, S&P Capital IQ senior equity analyst, discuss Facebook's mobile ad revenue and address investor concerns.
*Apple rallies, announces 7- for-1 stock split. *Caterpillar gains after results; Verizon, 3 M fall. NEW YORK, April 24- U.S. stocks were flat in volatile trading on Thursday, with indexes cutting early gains on a resurgence of concerns related to Ukraine, though Apple jumped following its results.
Investors liked what they saw in Facebook and Apple, but Wall Street fell after a slew of earnings and data couldn't sustain the bounce.
Automated trading and government regulation are transforming the Wall Street ecosystem. Will these forces make the financial epicenter obsolete?
BEIJING— China plans to revoke two crucial publication licenses for Sina.com, which might partially ban the web giant's operations, because obscene content was found during an anti-pornography crackdown, state media said Thursday. Sina apologized for "the suspected problem" of pornographic content on its literature and video sites.
"Squawk on the Street" news team discuss Facebook's first quarter profits and mobile ad strategy. "They have not even begun to monetize Instagram," Cramer says.
*Tech results lift Nasdaq futures, Apple and Facebook rally. NEW YORK, April 24- U.S. stock index futures were higher on Thursday, with Nasdaq futures jumping more than 1 percent following a pair of blowout results from technology stalwarts Apple and Facebook.
LONDON, April 24- Global stocks rose on Thursday lifted by upbeat earnings from tech heavyweights Apple and Facebook which helped shake off some of the concerns about overheating that have dented the sector in recent weeks.
Amazon.com Inc, Cisco Systems Inc, Facebook Inc, Google Inc, IBM, Intel Corp and Microsoft Corp are among a dozen companies that have agreed to be founders of the group, known as Core Infrastructure Initiative. The non-profit Linux Foundation announced formation of the group on Thursday.
Daniel Ernst, Hudson Square Research, weighs in on the departure of Facebook's CFO and the company's evolving identity.
U.S. stock index futures pushed higher on Thursday, as Apple and Facebook's strong earnings boosted early trade in Europe.
Some of the names on the move ahead of the open.
Japanese shares fell 1 percent on Thursday as investors were disappointed with the lack of a Trans-Pacific Partnership deal.