US News

AstraZeneca Plc (NYSE:AZN): The pharma company offers 5.83 percent dividend yield, making it an attractive income stock. AstraZeneca is likely to keep performing well despite posting weak results for the fiscal fourth quarter. The company‘s net profit for the quarter dropped to $6.3 billion while it revenue stood at $28 billion.

CVS Caremark Corporation (NYSE:CVS): The company reported 6 percent increase in its profits for the fourth quarter. CVS Caremark earned 90 cents per share, up from 81 cents per share it had earned in the corresponding quarter of the last year. Its revenue also increased 11 percent to $31.39 billion.

Vringo Inc. (AMEX:VRNG), which deals in mobile technologies and intellectual properties, has announced the filing of a law suit against Microsoft Corporation (NASDAQ:MSFT) for infringement of two patents. I/P Engine, a 100% subsidiary of Vringo filed the suit in New York.

Automatic Data Processing Inc. (NASDAQ:ADP): The company is scheduled to announce its quarterly earnings on 5th of February. ADP Inc. is expected to report its quarterly profit at 71 cents per share while its revenue is likely to be at $2.72 billion, up 5.4 percent from the revenue it had reported a year back for […]

Senate passes bill to suspend debt ceiling ahead of budget negotiations. A bill to suspend the United States’ debt ceiling until May has been passed in the Senate in a 64-to-34 vote. Following an earlier 285-to-144 vote in the House of Representatives, the bill must now be signed by President Obama for it become law. […]

Petrol giant narrowly misses all-time profit high ExxonMobil, the world’s largest independent petroleum refiner, has announced a 6% increase in net-profits during the final three months of 2012. Reporting the $9.95bn profit increase ExxonMobil, for a total of $44.88bn during 2012, the company feel $340m short of its all-time high of £45.22bn recorded in 2008. […]

157,000 jobs created in January as Dow Jones passes 14,000. The US economy added 157,000 jobs during January, figures released on Friday reveal. Coming soon after the news that the national economy contracted by 0.1% in 2012 and on the day that the Dow Jones Industrial Average index passed 14,000, the job figures have added […]

Dell Inc. (NASDAQ:DELL): The stock is trading up after the renewed rumors about its LBO. It is expected that the deal may be announced as early as Monday. The probable deal price has been set at $15 to $16 per share.

The share price of Boeing (NYSE:BA) rose $0.94 today to $74.59, a change of 1.28%, on news of the company’s 14% increase in revenue for 2012. The company turned a profit of $978 million, which is lower than 2011’s earnings by $412 million.  The profit numbers are somewhat misleading and not at all unexpected as […]

National Beverage Corp. (NASDAQ:FIZZ): The company is involved in the business of developing and marketing flavored beverages. Its EVP of finance, George Bracken bought 400,000 shares of the company stock for $20 million. The average purchase price for the transaction stood at $50 apiece.