News Corp Beats the Street, Plans a Spin-Off
News Corp posted higher earnings, led by strong growth at its Fox television division. The company is spinning off its publishing unit, including The Wall Street Journal.
News Corp posted higher earnings, led by strong growth at its Fox television division. The company is spinning off its publishing unit, including The Wall Street Journal.
Rupert Murdoch's News Corp reported quarterly earnings that beat Wall Street expectations, aided by growth at its cable networks. It plans to spin-off its publishing business.
Sony is back in the black for its fiscal fourth quarter, recording a $948 million profit, with big help from a weaker yen that boosts overseas earnings.
Groupon is surging in after-hours trading after beating analysts' revenue projections and showing strong subscriber growth.
Toyota's quarterly profit more than doubled in its latest quarter as cost cuts and better sales worked with a weakening yen to add momentum to the automaker's comeback.
Mortgage giant Freddie Mac earned $4.6 billion from January through March, helped by a stronger housing market.
Wendy's first-quarter net income falls 83 percent from a year ago, as the fast-food icon seeks to transform its image.
Now that the Dow Jones industrial average has pushed past 15,000, what's next? Four market experts give their views.
The Dow Jones industrial average is punching through another milestone: its first close above 15,000. The Dow rose 87 points to 15,056 points Tuesday, a gain of 0.6 percent.
With news coming from Disney, Tesla and more, there will be plenty of to move the market this week. Let's go over some of the items likely to get the attention of Wall Street.
From SunPower enlightening some shareholders prematurely to Warren Buffett's first tweet, here's a rundown of the week's most interesting action in the business world.
A mixed bag from Facebook's earnings, but revenue from the all-important mobile sector was stronger than expected. GM's earnings fell from a year ago but still beat predictions.
General Motors' net income fell 14 percent to $865 million in the first quarter, weighed down by losses in Europe and weaker earnings in North America.
No relief today for investors still stinging from buying into Facebook's IPO: Shares of the social network fell after it reported slightly worse than expected earnings.
Facebook reports first quarter earnings after today's closing bell and it's likely to show strong growth in several key areas, but there are concerns about user engagement.














