Citing what a busy day it was, a meeting facilitator explained to investors and analysts that “Carl-Henric has other commitments he must fulfill” and that “unfortunately, he has to leave us now.” Mr. Svanberg had taken just four questions from callers.
What follows is a roundup of corporate earnings reports for Friday, July 23.
Recently, market research firm NPD found that during the first quarter of 2010, consumers purchased more Google Android-based devices than iPhones. It was an important win for Google and Android. But for investors, it was eye-opening.
Carl-Henric Svanberg got a summons to the White House to answer President Obama’s questions about the spill. The NYT reports.
Stocks ended mostly higher after a late rally Tuesday as banks and materials rebounded. But tech stocks remained under pressure.
Stocks staged a late rally Tuesday as energy stocks made a comeback. But tech stocks fell after several downgrades.
The Dow pulled off an eighth straight week of gains. It was a straight flush this week, with the Dow ending higher in five of five sessions this week, for a total gain of 1.7 percent.
Stocks erased their gains Friday as Microsoft, Travelers and Verizon weighed on the Dow after disappointing investors with their latest results.
Sony's new retail store in Nagoya, Japan is more hip and up-to-date than the company’s traditional Sony Style outlets and it's emblematic of hte company's struggle to regain its footing after a host of missteps.
What follows is a roundup of corporate earnings reports for Monday, Jan. 25.
By bringing together views from Google, Shell, Ericsson, General Mills along with those from leading academics and governments from around the world, The Future Agenda program has already highlighted 20 key insights on the world in 2020: To date 155 countries are involved.
Following are the day’s biggest winners and losers. Find out why shares of Freeport-McMoRan and Kimberley-Clark popped while Hershey and Ericsson dropped.
Earnings continue to come in largely above expectations, but other factors are waylaying the stock market's recent advances - ranging from Walmart's price cuts to analyst Richard Bove's downgrade of Wells Fargo to rising oil prices.
Cisco has agreed to buy Norwegian videoconferencing company Tandberg for $3 billion in cash, its latest bet that video will drive demand for its data transmission gear. The acquisition fills the gap between Cisco's high-end video meeting service and its WebEx tool.
Stocks finished lower Wednesday despite a late comeback attempt as the weight of disappointing economic news and a weak Treasury auction dragged down major indexes.
Stocks skidded Tuesday after a report showed consumer confidence is waning amid worries about the job market. It was a struggle all morning as investors juggled another batch of disappointing earnings results against an encouraging report on the housing market.
Stocks eked out a gain Monday as banks got a boost from a jump in new-home sales. Stocks had struggled for much of the day as investors worried about a a record $200 billion in Treasury auctions this week and lowered outlooks from Honeywell and Aetna cast a shadow over the market.
The Dow poked into positive territory Monday afternoon, led by Bank of America, as a jump in new-home sales buoyed bank stocks. Still, the blue-chip index struggled to stay above water as worries about a record $200 billion in Treasury auctions this week and lowered outlooks from Honeywell and Aetna cast a shadow over the market.
Stocks got a quick pop Monday after a sharp jump in new home sales, but quickly resumed their decline as lowered outlooks from Honeywell and Aetna cast a shadow over the market.
Following are the week’s biggest winners and losers. Find out why shares of Caterpillar and Merck popped while McDonald's and Ericsson dropped.