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| 1. |
Judge: Countrywide shareholders' suit can proceed
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AP
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42 minutes ago
A federal judge has ruled that a shareholder lawsuit against Countrywide Financial Corp. executives and directors should go to trial, rejecting several arguments by the troubled mortgage lender to dismiss the case.
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| 2. |
SEC charges Broadcom co-founders in options probe
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AP
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1 hour, 32 minutes ago
Securities regulators on Wednesday charged Broadcom Corp. co-founders Henry T. Nicholas III and Henry Samueli with falsifying the company's reported income, leading to what is believed to be the largest accounting restatement yet because of backdating stock options.
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| 3. |
Judge rejects Countrywide's arguments: report
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Reuters
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2 hours, 41 minutes ago
Directors and officers of mortgage lender Countrywide Financial must answer shareholder accusations of insider trading and failure to monitor lending practices that led to the company's collapse, a federal judge in California has ruled, the New York Times reported.
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| 4. |
Report: GE set to auction appliance business
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AP
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2 hours, 54 minutes ago
General Electric Co. plans to auction off its Louisville, Ky.-based appliances business, The Wall Street Journal reported Wednesday.
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| 5. |
Report: Investor to lead fight against Yahoo board
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AP
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2 hours, 59 minutes ago
Billionaire investor Carl Icahn reportedly has decided to lead a mutiny against Yahoo Inc.'s board in an attempt to pressure the directors into reviving negotiations to sell Yahoo to Microsoft Corp.
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| 6. |
LG Elec shares jump to record, outlook strong
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Reuters
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Wed 9:42 pm ET
Shares in LG Electronics Inc jumped nearly 6 percent early on Thursday, hitting its lifetime high, as a strong earnings outlook coupled with the won's recent weakness boosted demand for the stock.
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| 7. |
Mesa Air shareholders approve debt plan
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AP
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Wed 9:30 pm ET
Mesa Air Group Inc. said Wednesday its shareholders authorized it to issue millions of new shares to pay off upcoming costs.
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| 8. |
AP source: United, Continental in alliance talks
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AP
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Wed 9:16 pm ET
United Airlines and Continental Airlines Inc. are talking about forming an alliance to gain some benefits of working together without going through a merger, which Continental rejected last month, a person close to the talks said Wednesday.
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| 9. |
Stocks advance after lower inflation reading
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AP
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Wed 9:14 pm ET
Wall Street advanced Wednesday after a better-than-expected report on consumer prices tempered some of the market's concerns about inflation.
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| 10. |
Dr. Henry Samueli and David A. Dull Take Leaves of Absence as Executive Officers of Broadcom
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PR Newswire
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Wed 8:35 pm ET
Broadcom Corporation announced today that Chairman of the Board and Chief Technical Officer, Dr. Henry Samueli, and Senior Vice President and General Counsel, David A. Dull, have each taken leaves of absence as executive
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| 11. |
Earnings: Sina Q1 Revs Up 39 Percent; Net Income Up 87 Percent; Stock Spikes After Hours
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paidContent.org
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Wed 8:18 pm ET
The Chinese internet stocks have all killed it this quarter: Sina reported Q1 revenue of $71.3 million, up 39 percent year-over-year, and comfortably ahead of a previous forecast of $66-$68 million.
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| 12. |
IBD's Top 10 - Wednesday
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Investor's Business Daily
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Wed 7:19 pm ET
Consumer Inflation Cooling
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| 13. |
Big Winners Among New Issues, But Not Many IPOs So Far In '08
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Investor's Business Daily
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Wed 7:17 pm ET
Solar wafer maker ReneSola found its place in the sun. Investors have rung up shares of Visa , too. But despite those blockbuster IPOs this year, many companies have decided to stay private this spring.
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| 14. |
Sina Smashes Q1 Forecasts On Soaring Internet Ad Sales
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Investor's Business Daily
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Wed 7:03 pm ET
Sina continues to reap the benefits of China's growing online ad market.
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| 15. |
ReneSola Tops Q1 Views, Gives Solar Stocks Another Boost
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Investor's Business Daily
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Wed 7:02 pm ET
Solar energy stocks continued their march upward Wednesday after Chinese silicon wafer manufacturer ReneSola beat analysts' first-quarter sales...
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| 16. |
Earnings roundup: J. Sainsbury, Deere
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AP
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Wed 6:31 pm ET
J. Sainsbury PLC, Britain's third-largest grocer, unveiled plans to launch a nonfood online business next year while reporting on Wednesday a 1.2 percent rise in full year net profit.
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| 17. |
Solar Energy Outshines Rest Of ETF Universe
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Investor's Business Daily
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Wed 6:22 pm ET
An upside earnings surprise from ReneSola fueled a sharp rally in solar energy stocks that started Tuesday.
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| 18. |
Money Managers Turn More Bullish
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Investor's Business Daily
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Wed 6:21 pm ET
Inflation fears are pushing recession worries aside, though managers are still wary of slow economic growth.
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| 19. |
Inflation pressures ease despite food price jump
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AP
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Wed 5:47 pm ET
Consumer prices slowed in April despite the biggest jump in food costs in nearly two decades. But with oil near record levels, Americans should brace for more pain at the pump in coming months.
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| 20. |
Whole Foods stock is battered after weak 2Q report
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AP
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Wed 5:34 pm ET
Walking up to the wood beam-arched entrance of her local Whole Foods Market on Wednesday, Barbara Flesher was stopped cold by a mound of Del Monte cantaloupes.
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