Lean Guidanec Hampers Netflix
Stock trades lower despite first-quarter earnings beat.
Eric Savitz, Forbes StaffStock trades lower despite first-quarter earnings beat.
Eric Savitz, Forbes StaffOver the weekend NYSE Euronext touted additional synergies in its proposed merger with Deutsche Börse, but the news was met with skepticism by Nasdaq OMX Group and IntercontinentalExchange, the team of rival bidders trying to break up the deal and win the Big Board for themselves. read »
Plenty of strong earnings news out from several Dow Jones Industrial Average components today is [...]
It sure would be. That’s what some unhappy large shareholders of Yahoo! are chanting these days. Some say they are now seeing signs that Microsoft may be poised to take another stab at Yahoo! (YHOO). read »
Watch Steve Forbes' interview with Bill Priest. read »
Though consumer staples aren’t the sexiest stocks on the Street, as the more difficult summer months unfold, these seven could bring added growth and stability to your portfolio. read »
Investors and traders in China’s main financial district are talking about the following before the start of trade today read »
Shares of the contract electronics manufacturer Sanmina-SCI (SANM) are trading lower in late trading after the company said it was "disappointed" with its fiscal second quarter ended April 2. read »
Oracle (ORCL) this afternoon announced the resignation of CFO Jeff Epstein. He's being replaced by President Safra Catz, who adds the CFO title on a permanent basis. The change is effective immediately. read »
Tang Yiu, the footwear Hong Kong footwear billionaire who ranked no. 281 on the 2011 Forbes Billionaires List, has been hospitalized after a stroke, his company Belle International Holdings said in a statement on Monday evening. read »
After a long stretch as an underperformer, Corning (GLW) shares began to mount a recovery early this year, and better-than-expected year-end results helped accelerate the upturn. With U.S. consumers at last starting to spend more freely, investors decided, the specialty glass maker’s prospects appeared to be looking up. read »