Market Overview

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Jane Sanders

05/15/2012 - 10:10am
Groupon may have had first quarter revenue of $559.3 million, but its larger legacy may be creating the daily deal industry. LivingSocial, SweetJack and countless other sites have followed in Groupon...
05/14/2012 - 10:10am
Residential Capital, the unprofitable home mortgage portion of Ally Financial (NYSE: ALLY), filed for bankruptcy protection. The Chapter 11 bankruptcy filing will separate Residential Capital from Al...
05/11/2012 - 9:59am
From roses to chocolates, children of all ages are expected to spend more on their mothers this year and give the retail sector a boost over the weekend. The average person will spend $152.52 on gif...
05/10/2012 - 9:52am
Rupert Murdoch's News Corp.
05/09/2012 - 9:51am
AOL (NYSE: AOL) saw a nearly 350% increase in net income in the first quarter of 2012 as the company expenses declined and advertising revenue rose. Restructuring costs decreased $20 million to $7.4...
05/08/2012 - 9:54am
TAP
MillerCoors (NYSE: TAP) net income rose 17.3% as warmer weather enticed customers to bring out beers like Leinenkugel's Summer Shandy earlier in the year. Income for the Denver, Colo., and London-bas...
05/04/2012 - 9:50am
RBS
Royal Bank of Scotland (NYSE: RBS) is taking steps out of government ownership, the latest being a statement that the company will repay the last of its aid from U.K. taxpayers by the end of the month...
05/02/2012 - 9:44am
CVS Caremark (NYSE: CVS) earnings rose 8.8% as increasing numbers of customers brought more revenue. The company earned $776 million, or 59 cents per share, in the first quarter of 2012 compared to $...
05/01/2012 - 9:43am
C, GS, PFE
Pfizer (NYSE: PFE) net income declined 19% in the first quarter of 2012 as the company lost exclusive rights to the cholesterol drug Lipitor. The company reported net income of $1.8 billion, or 24 ce...
04/30/2012 - 9:26am
Books-A-Million (Nasdaq: BAMM) may be bought by its chairman and board members in a transaction valuing the bookseller at $49 million. The Anderson family, lead by Clyde B. Anderson, may purchase the...
04/27/2012 - 9:38am
F, GM
Ford (NYSE: F) one of the big three auto manufacturers, earned $1.4 billion in the first quarter of 2012, $1.2 billion less than a year earlier, as auto sales decreased globally and the company report...
04/26/2012 - 9:40am
F, GM
Chrysler, one of the big three US auto manufactures, reported first quarter earnings four times the level of last year as US retail sales increased 40%. Net income was $473 million in the first quart...
04/25/2012 - 9:36am
APPL, S, T, VZ
Sprint Nextel (NYSE: S) reported a net loss for the first quarter of $863 million, nearly twice the loss reported a year ago, as the company reported expenses related to the shutdown of the Nextel pla...
04/24/2012 - 9:24am
APPL, S, T, VZ
AT&T, the largest US phone company, topped analysts' first quarter estimates as more customers began using smart phones and users spent more time online. AT&T (NYSE: T) earned $3.6 billion, 6...

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