By Rex Crum, MarketWatch
SAN FRANCISCO (MarketWatch) -- Netflix Inc. claimed the tech sector spotlight Tuesday as the Internet-based video-streaming company's shares surged in the wake of an upbeat quarterly earnings report and plans to increase prices for new subscribers in order to help acquire more online video content.
Watson Group Invests in Fluid, Inc. to Advance New App into the Marketplace That Empowers Online Shoppers with Watson's Expertise and Personalized Advice
ARMONK, N.Y. , April 22, 2014 /PRNewswire/ -- Imagine having access to your own personal shopping assistant anytime, anywhere.
ENGLEWOOD, Colo., April 22, 2014 (GLOBE NEWSWIRE) -- Gevo, Inc. (Nasdaq:GEVO) , the world's only commercial producer of renewable isobutanol, announced today that it has come to an agreement with Lufthansa to evaluate Gevo's renewable jet fuel with the goal of approving Gevo's alcohol-to-jet fuel (ATJ) for commercial aviation use.
BEIJING , April 22, 2014 /PRNewswire/ -- Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA) , a leading provider of internet content and marketing services for China's fast-growing automotive industry, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2013 with the Securities and Exchange Commission on April 22, 2014 .
By Juliet Chung
David Einhorn's Greenlight Capital Inc. lost 1.5% in the first quarter, the New York hedge fund said Tuesday in an investor letter, in which it warned about "our second tech bubble in 15 years."
Greenlight said it lost money on its bets against Keurig Green Mountain Inc.(GMCR) and Chipotle Mexican Grill Inc.(CMG) , among other wagers, while making money on Micron Technology Inc.(MU)
Greenlight added new stakes in Japanese regional bank Resona Holdings , solar power-plant developer SunEdison Inc.(SUNE), telecom business Altice SA and specialty retailer Conn's Inc.(CONN), while shorting several "high-flying momentum stocks" it didn't identify.
Adjusted diluted earnings per share for Q1-2014 increased eight per cent
to C$0.66 (1)
VANCOUVER , April 22, 2014 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) today
reported its financial and operating results for the first quarter
ended March 31, 2014 .
ATLANTA, April 22, 2014 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE:MWA) announced that its Board of Directors declared a quarterly dividend of 1.75 cents ($0.0175) per share, payable on or about May 20, 2014 to stockholders of record as of the close of business on May 9, 2014.
SAN FRANCISCO (MarketWatch) -- AT&T Inc. (T) on Tuesday reported a first-quarter profit of $3.65 billion, or 70 cents a share, compared with earnings of $3.7 billion, or 67 cents a share, in the same period a year ago.
NEW YORK (MarketWatch) -- Skechers USA Inc. shares (SKX) rallied Tuesday after the company handily beat first-quarter earnings estimates as strength in its wholesale business offset the impact of a late Easter and harsh winter weather.
By Anora Mahmudova, MarketWatch
NEW YORK (MarketWatch) -- The U.S. stock market closed higher Tuesday, with the S&P 500 extending its winning streak to six days, the longest streak of gains since September 2013.
Starboard Gratified by the Strong Show of Shareholder Support for the Special Meeting Ahead of the Goal Date for Submissions Urges the Company to Hold the Special Meeting Promptly without Unnecessary Delay
Cautions Company Not to Seek to Complete a Red Lobster Separation Prior to the Special Meeting NEW YORK , April 22, 2014 /PRNewswire/ -- Starboard Value LP (together with its affiliates, "Starboard"), one of the largest shareholders of Darden Restaurants, Inc. ("Darden" or the "Company") (NYSE: DRI) , with ownership of approximately 5.5% of the outstanding common stock of the Company, announced today that it has delivered by letter to Darden written requests from the holders of more than 55% of the Company's outstanding common stock to call a special meeting of shareholders (the "Special Meeting"). At the Special Meeting, Starboard will present a non-binding resolution urging the Board of Directors of Darden (the "Board") not to approve any agreement or
NEW YORK , April 22, 2014 /PRNewswire/ -- Harwood Feffer LLP ( www.hfesq.com ) is investigating potential claims against the board of directors of Cbeyond, Inc. ("Cbeyond" or the "Company") (NASDAQ: CBEY) concerning the proposed acquisition of the Company by Birch Communications Inc. ("Birch").
Under the terms of the proposed transaction, Cbeyond shareholders would receive the right to receive between $9.97 and $10 per share.
2014 First Quarter Earnings Conference Call
BETHLEHEM, Pa., April 22, 2014 (GLOBE NEWSWIRE) -- OraSure Technologies, Inc. (Nasdaq:OSUR) has scheduled its regular earnings conference call covering 2014 first quarter results and certain 2014 financial guidance for 5:00 pm ET (2:00 pm PT) on Wednesday, May 7, 2014.
MADRID (MarketWatch) -- GlaxoSmithKline Group PLC (uk:gsk)(GSK) said Tuesday that it will sell its oncology portfolio to Novartis AG (ch:novn) for $16 billion, as part of a three-part transaction that also involves consumer healthcare and vaccines.
SAO PAULO , April 22, 2014 /PRNewswire/ -- GOL Linhas Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL), (S&P: B, Fitch: B-, Moody's: B3), the largest low-cost and low-fare airline in Latin America , in association with the Ceara state government, hereby announces the launch of direct flights between Pinto Martins Airport, in Fortaleza , and Ezeiza International Airport, in Buenos Aires , beginning on May 10 .
TORONTO, ON--(Marketwired - April 22, 2014) - One-in-five Canadians with a written will (22%) plan to leave some of their estate to charity, with the primary reason to give back to society (60%), according to Scotiabank's annual Investment Poll.
By David Benoit
Activist investor William Ackman and Valeant Pharmaceuticals International Inc. revealed their offer to acquire the wrinkle treatment maker AllerganInc.
Valeant's offered to swap each Allergan (AGN) share for $48.30 in cash and 0.83 shares of Valeant common stock.
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