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Facebook employees poised to cash in
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Oct 23, 2012
Restrictions on the sale of Facebook stock by the social media firm's employees end this week, meaning many of them will be millionaires, not just millionaires "on paper." But the sale will likely drive the stock price down.
Weak ad revenue pulls Google down
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Oct 19, 2012
Yesterday Google accidentally fired off its earnings announcement three hours ahead of schedule and profits fell quite short of expectations.
Google shares drop as declining ad prices hit profits
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Oct 18, 2012
Google's quarterly earnings report was mistakenly released while markets were open, instead of after. A 20 percent drop in profits, as prices of online and mobile ads decline, sent shares down immediately.
Bank earnings kick off with JPMorgan blockbuster
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Oct 12, 2012
The financial sector is doing better than last year on a bumper mortgage business and lower loan-loss reserves.
U.S. a dim brightspot in the global economy
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Oct 9, 2012
The third-quarter earnings season kicked off today with an ominous warning about global growth from the IMF. A weak consolation for Americans is that we are the only major economy where the IMF expects decent growth in the next year.
Earnings under spotlight as economy slows
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Oct 8, 2012
Third-quarter earnings season begins this week, with some analysts predicting the first decline in S&P 500 profits since 2009.
Astrology guides some financial traders
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Oct 30, 2012
When the moon is in the seventh house, what’s a Wall Street trader to do? Pay some $300 for a financial astrology newsletter -- to go with stock charts.
Oil prices slide, and the search for an explanation is on
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Sep 18, 2012
When oil prices fell sharply, the search for an explanation became almost as big a story as the slide itself. Unexplained fluctuations in markets have begun to reveal the anxiety left behind by 2008's financial crisis.
Staples loses sales, Target nabs a profit
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Aug 15, 2012
Shares in the office supply store Staples are down 15 percent this morning after the company said its sales dropped 5.5 percent last quarter. Meanwhile, the discount retailer Target said it made a $700 million profit last quarter
Stock trading glitch spooks investors again
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Aug 2, 2012
Knight Capital’s faulty software sent trading haywire and could sink the brokerage firm. Is technology helping or hurting investor confidence?










