Activision Blizzard Inc. (ATVI) on Thursday reported a drop in profit for the fourth quarter, as revenues declined reflecting weak demand for Skylanders SuperChargers and Guitar Hero Live. The video game publisher's profit and revenues fell short of Wall Street estimates. Moving ahead, the company detailed...
CBS Corp. (CBS, CBS-A) Thursday reported a drop in profit for the fourth quarter, hurt largely by one-time charges. However, on an adjusted basis, earnings for the three-month period increased on higher revenues across all major segments, except local broadcasting division.
The New York-based company's...
After moving sharply lower in morning trading on Thursday, stocks regained some ground late in the day but still closed mostly negative. The Dow ended the session at a two-year closing low, while the Nasdaq and the S&P 500 once again ended the session at their lowest closing levels in well over a year.
House Democrats unveiled a list of congressional seats they intend to aggressively target in 2016 on Thursday, as they begin their long shot bid to retake control of Congress.
Senators voted overwhelmingly Thursday to approve a customs enforcement bill that included a provision permanently banning taxes on access to internet service. The Senate voted 75 to 20 in favor of the Trade Facilitation and Trade Enforcement Act.
Potentially helping Hillary Clinton solidify her support among black voters, the Congressional Black Caucus Political Action Committee announced its endorsement of the former Secretary of State's run for president on Thursday.
Stocks have pulled back sharply over the course of the trading day on Thursday, extending the steep drop seen over the past few sessions. With the sell-off, the major averages are on pace to end the session at their lowest closing levels in well over a year.
While President Barack Obama has vowed to remain neutral in the race for the Democratic presidential nomination, former White House Press Secretary Jay Carney said the president clearly prefers Hillary Clinton.
After seeing considerable volatility over the two previous sessions, stocks moved sharply lower at the start of trading on Thursday. The major averages showed notable moves to the downside after ending Wednesday's trading mixed.
Just days after North Korea launched a long-range rocket, the U.S. Senate voted overwhelmingly Wednesday evening to impose tougher sanctions on the impoverished communist nation. The Senate voted 96 to zero in favor of the bill, known as the North Korea Sanctions Enforcement Act of 2016.
Advanced Disposal Services Inc. joins the growing list of companies to postpone their initial public offering amid the volatility in stock markets.
Following last week's mixed monthly jobs report, the Labor Department released a report on Thursday showing that first-time claims for U.S. unemployment benefits fell by more than expected in the week ended February 6th.
Following the mixed performance seen in the previous session, stocks are likely to come under pressure in early trading on Thursday. The major index futures are currently pointing to a sharply lower open for the markets, with the Dow futures down by 253 points.
The World Health Organization (WHO) has come out with answers to a set of concerns among women who are pregnant or planning to become pregnant over the risk of babies born with microcephaly, and ways to protect themselves from Zika infection.
"The risk of babies born with microcephaly has raised understandable...
Sleep deprived people are more likely to falsely confess to wrongdoings that never occurred, according to a new groundbreaking study. Although there's an important weakness in the experiment, in that participants didn't face any penalty for signing the confession, the findings are expected to have important implications for police interrogation practices. The odds of signing a false confession w