JCPenney Shares Tumble After Weak Profit OutlookJ.C. Penney is issuing a weak profit forecast as it accelerated its move to slash prices on goods to clear out inventory. Shares are tumbling more than 25-percent in premarket trading.
Tesla's Stock Shaping Up To Possibly Have Worst Week Of YearTesla's shares are shaping up to possibly have their worst week of the year so far as lower-than-expected production, increased competition and a review from an industry group weigh on the electric car maker.
Losses J.C. Penney Double, Sales And Shares SlideJ.C. Penney Co. is reporting a loss of $180 million in its fiscal first quarter.
Snap Stock To Debut Today After Better-Than-Expected IPOThe company behind the popular messaging app Snapchat is expected to start trading Thursday after a better-than-expected stock offering.
Warren Buffett's Bite Of Apple Even Bigger Than Was ThoughtWarren Buffett says he's investing heavily in Apple, believing that once consumers begin using the company's products they aren't likely to stop.
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.
GM Profits More Than Double On Record N. America EarningsGeneral Motors' first quarter profit more than doubled as all of its business units posted improved numbers including record pretax earnings in North America.
Stricter Rules Unveiled For Brokers Giving Retirement AdviceThe Obama administration is unveiling rules that will require brokers who recommend investments for retirement savers meet the stricter standard that now applies to investment advisers.
American Airlines To Give Profit Sharing To EmployeesComing off record earnings, American Airlines says it will make profit-sharing payments to employees. Fort Worth-based American said Wednesday that it will share 5 percent of its pretax earnings.
Weight Watchers Stock Soars As Oprah Ad Airs On TVWeight Watchers is getting another boost from Oprah Winfrey. The weight loss company's shares are soaring as a TV commercial starring Winfrey begins to air.