It's 39-year-old Nick Woodman, the CEO of camera-maker GoPro. The Fiscal Times reports.» Read More
BOSTON, March 25- CEOs at large U.S. companies collectively realized at least $6 billion more in compensation than initially estimated in annual disclosures in the five years after the financial crisis first hit, according to a Reuters analysis. About 300 CEOs who served throughout the 2009-2013 period at S&P 500 companies together realized about $22 billion...
UBS senior analyst Brent Thill says some hot tech names look good on the surface but could see slippery roads ahead.
Jim Cramer highlights why Nike is the model for success in dealing with currency issues.
FRANKFURT, March 20- SAP, Europe's largest software maker, said on Friday it expected the weak euro boost to operating profit growth by up to 14 percentage points, upping its forecast after the currency weakened further in recent weeks. A weak euro makes the German business software maker's products and services more competitive in markets outside Europe.
Apigee's filing on Friday comes nearly two months after the successful listing of online storage company Box Inc and a day after Web-hosting company GoDaddy Inc's proposed IPO valued it at up to $2.87 billion. Apigee, whose customers include AT&T Inc, eBay Inc and Adobe Systems Inc, acquired predictive analytics company InsightsOne in January last year.
*Indexes up: Dow 1.3 pct, S&P 1.2 pct, Nasdaq 0.9 pct. NEW YORK, March 18- U.S. stocks rallied on Wednesday after the Federal Reserve suggested a less aggressive timeline for raising interest rates even as it opened the door for the first hike in almost a decade. "By lowering its expectations for the pace at which rates will rise, it sent a clear signal that it is in no hurry to...
U.S. stocks closed sharply higher as investors cheered the Fed's statement that indicated a rate hike would come later rather than sooner.
*Indexes up: Dow 1.3 pct, S&P 1.4 pct, Nasdaq 1.2 pct. NEW YORK, March 18- U.S. stocks rallied on Wednesday after the Federal Reserve cut its expected pace of growth and inflation, suggesting a less aggressive timeline for raising interest rates even as it opened the door for the first rate hike in almost a decade. "By eliminating' patient' from its guidance it removed an...
NEW YORK, March 18- U.S. stocks climbed on Wednesday, reversing course as the Federal Reserve moved a step closer to its much-anticipated first rate hike since 2006 by removing "patient" from its language. "Some may have been fearing a more hawkish Fed, and that explains the rally we're seeing right now," said John Carey, portfolio manager at Pioneer Investment...
*Alibaba shares little changed as lockup expires. *FedEx falls after lower outlook. NEW YORK, March 18- U.S. stocks fell on Wednesday ahead of a highly anticipated statement and news conference by the Federal Reserve later in the session, with the Fed seen giving clearer clues on how soon it plans to tighten monetary policy.
U.S. stock index futures indicated a lower open on Wednesday ahead of the hotly anticipated statement from the Federal Reserve.
Some of the names on the move ahead of the open.
NEW YORK, March 18- U.S. stock index futures fell on Wednesday ahead of a highly anticipated statement and news conference by the Federal Reserve later in the session, with the Fed expected to give clearer clues on how soon it plans to tighten monetary policy. *A Fed statement is due at 2:00 p.m. EDT, with a press conference by Chair Janet Yellen half an hour later.
The effects of the dollar surge has already been felt by a bevy of U.S. companies. And the earnings and guidance impacts may just be getting started.
"Fast Money" traders looked at how to play Oracle and Adobe, which moved in opposite directions after their quarterly results.
Oracle reported a mixed quarter, but boasted that its growth in the cloud sector may be surprising to some.
Check out the companies making headlines after the bell Tuesday: Oracle, Adobe, Quicksilver & more.
SEATTLE, March 17- Oracle Corp posted flat third-quarter revenue and slightly lower profit as the U.S. dollar strengthened, but the business software maker on Tuesday raised its quarterly dividend 25 percent to 15 cents a share. Shares of Oracle, often a barometer for the technology sector, initially fell but quickly rose 3.3 percent in after-hours trading to...
Oracle reported EPS in line at $0.68 adjusted on a revenue miss of $9.33 billion. Dan Ives, FBR Capital Markets, shares his view of the stock.
March 17- Oracle Corp reported flat revenue for its fiscal third-quarter on Tuesday, held back by the recent rise in the U.S. dollar, but increased its quarterly dividend 25 percent to 15 cents a share. Shares of Oracle, often a barometer for the technology sector, initially fell but quickly rose 0.8 percent in after-hours trading to $43.20. "Although currency...