Category Archive for: ‘Money’
Report: Best Buy Founder Plans To Bid $5-$6 Billion For Company
Once a dominant force in the home electronics market, Best Buy’s dominance has diminished in recent years as consumers visit its stores to tr…→ Continue Reading
Apple Stock Rallies After Optimistic Announcements
Apple stock rallied more than 3 percent by mid-afternoon trading, boosted by positive news in both the Wall Street Journal …
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Netflix Faces SEC Action Over Facebook Post
A Netflix Facebook post has caught the attention of federal regulators. The Securities and Exchange Commission has recommended civil action …
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Labor Department Posts Lowest Unemployment Rate in Four Years
The unemployment rate has fallen to an almost four-year low, according to a Labor Department report released today. The US …
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Zynga Applies For Nevada Gaming License
Zynga shares are higher by about 6% today after the maker of Farmville announced its Nevada gaming license application. “This …
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Citigroup Cutting 11,000 Jobs
Citigroup announced today it will eliminate 11,000 jobs in order to cut costs, reducing its total work force by about …
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Facebook Added To NASDAQ-100 Index
Facebook Inc. (FB) stockholders finally received some good news yesterday when Nasdaq announced it would replace Infosys Ltd. (INFO) with …
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Banks Profits Rise for 13th Consecutive Quarter
Bank profits rose 6.6 percent in the third quarter, according to the FDIC. Commercial banks and savings institutions insured by …
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Toll Brothers’ Earnings Exceed Expectations
Superstorm Sandy didn’t hurt Toll Brothers Inc.’s earnings, as the luxury-home builder’s fiscal fourth-quarter earnings skyrocketed, helped in part by …
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