Shares of Cisco Systems Inc. (Nasdaq: CSCO), the No. 1 provider of Internet gear, soared more than 8 percent Thursday after reporting fourth-quarter net income that beat analyst estimates by a penny and as boosting its dividend 75 percent to 14 cents a share.
China may have lost out in its mad dash to get the most gold at the London Olympics this summer, but the country is seemingly still running the race for gold where it counts, as it is currently in the process of bidding for a major African gold miner.
A little optimism goes a long way: According to a recent study commissioned by the Newspaper Association Managers (NAM), 25 percent of newspaper executives believe the industry will be more relevant five years from now than it is today.
Over four million Bumbo Baby Seats were recalled on Wednesday after Bumbo International Trust announced a voluntary recall of its molded foam baby chairs due to safety concerns. But how do you know if your Bumbo Baby Seat is affected under the recall?
Time Warner Inc. (NYSE:TWX), the fourth-largest media conglomerate by market capitalization, and World Wrestling Entertainment Inc.(NYSE:WWE) are hoping an unlikely brand collaboration will create a hit.
Poor risk control, not fraud, was the reason for the disappearance of $1 billion during the collapse of MF Global.
There are five fictional cars that would aid Julian Assange's escape from the Ecuadorian embassy if they were real. Assange is hoping to gain asylum in Ecuador to avoid extradition by the U.K. to Sweden on allegations of sex-crimes.
Investors rewarded Portugal's efforts to trim its budget gap by sending the credit-default swaps on Portugal to a low of 725 basis points on Thursday, down from 1,515 in January and 1,237 in May, according to Bloomberg. The implied probability of Portugal defaulting on its debt fell to 46 percent from 73 percent.
President Dilma Rousseff said the investment will include the laying of 6,200 miles of train tracks and building or widening 4,660 miles of federal highways.
Apple fans are expecting a brand-new mini iPad to be unveiled alongside the iPhone 5 next month, but on Wednesday, 9 to 5 Mac posted concept images of what it believes the iPad Mini will look like, based on tips from inside sources. The tips also happen to line up with schematics and cases, which can give us a clearer picture of the features and specs of the upcoming iPad Mini.
Multiple news outlets are reporting a Louisiana shooting on Thursday morning. According to reports two police officers were killed and two others were wounded in what state police are calling an ambush.
Shares of Facebook (Nasdaq: FB), the No. 1 social networking site, plunged more than 5 percent when the market opened Thursday, as insiders were free to unload as many as 241 million shares.
China’s Lenovo Group (Pink: LNVGY), the No. 2 PC maker, reported first-quarter net income jumped 30 percent , ahead of estimates, as global revenue rose 35 percent – far better than performance for its U.S. rivals, Hewlett-Packard Co. (NYSE: HPQ) and Dell (Nasdaq: DELL), the No. 3 PC maker.
The unmanned U.S. X-51A Waverider aircraft that was designed to fly six times the speed of sound broke apart 16 seconds into its test flight above the Pacific Ocean owing to faulty control fin, the U.S. Air Force said Wednesday.
Deutsche Bank, Barclays, JPMorgan Chase, RBS, HSBC, UBS and Citigroup have all received subpoenas, related to the joint New York-Connecticut investigation of possible manipulation of the London Interbank Offered Rate (Libor)
The number of Americans lining up for new jobless benefits rose slightly more than expected last week, the Labor Department said Thursday, suggesting little improvement in the labor market.
Wal-Mart Stores Inc. (NYSE: WMT), the world's largest retailer, said Thursday increased sales from U.S. stores that have been open at least one year plus strong international sales lifted its fiscal third-quarter profit 5.7 percent.
India's leading carmaker Maruti Suzuki will restart production at its Manesar plant August 21, almost a month after the plant was shut down following violence by workers.
With the highly rumored September 12 release date of Apple's next gen iPhone, the so-called "iPhone 5," approaching fast, speculations concerning the 2012 version of the flagship smartphone have flooded the Internet over the last few months. Given the enormous buzz among people, it's pretty much sure that the device's sales, no matter how it finally launches - as "iPhone 5" or as the new iPhone, will touch new heights.
Gold prices are set for a 12th consecutive year of gains despite posting the largest quarterly drop since 2008 in the second quarter, a view likely shared by the World Gold Council, and billionaire investors George Soros and John Paulson.
Electronic Arts Inc, Coinstar Inc, Cisco Systems Inc, Netflix Inc, Frontline Ltd, Knight Capital Group Inc, Facebook Inc and Nokia Corp are among the companies whose shares are moving in pre-market trading Thursday.
Demand for gold by central banks and official sector institutions were more than double the level reported a year ago, as emerging market central banks continue to gobble up gold due to concerns about fiat currencies, such as the U.S. dollar and especially the euro, according to World Gold Council data released Thursday.
There comes a time in the life cycle of most commodities when China, home to 1.3 billion people and counting, takes over as the world's biggest consumer. For gold, that moment is drawing near.
In Botswana, diamonds have been key to the country’s successful economy -- proof that a valuable resource is only as good as the entities that handle it.
Thursday frees holders of as many as 271 million shares of Facebook (Nasdaq: FB), the No. 1 social networking site, to sell them for the first time since the first-day trading fiasco on May 18, when shares that had been priced at $38 first traded at $42.05, then didn’t trade for 30 minutes and closed at $38.23.
Two years after Federal Reserve Chairman Ben Bernanke announced plans for a massive second round of monetary stimulus at a yearly Fed summit in Jackson Hole, Wyo., market watchers are beginning to take odds on the chances that his speech at this year's Jackson Hole summit could produce a similar announcement.
The Canadian Auto Workers and the Detroit Three, General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F) and Chrysler Group LLC, began preliminary contract negotiations on Tuesday, and the fate of Canadian auto manufacturing may hang on the talks.
An Aeroflot passenger jet carrying 253 people from New York to Moscow Thursday made an emergency landing at Keflavik International Airport in Iceland after a bomb threat.
The demand for gold fell to its lowest level in two years in the second quarter of 2012, as the price rise along with the economic slowdown has deterred major consumers India and China from buying the yellow metal, the World Gold Council said on Thursday.
Microsoft released the final version of Windows 8 to MSDN and TechNet subscribers August 15. There is also a 90-day trial version for the general consumers.
