Written By: Gordy Stillman on April 23, 2014 No Comment
Apple shares jump 7 percent on big earnings beat — live blog

Apple’s quarterly earnings rose 7 percent and the company announced more stock buybacks, a stock split and an increase in dividends. Shares of the company soared 8 percent in after-market trading following the earnings release.

Written By: Cat Boardman on April 23, 2014 No Comment
Boeing’s earnings soar past analysts’ expectations thanks to commercial aircraft sales

Boeing’s first-quarter earnings fell 13 percent on continued weakness in its military aircraft unit but soared past Wall Street expectations. Analysts pointed to strong commercial aircraft sales as keeping the world’s largest plane manufacturer on track.

Written By: Shelby Livingston on April 23, 2014 No Comment
Italian confidence, shares soar.  But will it last?

The chart details Italy’s FTSE MIB index‘s performance during the last 12-months. Courtesy of Bloomberg.

Infectious optimism has sent Italy’s shares through the roof, but will the trend last?

Italy’s major stock index, FTSE MIB, is up 35.6 percent in the past 12 months and 14.1 percent in the [...]

Written By: Michael Smith on April 23, 2014 No Comment
Just what the doctor ordered: Dr. Pepper Snapple’s first-quarter earnings rise

Dr. Pepper Snapple reported much stronger earnings in the first quarter than Wall Street expected, driven by a drop in commodity prices that improved profit margins.

Written By: Shu Zhang on April 23, 2014 No Comment
Greece’s economy is worse than its bond yields suggest

Although Greece’s return to the bond market earlier this month was a victory, the country’s economy still faces a triple whammy of low growth, high unemployment and lasting deflation.

Written By: Lingjiao Mo on April 23, 2014 No Comment
Discover Financial profit slips but loan growth is strong

Robust loan growth helped credit card issuer Discover Financial Services beat Wall Street estimates for its first-quarter results even as net income fell 6 percent at the Riverwoods-based company.

Written By: Annabelle Ju on April 17, 2014 No Comment
Is the VIX really broken?

The CBOE’s volatility index, or VIX, has been reacting less violently to big declines in the stock market. Does that mean the once-reliable fear gauge is broken?

Written By: Gordy Stillman on April 16, 2014 No Comment
Shares slide as Google misses revenue, earnings forecasts

Google’s revenues and earnings fell short in the first quarter, which the company blamed on legal fees and other costs associated with its acquisition of Nest Labs. Paid clicks rose in the quarter while cost-per-click revenues fell.

Written By: Maranda Bodas on March 29, 2014 No Comment
Business editors and publishers debate the future of print

Legacy publications such as the Washington Post and USA Today have embraced digital platforms while digital startup IBT has just relaunched a print version of Newsweek. It’s all part of the converging world of business journalism, said business editors and publishers at the Society of American Business Editors and Writers conference in Phoenix.

Written By: Fareeha Ali on February 28, 2014 No Comment
CBOE executive chairman discusses the options trading revolution

CBOE Executive Chairman Bill Brodsky said perserverence helped him steer the largest U.S. options exchange to adopt electronic trading in the early aughts. CBOE’s stock price recently hit a record high and has surged nearly 70 percent since going public in 2010.

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