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Adobe Rallies on Q2 Earnings
NEW YORK (TheStreet) -- Adobe shares ROSE 4.36% TO $45.25 after the California-based software company reported strong earnings for its second quarter. Adobe earned 36 cents per share on a non-GAAP basis on $1.01 billion in sales. Analysts were expecting the company to earn 33 cents per share on $1.01 billion in...
thestreet.com (23 seconds ago)
Rupert Murdoch splits empire but keeps faith in tomorrow's newspapers
Rupert Murdoch's News Corporation will be split in half on Wednesday as the mogul hopes to build two new empires out of his vast portfolio of assets. It is likely to prove the octogenarian's final major corporate move, and once again he is betting he has seen an opportunity others have missed. The profitable...
guardian.co.uk (32 seconds ago)
Adobe Systems profit beats as Creative Cloud subscriptions grow
(Reuters) - Adobe Systems Inc, which makes the Photoshop and Acrobat software, reported a higher-than-expected adjusted quarterly profit as demand rose for the subscription-based version of its flagship software package. Shares of the company rose 4.4 percent in after-market trading. Net income fell to $76.5...
yahoo.com (53 minutes ago)
War horses land Aidan O'Brien an unexpected Royal Ascot double
The favourites for the first two races at the 2013 Royal meeting arrived in Britain from the United States and South Africa, but both were beaten by horses that had crossed a sea rather than an ocean. Shea Shea was edged out by Sole Power in the King's Stand Stakes, the second of the three Group Ones at the top of...
guardian.co.uk (1 hour ago)
AMD builds ARM chip into 2014 server lineup
ARM chips already power most of the world's mobile devices and an increasing number of server products, which will include those from Advanced Micro Devices (AMD) come next year. AMD today announced a public strategy and roadmap for its forthcoming server products, which will include the company's first ARM-based...
techradar.com (2 hours ago)
Dawn Approach risk pays off in St James's Palace Stakes at Royal Ascot
For a man who does not gamble, Sheikh Mohammed is on warm and friendly terms with chance. He was in urgent need of a result as Dawn Approach, the 2,000 Guineas winner and abject beaten favourite in the Derby, went into the stalls for the St James's Palace Stakes here on Tuesday. By the length of a playing card, he...
guardian.co.uk (2 hours ago)
Aegon International gives Laura Robson a first victory under new coach
The British No1, Laura Robson, recorded her first win under her new coach, Miles Maclagan, to reach the second round of the Aegon International in Eastbourne. The 19-year-old teamed up with Maclagan before the grass season but lost her first match in Birmingham last week to the eventual title winner, Daniela...
guardian.co.uk (3 hours ago)
London shares close higher ahead of Fed meeting
London shares closed higher on Tuesday as investors hoped the two-day Federal Reserve Board meeting will not spark too sharp a reduction in the Fed's stimulus programme to shore up the United States economy, dealers said. The benchmark FTSE 100 index gained 43.72 points or 0.69 percent to end the day at 6,374.21....
foxnews.com (3 hours ago)
Li Na warms up for Wimbledon with first win on grass
China's Li Na began her grass season with just six days left before the start of Wimbledon, with the sixth seed beating Alize Cornet 6-2, 6-4 to reach the second round of the Eastbourne International on Tuesday. Second seed Li, French Open champion two years ago, moved into a match-up with France's Marion Bartoli, a...
foxnews.com (3 hours ago)
M&T reaches regulatory agreement with Fed
M&T Bank Corp. has reached a written agreement with the Federal Reserve on how it will correct deficiencies in complying with federal anti-money laundering laws, clearing a hurdle blocking M&T’s purchase of Hudson City Bancorp.C. Michael Zabel, an M&T spokesman, described the written agreement as the...
buffalonews.com (3 hours ago)
Rebalance of Russell index to bring volume surge at quarter-end
By Chuck Mikolajczak NEW YORK (Reuters) - Investors accustomed to late market volatility at the end of the quarter should expect an extra jolt on June 28, when billions of dollars in stock trades will be executed in less than two seconds. That is the day Russell Investments sets the final update for the annual...
yahoo.com (4 hours ago)
Rebalance of Russell index to bring volume surge at quarter-end
NEW YORK (Reuters) - Investors accustomed to late market volatility at the end of the quarter should expect an extra jolt on June 28, when billions of dollars in stock trades will be executed in less than two seconds.
reuters.com (4 hours ago)
Bix Youth Jazz Band to perform June 19
Press release submitted by Zobeida Laufenberg The Bix Youth Jazz Band will play on Wednesday, June 19th at 7 p.m. The Quarter in East Moline. The concert is sponsored by Blackhawk Bank & Trust and
qconline.com (4 hours ago)
Oracle's Earnings: What Wall Street's Expecting
NEW YORK (TheStreet) -- Oracle is set to report earnings after the close of trading Thursday, and all eyes will be on whether the tough IT environment is continuing for the software giant. Oracle, led by CEO Larry Ellison, is expected to earn 87 cents per share on $11.12 billion in revenue for its fiscal fourth...
thestreet.com (5 hours ago)
These Teched-Out Catamarans Will Guard the Great Barrier Reef
Simply naming an area like Australia's Great Barrier Reef as a World Heritage Site isn't going to protect its delicate ecosystem. To prevent poachers, fisheries, and inconsiderate tourists from damaging the reefs and disturbing its residents, Australia is building a fleet of solar-powered shepherd ships. The...
gizmodo.com (5 hours ago)
Dawn Approach wins thrilling St James's Palace Stakes at Royal Ascot
Dawn Approach is back in the winner's enclosure after a thrilling battle with Toronado in the St James's Palace Stakes, the highlight of day one at Royal Ascot. He prevailed by a short-head at the end of a dramatic race, with favourite-backers kept on tenterhooks by a photo-finish and then a stewards' inquiry....
guardian.co.uk (5 hours ago)
'First Look': First News for June 18
Lead stories from "First Look with Scott Cox's" Big 6: METH: A Bakersfield man is arrested after deputies say they found about two pounds of meth in his car and home. Deputies conducted a traffic stop on a car for Vehicle Code violations in the area of Di Giorgio and S. Fairfax roads Saturday evening and arrested...
bakersfieldcalifornian.com (5 hours ago)
Home loan payoffs in Colorado surge in the first quarter of 2013
The number of home loans paid off in Colorado was up 31.4 percent from the first quarter of 2012 to the first quarter of 2013, according to a report released Tuesday by the Colorado Division of
denverpost.com (5 hours ago)
Costa and Premier Inn lift Whitbread’s first-quarter like-for-like sales
The recent cold snap may have done little for Whitbread’s Beefeater and Brewers Fayre pub-restaurants, but it did wonders for...
thetimes.co.uk (5 hours ago)
Woman who was on death row released
INDIANAPOLIS -- A woman who was sentenced to death at age 16 after she confessed to her part in the torture and murder of a 78-year-old bible studies teacher has been released from an Indiana prison after spending a quarter century behind bars.
newsday.com (6 hours ago)
Jefferies net off on drop in fixed income revenue
Jefferies Group LLC, the investment bank recently acquired by Leucadia National Corp. (LUK), reported its fiscal second-quarter profit slumped 34% as fixed income revenue took a hit amid what Chief Executive Richard B. Handler called a "tepid and cautious" environment.
marketwatch.com (6 hours ago)
Costa Coffee heats up Whitbread sales in a freezing Spring
First-quarter sales rise as customers take shelter at Costa Coffee in the coldest Spring's in fifty years.
telegraph.co.uk (7 hours ago)
European Car Sales Drop To 20-Year Low, Germany Clobbered
When the S&P, always so conveniently ahead of the curve, yesterday revised its forecast for Europe from growth in the second half of 2013 to 2014 one couldn't help but golf clap, as well as wonder if they finally started looking at the fundamental depressionary reality on the ground instead of the rating...
zerohedge.com (8 hours ago)
Turkey arrests dozens as crackdown on protests against Erdoğan continues
Police conducted raids across Turkey on Tuesday and detained dozens of people in an operation linked to three weeks of protests against the country's prime minister, Recep Tayyip Erdoğan. Overnight in the capital, Ankara, riot police used teargas and water cannon to disperse hundreds of protesters who had gathered...
guardian.co.uk (8 hours ago)
Salmon: Why Netflix Is Producing Original Content
NEW YORK (Reuters Blogs) -- Matthew Ball has a long examination of the economics of Netflix's original content, looking at it on a show-by-show level. He starts with the cost of producing something like "Arrested Development," and then works out how many extra subscribers Netflix would need to attract in order to...
thestreet.com (9 hours ago)
Protesters flood Brazilian cities over World Cup spending
A quarter of a million people flooded the streets of cities across Brazil last night to protest against police violence, political corruption and World Cup spending.
telegraph.co.uk (10 hours ago)
Micron Could Be a Buy Ahead of Earnings
NEW YORK (TheStreet) -- It's very rare a company can double in share price in a six-month period and still be a mystery to investors. This puts shares of memory maker Micron Technology in very exclusive company. In fact, since the stock bottomed at $5.16 on Oct. 24, Micron is up a remarkable 147%. With third-quarter...
thestreet.com (11 hours ago)
Poor British weather hits sales at Whitbread restaurants
Sales at Whitbread, the parent company of Costa Coffee and Premier Inn, rose in the first quarter as the coldest spring since 1962 hit its restaurant business but drove customers into its coffee shops. The FTSE 100 company reported a 13.8% rise in total sales in the 13 weeks to 30 May, with like-for-like sales up...
guardian.co.uk (13 hours ago)
Dr. Jacob Canick, 68, of Newton; Brown University professor advanced research in prenatal screening
A researcher and teacher, Jacob Canick was a scientist in the division of medical screening and special testing at Women & Infants Hospital of Rhode Island in Providence and was internationally known over the past quarter century for his contributions in the field of prenatal screening.
boston.com (15 hours ago)
AMD slates first ARM server chip, 'Seattle,' for 2014
AMD plans to sample its first ARM-based processors for servers early next year, alongside paired CPUs and integrated graphics cores in an attempt to oust Intel's Xeon from its dominance in the server market. Specifically, AMD's ARM core will be code-named "Seattle," and will ship in volume during the second half of...
pcworld.com (16 hours ago)
