Pinterest, Citigroup rise; Innovative Industrial falls
July 15, 2022 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday:
Pinterest Inc., up $2.84 to $20.40.
Activist investor Elliott Management reportedly took a big stake in the digital pinboard and shopping tool company.
Citigroup: Q2 Earnings Snapshot
July 15, 2022 GMTNEW YORK (AP) _ Citigroup Inc. (C) on Friday reported second-quarter earnings of $4.55 billion.
The New York-based bank said it had earnings of $2.19 per share. Earnings, adjusted to account for discontinued operations, came to $2.30 per share.
Citigroup: Q1 Earnings Snapshot
April 14, 2022 GMTNEW YORK (AP) _ Citigroup Inc. (C) on Thursday reported first-quarter net income of $4.31 billion.
The bank, based in New York, said it had earnings of $2.02 per share.
Tempur Sealy, Citigroup fall; Edwards, Duke rise
March 31, 2022 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:
Weibo Corp., down 17 cents to $24.51.
The Chinese social media company announced a $500 million stock buyback plan.
Lululemon, Moderna rise; Comtech, Newmont fall
October 5, 2021 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
Lululemon Athletica Inc., up $4.55 to $397.12.
The athletic apparel maker's board of directors boosted its stock buyback plan by $500 million.
Alector, Virgin Galactic rise; Arrowhead, Boeing fall
July 2, 2021 GMTStocks that traded heavily or had substantial price changes Friday:
Alector Inc., up $12.80 to $35.21.
The biotechnology company is collaborating with GlaxoSmithKline to develop treatments for diseases including Parkinson’s disease and Alzheimer’s disease.
US banks hit by more than a week of cyberattacks
September 29, 2012 GMTU.S. banks have been buffeted by more than a week of powerful cyberattacks, but the mystery surrounding their perpetrators lingers.
One expert said Friday that he was suspicious of claims of responsibility purportedly made by Islamists angry at an anti-Muslim movie made in the United States, explaining that the widely-circulated Internet postings might have been an attempt to deflect attention from the true culprit.
SEC charges 3 Thornburg executives with fraud
March 13, 2012 GMTWASHINGTON (AP) — Federal regulators have charged three executives of what was once the nation's second-largest mortgage company with civil accounting fraud.
The Securities and Exchange Commission said the executives conspired to conceal disastrous conditions at the now-defunct Thornburg Mortgage Inc.
Stronger US economy may strain to top expectations
March 8, 2012 GMTWASHINGTON (AP) — The U.S. economy has been outrunning everyone's expectations.
Factory output has surprisingly surged. Housing, left for dead, is inching back. Most crucially, companies are hiring faster than many envisioned.
Kingdom, Batelco team on bid for Saudi Zain stake
March 13, 2011 GMTDUBAI, United Arab Emirates (AP) — Kingdom Holding Co., the investment company headed by Saudi billionaire Prince Alwaleed bin Talal, and Bahrain's Batelco Group launched a joint bid Sunday for telecom Zain's Saudi operations.
Americans turn to technology to control impulses
December 29, 2010 GMTNEW YORK (AP) — Dan Nainan can't trust himself to work at his computer without clicking on distractions, so he uses an Internet-blocking program to shut down his Web access twice a day.
"I'm sorry, but try as I might, I could never, ever do this on my own," said the New York City comedian who's struggling to finish a book.
Robo-signers: Mortgage experience not necessary
October 12, 2010 GMTNEW YORK (AP) — In an effort to rush through thousands of home foreclosures since 2007, financial institutions and their mortgage servicing departments hired hair stylists, Walmart floor workers and people who had worked on assembly lines and installed them in "foreclosure expert" jobs with no formal training, a Florida lawyer says.
Discover profit falls due to year-ago settlement
September 20, 2010 GMTNEW YORK (AP) — Increased use of its credit cards and improved customer payment habits helped lift Discover Financial Services Co.'s fiscal third-quarter results, the company said Monday.
Sales volume for purchases made with its cards rose 5 percent over a year ago, to $24 billion.