Greece, bondholders to continue talks Thursday

Filed under Stock News headlines 3 months ago

FRANKFURT (MarketWatch) -- The Greek government and top negotiators representing banks and other private bondholders will resume talks on Thursday regarding voluntary write-downs of Greek government debt, the Institute of International Finance said. The Steering Committee of the Private......

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China oil demand up 6.1% in 2011: Platts

Filed under Stock News headlines 3 months ago

SAN FRANCISCO (MarketWatch) -- China's apparent oil demand climbed 6.1% to 460.65 million metric tons in 2011, a Platts analysis of recent statistics released by the Chinese government showed. The 2011 figure was the highest-ever level by the world's second largest oil consumer, though the growth......

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Super Bowl means big payday for restaurants: study

Filed under Stock News headlines 3 months ago

CHICAGO (MarketWatch) -- About 48 million Americans will get food to go from a restaurant to eat while they watch the Super Bowl on Feb. 5, according to the National Restaurant Association. And 12 million more will watch the big game - broadcast this year on Comcast and General Electric's NBC......

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Deutsche Post told to repay aid

Filed under Stock News headlines 3 months ago

The European Commission tells Deutsche Post DHL to repay between 500m euros ($648.3m, £415.9m) and 1bn euros in state......

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WellPoint shares down 6% on earnings miss

Filed under Stock News headlines 3 months ago

LOS ANGELES (MarketWatch) -- Shares of health insurer WellPoint Inc. were down nearly 6% in morning trading Wednesday after the company reported fourth-quarter earnings that fell short of analyst expectations. The Indianapolis-based company said net income was $335.3 million, or 96 cents a share,......

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Roche to make $5.7bn Illumina bid

Filed under Stock News headlines 3 months ago

Swiss drugmaker Roche says it plans to make an offer of $5.7bn for DNA research company......

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Backlash over Google privacy move

Filed under Stock News headlines 3 months ago

Critics question whether Google's privacy changes will simplify settings or give users less......

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Guidewire shares soar more than 30% in IPO

Filed under Stock News headlines 3 months ago

SAN FRANCISCO (MarketWatch) - Shares of Guidewire Software soared more than 30% Wednesday as the company began trading on the New York Stock Exchange. The stock opened at $16.75 after the company priced 8.85 million shares at $13 a share, above an expected range of $10 to $12 a share. Market Pulse......

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Textron shares soar as turnaround takes hold

Filed under Stock News headlines 3 months ago

SAN FRANCISCO (MarketWatch) -- Textron Inc. shares soared as much as 13% at the open Wednesday after the company offered a 2012 outlook that far exceeded what analysts had been expecting. In its fourth-quarter report, the company said it now sees full-year earnings of $1.80 to $2 a share, signaling......

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FHFA home-price index rises 1% in November

Filed under Stock News headlines 3 months ago

WASHINGTON (MarketWatch) -- U.S. home prices rose a seasonally adjusted 1% in November, the Federal Housing Finance Agency said Wednesday. Over the year, prices are down 1.8%, and are 18.8% below a peak set in April 2007, according to the regulator. For October the index was downwardly revised to a......

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O2 mobile web privacy flaw claim

Filed under Stock News headlines 3 months ago

O2 is accused of revealing mobile phone numbers to visited websites, using mobile......

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Apple shares jump on strong earnings

Filed under Stock News headlines 3 months ago

NEW YORK (MarketWatch) -- Shares of Apple Inc. rose 7.6% in Wednesday preopen trading after the technology firm released its quarterly earnings report yesterday, beating Wall Street's expectations and more than doubling year-ago profit. Apple's stock traded Wednesday at $451.73, up from Tuesday's......

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Motorola Solutions sales up 5%

Filed under Stock News headlines 3 months ago

NEW YORK (MarketWatch) -- Motorola Solutions Inc. said Wednesday its fourth-quarter profit fell to $184 million, or 56 cents a share, from $292 million, or 86 cents a share, in the year-ago period. Earnings from continuing operations increased to 55 cents a share from 50 cents a share. Breaking out......

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Apple price target upped at Canaccord

Filed under Stock News headlines 3 months ago

NEW YORK (MarketWatch) -- Analysts at Canaccord said on Wednesday that they set a price target of $650 a share for Apple Inc. and said that it is possible the firm will set a dividend this year to return money from its cash hoard to shareholders. Canaccord previously had a $560 a share price target......

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Occidental Petroleum profit up 33%

Filed under Stock News headlines 3 months ago

NEW YORK (MarketWatch) -- Occidental Petroleum Corp. said Wednesday its fourth-quarter profit increased to $1.6 billion, or $2.01 a share, from $1.2 billion, or $1.49 a share, in the year-ago period. The Los Angeles-based oil producer's adjusted profit rose to $2.02 a share from $1.58 a share.......

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Automatic Data Processing’s revenue climb 7%

Filed under Stock News headlines 3 months ago

LONDON (MarketWatch) -- Automatic Data Processing Inc. Wednesday reported second-quarter earnings of $375 million, or 77 cents a share, compared with $310 million, or 63 cents a share, in the year-ago period. Revenue climbed 7% to $2.6 billion from $2.4 billion in the fourth quarter last year.......

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