Jan
09

Futures dip ahead of start to US earnings season

NEW YORK (AP) — Stock futures are heading lower as the U.S. kicks off the first earnings season of 2013.Dow Jones industrial futures are down 10 points to 13,297. The broader S&P futures have given up 1.8 points to 1,454. Nasdaq futures are down 2.25 points to 2,715.50.Alcoa posts fourth quarter earnings after the markets close Tuesday and analysts that follow the company are looking for a profit...
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Jan
08

Judgment day for Bonds, Clemens, Sosa at Hall

NEW YORK (AP) — There's a chance the podium under the chandeliers in the gold-and-ivory-colored Vanderbilt Room of the Waldorf Astoria Hotel will go unused.With the cloud of steroids shrouding the candidacies of Barry Bonds, Roger Clemens and others, baseball writers may fail for the only the second time in more than four decades to elect anyone to the Hall of Fame, rendering a news conference unnecessary.About...
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Source: RG3 to have surgery on torn knee ligament

WASHINGTON (AP) — A person familiar with the situation says Robert Griffin III will have surgery Wednesday to repair a torn ligament in his right knee.The person said Griffin has a torn lateral collateral ligament and that the surgery will also determine whether he also has damaged the ACL.The person spoke on condition of anonymity because the Redskins have not announced the latest details of Griffin's...
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Redskins' RG3 to have knee surgery

WASHINGTON (AP) — Robert Griffin III is having surgery Wednesday on a torn ligament in his right knee — and to see if there's a second ligament that also needs to be repaired.Baylor coach Art Briles confirmed to USA Today and The Associated Press on Tuesday night that the Washington Redskins rookie has a torn lateral collateral ligament. He said the surgery also will determine whether Griffin has...
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Jan
07

Discover Financial Services 4Q net income rises

LOS ANGELES (AP) — Discover Financial Services on Thursday reported higher earnings for its fiscal fourth quarter, as users of its namesake credit card stepped up purchases and the company wrote off fewer unpaid balances.Even so, the Riverwoods, Ill.-based company's results fell short of Wall Street expectations, and investors sent its shares down over 3 percent Thursday.Discover, the nation's sixth-largest...
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Oracle beats outlook, shrugs off fiscal debate

BOSTON/SAN FRANCISCO (Reuters) - Technology giant Oracle Corp said software sales growth will stay strong into the new year despite fears that there could be big tax hikes and U.S. government spending cuts that could cause a slump in spending by customers.Shares of the world's No. 3 software maker rose 1.3 percent after it reported fiscal second-quarter revenue and earnings that surpassed Wall Street...
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RIM shares fall at the open after earnings

TORONTO (Reuters) - Research In Motion Ltd fell in early trading on Friday following the BlackBerry maker's Thursday earnings announcement, when the company outlined plans to change the way it charges for services.RIM, pushing to revive its fortunes with the launch of its new BlackBerry 10 devices next month, surprised investors when it said it plans to alter its service revenue model, a move that...
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