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Updated: 14 min 41 sec 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.
Who says Apple does not want to be in the Dow Jones industrial average?
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.
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.
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.
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.
Facebook Inc. on Wednesday announced that Chief Financial Officer David Ebersman is stepping down.
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.
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.
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.
The leading mobile chipmaker, posted higher fiscal 2Q revenue but missed views as it faces a smartphone market that is shifting to China.
U.S. equity markets fell on Wednesday as traders parsed through disappointing housing data for March and mixed corporate earnings.
Texas Instruments reported a 3% rise in quarterly revenue due to improved demand for its chips and strong growth in its analog chips business.
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.
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.
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.
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.
Oil futures fell on Wednesday, with prices settling at a more than two-week low after a U.S. government
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.