Existing home sales surge to fastest pace in 18 months Nearly 1 million bikes recalled after rider paralyzed New Postal Service fleet could include drones Nikkei closes above 20,000 for first time in 15 years
McDonald’s stock jumps on results, plan

McDonald’s stock jumps on results, plan

McDonald’s new CEO shocked analysts and investors on Wednesday by announcing that he would reveal the first steps of a turnaround plan for the struggling fast-food chain in just 10… Read more »

Existing home sales surge to fastest pace in 18 months

Existing home sales surge to fastest pace in 18 months

Existing home sales in March leaped to their fastest pace in 18 months, making a well-timed upturn at the start of the peak spring buying season. Sales rose 6.1% —… Read more »

Google unveils Fi, new wireless service

Google unveils Fi, new wireless service

Google has unveiled its hotly anticipated wireless service Project Fi to prod the telecom industry to make mobile service in the U.S. faster, easier and less expensive. The Internet giant… Read more »

Stocks higher amid earnings parade

Stocks higher amid earnings parade

Stocks are higher Wednesday as investors digest a slew of earnings reports in the wake of a Japan benchmark hitting a 15-year high. As of 2:08 p.m. ET, the Dow… Read more »

Tesla shares jump on battery news ahead of Q1 earnings

Tesla shares jump on battery news ahead of Q1 earnings

Tesla Motors are jumping today ahead of the electric car maker’s pending announcement next week, which is expected to focus on stationary power batteries. But at the same time, first-quarter… Read more »

Nearly 1 million bikes recalled after rider paralyzed

Nearly 1 million bikes recalled after rider paralyzed

Almost one million Trek bikes are being recalled in the United States and Canada after an injury that left one rider paralyzed. Included in the recall are 900,000 bikes in… Read more »

New Postal Service fleet could include drones

New Postal Service fleet could include drones

The Postal Service has winnowed down companies bidding to build the next generation of its delivery vehicles — and one is offering an all-electric truck that doubles as a drone… Read more »

Nikkei closes above 20,000 for first time in 15 years

Nikkei closes above 20,000 for first time in 15 years

The jury may still be out on “Abenomics,” but Japanese investors are rendering at least an interim verdict on the economic policies of Prime Minister Shinzo Abe: thumbs up. The… Read more »

Boeing beats Street on uptick in deliveries

Boeing beats Street on uptick in deliveries

Boeing significantly beat analyst estimates in the first quarter with earnings per share of $1.97. With special items, earnings were $1.87 compared with $1.28 a year ago, up 46%. BA… Read more »

Intel earnings: 41 cents per share, in line with expectations

Intel earnings: 41 cents per share, in line with expectations

Intel met first-quarter profit expectations but fell slightly short of revenue projections Tuesday, citing sluggishness in its personal computer business but strong growth in the data center segment. The chipmaker… Read more »

Broad European demand boosts Sky profits

Broad European demand boosts Sky profits

Solid demand for pay-TV in Britain and an improving picture in Germany and Italy helped Sky Plc to post an as expected 20 percent jump in nine-month profit on Tuesday. Sky,… Read more »

GE’s Q1 industrial performance ‘impressive’

GE’s Q1 industrial performance ‘impressive’

General Electric on Friday delivered quarterly earnings that beat analysts’ estimates by a penny a share, but revenue fell short of expectations. With GE’s announcement last week to shed its… Read more »

Citigroup quarterly earnings beat estimates

Citigroup quarterly earnings beat estimates

Citigroup’s earnings beat Thursday is “the big turnaround story for the large-cap banks,” RBC Capital Markets’ Gerard Cassidy said. The third biggest U.S. bank by assets reported a 16 percent… Read more »

IBM earnings: $2.91 per share adjusted vs expected EPS of $2.80

IBM earnings: $2.91 per share adjusted vs expected EPS of $2.80

IBM reported first-quarter adjusted earnings per share that topped Wall Street expectations, but revenue fell just short of estimates on Monday. The technology company posted earnings of $2.91 per share,… Read more »

AmEx earnings: $1.48 per share vs. expected EPS of $1.37

AmEx earnings: $1.48 per share vs. expected EPS of $1.37

American Express on Thursday reported first-quarter profit that beat Wall Street expectations but revenue that missed projections, citing “significant impact” from a stronger U.S. dollar on its international business. The… Read more »

SAP profit in line as sales rise, aided by cheap euro

SAP profit in line as sales rise, aided by cheap euro

German business software maker SAP reported a 15 percent rise in operating profit helped by a cheap euro, even as rising investment in newer cloud-based software squeezed its profit margin…. Read more »

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