Morgan Stanley (NYSE: MS), the exalted New York house of finance that is a veritable icon of white-shoe Wall Street firms, is expected to report first-quarter financial results Thursday somewhat weaker than a year-ago, a consensus of bank analysts has noted, as the firm is unlikely to have benefited as much as peers from positive developments that lifted large-cap U.S. banks during the first quarter.
Shares of Abbott Laboratories (NYSE: ABT) rose Wednesday after the health care products maker reported a 43 percent jump in first-quarter earnings on a higher sales in emerging markets and also raised its full-year earnings guidance.
The house is spectacular. It's unique, Newport Beach estate agent Michael Gosselin said. For the right buyer, it would be fantastic. I just don't know how many buyers like this are out there anymore. I'll be curious to see what it sells for.
We've seen a plethora of rumors, suggesting that Apple would incorporate a 3D camera in the upcoming model of iPhone. The so-called iPhone 5 rumor mill got another boost with 3D technology-related speculations on Tuesday after reports surfaced online saying that Apple is looking for a 3D technology expert.
So far so true! And it feels good that Samsung has sent out the London invites for the launch of the successor of Galaxy S2 flagship model - Galaxy S3. Check out the top 10 latest rumors on Galaxy S3.
Microsoft (Nasdaq: MSFT), the world's biggest software company, is expected to report slightly lower third-quarter results Thursday, despite the slight uptick in PC sales.
On Tuesday, Abu Qatada was arrested by British authorities in advance of a planned deportation to Jordan. These five key facts about Qatada explain what he's done, where he's going, and when he might get there.
Ford Motor Co. trotted-out some brand, spanking new 2012 Ford Focus Electric cars in New York on Tuesday for a first round of test driving, and the new electric car certainly seems to meet Ford's twin goals of high fuel-economy with a positive driving experience.
Berkshire Hathaway Inc. (NYSE:BRK/A) CEO Warren Buffett has been diagnosed with stage I prostate cancer, according a letter he released to the company's shareholders.
It has 17 bathrooms, a 17-car garage, marbled floors, gold leaf ceilings, a vineyard, horse stables, tennis courts and a lake - and occupies the largest parcel of residential real estate on southern California's exclusive Newport Coast.
Yahoo! Inc. (Nasdaq: YHOO), the No. 2 search engine, said Tuesday its first quarter revenue increased 1 percent to $1.07 billion from the prior year as web traffic rose, beating estimates.
International Business Machines Corp. (NYSE: IBM), the No. 2 computer maker, reported first-quarter earnings that beat analyst estimates although revenue came in slightly lower than expected.
Hostess Brands Inc., the maker of Twinkies, Ding Dongs, and Wonder bread, is making a final offer to the Teamsters union Tuesday to accept cost-cutting efforts. If they refuse, Hostess will head to bankruptcy court to implement the cuts.
Nestlé SA is expected to pay at least $9 billion to U.S. drugmaker Pfizer Inc. for the U.S. drugmaker's infant-nutrition business, the Wall Street Journal reported Tuesday.
Intel (Nasdaq: INTC), the No. 1 chipmaker, reported first-quarter earnings beat estimates as sales rose much more strongly than expected.
Halo 4, the next game in Microsoft's popular Halo franchise, and the first one to be released by a studio other than Bungie -- that honor goes to developer Kirkland, Wash.-based 343 Industries -- will be released on Nov. 6. Can 343 Industries live up to the lofty expectations set by Bungie?
Fresh off their campaign to get Ellen DeGeneres removed as spokeswoman for JC Penney because of her sexual orientation, the group calling itself One Million Moms is going after Urban Outfitters for a photo in their catalog.
Citigroup Inc shareholders gave a vote of no confidence to the bank's executive compensation plan on Tuesday, dealing a surprise embarrassment to Chief Executive Vikram Pandit.
Spain's Repsol YPF SA oil and natural gas company vowed Tuesday to fight Argentina's plans to nationalize Repsol's Argentine unit and Spain's government also has voiced its concerns about the plans.
Rolls-Royce Motor Cars has had a long and venerable history since its foundation in 1904. When most people think of Rolls-Royce, they probably imagine driving through the teeming streets of some Western metropolis, perhaps gazing distantly at the proletarians as they busy themselves in their daily cares. Maybe our theoretical rider lights his cigar with a hundred dollar bill and says to his driver, Jennings, drive faster - we can't be seen arriving late at Belmont.
Bank of America Merrill Lynch, the world's largest wealth manager, is seeking a buyer for its wealth management operations outside the U.S., Reuters said Tuesday.
Jeffrey Bezos, founding CEO of Amazon.com (Nasdaq: AMZN), froze his salary for the third consecutive year at $81,840. He also received $1.6 million in other compensation, the company’s proxy said.
The Coca-Cola Company (NYSE: KO), the world's largest soft-drink maker, reported first-quarter profits that topped analysts' estimates, helped by price increases and strong demand in emerging markets.
Volkswagen AG's luxury brand Audi is prepared to buy Italian superbike maker Ducati Motor Holding SpA for roughly €860 million ($1.12 billion) including debt, Reuters reported Tuesday.
Hyundai Motor India Ltd. is increasing its supply of diesel cars like the Verna and i20 in India by ramping up imports of engines from South Korea and the building of its first Indian diesel engine factory, reports said Tuesday.
The Electric Vehicle (EV) market is all set to witness a slew of offerings by major car manufacturers this year. Back in CES 2011, Ford announced its plans to electrify its Focus compact and now the company has recently announced its plans to bring the electric vehicle to the market.
Johnson & Johnson (NYSE: JNJ), the world's second-biggest health care company, reported better-than-expected first quarter profit on cost cutting and strong demand for new drugs, which offsets drags from generic competition and recalls.
After over two years since New Jersey's medical marijuana law passed, the state has finally obtained its first permit for a medical marijuana facility to begin growing.
A New Zealand company plans to implant pig cells in the human brain in a clinical trial to treat Parkinson's disease and help improve movement and brain functions in patients.
Shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, recouped all their Monday losses and gained more in Tuesday trading.
