Videos - In The News

  •      09:33 AM What's In The News: February 4th, 2011

    This is what's in the news for Friday, February 4th. the New York Post reports that BJ's Wholesale (BJ) could sell for upwards of $3B in a buyout, ...the Wall Street Journal reports that A lawsuit accuses JP Morgan (JPM) of being at the center of the Madoff fraud,..and finally, Bloomberg reports...

  • 03:57 PM Bernanke: Hiring Must Improve For Full Recovery

    In his speech to the National Press Club Thursday, Federal Reserve Chairman Ben Bernanke said that the economy is set to grow at a faster pace this year, but cautioned the growth will not be enough to drive down unemployment or see a full recovery until hiring improves.

    Bernanke stressed...

  • 03:46 PM ISS Backs Shareholder Proposal for Apple to Disclose CEO Succession Plan

    A proposal from Apple (AAPL) shareholders that the computer maker disclose a succession plan for CEO Steve Jobs was supported by Institutional Shareholder Services, which advises shareholders on proxy matters, Bloomberg reports.

    Jobs announced a leave of absence on Jan.17--his third...

  • 03:20 PM BSD Medical Reports Successful Cancer Treatments at Four Hospitals in Italy

    BSD Medical (BSDM) reported today that four cancer patients at four hospitals in Italy were successfully treated using its new MicroThermX Microwave Ablation System. The treatments, conducted within a four-day period, were attended numerous key Italian physicians, the company said.

    Med-...

  • 03:16 PM Arrow Electronics Inks Global Distribution Deal with SiTime for Silicon Solutions

    Arrow Electronics (ARW) announced today that it has entered into a global distribution agreement with SiTime Corporation, a semi-conductor company that provides MEMS-based silicon timing solutions.

    Under the terms of the agreement, ARW will distribute SiTime's complete portfolio of MEMS-...

  • 03:10 PM Nordstrom Up 5% on Affluent Buying Spree as Stock Market Rallies

    Nordstrom, Inc. (JWN) is up 4.84% to $1.94, helped by increased demand from affluent buyers on the back of the stock market rally.

    The luxury merchant reported a 4.8% increase year-on-year in same-store sales for the four-week period ended Jan. 29. Preliminary total retail sales of $607...

  • 02:38 PM Microsoft may sell debt to reward shareholders

    Microsoft (MSFT) may sell debt as soon as today to reward shareholders, reports Bloomberg. Citing a regulatory filing, the proceeds may be used for expenditures, stock buybacks, and/or acquisitions. According to a person familiar with the transaction, the company may issue 5-, 10-, and 30-year...

  • 01:23 PM Ford recalls 363,000 F-150 trucks, Reuters reports

    Ford (F) is recalling 363,000 F-150 pickup trucks, reports Reuters. According to the National Highway Traffic Safety Administration, the recall in North America is due to a potential problem with the trucks' door handles. The F-150 trucks from models years 2009 and 2010 are being recalled.
  • 01:20 PM Delta Air Lines Gain 4%, Rebounding from Wednesday's Sell-Of

    Delta Air Lines Inc. shares are up 3.70% to $11.77 in mid-day trade, after falling by about the same percentage yesterday.

    But the bullish sentiment may be temporary. Delta President Ed Bastian has reportedly told analysts that the company might continue to raise its fares to counter...

  • 01:18 PM Verizon announces new buyback up to 100M of shares (VZ)

    Verizon (NYSE:VZ) announced that its board has authorized the corporation to repurchase up to 100M shares of its common stock. The board also determined that no additional shares may be acquired under a previously approved program to repurchase up to 100M shares. Under the previous program,...