FOX News: Business

Syndicate content FOX Business - Breaking news and video. Latest Current News: News, Investing, Technology, Personal Finance, Business Leaders, Travel, On Air, Small Business.
Updated: 26 min ago

Honeywell To Buy Com Dev Int'l For $455 Million

Thu, 11/05/2015 - 5:56pm
Honeywell International Inc. and Com Dev International Ltd. said late Thursday that Honeywell plans to buy Com Dev for $455 million.
Categories: FOX News

Qorvo Surges After Quarterly Results, New Buyback Plan

Thu, 11/05/2015 - 5:53pm
Qorvo Inc. late Thursday reported its second-quarter earnings fell to $4.4 million, or 3 cents a share, from $63.3 million, or 85 cents a share, a year ago.
Categories: FOX News

Men's Wearhouse Shares Fall More Than 20% After Outlook Slashed

Thu, 11/05/2015 - 5:43pm
Men's Wearhouse Inc. shares dropped in the extended session Thursday after the menswear retailer slashed its outlook for the third quarter and the year.
Categories: FOX News

DreamWorks Reports Surprise Profit as Licensing Revenue Rises

Thu, 11/05/2015 - 5:38pm
DreamWorks Animation SKG Inc reported a surprise profit for the third quarter as the Hollywood studio earned more from licensing its content and benefited from the DVD and Blue-ray releases of "Home," its only movie this year.
Categories: FOX News

Nvidia Trounces Earnings Expectations, Shares Top 52-week High

Thu, 11/05/2015 - 5:29pm
Nvidia Corp. easily exceeded profit and revenue expectations in the third quarter, and shares jumped nearly 8% in late trading Thursday.
Categories: FOX News

Monster Beverage Stock Soars 10% After Strong Quarterly Earnings

Thu, 11/05/2015 - 5:27pm
Shares of Monster Beverage skyrocketed more than 10% in after-hours trade Thursday, following the company's stronger-than-expected third-quarter earnings and sales.
Categories: FOX News

Kraft Heinz Shares Slip After Earnings Miss

Thu, 11/05/2015 - 5:22pm
Kraft Heinz Co. shares declined in the extended session Thursday after the company missed Wall Street estimates for its first reporting period since the two companies merged.
Categories: FOX News

Shake Shack Beats Expectations, Raises Outlook

Thu, 11/05/2015 - 5:21pm
Shake Shack Inc. said Thursday it earned $1.5 million, or 10 cents a share, in the third quarter, compared with $500,000, or 2 cents a share, in the year-ago period.
Categories: FOX News

Dreamworks Surges On Better-than-expected Quarterly Results

Thu, 11/05/2015 - 5:17pm
DreamWorks Animation SKG Inc. shares soared in Thursday's extended session after the film studio turned in quarterly results that beat expectations.
Categories: FOX News

Kraft Heinz Increases Quarterly Dividend 4.5%

Thu, 11/05/2015 - 5:13pm
The Kraft Heinz Company will increase its quarterly dividend about 4.5% to 57.5 cents per share, according to a release.
Categories: FOX News

S&P Downgrades Kellogg Debt After Recent Acquisitions, Share Buybacks

Thu, 11/05/2015 - 5:02pm
Standard & Poor's downgraded ratings on Kellogg Co. Thursday, citing higher debt levels following recent acquisitions and continued share buybacks.
Categories: FOX News

Bank Regulators Say They Are Concerned With Leveraged, Oil Lending

Thu, 11/05/2015 - 5:01pm
Bank regulators said Thursday they are concerned by a significant rise in leverage lending volumes and continued loose underwriting, as well as the deteriorating credit of oil and gas companies.
Categories: FOX News

Wall Street Ends Flat as Traders Await Jobs Report

Thu, 11/05/2015 - 5:00pm
Wall Street ended the session lower on Thursday after bobbing around the unchanged line for most of the session.
Categories: FOX News

Oil Prices Retreat on Oversupply

Thu, 11/05/2015 - 4:41pm
Oil prices slid hard at the end of Thursday's session as a bigger-than-expected increase in U.S. oil stockpiles, falling product prices and strong production number out of Russia kept gains in check.
Categories: FOX News

ExxonMobil Is Being Probed Over Climate Change Activities: New York Times

Thu, 11/05/2015 - 4:26pm
Exxon Mobil Inc. is under investigation in New York about whether the oil giant lied to the public about the risks of climate change, or to investors about how it would hurt the energy business, the New York Times reported Thursday, citing people with knowledge of the probe.
Categories: FOX News

Oil Settles Lower As Natural Gas Rallies To a Two-week High

Thu, 11/05/2015 - 3:47pm
Oil futures settled lower on Thursday, pressured by an ongoing U.S. supply glut, while natural gas saw its highest settlement in two weeks after a smaller-than-expected weekly inventory increase.
Categories: FOX News

FOX Business Network Partners With Cable and Satellite Providers to Unbundle the Channel for the GOP Debates on November 10th

Thu, 11/05/2015 - 3:40pm
FOX Business Network (FBN) has teamed up with cable and satellite providers nationwide to make the upcoming Republican presidential debates available to all their subscribers, announced Tim Carry, executive vice president of distribution for FBN and FOX News Channel (FNC).
Categories: FOX News

U.S. Postal Service To Hire 30,000 Employees For Holiday Season

Thu, 11/05/2015 - 2:43pm
The U.S. Postal Service said it will hire 30,000 employees this holiday season, as it expects to deliver 15 billion pieces of mail and packages during that time.
Categories: FOX News

Case For Rate Hike Will Continue To 'firm Up,' Fed's Lockhart Says

Thu, 11/05/2015 - 2:31pm
The case for a rate hike will "continue to firm up" and a move will soon be appropriate, said Dennis Lockhart, the president of the Atlanta Fed, on Thursday.
Categories: FOX News

Disney Shares Drop After Mixed Fiscal 4Q Results

Thu, 11/05/2015 - 2:03pm
Adjusted fiscal fourth quarter earnings per share of $1.20 topped expectations for $1.14 a share. Revenue of $13.51 billion missed expectations for $13.57 billion.
Categories: FOX News