LONDON - Global stocks were back on the front foot on Thursday, as upbeat earnings from tech heavyweights Apple and Facebook helped shake off some of the jitters that have hit the sector in recent weeks.
- Apple expands buybacks by $30 billion, OKs 7-for-1 stock split |
- Buffett: moving oil by rail safely major industry concern |
- Facebook first-quarter revenue grows 72 percent on rising mobile ads
- Exclusive: White House considers former banking lawyer for Fed board - sources
- Exclusive: Marubeni says Chinese authorities detain three staff at grain unit
Recent Business News
SEOUL - South Korea's Hyundai Motor missed analyst estimates by posting first-quarter net profit that was almost identical to a year earlier, as lackluster U.S. performance offset increased sales in China and Korea.
SAN FRANCISCO - Leading mobile chipmaker Qualcomm said on Wednesday it could face a civil action from U.S. authorities over alleged bribery of officials associated with state-owned companies in China.
TOKYO - Japan's most powerful business lobby, Keidanren, plans to introduce corporate governance rules that will require better disclosure, a person familiar with the matter said, but they will stop short of bolder reforms sought by many investors.
TOKYO - Canon Inc raised its full-year operating profit target by a slight 1.4 percent after strong sales of office copiers and printers in the first quarter.
Diversification may be helping to smooth out volatility in Goldman's FICC revenue, but it's smoothing out a decline.