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By Aaron Ricadela, Bloomberg |
February 22, 2013
Hewlett-Packard Co., the largest personal-computer maker, forecast fiscal second-quarter profit that exceeded analysts’ estimates, helped by cost-cutting measures and a smaller-than-projected drop in service sales.
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By Tim Culpan and Adam Satariano, Bloomberg |
November 12, 2012
Apple Inc. settled all global lawsuits with HTC Corp., signaling a new willingness to resolve patent disputes without resorting to the “thermonuclear war” stance favored by co-founder Steve Jobs.
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By Brian Womack, Bloomberg |
October 24, 2012
Facebook Inc., the biggest social networking site, posted a record surge after reporting sales that topped analysts’ estimates, allaying concerns over its ability to make money from mobile ads.
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By Donal Griffin, Bloomberg |
October 15, 2012
Citigroup Inc. advanced the most among the largest U.S. banks, reaching a six-month high after reporting a surprise third-quarter profit and a surge in bond-trading revenue that beat analysts’ estimates.
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By Ryan Faughnder, Bloomberg |
September 14, 2012
Apple Inc. rose to a record after the company said the iPhone 5 won’t ship for two weeks from its online store, fueling speculation that the latest model had sold out.
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By Joe Carroll and Jim Polson, Bloomberg |
September 12, 2012
Chesapeake Energy Corp. agreed to sell oil and natural-gas assets for $6.9 billion in a series of transactions that will narrow a cash-flow shortfall threatening to crimp the company’s drilling and production goals.
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By Joe Carroll, Bloomberg |
September 5, 2012
Chesapeake Energy Corp. CEO Aubrey McClendon will tout the company’s stock to Wall Street analysts and investors tomorrow as a board investigation of his personal finances enters its fifth month.
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By Andrew Harris, Christine Harper and Lindsay Fortado, Bloomberg |
July 5, 2012
Barclays Plc investors, blindsided by the bank’s $451.4 million regulatory fine for trying to rig benchmark rates, saw the stock drop 16 percent a day later. Other bank shareholders may be just as surprised.
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By Donal Griffin, Bloomberg |
May 29, 2012
Citigroup has dismantled a board committee created during the credit crisis to police the disposal of toxic and unwanted assets.
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By Joe Carroll, Bloomberg |
April 23, 2012
Chesapeake Energy Corp. Chief Executive Officer Aubrey McClendon has been adding oil fields to his personal holdings faster than he can find cash to drill them. He’s steering the company down the same road.