It's Talking Squawk, the official "Squawk Box" blog, this week with Bill Miller on bitcoin, a truce between eBay and Carl Icahn, and Sam Zell on taxes.» Read More
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Advanced Micro Devices Inc. rose 1.6 percent to $3.71 with 22,506,600 shares traded. Alcoa Inc. rose 2.6 percent to $12.86 with 29,500,100 shares traded.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. AT&T Inc. rose. 5 percent to $35.72 with 17,267,100 shares traded. Advanced Micro Devices Inc. fell 3.4 percent to $3.87 with 15,166,900 shares traded.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. AT&T Inc. rose. 3 percent to $35.75 with 15,311,200 shares traded. Advanced Micro Devices Inc. fell 1.1 percent to $3.96 with 14,916,500 shares traded.
"Companies are really digging in on identifying what areas it makes sense to focus their benefits programs," said Robert Newbury, director at pay consulting firm Towers Watson.
Shares of chipmaker Advanced Micro Devices rose by more than six percent Friday following an appearance on CNBC by its CEO.
The "Fast Money" traders share their final trades of the day.
NEW YORK, Feb 7- Rengan Rajaratnam, the younger brother of imprisoned hedge fund manager Raj Rajaratnam, urged a U.S. judge on Friday to dismiss insider trading charges leveled against him last year. A grand jury subsequently indicted Rengan Rajaratnam, a former portfolio manager at Galleon, in March 2013 on seven counts of conspiracy and securities fraud.
SAN JOSE, Calif., Jan 28- Facebook Inc's executive in charge of revolutionizing data centers on Tuesday lauded low-energy server technology that is expected to compete against heavyweight Intel Corp..
SAN JOSE, Calif., Jan 28- Facebook Inc's hardware whiz in charge of revolutionizing data centers lauded on Tuesday low-energy server technology which is expected to compete against heavyweight Intel Corp..
U.S. stocks traded mixed Wednesday as Wall Street appraised results.
*IBM shares fall on weak revenue, pressuring Dow. International Business Machines Corp lost 3.5 percent to $181.88, the biggest drag on both the Dow and S&P 500, after the tech giant missed revenue expectations for a fourth straight quarter amid weakening demand, particularly in growth markets like China.
Weak PC sales, tough competition from Intel Corp and a drop in revenue from gaming consoles after a strong holiday season were responsible for the weak forecast, analysts said. Canaccord Genuity cut its price target to $5 from $6, while FBR Capital Markets lowered its by 50 cents to $5.50.
*IBM, Coach fall after earnings. IBM shares lost 3.3 percent to $182.24 and were the biggest drag on both the Dow and S&P 500 indexes. Norfolk Southern Corp jumped 6.4 percent to $94.39 as one of the best performers on the S&P 500. The railroad posted a 24 percent rise in quarterly income that beat Wall Street expectations.
*IBM, Coach fall in premarket after earnings. *IBM shares lost 3.9 percent to $181.10 before the opening bell. *Coach Inc tumbled 7.6 percent to $48.55 in premarket trading after it said sales in North America fell further in the final quarter of 2013, as it lost share in the handbag business to fast-growing rivals such as Michael Kors Holdings Ltd and Kate Spade.
*IBM, Coach fall in premarket after earnings. *IBM shares lost 3.6 percent to $181.75 before the opening bell after the world's biggest technology services company missed revenue expectations for a fourth straight quarter amid weakening demand, particularly in growth markets like China.
Some of the names on the move ahead of the open.
"Results are running light, and negative announcements have been off the hook," one analyst said amid a spate of disappointing reports.
*Dow Chemical jumps on Third Point stake. *Verizon, Travelers and J&J all fall after results. The S&P materials index rose 0.6 percent as one of the best performing major S&P indexes, led by a 6.6 percent gain in Dow Chemical to $45.93.
Companies making headlines after the bell:
IBM earnings after the close are important. They've missed the last couple times, and traders say the company may be primed for a beat.