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Microsoft shares hit highest since 2000 with CEO search in view
SEATTLE - Shares of Microsoft Corp jumped to their highest since mid-2000 on Wednesday, a day after Reuters reported that the world's largest software company is closing in on appointing a new chief executive
Torstar writes down goodwill, shares of publisher fall
TORONTO - Torstar Corp , owner of Canada's largest daily newspaper by circulation, reported on Wednesday a quarterly loss on the back on a charge in its media division and its shares fell over 2 percent.
Chesapeake shares fall 5 percent after oil forecast
- Shares of Chesapeake Energy Corp fell 5 percent in morning trade after the company said its oil production in the fourth quarter will be down from the third quarter.
Industrial Alliance shares rise on stronger profit
TORONTO - Shares of Industrial Alliance Insurance and Financial Services rallied as much as 6 percent on Wednesday after the life insurer, Canada's fourth largest, reported a stronger than expected quarterly profit.
Cyber security company Barracuda's shares soar in debut
- Shares of Barracuda Networks Inc , a data storage and internet security company, jumped as much as 32 percent in their debut, underscoring a growing interest in the red-hot cyber security market.
Tesla outlook, deliveries fall short amid capacity constraints
DETROIT - Tesla Motors Inc forecast a weaker-than-expected fourth-quarter profit and posted third-quarter Model S deliveries that disappointed some analysts as the electric car maker struggled to meet demand because of limited capacity.
Auxilium profit beats estimates as acquisition boosts sales
- Auxilium Pharmaceuticals Inc reported a better-than-expected adjusted quarterly profit, boosted by strong drug sales from a recently acquired company, and narrowed its full-year revenue forecast range.
Teens tire of Abercrombie fashion, shares set to fall
- Abercrombie & Fitch Co's shares were set to open around 7 percent lower after the teen fashion retailer reported sliding sales and slashed its profit outlook.
Acer shares tumble by daily limit after CEO resigns, job cuts
TAIPEI - Shares of Acer Inc fell by their daily limit on Wednesday after the company announced a restructuring plan with a new chief executive and a 7 percent reduction of its workforce after a worse-than-expected quarterly loss.
Shares of HTC jump on fourth quarter profit optimism
TAIPEI - Shares of Taiwanese smartphone maker HTC Corp opened up 2.5 percent after it surprised the market by forecasting a small profit in the fourth quarter after its first-ever net loss in the previous quarter.
No related earnings announcements are currently scheduled within the next 7 days.
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