Facebook reported earnings and revenue that beat estimates in the second quarter, thanks to its robust mobile ad business.» Read More
July 24- Shares of Angie's List Inc, a review website, fell about 24 percent to a life low after the company forecast current-quarter revenue below analysts' estimates due to higher spending to sign up customers.
NEW YORK— What I find fascinating about Amazon's Fire phone isn't the gizmos such as the 3- D imagery or the camera scanner that helps you get more information about products. Rather, I like that Amazon is thinking a lot about how phones ought to work. The Fire phone uses Android, but Amazon has modified it to the point that it's barely recognizable.
NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. JPMorgan Chase& Co., up $1.98 to $58.27. The tobacco company will be sold to Reynolds American for about $25 billion, creating a formidable rival to Altria Group.
WASHINGTON, July 15- Federal Reserve Chair Janet Yellen said U.S. labor markets are far from healthy and signaled the Fed will keep monetary policy loose until hiring and wage data show the effects of the financial crisis are "completely gone."
The unusual comments from the Fed's monetary policy report- the first time in 14 years that the Fed has commented specifically on valuation of a particular equity sector- that accompanied Fed Chair Janet Yellen's semi-annual testimony to Congress, hit stocks in riskier sectors of the market.
Shares in biotechs and social media stocks fell Tuesday after a Fed report suggested their valuations appear stretched.
Is the housing remodeling boom over? A status update from Lumber Liquidator is acting as a possible canary in the coal mine.
Crumbs' closing is a metaphor for the broader stock market, highlighting how momentum stocks can go bad.
Some of Tuesday's midday movers:
Some of Wednesday's midday movers:
Back to the future: Yext is an online listing service for companies, from mom-and-pop outfits to Fortune 500 enterprises.
*Intel up on outlook, OpenTable soars on Priceline deal. Intel Corp was one of the S&P 500' s biggest gainers and one of Nasdaq's most active name, but overall gains were capped as investors remained cautious about violence in Iraq, which has taken oil prices to their highest since September.
*Priceline's offer of $103/ shr a 46 pct premium. June 13- Travel website owner Priceline Group Inc will buy restaurant reservation website operator OpenTable Inc for $2.6 billion, aiming to broaden its services outside the increasingly competitive online travel industry.
Some of Friday midday movers:
*Intel up on outlook, OpenTable soars on Priceline deal. *Oil remains in focus as Iraq violence continues.
Priceline announces it is buying online reservation site OpenTable for $103 per share, or about $2.6 billion.
*Intel up on outlook, OpenTable soars on Priceline deal. Intel Corp was both the S&P 500' s biggest gainer and the Nasdaq's most active name, jumping 6.2 percent to $29.70 a day after the Dow component raised its full-year revenue outlook, citing stronger-than-expected demand for personal computers used by businesses.
June 13- Travel website operator Priceline Group Inc said it would buy OpenTable Inc for $2.6 billion in cash as it looks to add restaurant bookings to its services. The offer of $103 per share represents a premium of 46 percent to OpenTable's Thursday close.
*Intel up on outlook, OpenTable soars on Priceline deal. NEW YORK, June 13- U.S. stock index futures pointed to a slightly lower on Friday as some positive corporate news supported markets, though ongoing violence in Iraq gave investors pause.
Consumers moving this summer could face higher costs amid a shortage of drivers. How to save.