U.S. stocks rose on Thursday, extending gains into a fourth session.» Read More
Phil Bryant on Wednesday signed three bills to limit union activities in Mississippi, saying he hopes they strengthen the state's reputation as a place where organized labor has little influence. Mississippi AFL-CIO president Robert Shaffer said in March that the bills will hurt low-wage workers.
April 17- Google Inc's disappointing first-quarter results left Wall Street unfazed about the internet giant's ability to come to grips with the shift to the fast-growing mobile advertising market. Google shares were down about 3 percent in early trading on Thursday, and at least 12 brokerages cut their target price on the stock.
April 17- Google Inc's disappointing first-quarter results left Wall Street unfazed about the internet giant's ability to come to grips with a shift to the fast-growing mobile advertising market. Google shares were down 2 percent in premarket trading on Thursday and at least 12 brokerages cut their target price on the stock.
*Initially planned to sell 20 mln ADSs at $17- $19 each. April 17- China's Weibo Corp, a Twitter- like messaging service company, raised a less-than-expected $286 million after it cut the size of its U.S. initial public offering amid a selloff in technology shares and concerns about slowing user growth.
WEST, Texas— As word spread of a spiraling fire at this Texas town's fertilizer plant, volunteers raced to protect families and elderly residents who lived nearby.
*Originally planned to sell 20 mln ADSs at $17- $19/ shr. April 16- China's Weibo Corp will be valued at a lower-than-expected $3.46 billion when it goes public on the Nasdaq on Thursday, amidst concerns about the microblogging service's slowing user growth and the country's highly censored media environment.
April 16- China's Weibo Corp priced its initial public offering at $17 per American Depositary Share at the bottom of its planned range, an underwriter told Reuters, valuing the microblogging service at $3.46 billion. The Twitter- like service, owned by web portal Sina Corp, sold 16.8 million American Depositary Shares in the offering, raising $285.6 million.
SAN FRANCISCO, April 16- Disappointing results from Google Inc and IBM may unnerve investors shaken by a strong recent selloff in tech stocks, underscoring the challenges the Internet and IT sectors face as corporate report cards come due in coming weeks.
April 16- Yahoo Inc's Chief Executive Marissa Mayer is working on a plan to persuade Apple Inc to ditch Google as its default search engine in favor of Yahoo, technology news site Re/code reported, citing sources within Yahoo. Mayer's effort is in advanced stages, with a detailed pitch already prepared for Apple executives, the website said.
SAN FRANCISCO, April 16- Google Inc's first-quarter revenue fell short of Wall Street targets and margins narrowed as the price of its ads continued to decline, underscoring the challenges Internet companies face as the world shifts toward mobile devices.
WASHINGTON— Only one-fifth of its track will be equipped with mandatory safety technology to prevent the most catastrophic kinds of collisions and derailments by the deadline set by Congress, the freight railroad industry said Wednesday.
Many analysts still believe Twitter is overvalued after the stock's surge on its purchase of social data firm Gnip. CNBC's Morgan Brennan reports.
CHARLESTON, W.Va.— Scrapping to keep a West Virginia Senate seat Democratic in a state that's sprinted to the right, Natalie Tennant is counting on her allegiance to the coal industry to separate herself from an unpopular President Barack Obama. Mary Landrieu is vying for a fourth term representing Louisiana; Alaska Sen.
April 16- The troubles at BlackBerry Ltd, which fired more than half its staff and lost more than 90 percent of its market value as consumers shunned its smart phones, might have spelled disaster for the company's hometown of Waterloo, Ontario.
The measure drew sharp criticism from LePage and GOP lawmakers because it would have been paid for by raising Mainers' electric bills roughly 60 cents a year. "Maine needs a governor who will lead the state into a cleaner, more prosperous energy future," Glen Brand, director of the Sierra Club Maine Chapter said in a statement.
WEST, Texas— Families of the 15 people killed in a massive explosion at a Texas fertilizer plant have spent the year since the blast navigating the difficult balance between moving forward and digging for answers from the past.
SAN FRANCISCO, April 15- Yahoo Inc again posted anemic quarterly revenue growth as the Internet company's advertising business continues to lag its rivals, nearly two years into Chief Executive Officer Marissa Mayer's comeback effort.
April 16- Yahoo Inc's shares rose as much as 9 percent in heavy trading on Wednesday, a day after Chinese internet company Alibaba Group Holding Ltd, in which it holds a 24 percent stake, reported a surge in quarterly revenue. At least nine brokerages raised their price targets on Yahoo's shares ahead of Alibaba's IPO filing, expected next week.
Every single IPO deal this week has priced below their expected range, including three that came to market late Tuesday.
AUCKLAND, April 16- Internet tycoon Kim Dotcom holds court while bathing in the pool of a sprawling New Zealand mansion, fist bumping and chatting with some of the 700 guests gathered to celebrate the political party he launched last month to promote Internet freedom.