7/23/2008 11:38:41 PM Healthcare company AMERIGROUP Corp. (AGP - Stock Boards, Stock Quotes, Stock Charts ) said late Wednesday that it reported a loss for the second quarter compared to a profit last year, hurt by a one-time litigation charge. Adjusted earnings per share ....
7/23/2008 11:20:33 PM Wednesday, Cabot Corporation (CBT - Stock Boards, Stock Quotes, Stock Charts ), a provider of specialty chemicals and performance materials, reported third quarter profit that rose year-over-year; and topped analysts estimate on higher sales helped by ....
7/23/2008 10:29:05 PM Wednesday, wireless and wireline communications services provider Sprint Nextel (S - Stock Boards, Stock Quotes, Stock Charts ) said that it agreed to sell about 3,300 towers to TowerCo for about $670 million in cash. The company also announced that ....
Microsoft Corp. on Wednesday said Kevin Johnson, the executive in charge of its Windows and Web operations and an instrumental player in the company's failed $47.5 billion bid to buy Yahoo Inc., is leaving the company.
More than 30 actors dissatisfied with stalled contract talks said Wednesday they have joined to campaign for seats on the Screen Actors Guild's board of directors, a move that could eventually break the stalemate with Hollywood studios.
Student lender SLM Corp., more commonly known as Sallie Mae, said Wednesday its second-quarter profit plunged 72 percent as funding costs remained high amid further weakening in the credit markets and the company took charges related to its restructuring.
Stocks advanced for the second straight session Wednesday as another decline in oil prices and several upbeat profit reports eased some of Wall Street's concerns about the economy.
About 2 million Americans get a raise Thursday as the federal minimum wage rises 70 cents. The bad news: Higher gas and food prices are swallowing it up, and some small businesses will pass the cost of the wage hike to consumers.
Nokia Corp. and Qualcomm Inc. said Wednesday they agreed to settle a high-stakes licensing dispute and end a bitter legal battle that has lasted nearly three years and spanned three continents.
Amazon.com Inc said on Wednesday quarterly profit doubled and sales grew 41 percent, indicating to Wall Street that many cost-conscious shoppers are heading online to save money in a tough economy.
Shares of XTO Energy Inc., which acquires and develops oil and natural gas properties in the U.S., fell in Wednesday midday trading, a day after the company reported a 30 percent profit increase, but also said it will boost capital spending and issue 26 million shares to finance acquisitions and repay debt.
Shares of Washington Mutual Inc. stumbled Wednesday after the bank reported a staggering $3 billion loss in the second quarter as it increased its loss reserves to more than $8 billion to cover souring mortgage loans.
Amazon.com Inc., the world's largest Internet retailer, posted second-quarter profit that exceeded analysts' estimates after consumers bought more toys and video- game consoles and overseas sales soared.
The Federal Reserve said all 12 of its regional bank districts reported ``elevated or increasing'' price pressures during June and July amid slower economic growth.
Fannie Mae and Freddie Mac extended their weeklong recovery after U.S. lawmakers reached a deal on legislation that authorizes Treasury Secretary Henry Paulson to bail out the mortgage-finance providers while placing few restrictions on the companies.
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