Tag Archives: stocks

Intel posted net earnings of $2.95 billion, or 58 cents a share, compared to $2.97 billion, or 58 cents share, in the year-ago quarter. Revenue was $13.48 billion, barely changed from $13.46 billion in the year-ago quarter. Intel forecast revenue of $13.7 billion, plus or minus $500 million for the current fourth quarter.

Moody’s cuts Ruby Tuesday’s RT debt rating to B3 from B2 with a negative outlook. Tesoro Logistics TLLP : Q3 EPS of $0.37 misses by $0.24.  Revenue of $93M (+113.4% Y/Y) beats by $10M Media General (MEG) receives the go ahead from the FCC for its merger with New Young ...

Crédit Agricole capital markets and investment banking unit posts a 23% rise in revenues during the second quarter

Greece, agreed to sell two banks as part of an effort to appease its international lenders and consolidate its beleaguered banking sector, says the Hellenic Financial Stability Fund has chosen Eurobank (the fourth largest lender) to buy New Hellenic Postbank. The irony: The rescue vehicle owns 100% of Postbank and ...

Oil producers and mining firms posted solid gains in London on Thursday on an increase in commodity prices, while Associated British Foods PLC rallied after a well-received trading update. The FTSE 100 index (FTI:UK:UKX) rose 1% to 6,572.05, on track for its highest closing level since June 4.

Billionaire investor George Soros and Bill Gross, who runs the world’s biggest bond fund, warned the Bank of Japan (8301)’s plan to end deflation risks creating a rout in the yen.

Michael Dell Promises Employees That Big Changes Are Coming To The PC Business (DELL) Michael Dell sent an email to employees today telling them why the company will be awesome after a private-equity buyout.