Videos - In The News

  •      09:46 AM FXCM Topped Q2 Results, Top Line Up 9.2%

    FXCM (NASDAQ:FXCM) reported Q2 EPS of $0.19, ahead of consensus estimates of $0.16 per share. Revenues for the quarter rose 9.2% year-over-year to $103.4 million, topping consensus estimates of $97.4 million.

    Drew Niv, Chief Executive Officer of FXCM Inc said, "FXCM delivered solid...

  • 09:42 AM InterActiveCorp CFO Thomas J. McInerney To Step Down

    IAC (NASDAQ:IAC) announced that Thomas J. McInerney, EVP, and COO intends to leave the company at some point in the coming months, after 12 years with IAC.

    There is no specific date set for his departure and McInenery will remain CFO through an appropriate transistion.

    Mr....

  • 09:37 AM Bank of America's Heads of Global Research Joins Blackrock

    Bloomberg reported that the head of global research of Bank of America (NYSE:BAC), Jeffrey Rosenberg left to join Blackrock Inc., according to a person familiar with the move, who declined to be identified because the announcement hasn't been made.

    Rosenberg began at Bank of America in...

  • 08:03 AM Former Marvell Technology Employee Charged For Fraud

    The New York Times reported that federal prosecutors announced charges on Wednesday against a former employee at Marvell Technology (NASDAQ:MRVL), accusing him of participating in an insider scheme that directed corporate secrets to hedge fund traders.

    The former employee is being charged...

  • 12:38 PM Morgan Stanley Lowered Its PT For SMART Technologies To $10

    Morgan Stanley lowered its price target for SMART Technologies (NYSE:SMT) to $10 from $12 and maintained its overweight rating on the stock.

    Smart Technologies has a potential upside of 105.8% based on a current price of $4.89 and an average consensus analyst price target of $10.06.

    ...
  • 10:32 AM Dr Pepper Snapple Receives Response to Lawsuit From Texas Bottler

    The Dr Pepper Snapple Bottling Company of Dublin, Texas has issued a response to a federal lawsuit filed against the family-owned company by the corporate entity controlled by Dr Pepper Snapple (NYSE:DPS).

    The lawsuit also seeks to prevent sales of the soft drink on Dublin Dr Pepper's...

  • 08:02 AM What's In The News: August 10, 2011

    This is what's in the news for Wednesday, August 10th. The Wall Street Journal reported plans by the Obama administration to sell the rest of its stake in GM (NYSE:GM) have been put on hold because the automaker's shares have fallen amid turbulence in the stock market this year. The Wall Street...

  • 04:50 PM Apple Becomes Most Valuable Company in the U.S. (AAPL)

    During afternoon trading at 2 P.M, Apple (NASDAQ:AAPL) surpassed Exxon Mobil (NYSE:XOM) as the most valuable company in the U.S.
    Apple's stock increased 3.4% to $365.10 on Tuesday afternoon bringing the iPad and iPhone maker's market capitalization to $338 billion.
    While Exxon Mobil...

  • 03:08 PM Citigroup Lowered Its PT For Best Buy To $23, Maintained Its Sell Rating

    Citigroup lowered its price target for Best Buy Co. (NYSE:BBY) to $23 from $27 and maintained its sell rating on the stock.

    The bank sees 2012 EPS of $3.31, vs. consensus estimates of $3.49 per share, and 2013 EPS of $3.35, vs. consensus estimates of $3.72 per share.

    Best Buy has a...

  • 03:06 PM Tesla Motors Adds Four Executives To Assist With Expansion Production

    Tesla Motors (NASDAQ:TSLA) hired four vice presidents as the car maker seeks to expand output, develop its Models S sedan model and aims to win a supply deal with Toyota (NYSE:TM).

    In a statement, the four appointees are Greg Reichow for powertrain operations; Peter Carlsson, supply chain...