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Archive By Section - Nationwide


Facebook falls to half of public offering price; drops to $19.05

NEW YORK (AP) - Facebook's stock fell to $19 for the first time on Friday, losing half its market value since the company's initial public offering in May.

August 17, 2012 | | Nationwide


Apple stock hits new high of $648.11 after 4-month dip

CUPERTINO (AP) - Apple's stock hit a new high Friday after a four-month swoon, as investors looked ahead to the release of a new iPhone and possibly a smaller iPad.

August 17, 2012 | | Nationwide


S&P 500 creeps near four-year high; Cisco surges

NEW YORK (AP) - Encouraging earnings from Cisco and hopeful signs in a housing report lifted the stock market Thursday. The gains nudged the Standard & Poor's 500 index near the four-year high it reached earlier this year.

August 16, 2012 | | Nationwide


Gap's 2nd quarter profit up 29 percent

SAN FRANCISCO AP) - Gap Inc. reported a 29 percent increase in second-quarter net income, evidence the fashion retailer's moves to liven up its clothing with brightly colored trendy looks are winning over shoppers.

August 16, 2012 | | Nationwide


Groupon stock hits another low after 2Q results

SAN FRANCISCO (AP) - Groupon's stock hit another low, days after the online deals company issued a lackluster quarterly report.

August 16, 2012 | | Nationwide


Facebook plunges to $19.69 per share

MENLO PARK (AP) - Facebook's stock plunged to a new low Thursday as some of the social networking leader's early backers got their first chance to sell their shares since the company's initial public offering went awry.

August 16, 2012 | | Nationwide


People affected by refinery fire sue Chevron

RICHMOND (AP) - Nine people have sued Chevron Corp. over a California refinery fire that sent thousands to hospitals with respiratory issues and contributed to higher gasoline prices on the West Coast.

August 16, 2012 | | Nationwide


Olympic swimmer Michael Phelps again graces Wheaties cereal boxes

NEW YORK (AP) - With another six Olympic medals around his neck, swimmer Michael Phelps is once again touting the breakfast of champions.

August 16, 2012 | | Nationwide


Target raises profit outlook on solid 2Q sales

MINNEAPOLIS (AP) - Target Corp. raised its full-year profit projection Wednesday after the cheap-chic discounter reported better-than-expected second-quarter revenue that showed healthy spending in food, beauty, fashion and other items.

August 15, 2012 | | Nationwide


Lacker: Fed's power to fix economy now limited

WASHINGTON (AP) - A voting member of the Federal Reserve's policy committee is cautioning that the Fed's power to fix the U.S. economy is limited now.

August 15, 2012 | | Nationwide


US economic recovery weakest since World War II

WASHINGTON (AP) - The recession that ended three years ago this summer has been followed by the feeblest economic recovery since the Great Depression.

August 15, 2012 | | Nationwide


Cisco's 4Q earnings rise 56%

SAN JOSE (AP) - Cisco Systems Inc., the world's largest maker of computer networking equipment, is seeing its ambitions cramped by the global economic turmoil, but results for its latest quarter were strong enough that it announced an increase to its dividend.

August 15, 2012 | | Nationwide


Shatner's Negotiator back in new Priceline spot

LOS ANGELES (AP) - William Shatner's Priceline Negotiator isn't a goner, after all. He just went surfing.

August 15, 2012 | | Nationwide


Facebook insiders can sell stock as 'lock-up' ends

MENLO PARK (AP) - Facebook's early investors and a handful of directors will become eligible on Thursday to sell stock they own in the social networking company. It marks the beginning of a time-honored process for public companies, one that will give many Facebook employees the same right to sell their shares this fall.

August 14, 2012 | | Nationwide


Deals fatigue? Groupon stock 27 percent down

LOS ANGELES (AP) - Groupon's stock is 27 percent cheaper Tuesday, but that doesn't make it a bargain.

August 14, 2012 | | Nationwide


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Articles by Section - Nationwide


Fired Yahoo exec gets $58M

SUNNYVALE (AP) - Yahoo's recently fired chief operating officer, Henrique de Castro, left the Internet company with a severance package of $58 million even though he lasted just 15 months on the job.

April 16, 2014 | | Nationwide


Google’s 1Q earnings disappoint

MOUNTAIN VIEW (AP) - Google's first-quarter earnings growth faltered as the Internet's most influential company grappled with a persistent downturn in advertising prices while spending more money to hire employees and invest in daring ideas.

April 16, 2014 | | Nationwide


Home sales of $10 million rise in Conn.

NEW HAVEN, Conn. (AP) - Connecticut's Gold Coast is living up to its name, with a record $120 million sale of a waterfront estate in Greenwich leading an increase in sales of homes for more than $10 million.

April 16, 2014 | | Nationwide


IRS may use private tax collectors

WASHINGTON (AP) - A public employees union is fighting a bipartisan effort in Congress to force the Internal Revenue Service to hire private contractors to collect some delinquent taxes.

April 15, 2014 | | Nationwide


Coca-Cola sells more drinks but global soda sales fizzling

NEW YORK (AP) - Coca-Cola, the world's biggest beverage maker, said Tuesday that the amount of soda it sold globally fell for first time in 15 years.

April 15, 2014 | | Nationwide


Intel reports lower 1Q net income, higher revenue flow

SANTA CLARA (AP) - Intel's earnings fell in the first three months of the year amid a continued slump in the worldwide PC market, but revenue grew slightly because of solid demand for tablet processors and its data center services.

April 15, 2014 | | Nationwide


Yahoo’s 1Q highlighted by Alibaba, modest ad gains as earnings decline

SUNNYVALE (AP) - Yahoo is prospering from its lucrative investments in Asia while the Internet company's listless advertising sales are picking up, if ever so slightly, under CEO Marissa Mayer.

April 15, 2014 | | Nationwide


New LA Register newspaper embraces print in digital world

LOS ANGELES (AP) - Aaron Kushner believes he can launch and grow a print newspaper in a world gone digital.

April 15, 2014 | | Nationwide


Twitter buys data analytics partner Gnip

SAN FRANCISCO (AP) - Twitter says it has bought its data partner Gnip, which provides analysis of the more than 500 million tweets its users share each day - to advertisers, academic institutions, politicians and other customers.

April 15, 2014 | | Nationwide


Southern California home prices climb

SAN DIEGO (AP) - Southern California's median home sale price hit $400,000 in March to set a fresh six-year high as tight supplies limited sales, a research firm said Tuesday.

April 15, 2014 | | Nationwide


Windows Phone advances with 8.1 software update

NEW YORK (AP) - Microsoft's new Windows system for smartphones addresses many of the shortcomings in previous versions.

April 15, 2014 | | Nationwide


Is hot market for IPOs cooling off?

NEW YORK (AP) - A hot market for initial public offerings may soon face a cooler reception from investors.

April 14, 2014 | | Nationwide


April 15 not much of a real deadline for most taxpayers

WASHINGTON (AP) - The calendar shows April 15, and you haven't even started on your federal tax return? Chances are, you don't need to fret.

April 14, 2014 | | Nationwide


Samsung phone durable, but iPhone has edge

NEW YORK (AP) - Samsung's new Galaxy S5 smartphone is more durable than last year's model and other leading Android phones, but the iPhone 5s outperformed all of them in part because of its smaller size, a new study finds.

April 14, 2014 | | Nationwide


End of Windows XP support spells trouble for 30% of world’s computers

NEW YORK (AP) - Microsoft will end support for the persistently popular Windows XP on Tuesday, and the move could put everything from the operations of heavy industry to the identities of everyday people in danger.

April 07, 2014 | | Nationwide


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