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Discover Profit Top Estimates As Card Spend Improves

Credit card lender Discover Financial reported an increase in quarterly profit, as more customers used its cards for payments amid some revival in the economy. Results topped Wall Street estim ...
Full article at: RTTNews 22 minutes ago
 

Juniper Results Top Estimates; Outlook Weak

Computer networking gear maker Juniper Networks Inc. (JNPR) said Tuesday after the markets closed that its second quarter profit more than doubled from last year, helped by higher revenue ...
Full article at: RTTNews 26 minutes ago
 

Broadcom Q2 Loss Narrows Sharply, Tops Street - Update

Broadcom Corp. (BRCM) on Tuesday said its loss for the second quarter narrowed from last year, despite hefty impairment charges related to the chip maker's planned exit from cellular base-band business. Broadcom's earnings for the quarter topped Wall Street estimates, but rev ...
Full article at: RTTNews 30 minutes ago
 

Electronic Arts Q1 Profit Rises - Update

Electronic Arts Inc. (EA) Tuesday reported a strong increase in first-quarter profit, driven largely by growth in revenues as gamers purchased titles for the new-gen consoles. As a result, both earnings and revenue for ...
Full article at: RTTNews 56 minutes ago
 

Microsoft Profit Stymied By Nokia Business

Microsoft reported a drop in fourth-quarter profit, due mainly on losses from the Nokia Devices and Services business acquired in April, notwithstanding an 18 percent growth in revenue. Earnings missed Wall Street estimates, while revenue surpassed expectations, as the software company's key businesses continued to fl ...
Full article at: RTTNews 1 hour ago
 

Apple Profit Climbs 12% On Strong IPhone Sales

"Tammy" Apple Pie Truck
Apple Inc. said Tuesday after the markets closed that its third quarter profit rose 12% from last year, as sales surged and margins improved amid strong sales of its iPhones and Mac computers. The company's quarterly earnings per share also came in above analysts' expectations, but its ...
Full article at: RTTNews 1 hour ago
 

Upbeat Economic News Contributes To Strength On Wall Street - U.S. Commentary

The 19th Annual Nantucket Film Festival: Thursday June 26, 2014
After moving notably higher in early trading on Tuesday, stocks continued to perform well throughout the session. The gains on the day offset the modest weakness that was seen in the previous session, extending the recent back-and-forth movement by the marke ...
Full article at: RTTNews 2 hours ago
 

Crude Oil Ends Lower Ahead Of Supply Data

New Zealand v England
U.S. crude oil slipped to end lower on Tuesday, ahead of the official U.S. crude stockpile data from the Energy Information Administration. Investors also continued to keenly monitor the supply disruption scenario amid the ongoing confl ...
Full article at: RTTNews 3 hours ago
 

Appeals Courts Issue Opposing Rulings Over Obamacare Subsidies

President Obama Visits Austin
Two federal appeals courts have issued contradictory rulings over the federal government's ability to provide subsidies under Obamacare, suggesting that the future of President Barack Obama's healthcare law could once again end up in the hands of the ...
Full article at: RTTNews 3 hours ago
 

Gold Ends Lower On Gaza, U.S. Data

Activists Demonstrate Against Israeli Airstrikes In Gaza
Gold futures ended lower on Tuesday, tracking strong global equity markets as investor opted for riskier assets, amid escalating tensions in Gaza. Some upbeat economic data from the U.S. showed existing home sales rising even as inflation increased, with speculations the Fe ...
Full article at: RTTNews 4 hours ago
 



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