SAN FRANCISCO (AP) - Wells Fargo & Co. is increasing its regular quarterly dividend by 3 cents to 25 cents, an increase of nearly 14 percent. The country's biggest mortgage lender says the dividend will be payable March 1 to shareholders of record as of Feb. 1. Wells Fargo indicated last year that it might boost its dividend ...
MOUNTAIN VIEW (AP) - Google's fourth-quarter earnings rose 7 percent as online advertisers spent more money in pursuit of holiday shoppers. The financial results announced Tuesday were a mixed bag. While the company's earnings topped analyst estimates, an accounting quirk caused net revenue to fall below the projections that guide investor expectations. Wall Street still liked what it ...
NEW YORK (AP) - Microsoft has joined the negotiations to buy struggling computer maker Dell, according to media reports. Both CNBC and The Wall Street Journal reported that Microsoft Corp. may invest some of the money needed to take Dell Inc. private after 25 years as a publicly traded company. Tuesday's stories cited unidentified people familiar ...
NEW YORK (AP) - Video game maker Atari's U.S. operations have filed for Chapter 11 bankruptcy protection in an effort to separate from their French parent company, which is filing a similar motion separately in France. In a statement, Atari says the move is necessary to secure investments it needs to grow in mobile and downloadable video games. <p style="line-height: 18pt; background: ...
MCDONALD'S SETTLES MICH. SUIT OVER ISLAMIC DIET: DEARBORN, Mich. (AP) - McDonald's and one of its franchise owners agreed to pay $700,000 to members of the Muslim community to settle allegations a Detroit-area restaurant falsely advertised its food as being prepared according to Islamic dietary law.
HAMILTON, Ohio (AP) - Charmin is providing some toilet paper relief on behalf of one of Ohio's newest million-dollar lottery winners. Regina Jackson has vivid memories of the aid received from Reach Out Lakota when she was out of work for seven months in 2008. The nonprofit organization provides food, clothing and other necessities to the needy in Butler County in southwest ...
DALLAS (AP) - AT&T lost phone subscribers from its contract-based plans for the first time in the latest quarter, in a sign that growth in the industry is stalling now that most Americans have smartphones.