OMAHA, Neb. (AP) — Warren Buffett's company said Friday its first-quarter profit jumped 10 percent on the strength of its railroad and insurance businesses.
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
MOUNTAIN VIEW, Calif. (AP) — In a story April 30 about MobiIeIron Inc.'s earnings, The Associated Press reported that the company's revenue forecast was for the current fiscal quarter ending in June. Its projected revenue in a range of $141.8 million to $151.8 million was for the full year ending in December.
Pricey specialty drugs are helping CVS Health thrive after kicking tobacco sales, with revenue from the treatments pushing first-quarter earnings well above Wall Street expectations for the drugstore chain and pharmacy benefits manager.
WASHINGTON (AP) — U.S. factories expanded in April at the same pace as in March, but manufacturers are starting to curtail hiring in a possible sign of weakness.
Japanese stocks drifted Friday after weak U.S. earnings underlined an uncertain economic outlook and dented Wall Street. Most Asian and European markets were closed for Labour Day.
TOKYO (AP) — Japan's core inflation rate edged up in March and unemployment eased slightly, according to data released Friday, offering glimmers of promise for the world's No. 3 economy as it struggles to get growth back on track after years of stagnation.
Japanese stocks drifted lower Friday after weak U.S. earnings underlined the uncertain economic outlook and dented Wall Street. Most Asian markets were closed for Labour Day.
NEW YORK (AP) — Dumping social media stocks that show any sign of weakness is trending on Wall Street.
SAN JUAN, Puerto Rico (AP) — Gov. Alejandro Garcia Padilla pledged Thursday to negotiate with legislators after they voted down an overhaul of Puerto Rico's tax system, raising concerns about the U.S. territory's economic future. But he warned he would act independently if needed to rectify the government's financial problems.