Wall Street
Apple unveils iPad with doubled memory
Jan 29, 2013 09:52 EST
Apple Tuesday unveiled a new iPad with twice the storage capacity as the existing model in an effort to score business with companies that share large amounts of data.
Yahoo! shares bounce as profit tops expectations
Jan 28, 2013 21:30 EST
Yahoo! shares bounced in after-hours trading as the struggling Internet pioneer topped Wall Street expectations despite a slip in quarterly profit.
Yahoo! shares up and down as profit tops expectations
Jan 28, 2013 17:19 EST
Yahoo! shares rose and then fell back in after-hours trading Monday as the struggling Internet pioneer topped Wall Street expectations despite a slip in quarterly profit.
Asian markets mixed, Nikkei dips on profit-taking
Jan 28, 2013 06:06 EST
Asian markets began the week on a mixed note Monday, with the Nikkei sinking on profit-taking after breaking 11,000 in early trade, while a rally on Wall Street boosted a buying incentive.
Departing Geithner leaves revived but debt-laden economy
Jan 25, 2013 15:09 EST
Timothy Geithner left the US Treasury on Friday knowing the world's largest economy, in freefall when he took office four years ago, has turned around and returned to the path of growth.
Apple loses crown as most valuable company
Jan 25, 2013 13:06 EST
Apple shares extended their losses Friday, as the California tech giant lost its position as the world's biggest company based on market value.
Asian markets mixed, Tokyo surges on yen tumble
Jan 25, 2013 06:33 EST
Asian markets were mixed on Friday, with Tokyo's Nikkei surging to a near three-year high on the back of a weaker yen, while Wall Street provided an uneven lead.
Microsoft shares drop as profits dip
Jan 24, 2013 21:45 EST
Microsoft shares slipped after the release of quarterly earnings figures that surpassed forecasts but left it unclear how the software titan will score in the post personal computer era.
Microsoft beats forecasts with $6.4 bn profit
Jan 24, 2013 17:22 EST
Microsoft on Thursday said its profit dipped slightly from a year earlier but posted record revenues in the past quarter, getting a lift from sales of its new Windows 8 operating system.
'Don't mess with Mary Jo': Obama on SEC pick
Jan 24, 2013 15:40 EST
President Barack Obama Thursday named high powered New York prosecutor and organized crime buster Mary Jo White to lead the Securities and Exchange Commission to implement his Wall Street reforms.
European stocks and euro gain, Apple plummets in NY
Jan 24, 2013 12:34 EST
European stock markets climbed on Thursday and the euro gained against the dollar as traders welcomed positive economic data from China, the eurozone and the US, though Apple shares crumbled in midday trading on Wall Street.
Veteran US prosecutor to head SEC
Jan 24, 2013 09:16 EST
The White House will nominate on Thursday veteran New York prosecutor Mary Jo White to lead the Securities Exchange Commission, a White House official said.
Netflix surges after upbeat results
Jan 23, 2013 17:19 EST
Netflix stocks surged 27 percent in after-hours trade Wednesday after the Internet video service reported solid quarterly results which topped Wall Street estimates.
Asian markets mostly down, Tokyo extends losses
Jan 23, 2013 06:51 EST
Asian markets were mostly down Wednesday, in spite of a Wall Street rally, with Tokyo extending the previous day's fall as the yen strengthened following a Bank of Japan monetary policy shift.
Google 2012 revenue hits $50 billion, profits up
Jan 22, 2013 21:47 EST
Google reported that its profit climbed and its annual revenue hit an unprecedented high last year as it evolved to stay in tune with people using smartphones and tablets.
Geithner to leave Treasury secretary post on Friday
Jan 22, 2013 15:57 EST
US Treasury Secretary Timothy Geithner will step down from his post on Friday, a source told AFP on Tuesday.
European stocks gain amid US holiday
Jan 21, 2013 12:35 EST
European share prices rose on Monday with London hitting a near five-year high in light trading amid a public holiday in the United States, although the luxury goods sector was tarnished by a gloomy outlook from the Swiss group Richemont.
European stocks edge higher amid US holiday
Jan 21, 2013 07:26 EST
European share prices mostly rose on Monday in light volume deals amid a public holiday in the United States, but the luxury goods sector was hit by a gloomy outlook from Swiss group Richemont.
Asian markets mixed, eyes on Bank of Japan meeting
Jan 21, 2013 06:42 EST
Asian markets were mixed Monday, with Tokyo's Nikkei hit by a stronger yen and profit-taking after last week's rally, while dealers await the outcome of a policy meeting at the Bank of Japan.
London FTSE up 0.16% at open
Jan 21, 2013 03:42 EST
London equities built on last week's gains at the start of trading on Monday with investors taking a strong lead from Wall Street.