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  • UPDATE 1-Rackspace raises buyback to up to $1 bln Monday, 10 Aug 2015 | 5:04 PM ET

    Aug 10- Web hosting company Rackspace Hosting Inc reported a 11 percent rise in quarterly revenue and raised its share buyback program to up to $1 billion, sending its shares up 5.4 percent in extended trading on Monday. The company is facing tough price competition from Amazon.com Inc, Google Inc and Microsoft Corp for cloud services that includes online...

  • FRANKFURT/ HELSINKI, Aug 10- Nokia is hiring software experts, testing new products and seeking sales partners as it plots its return to the mobile phone and consumer tech arena it abandoned with the sale of its handset business. It sold its handset business to Microsoft in late 2013 and has since focused squarely on making telecoms network equipment.

  • NEW YORK, Aug 9- The question investors are pondering during the remainder of the northern hemisphere summer is whether major stock markets can sustain this year's relatively high valuations given the slump in commodity prices, a firm U.S. dollar, and the likelihood of a Federal Reserve interest rate rise in September. The U.S. monthly employment report on...

  • The company's shares jumped as much as 7 percent to $80.14 in regular trading, after Bloomberg reported that ValueAct had built a $1 billion stake and was seeking "shareholder-friendly" changes. AmEx is not yet a core active target of ValueAct, Bloomberg said, citing people with knowledge of the matter. However, the fund could sell its stake in AmEx if it decides...

  • Share-shrinking stocks expand returns: Strategist Friday, 7 Aug 2015 | 10:34 AM ET
    A Home Depot store in Laguna Hills, California.

    Tobias Levkovich writes about a market-beating strategy of buying companies that serially shrink the number of their shares outstanding.

  • Secretary of State John Kerry expressed confidence on Friday that an ambitious Pacific trade pact could be completed this year and said a recent nuclear deal with Iran proved hurdles in international agreements could be overcome. Kerry likened the TPP talks to a deal negotiated over 18 months between Iran and six other countries to lift sanctions in return...

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed lower, with the Nasdaq off 1.6 percent, as investors weighed declines in oil and disappointing earnings ahead of the jobs report.

  • WASHINGTON, Aug 6- The number of Americans filing new applications for unemployment benefits rose less than expected last week, suggesting labor market conditions are continuing to tighten. Initial claims for state unemployment benefits increased 3,000 to a seasonally adjusted 270,000 for the week ended Aug. 1, the Labor Department said on Thursday.

  • US layoffs hit nearly 4-year high in July: Challenger Thursday, 6 Aug 2015 | 7:30 AM ET
    US Marines board a transport aircraft headed to Kandahar, Afghanistan

    Job cuts surged to 105,696 in July as the military announced plans to reduce troop and civilian workforce payrolls.

  • When a petition won't do: Pies and protests Thursday, 6 Aug 2015 | 3:18 AM ET
    A protester jumps on the table in front of the European Central Bank President Mario Draghi during a news conference in Frankfurt, April 15, 2015.

    CNBC takes a look at the more memorable and messy protests that have taken place in recent years.

  • Aug 5- Netflix Inc is offering up to a year of paid maternity and paternity leave for employees to care for a newborn or newly adopted child, significantly raising the bar for parental benefits in corporate America. "Netflix's continued success hinges on us competing for and keeping the most talented individuals in their field," Netflix Chief Talent Officer...

  • You won't believe these company perks Wednesday, 5 Aug 2015 | 2:45 PM ET
    Gym fitness

    Companies are rolling out a growing list of lifestyle-oriented benefits aimed at engaging and retaining top talent. Here are the tops.

  • Netflix offers employees a year of parental leave Wednesday, 5 Aug 2015 | 2:42 PM ET

    Aug 5- Netflix Inc is offering up to a year of paid maternity and paternity leave for employees to care for a newborn or newly adopted child, significantly raising the bar for parental benefits in corporate America. "Netflix's continued success hinges on us competing for and keeping the most talented individuals in their field," Tawni Cranz, Netflix's Chief...

  • Neflix offers employees a year of parental leave Wednesday, 5 Aug 2015 | 2:41 PM ET

    Aug 5- Netflix Inc is offering up to a year of paid maternity and paternity leave for employees to care for a newborn or newly adopted child, significantly raising the bar for parental benefits in corporate America. "Netflix's continued success hinges on us competing for and keeping the most talented individuals in their field," Tawni Cranz, Netflix's Chief...

  • Sell a bad Apple? Think again Wednesday, 5 Aug 2015 | 1:27 PM ET
    Apple

    Apple is in correction territory and gets a new downgrade, but one analyst says investors may not want to rush for the exit.

  • Apple whipping boy Microsoft making a comeback Wednesday, 5 Aug 2015 | 6:00 AM ET
    The Microsoft logo is seen at the Microsoft store in New York City, July 28, 2015.

    Apple whipping boy Microsoft makes a comeback thanks to the cloud.

  • A trader on the floor of the New York Stock Exchange.

    U.S. stocks closed lower as investors eyed further declines in Apple and slight recovery in oil, amid continued focus on the timing of a rate hike.

  • Got growth? Investors shun titans of buybacks Tuesday, 4 Aug 2015 | 12:00 AM ET
    An Apple store in New York.

    Share-repurchasing tech giants have not fared too well this earnings season. Here’s what that says about the state of the rally.

  • Traders on the floor of the New York Stock Exchange.

    U.S. stocks closed lower as investors weighed mostly lackluster economic data and a renewed decline in oil, amid overseas news.

  • Microsoft CEO details timeline for HoloLens dev kit Monday, 3 Aug 2015 | 12:02 PM ET

    Developers will be able to play with Microsoft's augmented reality headset within the next year, Satya Nadella tells the BBC.