• Stock market » Icahn adds to Nuance Communications
    August 30, 2013, 15:00 GMT

    Billionaire investor Carl Icahn has made headlines in recent weeks following a number of large, highly publicized investments. Earlier in the month Icahn single handedly drove shares of Apple higher by 20 some percentage points. His push to return money back into shareholder pockets sent shares from $400 to $500 in a matter of weeks.

  • Stocks in the US continued the same lackluster movement with the exception of the Nasdaq which has been propelled by large cap technology stocks such as Facebook and Microsoft.  Last week’s announcement on Friday that Steve Ballmer the CEO of Microsoft (NASDAQ:MSFT) has decided to retire, propelled the stock more than 7% on Friday, boosting

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    Stock market » US stocks continue upward momentum
    Finances - August 24, 2013, 15:37 GMT

    US stocks advanced for a second consecutive day, as investors shifted their attention to the macro level. Market participants appear to be more in-tune with the big picture following the July FOMC meeting minutes. The minutes revealed general support for a Federal Reserve bond taper in 2013, so long as the economy continued to show

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    Business » Microsoft Pops of CEO Step Down
    Finances - August 23, 2013, 20:12 GMT

    Shares of Microsoft (NASDAQ:MSFT) popped higher after the announcement that its Chief Executive Officer, Steve Ballmer, would be stepping down from his influential role within 12 months. This announcement is the end of a long role within the company marked by the software giant’s declining dominance and struggles to keep pace with its competitors. Typically,

  • US stocks fluctuated Tuesday as investors weighed second quarter earnings and the future of Federal Reserve monetary policy. The S&P 500 was unable to extend its record high into Tuesday’s session, despite better-than-expected profits for companies listed under the benchmark gauge. Netflix (NASDAQ:NFLX) shares declined for the second consecutive day amid slower-than-expected subscriber gains. Losses

  • Stock market » S&P 500 hits a new all-time high
    July 23, 2013, 11:36 GMT

    Stocks in the US drifted lower on the open as conflicting earnings reports, kept investors on their heels.  Google and Microsoft released earnings after the bell on Thursday disappointing investors with misses on both the top and bottom line.  GE on the other hand, showed that industrials are making headway, giving better than expected guidance

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    US stocks failed to carry their momentum into the Friday session following weak earnings reports from Microsoft (NASDAQ:MSFT) and Google (NASDAQ:GOOG) . Analysts have repeatedly cautioned investors they will face a weak earnings quarter, and on Friday those warnings materialized. Microsoft, the world’s largest software maker, declined more than 11 percent after posting dismal quarterly earnings

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