Aug 01 2012 @ 10:30
Ever since Facebook Inc. (
NASDAQ:FB), the social networking giant, was publicly listed on May 17 amid all hype surrounding its potential future growth in valuation, the company’s stock has failed to live up to the expectations.
Aug 01 2012 @ 10:29
According to Bernstein Research, a research firm, tech giant Apple Inc. (
NASDAQ:AAPL) might well be mulling over splitting its stock. Apparently, the company wants to register itself at Dow Jones Industrial Average Index-which is price based; and, a stock split will allow Apple to become a Dow Component as stock price will get halved even […]
Jul 31 2012 @ 11:42
The battle over who fits onto Coca Cola’s (
NYSE:KO) current CEO Muhtar Kent’s shoes once he retires has already begun. Indeed, two of the most likely candidates, Ahmet Bozer and Steve Cahillane have been given additional responsibilities for overseeing operations in world’s biggest beverage company.
Jul 31 2012 @ 09:58
One of the leading executives of Yahoo Inc. (
NASDAQ:YHOO), Ross Levinsohn has decided to call it a day.
Jul 30 2012 @ 17:15
Semiconductor company Cirrus Logic Inc. (
NASDAQ:CRUS) after-market close today reported its first-quarter financial results, posting a decline in its profit. However, the company gave a revenue outlook for the second quarter that beat Street estimates, sending the stock sharply higher in after-hours trading.
Jul 30 2012 @ 16:10
Automaker General Motors Co. (
NYSE:GM) ousted Joel Ewanick, the company’s global marketing chief. Ewanick’s ouster comes a little over two years after he joined GM.
Jul 27 2012 @ 17:36
Oil and gas company Chevron Corporation (
NYSE:CVX) today reported its second-quarter financial results, posting a 7% drop in profit.
Jul 27 2012 @ 15:09
Starbucks Corporation (
NASDAQ:SBUX) today reported weaker-than-expected third-quarter earnings. SBUX also lowered its outlook, sending the stock down sharply.
Jul 26 2012 @ 10:37
Dow Chemical Company’s (
NYSE:DOW) second-quarter profit dropped sharply due to falling prices and demand amid uncertain global economic environment.
Jul 26 2012 @ 10:37
U.S.’s largest oil company, Exxon Mobil Corporation (
NYSE:XOM) today reported a sharp rise in its second-quarter profit, helped by asset sales.