First Republic Bank Q3 profit rises 6.8%, but misses estimates
First Republic Bank (FRC) reported a 6.8% rise in earnings for the third quarter helped by higher average earning assets…
Citigroup posts mixed results in Q3, shares up 2%
The third largest US bank, Citigroup (C) reported third-quarter earnings that surpassed Wall Street estimates. The company reported earnings of…
eBay stock plunges to yearly low on competition worries
eBay Inc. (EBAY) stock hit the yearly low of $30.75 on Thursday as the online retail company is struggling against…
Lockheed Martin’s feature-rich F-35 jet is probably a flight of fancy
There was a fair amount of skepticism when Lockheed Martin (LMT) struck a deal with the US government to develop…
US Postal Service is raising stamp prices to salvage itself
The US Postal Service plans to increase the price of its first-class mail forever stamps as the agency is facing…
Apple invests $600 million in UK-based Dialog Semiconductor
Apple (AAPL) strengthens its in-house making capabilities of iPhones and iPads by investing $600 million in buying UK-based firm Dialog…