Toll Brothers Profit Rises as Housing Market Rebounds by Reuters May 22nd 2013 7:46AM Toll Brothers posted a 46 percent rise in quarterly profit as the largest U.S. luxury homebuilder sold more homes at higher prices.
Much Remains Unknown About Microsoft's New Xbox One by The Associated Press May 22nd 2013 6:46AM After four years of development, Microsoft unveils the Xbox One entertainment console touting it as an all-in-one solution for playing games, watching TV and more.
Sony Entertains Mulling Activist's Spin-Off Idea by The Associated Press May 22nd 2013 6:24AM Sony says its board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division.
Dow, S&P End at Records on Fed Officials' Reassurance by Reuters May 21st 2013 5:05PM US stocks rose on Tuesday, with the Dow and the S&P 500 closing at new all-time highs as Federal Reserve officials' comments eased concerns about the end of stimulus...
Apple's Low Tax Rate Not Our Fault, Ireland Says by Reuters May 21st 2013 1:45PM Ireland says it's not to blame for Apple's low global tax payments and that other countries are responsible for the tax rate paid by the company.
Americans Better at Paying Credit-Card Debt on Time by DailyFinance Staff May 21st 2013 11:50AM The rate of decline for national credit card delinquencies in the first quarter fell 19 percent compared to the prior quarter.
Top 5 Most Valuable Global Brands by CNNMoney May 21st 2013 11:34AM Apple remains the top global brand with an estimated value of $185 billion. Which other companies have brands worth billions?
Scrutiny Awaits Heads of JPMorgan, Apple by DailyFinance Staff May 21st 2013 8:40AM Apple chief Tim Cook testifies on Capitol Hill today about the huge cash horde it has sitting overseas, while JPMorgan CEO Jamie Dimon's fate awaits a shareholder vote.
Home Depot and Lowe's Report in Sandy's Continuing Wake by DailyFinance Staff May 20th 2013 12:50PM Home Depot and Lowe's continue to service the victims of Hurricane Sandy. The reconstruction effort is expected to help both home improvement retailers post strong profits.
What to Watch This Week: Tools, Toons, Togs, Blogs and Staples by Rick Aristotle Munarriz May 20th 2013 12:08PM Netflix will show us some changes, and home improvement should show some improvement: Let's go over some items that will help shape the week that lies ahead on Wall Street.
Suitors Circle Hulu; Yahoo Bets Big on Tumblr by DailyFinance Staff May 20th 2013 8:50AM The business week starts with potential buyers circling around Hulu, while Yahoo is making a big bet on social media.
Apple CEO Wants to Repatriate Cash, at Lower Tax Rate by DailyFinance Staff May 17th 2013 11:45AM Apple pushes for a major tax change that it says will boost the U.S. economy: CEO Tim Cook plans to call on Congress next week to dramatically simplify corporate tax laws.
J.C. Penney's Latest Earnings Confirm Grim Warning by DailyFinance Staff May 17th 2013 9:00AM J.C. Penney had said its quarterly results would be weak. They were, and then some. The retailer posted a loss more than double the deficit of last year, and sales fell 16%.
Wall Street Sags After Fed Comments, But Cisco Surges by Reuters May 16th 2013 4:55PM U.S. stocks fell on Thursday, with the downturn accelerating after a Federal Reserve official said the central bank could begin easing up on its monetary stimulus this summer.
Groupon Co-CEO Ted Leonsis: We Can Be a $100 Billion Company by Business Insider May 16th 2013 4:40PM Groupon co-CEOs Eric Lefkofsky and Ted Leonsis have some interesting visions for the future of their daily deals company.
CEO Pay Rises Modestly, Still Dwarfs Workers' by DailyFinance Staff May 16th 2013 12:10PM A survey of major companies says CEO pay rose just 3.6% from the year before, not all that much different than the 2.3% pay hike given to the average worker. And yet...
S&P Downgrades Berkshire Hathaway Rating by The Associated Press May 16th 2013 10:00AM Standard & Poor's cut a major rating for Warren Buffett's Berkshire Hathaway, saying the move better reflects the company's dependence on its core insurance operations.
Facebook IPO Scammers Arrested by DailyFinance Staff May 16th 2013 8:45AM Federal officials in New Jersey have charged three men with scamming an investor in New Zealand into paying $3 million for Facebook shares he never received.
Dow, S&P 500 End At Record Highs Again by Reuters May 15th 2013 5:15PM The Dow and S&P 500 hit new all-time highs Wednesday in a broad market rally as the recent upward momentum persisted. The Nasdaq too hit its highest level since November...
