Sina predicts 3rd-quarter revenue below analyst expectationsSeptember 1st, 2009 Sina gives 3Q outlook below analyst estimatesSAN FRANCISCO — Sina Corp., operator of a leading Chinese Internet portal, on Monday predicted third-quarter revenue that is lower than what analysts expect. Sina is looking for $91 million to $94 million in third-quarter revenue.
Sina 2nd-quarter profit falls 41 percent, adjusted earnings meet analyst viewsSeptember 1st, 2009 Sina 2Q profit drops 41 percentSAN FRANCISCO — Sina Corp., operator of a leading Chinese Internet portal, said Monday that its second-quarter profit fell 41 percent. When excluding items, the Shanghai-based company met analyst expectations.
Morgan Stanley, Ford, Yahoo, AirTran, Wynn Resorts are big market movers WednesdayApril 22nd, 2009 Morgan Stanley, Ford, Yahoo, AirTran big movers
NEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Morgan Stanley, down $2.21 at $22.44
The investment bank's $578 million loss disappointed investors and stood in contrast to other big banks' better-than-expected results. Ingersoll Rand Co., up $2.62 at $19.35
A first-quarter loss was better than analysts had expected from the diversified manufacturer, and guidance for 2009 pleased investors.
China Real Estate, ZST Digital IPOs to gauge state of US investors' taste for Asia investmentsOctober 13th, 2009 2 IPOs to signal US desire for China investmentsNEW YORK — Two Chinese IPOs expected to start trading this week are going to be a gauge for Americans' taste for Beijing's offerings, some of which have flopped this fall. Real estate database and consulting company China Real Estate Information Corp.
Amazon shares hit 52-week high ahead of earnings, Zappos purchase seen a positiveJuly 23rd, 2009 Amazon shares hit 52-week highNEW YORK — Shares of Amazon.com Inc. jumped to a 52-week high Thursday ahead of the online retailer's second-quarter earnings results and after the company agreed to buy online shoe store Zappos.com Inc.
Analysts expect upbeat news from Texas Instruments as chip industry shows signs of recoverySeptember 8th, 2009 Analysts expect upbeat news from Texas InstrumentsNEW YORK — Analysts expect good news from chip maker Texas Instruments Inc. Wednesday, when the company is scheduled to give a mid-quarter financial update.
Unitech, Satyam to be listed on Morgan Stanley index (Capsule)August 31st, 2009 NEW DELHI - Realty major Unitech and IT firm Mahindra Satyam were included in the Morgan Stanley Capital Index in the Emerging Market category from Monday, a company official from Unitech said. Mahindra Satyam will also be included in Morgan Stanley's Global Standard Indices.
Computer Sciences shares hit highest point in nearly 2 years after Goldman upgradeOctober 14th, 2009 Computer Sciences shares hit nearly 2-year highNEW YORK — Shares of Computer Sciences Corp. hit their highest level in nearly two years Wednesday after Goldman Sachs upgraded the information technology company, saying there's more corporate demand for its consulting and outsourcing services, and there's an increasing chance it could be an acquisition target.
European stocks steady despite expected solid US opening following upbeat Apple earningsApril 23rd, 2009 European stocks steady despite US cheer over AppleLONDON — European stock markets were little changed Thursday ahead of an expected solid opening on Wall Street, where investors appear to have been cheered by upbeat earnings from technology firm Apple Inc. The FTSE 100 index of leading British shares was up 22.87 points, or 0.6 percent, at 4,053.53, while France's CAC-40 rose 5.53 points, or 0.2 percent, 3,030.77.
Stocks post modest gains after big jump; Nasdaq lags as Microsoft, Amazon tumbleJuly 24th, 2009 Stocks edge mostly higher; Microsoft drags NasdaqNEW YORK — Optimists are back in control of the stock market, but they are cautious optimists. Major stock indicators have climbed 11 percent in the past two weeks to their best levels since last fall as a series of upbeat earnings reports and forecasts boosted investors confidence about an economic recovery.
Manhattan Associates shares jump after analyst upgrades, sees solid 3Q after tough first halfOctober 15th, 2009 Analyst sees growth in 3Q for Manhattan AssociatesSEATTLE — Shares of Manhattan Associates Inc. skyrocketed Thursday after an analyst said the software maker seems to have turned the corner after a "miserable" first half.
Stocks slip after weeklong stretch of gains amid latest earnings; AMD, Wells disappointJuly 22nd, 2009 Stocks fall moderately after weeklong runNEW YORK — Investors are taking a wary view of the latest batch of corporate earnings reports following a weeklong winning streak. Stocks are lower in early trading Wednesday following a batch of mixed corporate results.
Market rally loses steam, stocks fall even after Intel raises its sales forecastAugust 28th, 2009 Stocks fall as market rally loses steamNEW YORK — Stocks fell moderately Friday as investors hesitated to extend the market's recent rally despite an improved outlook from Intel Corp. The market got an initial boost after the world's largest maker of computer chips raised the top end of its sales forecast for the current quarter from $8.9 billion to $9.2 billion.
Stocks move sideways after big jump; Nasdaq slides as Microsoft, Amazon stir unease about techJuly 24th, 2009 Stocks pause after rally; Microsoft drags NasdaqNEW YORK — Investors are taking a breather after a two-week rally that has left stocks at their highest levels of the year. Stocks zigzagged Friday, holding the Dow and the Standard & Poor's 500 index to only modest moves.
High court dismisses plea to stay sale of new Satyam sharesMarch 12th, 2009 NEW DELHI - The Delhi High Court Thursday dismissed a plea seeking a stay on selling new shares of the fraud-hit Satyam Computer Services Ltd. A division bench headed by Chief Justice Ajit Prakash Shah and Justice Sanjeev Khanna, dismissing the plea, said it was not a public interest litigation matter and should be dealt with separately.