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FOX Business
Updated: 14 min 41 sec ago

Bipartisan group slams U.S. SEC for resisting email privacy reform

4 hours 37 min ago
A coalition of liberals and conservatives is lashing out at the U.S. Securities and Exchange Commission for pushing back against legislation that would force government agencies to get warrants before they access the email of people under investigation.
Categories: Business News

Apple slice: Share split makes joining the Dow more likely

4 hours 37 min ago
Who says Apple does not want to be in the Dow Jones industrial average?
Categories: Business News

Zynga's Pincus Withdraws Further From Operations

6 hours 9 min ago
Zynga co-founder Mark Pincus is relinquishing the last of his operational duties at the social gaming company starting on Wednesday, taking on an advisory role as Chief Executive Officer Don Mattrick pushes through a restructuring plan.
Categories: Business News

CORRECT: Qualcomm Beats EPS View, Misses On Sales

6 hours 23 min ago
Qualcomm Inc. said late Wednesday that second-quarter net income was $1.96 billion, or $1.14 a share, compared with $1.87 billion, or $1.06 a share, for the same period a year ago.
Categories: Business News

Apple Beats Estimates; Sets 7-for-1 Stock Split

6 hours 36 min ago
Apple Inc. on Wednesday reported a fiscal second-quarter profit of $10.2 billion, or $11.62 a share, on revenue of $45.6 billion.
Categories: Business News

Zynga Swings To a Loss

6 hours 39 min ago
FarmVille creator Zynga Inc. reported late Wednesday a first-quarter net loss of $61.2 million, or 7 cents a share, reversing a year-ago profit of $4.1 million, which broke even on a per-share basis.
Categories: Business News

Facebook Says CFO Is Stepping Down

6 hours 56 min ago
Facebook Inc. on Wednesday announced that Chief Financial Officer David Ebersman is stepping down.
Categories: Business News

Angie's List Narrows Quarterly Loss; Shares Up 3.5% After Hours

6 hours 57 min ago
Angie's List Inc. late Wednesday reported a first-quarter loss of 6 cents a share, in line with expectations and compared with a loss of 14 cents a share in the year-ago period.
Categories: Business News

E-Trade Swings To Q1 Profit, Beating Estimates

7 hours 4 min ago
E-Trade Financial Corp. reported on Wednesday its first-quarter net income was $97 million, or 33 cents a share, compared to $35 million, or 12 cents a share in the same period a year ago.
Categories: Business News

Facebook Crushes Estimates, Stock Rises

7 hours 5 min ago
Facebook Inc. on Wednesday reported a first-quarter profit of $642 million, or 25 cents a share, compared with a profit of $219 million, or 9 cents a share, for the year-earlier period.
Categories: Business News

Qualcomm Posts Higher 2Q Revenue But Misses Street

7 hours 13 min ago
The leading mobile chipmaker, posted higher fiscal 2Q revenue but missed views as it faces a smartphone market that is shifting to China.
Categories: Business News

Stocks Fall as Traders Review Earnings, Housing Data

7 hours 13 min ago
U.S. equity markets fell on Wednesday as traders parsed through disappointing housing data for March and mixed corporate earnings. 
Categories: Business News

Texas Instruments' Quarterly Revenue Rises

7 hours 13 min ago
Texas Instruments reported a 3% rise in quarterly revenue due to improved demand for its chips and strong growth in its analog chips business.
Categories: Business News

Facebook 1Q Earnings Handily Top Views, Shares Head Higher

7 hours 13 min ago
Developing: The social networking giant revealed 1Q EPS of 34 cents on revenues of $2.50 billion, handily beating Wall Street expectations for profit of 24 cents per share on sales of $2.36 billion. Shares were slightly up in extended trade.
Categories: Business News

Apple 2Q Results Blow Past Views; Ups Div, Declares Stock Split

7 hours 14 min ago
The tech behemoth posted fiscal 2Q EPS of $11.62 on sales of $45.6 billion, beating Street views of a profit of $10.18 on revenue of $43.27 billion. The company raised its quarterly dividend and also announced a 7-for-1 stock split.
Categories: Business News

Oil Futures Slip On Record U.S. Oil Inventories

7 hours 33 min ago
Crude oil futures slipped on Wednesday after weekly data showed U.S. crude inventories hit a record high, though Brent managed to settle above $109 on support from the ongoing crisis in Ukraine.
Categories: Business News

U.S. Regulators to Propose New Net Neutrality Rules in May

7 hours 40 min ago
U.S. regulators are expected to vote on May 15 on a new set of so-called "net neutrality" rules aimed at making certain that broadband providers do not slow down or block consumers' access to legal Internet content.
Categories: Business News

Oil Ends Lower With U.S. Crude Supply At a Record

8 hours 27 min ago
Oil futures fell on Wednesday, with prices settling at a more than two-week low after a U.S. government
Categories: Business News

Largest-ever Junk Bond Sale Raises $11 Billion

8 hours 49 min ago
A French cable operator sold the largest-ever offering of junk bonds Wednesday, one sign of the great lengths to which investors are stretching for yield.
Categories: Business News

Stocks Slip as Traders Review Earnings, Data

8 hours 58 min ago
U.S. equity markets fell on Wednesday as traders parsed through disappointing economic data and mixed corporate earnings. 
Categories: Business News