After-Hours Buzz: Merck, Saks, Intuit, NetApp & More
Javier E. David
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Many corporations are tempering their earnings beats with more than a dollop of caution about the outlook for 2013, which is barely 3 weeks old.
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The final quarter of 2012 treated Corporate America well, with many companies inaugurating the New Year with a batch of quarterly earnings that beat the market's lowered expectations.
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Former U.S. vice president Al Gore recently netted a huge payday by selling his cable station. Now, it appears he's making another big profit buying Apple's stock on the cheap.
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A new trend has begun to sweep the digital world, bearing witness to tablets shrinking at the same time that smartphones are getting bigger.
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Facebook's mystery announcement on Tuesday may not live up to its advance billing, one analyst told CNBC on Tuesday.
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Whipsawed by monetary policy expectations and the U.S.'s struggle to rein in the federal deficit, gold's fundamentals could push the market to even higher peaks.
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"Let's be honest with each other, here," Herbalife CEO Michael Johnson told CNBC Thursday. "He's going to donate all of his profits to charity? He's got participants in that(hedge) fund...Who knows where it's really going?"
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Eli Lilly will be "very challenged" by the loss of exclusivity on several blockbuster drugs, CEO John Lechleiter told CNBC on Tuesday, but added the company can manage its growth in response.
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Rock bottom interest rates will likely boost key stocks in the biotechnology sector, but Obamacare will dampen prospects for HMO shares.
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Citigroup CEO Michael Corbat moved to solidify his management team on Monday, naming two veterans as co-presidents and several others to top positions within the bank.