By FNN Staff
root@fnn-online.com

Videos

  •      01:10 PM MIDWEEK MARKET WRAP UP:New Report Expected to Shakeup Libor

    From FNNO.com, this is the Financial News Network. I’m Cleo
    Stiller-Farrell and this is your Midweek Market Wrap Up. The British
    Bankers’ Association, which has the supervisory role of setting the
    influential Libor rates, announced that it would be willing to give up
    its...

  • 01:10 PM Yahoo! Announces New CFO

    From FNNO.com, this is the Financial News Network. I’m Cleo
    Stiller-Farrell. Yahoo’s new CEO, Marissa Mayer is shaking up
    management at the company. Mayer announced that Yahoo will be bringing
    on Ken Goldman as their new CFO. Goldman was formerly of tech
    company,...

  • 11:04 AM Yahoo Makes Ken Goldman New CFO

    CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.

    Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...

  • 11:04 AM What's in the News for September 26, 2012

    The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...

  • 10:33 AM RadioShack CEO Steps Down

    RadioShack Corp. (NYSE: RSH) has announced a leadership shakeup this morning as the retailer is losing its current Chief Executive Officer. James F. Gooch has stepped down from both his position as CEO and director of the company.

    Gooch has served as CEO since May of 2011, and will be...

  • 10:33 AM Barnes & Noble Launches New NOOK HD

    Barnes & Noble's new NOOK HD product line is available for pre-order today. There will be two models of the high definition tablets, the NOOK HD and NOOK HD+. The standard model will sport a 7 inch screen and will retail for $199. The HD+ tablet will have a 9 inch display and cost $269...

  • 01:00 PM FactSet Reported Better Than Expected Fourth Quarter Results

    Data and research firm Factset (NYSE:FDS) releasing its fourth quarter results, saying profit rose 18 percent over the prior quarter. Earnings per share came in at $1.08 per share, above the $1.06 analysts were expecting. Revenue for the quarter also rose 8 percent to $207.7 million, which was...

  • 12:59 PM Fairway Market Files for IPO

    A small grocery store chain in New York City is going public. Fairway Group Holdings, the holding group for the popular Fairway Market stores, filed for its initial public offering on Monday. The small market, which started in the 1930s, has grown to 11 stores in the New York, New Jersey, and...

  • 12:50 PM Caterpillar Cuts 2015 Profit Forecast

    Caterpillar (NYSE:CAT) lowered its profit forecast for 2015 to $12 to $18 per share, from $15 to $20 per share previously. The construction equipment maker also lowered its revenue projection to between $80 billion and $100 billion.

    The company said the reason for the cut in forecast was...

  • 12:40 PM Downgrade Alert for Deutsche Telekom

    Deutsche Telekom (NASDAQ:DTEGY) was downgraded from Buy to Hold at Jefferies today. The stock closed yesterday at $12.88 on volume of 253,000 shares, below average daily volume of 302,000.

    Deutsche Telekom has overhead space with shares priced $12.88, or 8.0% below the average consensus...