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  • Guidewire Software beats Street 2Q forecasts Monday, 2 Mar 2015 | 4:30 PM ET

    FOSTER CITY, Calif. _ Guidewire Software Inc. on Monday reported fiscal second-quarter net income of $4 million, after reporting a loss in the same period a year earlier. Analysts expected $86.1 million, according to Zacks. For the current quarter ending in April, Guidewire Software expects its results to range from a loss of 9 cents per share to a loss of 6 cents per...

  • *Markit manufacturing hits 4- month high, ISM hits 13- month low. NEW YORK, March 2- The Nasdaq on Monday closed above 5,000 for the first time since the year 2000 dot.com bubble as tech stocks were boosted by deals, while the S&P 500 and Dow indexes hit records after economic data pointed to a slowly accelerating economy. Real earnings and revenue are driving the...

  • DTS beats Street 4Q forecasts Monday, 2 Mar 2015 | 4:27 PM ET

    CALABASAS, Calif. _ DTS Inc. on Monday reported fourth-quarter profit of $1.9 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share. Analysts expected $34 million, according to Zacks.

  • Palo Alto reports 2Q loss Monday, 2 Mar 2015 | 4:24 PM ET

    SANTA CLARA, Calif. _ Palo Alto Networks Inc. on Monday reported a loss of $43 million in its fiscal second quarter. Analysts expected $203.4 million, according to Zacks. Analysts surveyed by Zacks had expected revenue of $209.8 million.

  • NEW YORK, March 2- Shares of Lumber Liquidators Holdings Inc were down more than 20 percent on Monday after the CBS news program "60 Minutes" said its products failed to meet safety standards, allegations the hardwood flooring retailer denied. While Lumber Liquidators has been under pressure since 2013, new concerns about its business emerged after "60 Minutes"...

  • *Markit manufacturing hits 4- month high, ISM hits 13- month low. It was boosted by chipmakers NXP Semiconductors NV, Intel Corp as well as network equipment maker Cisco Systems Inc after two big deal announcements. Shares of chipmaker NXP rose 17 percent to $99.35 after it agreed to buy smaller peer Freescale Semiconductor Ltd to create a company valued over $40...

  • *Markit manufacturing hits 4- month high. NEW YORK, March 2- U.S. stocks advanced on Monday, with the Nasdaq nudging above the 5,000 mark for the first time in 15 years, as a round of mixed data pointed to a slowly accelerating economy. Fundamentals are good enough at technology companies, the biggest group on Nasdaq, that the index should be able to stay above 5000, said...

  • NEW YORK, March 2- DoubleLine Funds, an investment firm that has been a major competitor to bond fund Pimco, on Monday reported a net inflow of $1.59 billion in February, compared with a record net inflow in January of $3.04 billion. The Los Angeles- based firm, co-founded by Jeffrey Gundlach, said the DoubleLine Total Return Bond Fund, the firm's largest fund by total...

  • TOANO, Va.— Lumber Liquidators is refuting a "60 Minutes" report that raised health concerns about some of its laminate flooring products and pushed its stock price to its lowest level in more than two years. In a Monday filing with the Securities and Exchange Commission, Lumber Liquidators said all of its laminate flooring meets the safety standards set by...

  • Biotech drugmaker Amgen Inc.' s blood cancer drug Kyprolis doubled the time it kept the disease from worsening, compared with rival drug Velcade, according to the company. Amgen, based in Thousand Oaks, California, on Sunday released interim results from its study. The Amgen- funded study, known by the acronym ENDEAVOR, included 929 patients who had relapsed after...

  • NEW YORK, March 2- New York City's 1.1 million public school students were allowed for the first time in years to take their cellphones to school on Monday, when a controversial ban on them was lifted. "I think it's way past time for this ban to be lifted," said Mona Davids, who heads the New York City Parents Union. Schools in major cities across the United States,...

  • NEW YORK, March 2- Shares of Lumber Liquidators Holdings Inc dropped more than 20 percent on Monday after a news report said its products failed to meet safety standards, allegations the hardwood flooring retailer denied. While Lumber Liquidators has been under pressure since 2013, new concerns about its business emerged after the CBS news program "60 Minutes"...

  • JACKSON, Miss.— The Mississippi attorney general's attempt to investigate Google is on hold for at least four more months. District Judge Henry T. Wingate on Monday granted Google's request for a preliminary injunction. The order prevents Attorney General Jim Hood from going through with a subpoena meant to examine whether Google is facilitating illegal...

  • *Markit manufacturing hits 4- month high, ISM hits 13- month low. NEW YORK, March 2- U.S. stocks advanced on Monday to push the Nasdaq above the 5,000 mark for the first time in fifteen years, as a round of mixed data pointed to a slowly accelerating economy. "Five thousand on the Nasdaq, it's been a long time coming," said Peter Kenny, chief market strategist at Clearpool...

  • Vega, Llamas to be weekend anchors for ABC Monday, 2 Mar 2015 | 11:05 AM ET

    The network said Monday that Vega, who has worked for ABC since 2011 after working in local news in San Francisco, will work on Saturdays. Llamas, who came to ABC from NBC's New York affiliate, will work Sunday night. ABC is part of The Walt Disney Co..

  • Core-Mark beats 4Q profit forecasts Monday, 2 Mar 2015 | 9:48 AM ET

    SOUTH SAN FRANCISCO, Calif. _ Core-Mark Holding Co. on Monday reported fourth-quarter profit of $14.6 million. Core-Mark expects full-year earnings in the range of $2.26 to $2.33 per share, with revenue in the range of $10.7 billion to $11 billion. Core-Mark shares have increased 10 percent since the beginning of the year.

  • SAN FRANCISCO— Hewlett-Packard is buying wireless networking company Aruba Networks for about $2.7 billion, in what amounts to HP's first major acquisition since its disastrous purchase of a British software company in 2011.. Aruba, based in Sunnyvale, California, makes Wi-Fi networking systems for shopping malls, corporate campuses, hotels and...

  • *Manufacturing data expected from Markit, ISM. *HP to buy Aruba Networks. At 9:45 a.m., data will be released on the manufacturing sector by financial data firm Markit, following shortly afterwards by the Institute for Supply Management's reading on the manufacturing sector at 10:00 a.m..

  • NEW BRUNSWICK, N.J.— Cardinal Health is offering to buy a unit of Johnson& Johnson that makes heart devices for approximately $1.94 billion. Johnson& Johnson's Cordis business, which is based in Fremont, California, had 2014 revenue of about $780 million. Cordis has operations in more than 50 countries, including China, Japan, Germany, Italy, France, the U.K. and Brazil.

  • Portola Pharmaceuticals posts 4Q loss Monday, 2 Mar 2015 | 9:21 AM ET

    SOUTH SAN FRANCISCO, Calif. _ Portola Pharmaceuticals Inc. on Monday reported a loss of $39.3 million in its fourth quarter. Portola Pharmaceuticals shares have increased 34 percent since the beginning of the year. Keywords: Portola Pharmaceuticals, Earnings Report.