Music is what tells us that the human race is greater than we realize. So said Napoleon Bonaparte, the first emperor of France, about the importance of music. Listening to religious music may promote mental well-being of seniors, says a new article published online in The Gerontologist.
Chipmaker Advanced Micro Devices Inc. said Thursday after the markets closed that its first quarter loss narrowed from last year, helped by strong revenue growth in its graphics and visual solutions business. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly revenue.
athenahealth reported a slip to loss in the first quarter, hurt by lower margins even as revenues jumped 30 percent. Both earnings and revenue for the quarter came in short of Wall Street estimates.
After trending higher over the past few sessions, stocks showed a lack of direction throughout the trading day on Thursday. The major averages spent the session bouncing back and forth across the unchanged line before ending the day mixed. While the major averages closed on opposite sides of the unchanged line, they all showed only modest moves.
U.S. Secretary Of State John Kerry said Thursday that he and his counterparts from Russia, Ukraine and the European Union have reached an agreement on a preliminary plan for ending the ongoing crisis in Ukraine. Kerry was speaking at the end of the Ukraine contact group's first meeting, comprising the foreign ministers of Russia, Ukraine, the EU and the U.S., in the Swiss city of Geneva.
U.S. crude oil moved up for a second straight session to end at a more than six-week high on Thursday, after some encouraging economic data from the U.S. with Fed Chief Janet Yellen's statement on the state of the economy lifting sentiments, notwithstanding a huge surge in U.S. crude stockpiles last...
Gold futures ended at a two-week low on Thursday, with investors shifting focus away from the yellow metal following an uptick in global equities markets on the back of some encouraging economic reports from the U.S. and China recently.
The safe haven appeal of the precious metal waned after investors...
Stocks continue to show a lack of direction in mid-day trading on Thursday, extending the lackluster performance seen earlier in the session. The major averages have spent the day bouncing back and forth across the unchanged line.
Investment bank Morgan Stanley and rival Goldman Sachs Group Inc. on Thursday reported results for the first quarter, that beat analysts' estimates. Morgan Stanley reported a 55 percent increase in profit from last year, reflecting higher revenues at all its three segments, particularly institutional securities segment. Goldman Sachs reported 11 percent decline in profit for the quarter.
After speaking with President Barack Obama by phone about stalled immigration reform legislation on Wednesday, House Majority Leader Eric Cantor, R-Virg., claimed the president still does not understand how to work with the Republican-controlled House.
Growth in Philadelphia-area manufacturing activity has accelerated by much more than anticipated in the month of April, according to the results of the Federal Reserve Bank of Philadelphia's Business Outlook Survey released on Thursday. The Philly Fed said its diffusion index of current activity climbed to 16.6 in April from 9.0 in March, with a positive reading indicating growth.
After moving notably higher over the past few sessions, stocks are turning in a lackluster performance in morning trading on Thursday. The major averages have been showing modest moves, holding close to the unchanged line.
Food and beverage giant PepsiCo, Inc. Thursday reported a higher first-quarter profit, amid flat revenues. Organic revenue grew 4 percent from last year. Earnings per share, as well as revenues beat analysts' estimates. The company also reaffirmed 7 percent core constant currency earnings per share growth target for full year 2014.
Post Holdings, Inc. (POST), a consumer packaged goods holding company, has agreed to acquire MFI Holding Corp. or Michael Foods from affiliates of GS Capital Partners, affiliates of Thomas H. Lee Partners and other owners for $2.45 billion.
After reporting initial jobless claims at their lowest level in almost seven years in the previous week, the Labor Department released a report on Thursday showing that claims rebounded slightly in the week ended April 12th. The Labor Department said initial jobless claims inched up to 304,000, an increase of 2,000 from the previous week's revised level of 302,000.