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Nov 1- Printing services provider RR Donnelley& Sons Co, which mistakenly filed Google Inc's earnings report ahead of schedule two weeks ago, said it has put measures in place to prevent any such incidents in the future.
Nov 1- Printing firm RR Donnelley& Sons Co reported third-quarter revenue that missed analysts' estimates, hurt by weak printing volumes, and it lowered its full-year forecast. For the full-year 2012, the company lowered its revenue forecast to $10.1 billion to $10.2 billion from its earlier forecast of $10.4 billion to $10.5 billion.
CHICAGO-- R.R. Donnelley& Sons Co.' s third-quarter net income dropped 55 percent as volumes and prices declined, with an extra hit from one-time charges like acquisition costs and the lack of a tax benefit from last year. R.R. Donnelley reported Thursday that it earned $71.4 million, or 39 cents per share, compared with $158 million, or 83 cents per share, a year ago.
NEW YORK-- Google plummeted almost $80 per share, more than 10 percent, and trading in the stock was halted two and a half hours Thursday after a disappointing earnings report was published ahead of schedule and surprised investors. Google was trading at $754 per share at 12:30 p.m. EDT, then fell almost $20 in a minute after investors saw the report, a draft.
A sharp drop in Google's stock dragged the Nasdaq composite down 1 percent after a weak earnings report for the company was inadvertently released hours ahead of schedule. The Nasdaq lost 31 points to close at 3,073. An 8 percent drop in Google, the third-largest component in the Nasdaq after Apple and Microsoft, was a big factor.
TRENTON, N.J.-- Shares of RR Donnelley fell and then partially recovered Thursday amid news the printer and communications consultant had mistakenly filed a draft version of client Google Inc.' s third-quarter financial results to the Securities and Exchange Commission hours before the final version was to be submitted.
Google plunged 9 percent after it accidentally released a weak earnings report hours ahead of schedule. "This is a market that's waiting for a clear catalyst," said Quincy Krosby, market strategist at Prudential Financial. Google's stock dropped $68.19 to $687.30 before trading was suspended.
Oct 1- R.R. Donnelley& Sons Co:. *Rr donnelley awarded new multi-year print management agreement by guideposts. *Says been awarded a new multi-year multi-million dollar enterprise-wide print.
Earlier in the session, shares of Papa Johns were up as much as 20.8 percent, their best one-day gain ever.
Paraskevidekatriaphobia is the fear of Friday the 13th, but investors should not be too frightened.
Gamestop short-interest reached nearly 38 percent of its float, putting the retailer of video game products at the top of the most shorted stocks in the S&P 500 index.
Since the beginning of the year, buying the losers and selling the winners seems to have paid off.
Short interest in Barnes & Noble and Diamond Foods is among the highest in the S&P 1,500 index, with more than 50 percent of their float sold short.
Short interest in Teradyne and R.R. Donnelley & Sons increased 34 percent and 16 percent, respectively, in the past month, with more than 10 percent of their float sold short.
With May coming to an end today, here is a look at the best and worst performing stocks within the major US averages, as of midday trading.
Each quarter near the end of the earnings season, CNBC.com publishes a list of 20 stocks in the S&P 500 trading at the greatest premiums or discounts to their analysts’ consensus target prices.
What follows is a roundup of corporate earnings reports for Wednesday, May 4.
Jim Cramer, Host of Mad Money, said investors willing to venture into the stock market should seek yields when asked about Tuesday's global sell-off. Here is a look at some stocks in the S&P 500 yielding more equal or greater than 3.5 percent.
What follows is a look at stocks in the S&P 500 displaying unusual volume in today's trading session.
It's the basic question when investing in a stock: is it on the way up or will it go down? Which stocks do analysts on average predict will have the biggest pop? Click ahead to find out!