U.S. stocks closed higher, recovering from the prior day's selloff, as investors eyed higher Treasury yields and looked for signs of economic growth.» Read More
May 4- During John Chambers' 20- year reign at Cisco Systems Inc, the network equipment maker's shares rose more than 1,470 percent and its annual revenue grew from $1.2 billion to $47 billion. However, Cisco shares have lagged every year for the past six years. In 2011, Cisco became the last of the "horsemen" to begin paying a dividend; Microsoft started regular...
MOUNTAIN VIEW, Calif.— Howard University freshman Alanna Walton knew something was different about the professor teaching her introduction to computer science course. In ongoing efforts to diversify Silicon Valley's tech sector, Google is embedding engineers at a handful of Historically Black Colleges and Universities where they teach, mentor and advise...
*Apple and Celgene weigh on Nasdaq, S&P 500. April 30- Wall Street was lower in midday trading on Thursday as Apple weighed on major indexes and investors digested a mixed batch of economic data. Apple fell as much as 2.5 percent to $125.45 and was the biggest drag on the Dow, S&P 500 and the Nasdaq.
BEIJING, April 30- The bidding for a controlling stake in Hewlett-Packard Co's data-networking business in China, worth more than $2 billion, has thrown up a rare tussle between two Chinese state-backed firms who are wrangling over which has Beijing's backing. On Feb. 15, China's National Development and Reform Commission approved Shanghai- based Huaxin to bid...
American Airlines Group Inc. fell 4.5 percent to $48.88 with 17,945,400 shares traded. Apple Inc. fell 1.5 percent to $128.64 with 57,667,800 shares traded. Applied Materials Inc. fell. 1 percent to $20.01 with 30,919,400 shares traded.
Lowe's Orchard Supply Hardware store will debut 3-D printing and scanning services that let shoppers customize their home accents and fixtures.
Apple Inc. fell 1.6 percent to $130.56 with 114,121,900 shares traded. Applied Materials Inc. rose. 4 percent to $20.04 with 54,604,900 shares traded. Cisco Systems Inc. rose 1.5 percent to $29.32 with 24,001,000 shares traded.
*Shares down 15 pct after takeover by Applied Materials scrapped. TOKYO, April 28- Tokyo Electron Ltd shares plunged 15 percent on Tuesday as the scrapping of a $10 billion takeover by Applied Materials Inc left the Japanese firm searching for a new growth strategy amid soaring R&D costs for the chip-production equipment industry. The abandonment of the plan...
The iMaker is out with its report, and “Mad Money” host Jim Cramer has his review.
The "Fast Money" traders give their final trades of the day.
Jim Cramer spoke with the CEO of Intel to find out if the technology can keep up with a changing tech landscape.
Even though the market may be trading at a record, valuations show stocks are still attractive, new research suggests.
Apple Inc. rose 1.8 percent to $132.65 with 77,493,700 shares traded. Applied Materials Inc. fell 8.4 percent to $19.97 with 145,463,300 shares traded. Celladon Corp. fell 80.7 percent to $2.64 with 20,583,100 shares traded.
April 27- TIG Advisors LLC, an investment firm that holds shares in Altera Corp, challenged a nomination to the company's board of directors on Monday over Altera's refusal to engage with Intel Corp about a potential merger. TIG Advisors is the first shareholder to go on the record in a bid to put pressure on Altera. "Stockholders should have right to choose between...
Apple's market capitalization is greater than any other company's. Yet the consensus is that Apple is still having a growth spurt.
U.S. stocks closed higher on Friday, with the Nasdaq setting another record as investors cheered major earnings reports.
*Time Warner Cable rises after Comcast abandons merger. April 24- The Nasdaq Composite hit a 15- year intraday high on Friday afternoon, propelled by strong results from tech behemoths Google, Amazon and Microsoft. Google gained 3.6 percent after reporting higher quarterly results while Microsoft jumped 9.4 percent after it topped estimates.
American Airlines Group Inc. rose 2.4 percent to $52.71 with 19,418,500 shares traded. Apple Inc. rose. 5 percent to $130.28 with 41,790,700 shares traded. Cisco Systems Inc. rose. 5 percent to $28.82 with 26,370,000 shares traded.
April 24- The Nasdaq Composite extended its gains in late morning trading on Friday, hitting a 15- year intraday high, propelled by strong results from tech behemoths Google, Amazon and Microsoft. Google gained 3.1 percent to $575 after reporting higher quarterly revenue and profit and Microsoft added 8 percent to $46.85 after it topped Wall Street estimates.
NEW YORK— Fifteen years after peaking during the dot-com boom, the Nasdaq composite has reached a new all-time high. But this isn't the Nasdaq of Pets.com and Webvan, when companies were valued on "cash burn rates" and "eyeballs." It has ridden a six-year bull market for stocks to close at 5,056.06 on Thursday, surpassing its previous record closing high of 5,048.62,...