Quantcast

Tag Archives: stock

Apple shares retreat after rare earnings miss

NEW YORK — Apple’s stock fell Wednesday after the company did something un-Apple-like: posting results below Wall Street expectations. Late Tuesday, Apple Inc. reported that in the latest quarter, earnings rose a mere 21 percent from the year before, not ...

Read More »

Manchester United files for IPO in U.S.

NEW YORK — Manchester United plans to go public. In the United States, to boot. The record 19-time English champions filed a registration statement with the Securities and Exchange Commission on Tuesday to hold an initial public offering of stock ...

Read More »

Bank of America, Barclays sell Archstone stake

NEW YORK — Bank of America Corp. and Barclays Bank PLC are selling their stake in the apartment building owner Archstone to Lehman Brothers Holdings Inc.’s bankruptcy estate for $1.58 billion. The transaction disclosed Friday for the banks’ 26.5 percent ...

Read More »

Where are Facebook’s friends? Stock down after IPO

NEW YORK — Facebook was supposed to soar. Instead, it plunged. After the social network’s stock fizzled on Friday in its long-awaited debut, its stock fell 11 percent on Monday, even as the rest of the stock market rallied. The ...

Read More »

Human Genome adopts ‘poison pill’ measure

ROCKVILLE — Biotech drugmaker Human Genome Sciences Inc.’s board has adopted a “poison pill” shareholder rights plan to ward off unsolicited takeover bids, and it also has rejected a buyout offer worth nearly $2.6 billion from British pharmaceutical giant GlaxoSmithKline ...

Read More »