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Refining margins boost 4Q profit at Exxon Mobil
Exxon Mobil Corp. said Friday that fourth-quarter earnings rose 6 percent to $9.95 billion with help from higher refining profit margins. The oil ...
News Summary: Pfizer animal health unit IPO soars
GOOD START: Drugmaker Pfizer's initial public stock offering of its animal health business, Zoetis, raised $2.2 billion, the largest IPO by a U.S.
RIM shares down again after new BlackBerry launch
Research In Motion's stock gyrations reflect investors' key concern: Is the BlackBerry maker's new phone the company's savior or isn't it? THE SPARK: ...
Shell earnings rise in Q4 on refining turnaround
Royal Dutch Shell PLC said Thursday it plans to continue investing aggressively in new projects in the coming years, as it sees a bright future for ...
Constellation sinks as US sues to block beer deal
Shares of Constellation Brands sank Thursday after the U.S. Justice Department filed an antitrust lawsuit challenging Anheuser-Busch InBev's proposed ...
Aetna 4Q profit sinks 49 pct, medical costs climb
Aetna's fourth-quarter net income sank 49 percent as higher medical costs squeezed profitability for the insurer's commercial health coverage, and ...
Dow Chemical sees deterioration in China in 4Q
Dow Chemical saw significant deterioration in key markets during the fourth quarter, particularly in China, and posted a wider fourth-quarter loss ...
Facebook 4Q results surpass estimates, stock falls
Facebook delivered fourth-quarter results above Wall Street's expectations on Wednesday and sought to show that it has finally transformed into a ...
New BlackBerry won't be released in US until March
Research In Motion Ltd. unveiled new, versatile BlackBerrys after excruciating delays allowed Apple, Samsung and others to build commanding leads in ...
Investors give cool reception to new BlackBerrys
The long-awaited debut of new BlackBerry smartphones flopped on Wall Street. The stock of BlackBerry maker Research in Motion Ltd. started to sink ...
RIM changes name to BlackBerry, unveils 2 phones
After lengthy delays, Research In Motion Ltd. unveiled its first two phones with the new BlackBerry 10 system. The Q10 will have a physical keyboard, ...
Microsoft retools Office for touch screen, Web use
Microsoft is aiming its redesigned Office software at the growing number of people who expect their favorite applications to be at their fingertips, ...
Amazon posts lower 4Q net income but stock jumps
Amazon's fourth-quarter net income fell 45 percent, as sharply higher revenue failed to keep pace with increased spending on order fulfillment and ...
Pfizer Q4 net jumps on sale of nutrition business
Drugmaker Pfizer Inc.'s fourth-quarter results easily beat Wall Street expectations, driving up its stock, as profit more than quadrupled, due to ...
After big rally, RIM selling off before launch
Research In Motion investors are turning skittish ahead of Wednesday's critical launch of the company's much-delayed new BlackBerrys. THE SPARK: The ...
Yahoo's 4Q report shows more signs of progress
Yahoo got a little healthier during the last three months of 2012 as the long-suffering Internet company took advantage of higher ad prices and more ...
They're back: J. C. Penney adds sales
J.C. Penney is bringing back sales. The struggling department store chain this week will begin adding back some of the hundreds of sales it ditched ...
Halliburton 4Q tops Wall Street expectations
Halliburton's net income for the fourth quarter fell 26 percent because of a decline in North America, where drilling activity slowed and the company ...
Exxon passes Apple as most valuable company
Exxon has once again surpassed Apple as the world's most valuable company after the iPhone and iPad maker saw its stock price falter. Apple Inc.
Netflix enjoys marquee day as stock soars 42 pct
Netflix's rollercoaster ride on Wall Street surged to new heights Thursday. The company's stock climbed $43.60 to close at $146.86 as investors ...
Analysts to Apple: Bend your knee to Wall Street
Apple needs to start making nice with Wall Street, analysts said Thursday as investors hammered the company's stock. The sell-off put Apple a ...
3M says 4Q profit rose 3.9 percent
Post-it notes and other office products helped lift 3M's fourth-quarter profit, despite a slowdown in other parts of its business. The Maplewood, Minn
Nokia returns to profit but sales keep dropping
Struggling Nokia Corp. turned a fourth-quarter net profit of €202 million ($270 million) compared with a loss of $1 billion a year earlier, but ...
US futures mixed as earnings roll out
Stock futures are mixed for the third straight day as U.S. companies, particularly in the tech sector, are being either trounced or adored by ...
Amgen 4Q profit drops 16 pct. on higher spending
Drugmaker Amgen Inc. on Wednesday posted a 16 percent drop in fourth-quarter profit, as higher costs for production, marketing, research and other ...