U.S. stock index futures pointed to a lower open on Tuesday, ahead of first-quarter earnings early in the day from three Dow-listed companies.» Read More
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. fell 3.8 percent to $34.92 with 56,542,500 shares traded. Advanced Micro Devices Inc. fell 1.2 percent to $4.25 with 28,731,400 shares traded.
NORWALK, Conn.— Xerox's first-quarter net income fell 5 percent as it dealt with higher-than-expected investments in its government health care business and lower revenue in its document-technology business. Xerox earned $281 million, or 23 cents per share, for the three months ended March 31.
April 22- Xerox Corp cut its full-year earnings forecast as growth stalled in its services business and margins contracted due to higher investment on U.S. health insurance exchange platforms, sending its shares down about 5 percent in premarket trading.
April 22- Xerox Corp reported a 5 percent fall in first-quarter profit, hurt by dwindling revenue from its printing business and slowing growth in the services unit. The net income attributable to Xerox fell to $281 million for the three months ended March 31, from $296 million a year earlier. On a per share basis, net income was flat at 23 cents.
A look at the winners and losers created by the botched rollout of many Obamacare health exchanges.
Hewlett-Packard will outline plans to enter the commercial 3-D-printing market in June.
SAN FRANCISCO, March 19- Hewlett-Packard Co will outline plans to enter the commercial 3 D-printing market in June, saying it has solved a number of technical problems that have hindered broader adoption of the high-tech manufacturing process.
Ursula Burns, Chairman and CEO of Xerox, discusses the company's evolving business model. We have switched from a technology company to a services company, explains Burns.
March 10- EBay Inc on Monday rejected activist investor Carl Icahn's two nominees to its board, saying both were unqualified, and urged shareholders to vote against them at its next annual meeting. EBay said since each Icahn nominee currently sits on four public company boards, they are not in compliance with eBay's guidelines on "overboarding.
NEW YORK, March 6- Shopping for employee health insurance on private marketplaces might be the way of the future for tens of millions. However, expert opinions about growth have been based on projections, not actual consumer behavior in the exchanges that only really got going last year.
SAN FRANCISCO, March 4- Apple Inc's Chief Financial Officer Peter Oppenheimer will retire and hand the reins to Luca Maestri in September, entrusting to the Italian-born executive a cash pile the size of Vietnam's economy and the difficult task of guiding Wall Street's expectations. The 50- year-old born in Rome is taking over with Apple at a crossroads.
SAN FRANCISCO, March 4- Apple Inc's Chief Financial Officer Peter Oppenheimer will retire and hand the reins to Luca Maestri in September, transferring financial stewardship of the world's largest technology company to the Italian-born corporate controller. Apple's shares were up 0.6 percent at $530.87.
Some American women say it's still difficult to gain a seat in corporate boardrooms. The numbers bear them out.
March 4- Apple Inc said Chief Financial Officer Peter Oppenheimer will retire at the end of September, handing over to Corporate Controller Luca Maestri in what Chief Executive Tim Cook described as an orderly succession put in place by his CFO.
March 4- Apple Inc said Chief Financial Officer Peter Oppenheimer would retire at the end of September. Luca Maestri, Apple's vice president of finance and corporate controller, will succeed 51- year-old Oppenheimer as CFO, reporting to Chief Executive Tim Cook.
Jan 28- Printer maker Lexmark International Inc reported better-than-expected quarterly results, helped by higher revenue from its managed print services and software businesses, sending its shares up 7 percent before the bell.
Some of Monday's midday movers:
U.S. bonds pushed higher on Friday, after disappointing manufacturing data from both the U.S. and China revived the safe haven bid for Treasurys.
U.S. stock prices could continue to correct, but it's too soon to say whether this is the big one.
U.S. stock index futures pointed to another steep loss on Friday, with European and Asian shares trading lower.