Fallen stock indexes are expected weigh on the third-quarter earnings of big asset managers, showing how market turmoil can affect a broad swath of financial companies.
iCloud and Siri voice recognition are only two of the five major reasons why iPhone 4S sold four million in three days.
Sunday, Oct. 16, was officially declared to be Steve Jobs Day by California Governor Jerry Brown. The governor tweeted an update on Saturday commending the Apple genius's brilliance in shaping powerful technologies today.
French food group Danone SA gave a confident outlook for 2012 and said its water business was still strategic, playing down a report it was in talks on a disposal.
Goldman Sachs Group Inc posted a wider-than-expected loss of $428 million for the third quarter, only its second quarterly loss as a public company, hurt by sharp declines in the value of investment securities and customer trading assets.
Bank of America Corp posted a third-quarter profit on Tuesday, helped by accounting gains and asset sales, but the bank's main businesses showed signs of weakness as lending profits dropped and expenses rose.
She is frequently described in the British press as a “rising star” in the Conservative Party and some believe she might one day become the first Asian Prime Minister of the U.K.
China's economic expansion slowed in the third quarter to its weakest pace in more than two years as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.
An extradition treaty with the United States is not biased against British criminal suspects, a judge-led review said on Tuesday, dealing a blow to campaigners fighting to stop a computer hacker being sent to stand trial in America.
U.S. stock futures point to lower opening on Tuesday after new data showed that Chinese economy has expanded at a slower rate in the third quarter and quarterly results from IBM failed to impress investors.
Regardless of doleful predictions of an epic fail, Apple Inc. has struck again with yet another out-of-the-park home run with its new iPhone 4S. The Cupertino-based tech giant announced on Monday that it has sold more than four million units of the new iPhone 4S during its first weekend (just three days after its launch on Oct. 14).
World stocks stumbled from the previous day's 1-1/2 month high on Tuesday and government bonds rose as slower-than-expected Chinese growth and a warning on France's triple-A sovereign credit rating prompted investors to cut risks.
Jefferies downgraded its rating on shares of VMware Inc. (NYSE: VMW) to hold from buy on less conviction of upside revisions. The brokerage also lowered its price target to $90 from $100.
China's economic expansion slowed in the third quarter to its weakest pace in more than two years as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.
While Apple unveiled iPhone 4S just a day before the Apple’s co-founder, Steve Jobs died, Samsung held back the launch of Google’s Nexus Prime (which was scheduled at Oct. 11) saying it is in memory of the computer genius.
Just a few doors down from the Apple store in Sydney, where a long line of fans eagerly awaited the sale of the new iPhone 4S, another throng was gathering at a Samsung store.
French food group Danone SA said softening commodity prices, robust growth in emerging markets and the expected benefits from the acquisition of Unimilk in Russia made it confident for 2012.
Moody's decision to review France's triple-A credit rating cast new doubt on Tuesday on Europe's hopes of drawing a line under its sovereign debt crisis, five days before a crucial EU summit.
China's economic expansion slowed in the third quarter to its weakest pace since early 2009 as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.
Apple set a new record by selling more than 4 million iPhone 4S smartphones in the first three days after it was introduced, as customers flocked to Apple retail stores and waited in huge lines to get their hands on the coveted device.
China's economic expansion slowed in the third quarter to its weakest pace since early 2009 as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.
The top after-market NASDAQ Stock Market gainers are: Human Genome Sciences, Tangoe, Conceptus, FreightCar America and GTx. The top after-market NASDAQ Stock Market losers are: TranS1, Crocs, Gulfport Energy Corp, Green Mountain Coffee Roasters and Sequenom, Inc.