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News provided by MSNBC
GM Expects Sharp Earnings Drop
General Motors is likely to report a big hit to earnings Thursday as it continues to work through its ongoing recall problems.Industry analysts forecast GM would deliver a meager 9 cents per share in earnings for the first three months of 2014.
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News ImageNews Image Thu, 24 Apr 2014 00:07:09 GMT
Facebook's Mobile Ads Surge, CFO to Step Down
Facebook's mobile advertising business continued to accelerate in the first three months of the year, helping the Internet social networking company top Wall Street's revenue target.Shares of Facebook were up nearly 3 percent at $63.05 in after-hours trading Wednesday.
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News ImageNews Image Wed, 23 Apr 2014 23:36:06 GMT
Apple Profit Beats Forecast, Splits Shares and Boosts Dividend
Apple posted quarterly earnings and revenue that topped estimates Wednesday and announced a 7-for-1 stock split and an 8-percent dividend increase.The news sent Apple stock soaring over 8 percent in after-hours trading in New York.The company reported earnings of $11.62 a share, on revenue of $45.
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News ImageNews Image Wed, 23 Apr 2014 23:36:06 GMT
Facebook Beats Estimates, CFO to Step Down
Facebook's stock first dropped, then rose, after the company reported earnings that beat investor expectations Wednesday.Chief Financial Officer David Ebersman also said he would step down from the company on June 1, to be succeeded by David Wehner, former CEO of Zynga.
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News ImageNews Image Wed, 23 Apr 2014 21:47:35 GMT
Stocks Mixed at Opening, Boeing's Shares Take Off, AT&T Drops
Stocks were mixed on Wednesday, with Wall Street retreating after a sixth day of gains for the S&P 500 and Nasdaq, as Wall Street gauged earnings from companies including Boeing and AT&T and awaited quarterly results from Apple.
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News ImageNews Image Wed, 23 Apr 2014 21:32:07 GMT
Graduate Students, We Want to Hear From You
Current and former graduate students, we want to hear from you for an upcoming project.When you were faced with the tuition for your graduate program, did you opt to take out loans to get you through? Why or why not?
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News ImageNews Image Wed, 23 Apr 2014 20:45:25 GMT
Zynga Founder Mark Pincus Steps Down From All Operational Roles
Pincus, who founded the social gaming company in 2007, will no longer have employees under his purview.
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News ImageNews Image Wed, 23 Apr 2014 20:45:25 GMT
Apple Profit Beats Forecast, Splits Shares 7-for-1
Apple posted quarterly earnings and revenue that topped estimates Wednesday, and announced a 7-for-1 stock split.The company reported earnings of $11.62 a share, on revenue of $45.6 billion. Analysts expected the company to report earnings excluding items of $10.18 a share on $43.
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News ImageNews Image Wed, 23 Apr 2014 20:45:24 GMT
Facebook CFO David Ebersman is Stepping Down
David Ebersman -- the CFO who took Facebook public and attracted scrutiny for its rocky initial ride -- is departing the company later this year.
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News ImageNews Image Wed, 23 Apr 2014 20:29:54 GMT
Stocks Slip, Close Down on Earnings, Drop in New Home Sales
Stocks slipped on Wednesday, with Wall Street retreating after a sixth day of gains for the S&P 500 and Nasdaq, after data had new home sales declining and companies including Boeing and AT&T reported quarterly results.
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News ImageNews Image Wed, 23 Apr 2014 20:29:52 GMT
Worsening China Factory Strike Threatens Adidas, Nike Sneakers
BEIJING - A wage dispute at a huge sneaker factory that supplies brands including Adidas and Nike escalated Wednesday, highlighting the growing problems faced by Chinas manufacturing powerhouse.Workers at the plant owned by the world's largest maker of sneakers, Yue Yuen earn as little as $1.
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News ImageNews Image Wed, 23 Apr 2014 20:29:52 GMT
New Zealand Is a Travel Hotspot for Chinese Tourists
New Zealand topped a list of 22 nations as Chinese tourists' favorite destination for the first time, according to a survey by the China Tourism Academy.The quarterly poll measures travelers' satisfaction across key indicators including public services, environmental conditions and security.
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News ImageNews Image Wed, 23 Apr 2014 19:28:01 GMT
Getting Value for Money in Your Taxes? See How The States Rank
It's not only Uncle Sam that needs money. State governments also collect tax revenueseven the seven that don't have a state income tax. But some of them do a better job at giving taxpayers a bang for their buckor to put it into Wall Street terminology, give better return on investment or ROI.
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News ImageNews Image Wed, 23 Apr 2014 19:28:01 GMT
Aston Martin Signed by Michael Jordan, Other Greats, Up for Bids
When spending six figures or more on a luxury sports car, most buyers inspect every inch to make sure there are no marks on it, but this 2002 Aston Martin Vanquish is the ultimate exception to that rule the more marked up, the more valuable it is.
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News ImageNews Image Wed, 23 Apr 2014 19:12:28 GMT
Cost of Attending a Wedding Surges 75 Percent
Bouquets aren't the only thing flying high at weddings this year. A new American Express study finds the average cost to attend a wedding is surging to $592, up 75 percent from two years ago.That doesn't even include the cost of gifts.
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News ImageNews Image Wed, 23 Apr 2014 17:54:49 GMT
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