Some of Thursday's midday movers:» Read More
The beginning of the second quarter of 2007 had a slow start at the box office. The first five weeks of Q2 were down 7.2% from the same period a year ago. But this week, all of that will change with "Spider-Man 3" opening on a whopping 4,000 screens on Friday, starting with some midnight screenings Thursday night.
Excluding items, Genworth earned 75 cents a share, short of expectations. The company was seen reporting earnings of 77 cents a share, based on a consensus estimate compiled by Thomson Financial.
Stocks posted their fourth straight week of gains, pushing the Dow Jones Industrial Average to its third record close in row. The markets were boosted by better-than-expected corporate earnings, which managed to outweigh a weaker-than-expected estimate of first-quarter economic growth.
With the Dow Jones Industrial Average hitting another record, investors are asking: buy or sell? Robert Zagunis, co-portfolio manager at Jensen Investment Management, and Jeff Mortimer, portfolio manager for Schwab Core Equity Funds, gave "Closing Bell" viewers their answer: buy.
General Electric should spin off its NBC and GE Money units and its real estate assets to unlock value in the core company, Citigroup analyst Jeffrey Sprague said on Friday. As a stand-alone company, NBC would be better able to explore acquisitions or sell itself to a larger media company, he said.
Hey everyone. Timothy Sykes has some late week contest picks for you. And like we said about Jeff Mishlove, this is an imperfect science, but Timothy's putting in a lot of hard work and it's greatly appreciated. Here's his post: My “Early Week Contest Picks” have each reported earnings so the results are in. Out of the seven, most are flat, TZOO is down 20%, ANAD is down about 7% and ESRX is the lone winner up approximately 10%. TZOO really...
Women's clothing and lingerie retailer Limited Brands, which owns Express and Victoria's Secret, is close to selling its apparel business, a trade publication reported today.
Richard Branson, chairman of Virgin Group, told CNBC’s Phil LeBeau that Virgin Atlantic Airways plans to test bio-fuels next year in an effort to reduce carbon emissions and increase efficiency.
The face of Hannibal Lecter was no match for Shia LaBeouf in a box-office battle of murder thrillers.
The subprime search: When the year began, the word “subprime” wouldn’t have registered a blip on anyone’s radar. I think it’s safe to say that certainly isn’t the case now, thanks to the troubles of New Century Financial, and other lenders who dealt with people with less than perfect credit. Now, whenever we see a headline involving mortgages, we all think the same thing: Subprime? We asked that question twice in the past two days -- and the answer was “yes” both times.
I know I've blogged about green building before, but humor me if you will, because I'm not going to let Earth Day go by without reminding everyone of the enormous and growing potentials of going green at home. Now I'm no Al Gore, but one trip to the International Home Builders Show in Orlando a few months ago had me ready to rip out my century-old insulation and put a timer on every light switch.
Every year the TV networks gather with advertisers at Radio City Music Hall in New York in mid-May. The TV nets trot out their new shows, trying to lure advertisers with big parties and big promises of big hits, everyone hoping to hit the next "Friends." NBC starts off the upfronts on May 14 and I'll be there.
Citing strong growth in Europe and the Middle East, Honeywell International reported a 20% rise in income, cruising past Wall Street estimates and raising its 2007 profit forecast.
General Electric's WMC Mortgage subprime lending unit plans to lay off 771 workers, about half of its staff, a spokeswoman said.
The Virginia Tech gunman sent photographs, videos and writings to NBC in New York before he died in the massacre that left 33 people dead, authorities said Wednesday.
At its "First Look" presentation to advertisers Tuesday -- like the TV Networks ad upfronts -- AOL announced five web broadband deals. Randy Falco presented partnerships with Dreamworks Animation, Ellen, and reality TV guru-producer, Mark Burnett. These big announcements designed to draw advertising dollars, promising advertisers better metrics on who's watching what, than you can get from TV ads.
AMR, parent of No. 1 U.S. air carrier American Airlines, swung to an $81 million profit on Wednesday from a year-ago loss as it filled more seats on planes, charged higher fares and paid less for fuel.
Texas' Attorney General said he filed a court action against CVS/Caremark, after finding customer records including personal information in a trash dumpster behind one of the chain's Texas stores.
Black & Decker raised its first-quarter profit and sales forecasts late Monday, citing strong international demand for power tools and favorable U.S. order trends. Shares of the company rose.
Media company Dow Jones reported a rise in first-quarter operating income that beat the market's expectations Friday, citing strength in its online business and its ability to control costs.