U.S. stock index futures pared their gains Thursday following policy announcements from both the Bank of England and the European Central Bank and as investors digested a pair of mixed economic reports.
*Greenlight's Einhorn sues Apple, seeks bigger payout; Apple shares up 1 pct. The euro sank after European Central Bank President Mario Draghi said the exchange rate was important to growth and price stability, which investors took as a sign the bank is concerned about the euro's advance in recent days.
Feb 6- Internet content delivery company Akamai Technologies Inc forecast current-quarter revenue below analysts' expectations as the company plans to wind down some media contracts, sending its shares down 16 percent. The company expects first-quarter adjusted earnings of 50 cents to 52 cents per share on revenue of $352 million to $362 million.
Feb 6- Internet content delivery company Akamai Technologies Inc reported quarterly revenue below analysts' estimates as online activity during the holiday season was not as strong as expected, sending its shares down 13 percent in after-hours trading.
CAMBRIDGE, Mass.-- Online content-delivery company Akamai Technologies Inc. said Wednesday that its third-quarter earnings rose 14 percent from a year ago as revenue grew. Net income in the three months to Sept. 30 rose to $48.2 million, or 27 cents per share, from $42.3 million, or 23 cents per share, a year ago.
Check out which companies are making headlines after the bell Wednesday.
If you’re a short-term trader, market pro Jon Najarian says the recent price action in Akamai and LVS are sending valuable signals.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."