Topic: FactSet Research Systems Inc.
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In Gear
Zipcar bought by Avis for $500M cashZipcar, the popular car-sharing service, will be bought by rental car company Avis in a cash deal worth nearly $500 million. The merger will help Zipcar meet high weekend demand and should boost Avis' earnings.
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Stocks move higher as budget talks progress
Stocks rose Monday as signs of fiscal cliff progress in Washington made their way to Wall Street. Stock traders paused for a minute of silence at 9:15 a.m. EST to remember those killed in a gunman's rampage through a Connecticut elementary school.
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Costco profit soars 30 percent on high sales, low prices
Costco's profits rose 30 percent in the fiscal first quarter on better sales and more revenue from membership fees. Costco's gain beat analysts' expectations, and stock rose 14 cents per share in premarket trading.
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Stocks climb on hopes for 'cliff'-skirting deal
Stocks rose in afternoon trading Wednesday on signs that the US may avoid the 'fiscal cliff' after all. 'Fiscal cliff' concerns have weighed on stocks since the election.
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Stocks close lower after weak retail reports
Stocks closed lower for the third day straight Thursday after weak reports from the nation's retailers. Debate over the impending fiscal cliff is also weighing on stocks.
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Stocks slide as impasse over budget deficit looms
Stocks fell sharply Wednesday despite a signal from the Federal Reserve that it could launch a program to speed job growth.
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Home Depot gains hint at housing market recovery
Home Depot shares rose nearly 4 percent Tuesday after the home improvement company beat earnings expectations in the third quarter. Glimmers of a housing market recovery and preparations for Superstorm Sandy contributed to Home Depot's strong perfomance.
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Humana profit down, but still beats estimates
Humana earnings hit $426 million in third quarter, down from $445 million a year. But Humana raises earnings guidance for the year, due in part to rising enrollment in its Medicare drug plans.
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Stocks rise on strong economic data
US stocks had their best day since mid-September after reports of strong economic data and good corporate news gave stocks a boost.
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Ford Motor Company: Europe spoils strong US earnings (+video)
Ford' Motor Company's third-quarter profit eased 1 percent to $1.63 billion as European losses swamped record North American profits. Ford Motor Company's revenue fell 3 percent to $32.1 billion as vehicle sales dropped in Europe and South America.
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Burger King net income drops a whopping 83 percent
Burger King said Monday that its third quarter net income dropped 83 percent. Much of the Burger King revenue hit came from the company selling company-owned stores to franchisees.
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Newell Rubbermaid to shed 10 percent of workforce
Newell Rubbermaid, maker of Sharpie pens and its namesake containers, plans to cut 1,900 jobs, or about 10 percent of its worldwide workforce. The cuts are part of a reorganization effort by Newell Rubbermaid over the next two and a half years.
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Market waits for election; earnings disappoint
Stocks wobbled up and down Monday, unsure of how to turn with the presidential election looming near. One stock that jumped was Ancestry.com, the genealogy website, which announced it will be bought by European private equity firms.
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Hasbro income falls on boy, preschool toys
Hasbro's net income fell in the third quarter heading into the holiday shopping season. Sluggish sales for toys aimed at boys and preschoolers dragged down Hasbro profits.
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Microsoft earnings: a miss. Its new era? Unclear.
Missing profit expectations, Microsoft looks to Oct. 26 launch of Windows 8. But skepticism is growing that Microsoft's 'new era' will propel slumping PC sales.
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Gloomy Google report hurts Nasdaq; Stocks fall
Trading of Google stock halted Thursday after a poor earnings report was prematurely published. The report's bleak advertising figures dragged down Facebook stock as well.
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Stocks fall on Asia's gloomy economic outlook
US stocks faltered Monday after the World Bank said Asia's economies won't grow as much as expected this year. The Dow Jones Industrial Average fell 36 points to 13574 an hour after the opening bell.
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Zynga, maker of 'FarmVille,' expects 3Q loss
Zynga expects net loss of 12 to 14 cents a share, after taking a charge of $85 million or more on its purchase of flailing OMGPop. Zynga shares lose 18 percent in after-hours trading.
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RIM surprises market: More people are using BlackBerrys (+video)
RIM stock surges 20 percent in after-market trading, reporting smaller-than-expected losses and gains in BlackBerry subscribers in emerging markets. But RIM's future hangs on delayed BlackBerry 10.
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Stocks edge down as doubts mount about ECB action
Stocks fall slightly on one of the lightest trading days of the year. Stock market weighed down by doubts about how forcefully the European Central Bank might act to head off Europe's debt crisis.
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Apple stock: the market's new MVP
Apple stock surges 2.6 percent in Monday trading. Apple stock is now worth $623.5 billion, beating Microsoft's market capitalization during the Internet boom.
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Dollar Tree earnings up 26 percent. Shares fall.
Dollar Tree earnings beat analysts' estimates and revenues nearly meet estimates. But Dollar Tree investors send shares down 1.8 percent.
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Groupon shares: Suddenly cheaper, but a good buy?
Groupon shares fell 27 percent in trading Tuesday after the company reported its first decline in gross billings. Groupon shares are now down 72 percent from their IPO price last November.
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Facebook shares spook investors now. But long term?
Facebook shares reach lowest level ever as revenue growth slows and investors cash out. Analysts are more upbeat about the potential for Facebook shares.
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How financially tied are Zynga and Facebook?
After Zynga's big loss on Wednesday, investors worry about Facebook's earnings report on Thursday.
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