Tonight on Nightly Business Report, Microsoft reports earnings after the closing bell and CEO Satya Nadella will host his first conference call since taking the top job. What’s the one key takeaway for investors? And, who should control the internet? The Federal Communications Commission is proposing new rules and they’re not without controversy.
The Nasdaq Composite advanced Thursday as Apple jumped a day after the iPad maker posted sound results, while the broader market held little changed amid concerns about escalating tension between Russia and Ukraine. “The good thing was Apple’s news. We had a mini-tech wreck here but now we’re coming out of it,” said Mike Serio, regional chief …
Today’s stock stories: V, SBUX, AET, UAL, AAL, JNJ, RDEN & ZMH
Who should control the internet? The Federal Communications Commission is proposing new rules and they’re not without controversy.
“People think you can just walk right in,” the bemused security guard said to his co-worker, who snickered, shook his head and returned to his outpost under the tented area outside the otherwise-regal entrance to the New York Stock Exchange. The dejected tourist walked away after learning that, no, there is no visitors’ gallery at …
Hamptons’ sand is turning into gold. The average sale price for real estate in the Hamptons soared by 40 percent, to $1.7 million, in the first quarter, one of the biggest year-to-year increases in recent history. Fueled by a continued surge of wealthy vacation-home buyers paying all cash, the number of deals in the first …
Even as the U.S. shale boom has sent oil and gas production skyrocketing, interest in alternative energy has increased. Yet nuclear power is still largely shunned by environmentalists, who see the fuel source as too costly and inherently dangerous. That, however, may be changing. Last week, more than 200 United Nations researchers threw their weight …
After chalking up a strong quarter, thanks to a focus on higher-end homes, D.R. Horton, the nation’s largest builder by homes sold, turned the tables Thursday by announcing it will also move into the entry-level market. “We wouldn’t be getting into Express Homes if we didn’t think it was the next segment of the market …
Retirees looking to safeguard their money and stretch out their nest eggs in their later years are hit with a barrage of financial advice and minute by minute market coverage and analysis. So how do you cut through all of that clutter, formulate a retirement plan and stay with it?
Activist investor Bill Ackman told CNBC on Wednesday his partnership with Valeant Pharmaceuticals to try to buy Allergan for $46 billion does not violate securities law. This arrangement, in which Ackman bought a 9.7 percent stake in the Botox maker at the behest of Valeant, was not front-running and not insider trading, Ackman said in a “Squawk Box” interview. …
The battle to stream video into your living room just ramped up with a breakthrough deal that could help Amazon Prime take on the industry giant Netflix.
Despite warmer weather, relatively stable interest rates and more homes coming on the market, mortgage applications fell 3.3 percent last week, according to the Mortgage Bankers Association. Applications to refinance were down 4 percent week-to-week on a seasonally adjusted basis, while applications for loans to purchase a home were down 3 percent. Purchase applications are …
U.S. stocks declined on Wednesday, with Wall Street retreating after a sixth day of gains for the S&P 500 and Nasdaq, after data had new home sales declining in March and companies including Boeing and AT&T reported quarterly results. “The market is — I don’t want to say bracing — but waiting for something to develop one way or …
Check out which companies are making headlines after the bell Wednesday: Apple - The consumer technology company posted second-quarter earnings per share of $11.62 on $45.6 billion in revenue, versus estimates of EPS of $10.18 on $43.53 billion in sales. It expanded its capital return program to more than $130 billion. The company’s shares spiked in after-hours trade. …
Finance in 25 years: Wall Street banks fade away
In the world of finance, the landscape is likely to be a lot different in 25 years than it is today. Here’s a look at how things might shape up, and who the big players in banking will be, in order of importance. Tie: Google, Facebook Both Google and Facebook have made their intentions in the financial services space …