Videos - In The News

  •      10:58 AM Express Announces New $100 Million Repurchase Program

    Just after its earnings release this week, Express (NASDAQ:EXPR) announced a new $100 million share repurchase program to use the firm's available cash over the next 18 months.

    Michael Weiss, Chairman, President and Chief Executive Officer stated: "Our Board believes that at the current...

  • 10:48 AM What's In The News: May 24, 2012

    This is what's in the news for Thursday May 24, 2012. The Wall Street Journal reports European officials are readying contingency plans if Greece leaves the euro zone, as European leaders struggled to overcome differences on how to resolve the currency bloc's crisis. The Wall Street Journal...

  • 10:30 AM Angry Birds Creator Rovio Entertainment Plans IPO

    The company behind on of the most successful mobile games to date is planning on an initial public offering. Rovio Entertainment, the company behind the highly successful "Angry Birds" announced its business is strong enough for a stock market listing.

    The company released its finances...

  • 10:30 AM What's in the News: May, 7th

    This is what's in the news for Monday, May 7, 2012. The Wall Street Journal reports wireless carriers are beginning to change the terms of smartphone deals that have mostly benefited phone makers like Apple (NASDAQ:AAPL), in a move that could leave consumers paying more for devices like the...

  • 10:30 AM U.S. Treasury to Sell $5 Billion of AIG Stock

    The U.S. government is continuing to sell its stake in companies after the 2008 bailout. The U.S. Treasury Department agreed to sell $5 billion of American International Group shares in a stock offering, with AIG buying $2 billion of the total.

    Each share of the 163.9 million being sold...

  • 10:30 AM "The Avengers" Beats U.S. Box Office Record

    Superheroes are apparently better than wizards. "The Avengers", from Walt Disney's Marvel Studios, beat the box office weekend record by taking in an estimated $200.3 million domestically, greatly surpassing the previously held record of Harry Potter and the Deathly Hallows Part 2 of a take of...

  • 09:27 AM AT&T to Drop Cheaper Text Plan on August 21

    AT&T (NYSE:T) is trimming its individual messaging packages on August 21.

    The company will drop its $10, 1,000-message plan, but it will keep its unlimited messaging plan for $20.

    They also have an unlimited plan for families of up to five lines for $30 per month.

    AT...

  • 09:26 AM JM Smucker Reported Mixed Q1 Results, Top Line Up 13.6% YoY

    J.M. Smucker (NYSE:SJM) reported Q1 EPS of $1.12, ex-items, ahead of consensus estimates of $1.08 per share. Revenues for the quarter rose 13.6% year-over-year to $1.19 billion, missing consensus estimates of $1.25 billion.

    The company sees 2012 EPS of $5.00 to $5.15, ex-items, vs....

  • 09:19 AM DirecTV Unlikely to Submit First Round Bid for Hulu

    The Hollywood Reporter announced that first bids for Hulu are due late this week, more than 10 companies have likely considered making offers, but DirecTV's (NASDAQ:DTV) interest may have waned and it not that expected to make a bid.

    DIRECTV (NASDAQ:DTV) has a potential upside of 26.1%...

  • 08:23 AM Wells Fargo To Test Monthly Fee On Debit Cards

    Wells Fargo (NYSE:WFC) is planning to test a $3 monthly fee for its debit cards users in five states starting in October. The fee applies when opening a new account, and would be in addition to monthly service fees that the bank already charges. Wells Fargo did not say when it might decide to...