'Fast Money' Recap: Trading on Geopolitical Tensions
at The Street - 1 hr 12 mins ago
The trading panel discussed the downing of a Malaysian airliner over Ukraine, Israel's ground war in Gaza and whether to invest in Google and IBM.
Axed Nokia X phones suffered from lack of identity
By ANICK JESDANUN - AP - Thu Jul 17, 11:03PM CDT
NEW YORK (AP) — The Nokia X phones that Microsoft discontinued this week blend two rival operating systems, but leave out the best of each.
Dow Drops on Geopolitical Day, but Morgan Stanley and Google Report Earnings
Jack Kramer and Nick Martell, The Motley Fool - Motley Fool - Thu Jul 17, 10:00PM CDT
German sausage manufacturers forming a "meat cartel" to jack up prices on your favorite bratwurst is annoying -- but it's not a "geopolitical disaster." The Dow plummeted 161 points Thursday for its worst loss in three months after the Malaysia...
Why The Dow Sank and Google Gained After Hours
Jeremy Bowman, The Motley Fool - Motley Fool - Thu Jul 17, 9:00PM CDT
Stocks tumbled today as concerns about escalating tensions in Ukraine combined with a weak housing report to push major indexes down by about 1%. The Dow Jones Industrial Average lost 161 points, or 0.9%, while the S&P 500 fell 1.2%, and...
Google Inc. Rises on Mixed Q2 Results; Surprising Management Change
Anders Bylund, The Motley Fool - Motley Fool - Thu Jul 17, 7:46PM CDT
Shares of online giant Google rose just more than1% in after-hours trading. Google just released mixed results for the second quarter of 2014, along with a surprising management change. First, the numbers. Google's revenue rose 22% year over...
FedEx charged with assisting illegal pharmacies
By PAUL ELIAS - AP - Thu Jul 17, 7:22PM CDT
SAN FRANCISCO (AP) — Federal authorities on Thursday charged FedEx with assisting illegal pharmacies by knowingly delivering painkillers and dangerous drugs to customers without prescriptions.
Is This What Apple, Inc.'s Payments Service Will Be Called?
Evan Niu, CFA, The Motley Fool - Motley Fool - Thu Jul 17, 7:00PM CDT
Slowly but surely, Apple continues to piece together various aspects of a possible payments service. Tim Cook continues to drop hints of Apple's ambitions, further fueling speculation. That includes tidbits such as saying the mobile payments...
Google's 2Q revenue gains eclipse earnings miss
By MICHAEL LIEDTKE - AP - Thu Jul 17, 6:38PM CDT
SAN FRANCISCO (AP) — Google's earnings rose modestly in the second quarter as the Internet company's expensive ambitions devoured most of a surprisingly strong gain in revenue.
Longtime Apple director steps down from board
By MICHAEL LIEDTKE - AP - Thu Jul 17, 6:34PM CDT
SAN FRANCISCO (AP) — One of the most trusted advisers to late Apple CEO Steve Jobs is retiring from the iPhone maker's board of directors.
Here's Why Google Fiber Could Be Virtually Uncontested in the Fiber Internet Market
Michael Nielsen, The Motley Fool - Motley Fool - Thu Jul 17, 6:00PM CDT
Google Fiber... What an awesome concept. An Internet connection speed that is up to 100 times faster than today's average broadband. Google Fiber is pretty awesome -- but it is by no means the only fiber optic Internet service available. ...
Google Street View cars
at Investor's Business Daily - Thu Jul 17, 5:49PM CDT
Google (GOOGL) Street View cars in Boston, Staten Island and Indianapolis haven't just been mapping streets lately. Outfitted with methane sensors, the cars have been tracking down thousands of natural-gas leaks below street level as part of a pilot...
Level 3 Near Six-Year Highs After Long, Choppy Ride
at Investor's Business Daily - Thu Jul 17, 5:34PM CDT
Many stock charts are straightforward, with a clearly defined base, buy point and breakout. But once in a while you'll see one that isn't as easy to decipher. Take Level 3 Communications (LVLT). The stock began building a long, deep base in July...
The C In CAN SLIM Stands For Current Earnings Growth
at Investor's Business Daily - Thu Jul 17, 5:28PM CDT
Investors prospecting for the next big stock market winner study many company traits, both fundamental and technical. One characteristic stands out best as defining whether a stock is a potential winner: earnings growth in the most recent quarter or...
IBM, Google Report Solid Revenues for Q2 - Analyst Blog
Mark Vickery - Zacks Investment Research - Thu Jul 17, 5:04PM CDT
Two tech titans -- Google (GOOGL) and IBM (IBM) -- reported Q2 earnings after the bell on Thursday, with mostly positive results for both companies.
Can Yelp Overcome the Google Threat?
Sharda Sharma, The Motley Fool - Motley Fool - Thu Jul 17, 5:00PM CDT
Online local guide Yelp has appreciated remarkably over the last year, with shares gaining 80%. The company's key metrics have improved rapidly, and its focus on mobile should help it sustain that outstanding performance going forward. However,...
Microsoft CEO pivots sharply with 18,000 job cut
By RYAN NAKASHIMA - AP - Thu Jul 17, 4:58PM CDT
LOS ANGELES (AP) — Microsoft announced the biggest layoffs in its 39-year history Thursday, outlining plans to cut 18,000 jobs in a move that marked the CEO's sharpest pivot yet away from his predecessor's drive for the company to make its own devices.
Business Highlights
The Associated Press - AP - Thu Jul 17, 4:55PM CDT
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Google Up, IBM Down After Earnings Reports
at Investor's Business Daily - Thu Jul 17, 4:06PM CDT
Google (GOOGL) shares rose in extended trading after the company beat second-quarter sales estimates, but IBM (IBM) fell after its results. Google reported operating EPS of $6.08, below the consensus estimate of $6.25. Revenue of $15.96 billion...
Why Google (GOOGL) Stock Is Up in After-Hours Trading Today
at The Street - Thu Jul 17, 3:23PM CDT
Google (GOOGL) is up after-hours Thursday after beating analysts' estimates for revenue in the second quarter.
Google, Novartis Collaborate to Develop Smart Lenses - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 17, 3:21PM CDT
Google Inc. (GOOGL) recently declared that it has signed a definitive agreement with pharmaceutical firm, Novartis (NVS) to create smart contact lenses for diabetics to monitor their blood sugar levels and help farsighted people improve their eyesight.