With GE leading the way, the Internet of Things has experts giddy about what it could do not only for the global economy but for industrial stocks.» Read More
SHENZHEN, China, April 23- China's Huawei Technologies Co Ltd, the world's No.2 telecoms equipment maker, on Wednesday shrugged off analysts' concerns that its growth will suffer from media reports alleging the United States accessed servers at its Shenzhen headquarters.
Some of the biggest names in Corporate America, including Coca-Cola Co, General Motors Co, United Technologies Corp and McDonald's Corp all in the past week reported strong results from their China operations.
April 22- Virtualization software maker VMware Inc reported a better-than-expected 14 percent rise in first-quarter revenue as more customers opted for its cloud infrastructure services and big business clients renewed software licenses. Long-term license agreements, including maintenance and support, make up a quarter to a third of VMware's sales.
Apple Inc. rose $6.23 or 1.2 percent, to $531.17. Hewlett Packard Co. rose$. 01 or percent, to $31.94. International Business Machines Corp. rose $2.26 or 1.2 percent, to $192.27.
Apple Inc. rose $5.75 or 1.1 percent, to $530.69. Hewlett Packard Co. rose$. 11 or. 3 percent, to $32.04. International Business Machines Corp. rose $2.44 or 1.3 percent, to $192.45.
Apple Inc. rose $3.69 or. 7 percent, to $528.63. Hewlett Packard Co. rose$. 47 or 1.5 percent, to $32.40. International Business Machines Corp. rose $2.49 or 1.3 percent, to $192.50.
*Results from Netflix expected after the market close. *The S&P 500 had its best week since July last week, boosted by strong results from such names as General Electric Co and Morgan Stanley. However, thus far the earnings season has been mixed, with technology names like Google Inc and IBM struggling to impress investors.
Markets in Europe, the U.S. and many countries in Asia were closed for the holiday. On Thursday, global stocks were subdued after Google and IBM reported weak results, even though General Electric was optimistic and Goldman Sachs and Morgan Stanley beat expectations.
NEW YORK— A federal judge on Thursday declined to toss out decade-old lawsuits that accuse IBM Corp. and Ford Motor Co. of supporting apartheid by letting their subsidiaries sell computers and cars to the South African government.
Several behemoths, including Apple, the largest U.S. company by market value, as well as Microsoft, McDonald's and AT&T, are due to report earnings.
NEW YORK, April 17- Ford Motor Co and IBM Corp will again have to face a U.S. lawsuit claiming they encouraged race-based human rights abuses in apartheid-era South Africa, despite a series of recent court decisions limiting the right to pursue such cases.
*Google, IBM shares fall a day after posting earnings. NEW YORK, April 17- U.S. stocks ended a holiday-shortened week with mostly modest gains on Thursday, though the S&P 500 notched its biggest weekly advance since July as Morgan Stanley and General Electric rallied after strong results.
NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Western Union Co., down 80 cents to $15.25. Barnes& Noble Inc., down $2.23 to $16.37.
Stocks wavered between gains and losses on Thursday amid a slew of quarterly earnings.
There are surprisingly few signs that equity hedge funds have made big changes to their portfolios following losses.
CNBC's Herb Greenberg explains why he thinks IBM should have sold off more today.
*Google, IBM shares fall a day after posting earnings. NEW YORK, April 17- U.S. stocks advanced slightly in choppy trading on Thursday after three days of gains, as underwhelming results from tech bellwethers Google and IBM were offset by upbeat quarterly numbers, including those from Morgan Stanley and General Electric.
The "Fast Money" traders share their final trades of the day.
Quarterly results from Morgan Stanley, Goldman Sachs and General Electric improved risk sentiment, though results from tech heavyweights Google and IBM Corp were disappointing. "When we look at the U.S. results coming out today, there was a predominantly positive beat overall," Gerhard Schwarz, head of equity strategy at Baader Bank, said.
Discussing the case for stocks, with Ed Yardeni, president and chief investment strategist of Yardeni Research. He thinks the market had an "internal correction."