Facebook 1Q results soar; CFO to step down

Facebook 1Q results soar; CFO to step down

AAP Facebook's earnings nearly tripled and revenue grew sharply in the first quarter, surpassing Wall Street's expectations thanks to an 82 per cent increase in advertising revenue. It was the fourth quarter in a row that Facebook beat forecasts as it continues to barrel ahead in mobile advertising at a time when nearly 80 per cent of its users are accessing it on smartphones and other portable g…

Australian Markets

  • Stocks to watch at noon on Thursday AAP - 1 hour 7 minutes ago

    Stocks to watch on the Australian stock exchange at noon on Thursday: AGO - ATLAS IRON - up 4.25 cents, or 4.45 per cent, at 99.75 cents Western Australian iron ore producer Atlas Iron achieved record ...

  • Apple takes steps to lift sagging stock price Associated Press - 2 hours 39 minutes ago

    Apple upstaged Wednesday's release of its fiscal second-quarter earnings by announcing plans to send more cash to its shareholders and split its stock for the first time in nine years. This is what Apple ...

  • Apple increases stock buyback AAP - 2 hours 55 minutes ago
    Apple increases stock buyback

    Apple plans to buy back an additional $US30 billion ($A32 billion) of its stock and raise its quarterly dividend by eight per cent amid a slowdown in revenue growth. The commitment, announced on Wednesday as part of Apple's fiscal second-quarter earnings report, expands on the company's previous pledge to spend $60 billion on stock buybacks by the end of next year. Apple Inc. also is raising its quarterly dividend to $3.29 per share as part its effort to funnel more money to stock holders. The slowdown in revenue growth has prompted investors to wonder whether the company has lost its innovative power since the death of Steve Jobs.

  • Apple increases stock buyback, will split stock Associated Press - 3 hours ago
    Apple increases stock buyback, will split stock

    Apple is doling out more of its cash to shareholders and preparing to split its stock for the first time in nine years in an attempt to win back investors fretting about the iPhone maker's slowing sales ...

  • Apple increases stock buyback, raises dividend Associated Press - 6 hours ago

    Apple plans to buy back an additional $30 billion of its stock and raise its quarterly dividend by 8 percent amid a slowdown in revenue growth. The commitment announced Wednesday as part of Apple's fiscal ...

  • First Clover Leaf Financial Corp. Announces Quarterly Dividend GlobeNewswire - 7 hours ago

    EDWARDSVILLE, Ill. -- First Clover Leaf Financial Corp. (the "Company") announced the approval by its Board of Directors of a cash dividend on its outstanding common stock of $0.06 per share ...

  • Add these 4 top healthcare stocks to your watchlist The Motley Fool Australia - 7 hours ago

    Investors in some of Australia's largest and most successful healthcare stocks have seen spectacular returns over the last 12 months. Gains of over 50% have been common and I believe we will continue to see healthcare stocks outperform. Here are four healthcare stocks set to continue delivering great shareholder returns in the year ahead: Ramsay Health Care Limited (RHC.AX) owns and operates private hospitals in a range of major metropolitan and rural communities.

  • 6 Things You Must Do 36 Months Before Your IPO Entrepreneur - 10 hours ago
    6 Things You Must Do 36 Months Before Your IPO

    If you wait till the last minute, the public offering will disrupt your business. And if that happens, what's the point?

  • Einhorned: Stocks jump on new Greenlight stake CNBC - 12 hours ago
    Einhorned: Stocks jump on new Greenlight stake

    Stocks of SunEdison and Conn's jumped Tuesday on news that David Einhorn's Greenlight Capital had opened new positions in them.

  • Aemetis Files Preliminary Proxy For Consent Solicitation to Approve 1-for-10 Reverse Stock Split Business Wire - 15 hours ago

    CUPERTINO, Calif.--(BUSINESSWIRE)-- Aemetis, Inc. (OTC.QB:AMTX - News), a renewable fuels and biochemicals company with operating plants in California and India, today filed a preliminary proxy for a consent solicitation seeking approval from its stockholders for a 1-for-10 reverse stock split of Aemetis common stock in anticipation of listing on a national exchange. “We believe that a national exchange listing will allow a broad range of institutional investors to participate in the continued growth and success of the company,” said Eric McAfee, Chairman and Chief Executive Officer of Aemetis, Inc. Assuming that the stockholders vote to approve the reverse stock split, upon the effectiveness of the reverse stock split, every ten shares of issued and outstanding Aemetis common stock will be automatically combined into one issued and outstanding share of common stock without any change in the par value per share.

 

Company Finances

  • CIPFE 2014 To Be Held in July: Attracting Delegations From a Number of Countries Business Wire - 2 hours 13 minutes ago

    BEIJING--(BUSINESSWIRE)-- The Beijing International Import Food Expo 2014 (“CIPFE 2014”) is to be held in the Beijing Exhibition Center on July 4-6, 2014. CIPFE 2014, jointly organised by China Chamber of International Commerce (“CCOIC”) and Zhenwei Exhibition Group, has attracted nearly 300 international food companies from over 30 countries and regions, including the US, France, Spain, Italy, Germany, Australia, Japan and South Korea, etc., and will achieve an exhibition floor space of around 10 thousand square meters. It is reported that the expo is the only national-level import food exposition held in Beijing, China. This expo platform enables international food enterprises to enter China’s marketplace more efficiently and rapidly, directly landing onto the world’s largest consumer market in a short time.

  • Vermont leading US in GMO labeling campaign Associated Press - 2 hours 13 minutes ago

    Vermont could likely be the first state in the country to require labels on genetically modified foods, under a bill approved by both legislative chambers and favored by the governor. The House voted 114-30 ...

  • Toshiba's Paper Reusing System Saves Paper Wastage in Logistics Business Wire - 4 hours ago

    TOKYO--(BUSINESSWIRE)-- Toshiba TEC, a global leader in printing, imaging solutions and services, is proud to announce to the Logistics industry, the e-STUDIO306LP/RD30. Internal documents within the business have been streamlined to be printed, archived and erased.

  • Final Glance: Food companies Associated Press - 5 hours ago

    Shares of some top food companies were mixed at the close of trading: ConAgra Foods Inc. fell $.11 or .4 percent, to $31.16. General Mills Inc. rose $.18 or .3 percent, to $52.37. Hormel Foods Corp. rose ...

  • Final Glance: Tools and Appliances companies Associated Press - 5 hours ago

    Shares of some top tools and appliances companies were mixed at the close of trading: General Electric Co. fell $.16 or .6 percent, to $26.42. Snap-On fell $.09 or .1 percent, to $116.91. Stanley Works ...

  • Final Glance: Beverages companies Associated Press - 5 hours ago

    Shares of some top beverages companies were mixed at the close of trading: Anheuser-Busch Inbev ADR fell $1.32 or 1.2 percent, to $108.40. Coca-Cola Co. rose $.02 or percent, to $40.73. Dr Pepper Snapple ...

  • Cheesecake Factory's 1Q profit hit by weather Associated Press - 5 hours ago

    The Cheesecake Factory Inc. said Wednesday that bad weather, a shift in holiday timing and legal costs weighed on its first-quarter profits. The restaurant chain said after the market closed that it earned ...

  • EFI Propels Print Business Competitiveness With Inkjet and Workflow Innovations at the International … GlobeNewswire - 5 hours ago

    FREMONT, Calif. -- EFI(TM) , a world leader in customer-focused digital printing innovation, will showcase new products and enhancements to its portfolio of advanced inkjet and graphic arts production ...

  • 5 things to know about NYC's Tavern on the Green Associated Press - 6 hours ago
    5 things to know about NYC's Tavern on the Green

    New York City's Tavern on the Green, closed since the previous operators lost their lease and declared bankruptcy in 2009, reopens Thursday under new management. Here are five things to know about the ...

  • Famous Dave's Reports Results for First Quarter Fiscal 2014 GlobeNewswire - 7 hours ago

    Income from Operations Grew 199% Restaurant Level Cash Flow Margins increased 100 basis points Net Income per Share increased 600% Adjusted EBITDA improved 73%