Stocks News

E-Trade baby turns five

Time has passed, things have changed, and people have been asking, what happened to the baby that made E-Trade a household name?

In the Media by Mindy Allan - 1 comment

Groupon defies revenue expectations, still manages to disappoint

The fourth quarter figures are in for Groupon, and while their revenue exceeded projections, their stock prices still took a tumble this week. In fact, the stock dropped by as much as 15% during Wednesday's trading.

In the Media by Tucker Cummings

BP raises dividend by 14%

BP raises cash dividend by 14%. This is the first increase since it was reinstated last year, following the suspension after the Gulf of Mexico oil spill.

In the Media by James Hutchinson - 2 comments

RIM co-CEOs step down, COO Heins now taking over BlackBerry maker

According to recent reports, the co-CEOs of BlackBerry creator Research in Motion, Mike Lazaridis and Jim Balsillie, are stepping down from positions they've held for more than two decades. COO Thorsten Heins will now take over RIM.

In the Media by David Silverberg - 2 comments

Netflix projects a loss for 2012, stocks take a tumble

Netflix announced late yesterday the company does not expect to be profitable next year. Recently the company had announced they did not expect to see a return in early 2012, but this projection has been extended to last the entire year.

In the Media by Leigh Goessl

Apple briefly passes Exxon as America's most valuable company

Apple Inc. temporarily surpassed oil giant ExxonMobil as the world's most valuable company yesterday. Even though the technology company didn't finish on top, it is projected it will accomplish that task soon enough.

In the Media by Abigail Prendergast

S&P downgrade sends stocks plummeting nearly 635 points

New York - Fear ran rampant on Wall Street on this first Monday after Standard & Poor's downgraded the US credit rating from AAA to AA+. All three major indexes plummeted between 5% and 7%, with the Dow landing below 11,000 for the first time since November.

In the Media by Joan Firstenberg

Op-Ed: 'Panorama' exposes bank rip off

An exposé of the ongoing rip off of the British public by the high street banks with particular reference to a BBC Television "Panorama" programme.

In the Media by Alexander Baron

LinkedIn goes public on Stock Exchange, shares value soars

The Digital Journal reported yesterday, LinkedIn, the business oriented networking site, has begun trading on the New York Stock Exchange and has seen its stock price increase by 130% since the market open.

In the Media by Aaron Jefferson

IBM posts revenue of $24.6 billion, income rises 10%

The IBM Corporation, recently known for constructing a computer named "Watson" that won a Jeopardy all-star clash, reported Tuesday that its first-quarter net income rose 10 percent.

In the Media by William Rubin