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Yahoo singing the blues
Shares of Yahoo (YHOO) were down Friday after the company's new CEO, Marissa Mayer, said she's reviewing Yahoo's business strategy. That's not usually a bad thing but it's making investors nervous....
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Hip to be a hipster: Urban Outfitters soars
Urban Outfitters (URBN) is certainly making a statement with its stellar earnings report. The hipster retailer, which operates under the Anthropologie, BHLDN, Free People, Terrain and Urban Outfitters...
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Dell and HP missing the mobile boat
Dell is in a world of hurt. The PC maker reported sales that missed forecasts and cut its outlook for the current quarter. The fact that Dell (DELL) beat earnings estimates was shrugged off by...
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Lucky Lexmark, stock surges nearly 20%
Lexmark, best known for its inkjet printers, announced Tuesday that it was completely exiting the business to focus on its more profitable imaging and software businesses. The company had been slowly...
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Knight Capital 'likes' Nasdaq's Facebook plan
Knight Capital, once one of the fiercest critics of Nasdaq's Facebook compensation plan, has done a 180-degree turn. "We support Nasdaq's efforts to reimburse its member firms for losses caused by...
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Facebook stock hits new low
Facebook really can't catch a break. Shares of the social network hit an all-time low Friday after Bank of America-Merrill Lynch analysts lowered their price target and warned of headwinds for the...
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Google tops $700 for first time since 2007
Just days after Google (GOOG) turned 14, shares topped the $700 mark for the first time since 2007. Shares hit a new 52-week high of $712.25 Friday. That's less than 5% below its all-time high of a...
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Hedging QE3 bets, 52% say Fed won't act after all
This week's Federal Reserve meeting is front and center, with many still on the fence about whether or not the central bank will announce any new stimulus measures. More specifically, investors have...
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Investors sour on Monster Beverage
Investors are turning their noses up at beverage stocks, as the Health Department approved a ban on selling giant sugary drinks in New York City on Thursday and two senators questioned the safety of...
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Investors get greedy ... too greedy?
Is the Fed really that powerful? One look at CNNMoney's Fear & Greed Index says yes. Early Friday, the index surged to 94! That's a record high for the index, with data available since 2004. The...
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China still lead buyer of U.S. securities
Global demand for U.S. securities is still strong, with China remaining the largest foreign holder of U.S. debt, according to the Treasury Department's latest report on foreign holdings. The U.S....
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Forget Apple, look at Google's stock
Apple may be getting all the headlines these days but investors might want to take a closer look at Google's stock. Shares of Google (GOOG) hit a new 52-week high, and are sitting comfortably above...
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J.C. Penney's reality check
Maybe Ron Johnson should have stayed at Apple (AAPL). The J.C. Penney (JCP) CEO continues to struggle to get the retailer on the right track. Johnson, who helped launch hundreds of retail stores for...
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Cha-ching! It really does pay to Discover
Talk about getting some cash back. Discover Financial Services (DFS), whose claim to fame is offering consumers cash back when they use a Discover credit card, is having a good week. After issuing a...
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Deutsche Telekom in talks to buy MetroPCS
Could MetroPCS finally be getting its knight in shining armor? Investors sure think so. Deutsche Telekom confirmed Tuesday that it was in talks with MetroPCS to merge the beleaguered wireless carrier...
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Investors still shunning HP
Investors continued to punish Hewlett-Packard (HPQ) Thursday, a day after the company issued a grim outlook for 2013. Hewlett-Packard extended the previous day's decline, after getting hammered on...
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Earnings kick-off: Alcoa and KFC-owner Yum Brands
Tuesday brings the unofficial start to third-quarter earnings season, with aluminum producer Alcoa (AA) and KFC-owner Yum Brands (YUM) reporting after the closing bell. Alcoa is typically considered...
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Investors slam the book shut on education stocks
It's not a good day to be a Phoenix -- the slogan used by Apollo Group's University of Phoenix. Late Tuesday, Apollo (APOL), the biggest for-profit education provider, reported revenue that fell short...
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Vegas baby! Casino stocks are paying off
Investors betting on casino stocks are seeing a nice payoff Thursday. Wynn Resorts (WYNN), which operates casinos in Las Vegas and Macau, blew past analysts' expectations, reporting earnings per share...
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Pandora plunges on talk of Apple launching rival service
Shares of Pandora plunged nearly 18% Thursday, following a news report that said Apple was planning to launch a rival Internet radio service next year. Thursday afternoon, Bloomberg reported that talks...
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