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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


Analyst doubles price target, boosts Tesla shares

NEW YORK (AP) - Shares of Tesla Motors Inc. surged 16 percent Tuesday after a Wall Street analyst told investors that Tesla could shake up the electric utility sector as well as the auto industry.

February 25, 2014 | | Nationwide


Q&A: What's a bitcoin? A look at the digital currency & how it works

LONDON (AP) - Early Tuesday, the world's most established exchange for bitcoin disappeared from the Internet, sending the price of the virtual currency tumbling and prompting fears that the world's biggest experiment in electronic cash could soon be strangled by fraud or regulation.

February 25, 2014 | | Nationwide


Taco Bell takes aim at McDonald’s with Waffle Taco, breakfast items

NEW YORK (AP) - Egg McMuffin, meet the Waffle Taco.

February 24, 2014 | | Nationwide


Samsung unveils phone with built- in heart-rate monitor

BARCELONA, Spain (AP) - Samsung sought Monday to frame its new Galaxy S5 smartphone as a lifestyle product, as it emphasized a built-in heart-rate sensor and improved camera features over its slightly larger size.

February 24, 2014 | | Nationwide


Mark Zuckerberg takes long view with WhatsApp, Internet

NEW YORK (AP) - Mark Zuckerberg, known for his outsized ambitions for Facebook, is applying a similar long-term vision to bringing the Internet to the billons of people around the world who don't already have access.

February 24, 2014 | | Nationwide


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