Yelp Reports Surprise Profit, Shares SoarYelp reported a surprise profit in its third quarter as people posted more reviews on its site. The company also said that it will cut 175 jobs as it abandons its plan to expand into international markets.
Warren Buffett's Company Buys 9.8 million Apple SharesInvestors might question Warren Buffett's long-standing aversion to tech stocks after his Berkshire Hathaway bought 9.8 million shares of Apple.
Rovi Buying TiVo In $1.1B Cash & Stock DealDigital TV listing company Rovi is buying TiVo in a cash-and-stock deal valued at about $1.1 billion. Rovi Corp. said Friday that it will pay $10.70 in cash and stock for each TiVo Inc. share.
American Airlines Beats Street 1Q ForecastsAmerican Airlines Group Inc. (AAL) on Friday reported first-quarter net income of $700 million.
J.C. Penney Posts 4Q Loss, But Is Winning Back CustomersJ.C. Penney Co. is reporting its fourth-quarter loss widened from a year ago, dragged down by restructuring costs. But its adjusted profit met analysts' estimates and the department store chain saw an uptick in spending for the holidays.
American Airlines Beats 4th Quarter Profit ForecastsFort Worth-based American Airlines reported a record profit for the fourth quarter and all of 2015 as a sharp drop in fuel prices more than offset lower revenue.
American Airlines Beats 3Q Profit ForecastsAmerican Airlines Group Inc. (AAL) on Friday reported third-quarter earnings of $1.69 billion.
American Airlines CEO To Be Paid Entirely In Company StockThe CEO of American Airlines received compensation valued at $12.3 million last year and will stop drawing a salary and instead be paid entirely in company stock.
American Airlines To Join S&P 500S&P Dow Jones Indices says that American Airlines Group will soon be joining the S&P 500 index.
JC Penney Shares Slide After 4Q MissShares in J.C. Penney Co. are tumbling in aftermarket trading after the department store chain posted disappointing results for its key holiday-shopping-season quarter.
JC Penney Plans Public Stock Offering To Raise Funds J.C. Penney Co. plans to sell up to 96.6 million shares of common stock in a public offering, the latest indication the chain is looking to shore up its cash reserves.
JC Penney Board Member Resigns, But Problems RemainThe boardroom drama may be over, but J.C. Penney is still grappling with an uncertain future.