shares – News Stories About shares - Page 3

Weak Wal-Mart Profits Turn Smiles Upside-Down

Aug 14, 2007 10:28 AM CDT

Weak Wal-Mart Profits Turn Smiles Upside-Down

Stock dips in early trading on anemic report

(Newser) - Wal-Mart stock saw its biggest dip in five years in early trading this morning, after Q2 profits rose less than analysts had expected. The Arkansas-based behemoth says full-year profit will total $3.13 a share, 3 cents lighter than its projections: Bloomberg reports that surging gas prices, faltering home sales...

Amazon Stock Soars on Booming Sales

Jul 25, 2007 4:50 AM CDT

Amazon Stock Soars on Booming Sales

Shares jump 21.4% as retailer boosts volume worldwide

(Newser) - Amazon.com shares shot up 21.4% in after-hours trading yesterday following a report that profits more than tripled in the second quarter thanks to booming sales and a new membership program that offers express shipping for a flat fee, reports the Wall Street Journal. The bump boosted the stock...

Loan Giant Sallie Mae Goes Private

Apr 17, 2007 8:37 AM CDT

Loan Giant Sallie Mae Goes Private

Nation's largest student lender is sold for $25 billion

(Newser) - A group of investors is buying student lending giant Sally Mae for $25 billion, even as Capitol Hill debates reducing federal subsidies for student loans. The company—which began as a quasi-public agency—will be taken private by Bank of America, JPMorganChase, and private equity houses J. C. Flowers and...

Stocks Swing on CEO House Size

Apr 13, 2007 1:55 PM CDT

Stocks Swing on CEO House Size

(Newser) - Don't buy stock in a company whose CEO lives in a huge house, a new study says. CEOs who move into regular-sized digs —5,600 square feet for the typical company head — see their company's stock jump an average 6% the following year. Those who go palatial...

Kerkorian Offers $4.5 Billion
For Chrysler

Apr 5, 2007 4:18 PM CDT

Kerkorian Offers $4.5 Billion For Chrysler

Dumped his shares last time around; now is ready with cash

(Newser) - Beverly Hills billionaire Kirk Kerkorian has offered to buy the Chrysler group for $4.5 billion. Kerkorian's investment company, Tracinda Corp., can pay cash for the ailing automotive giant, and is pitching an extra $100 mil for an exclusive two-month period to run due diligence. Tracinda told parent DaimlerChrysler it...