Posts Tagged Corporate news

Is hot market for IPOs cooling?

In this Wednesday, April 9, 2014 file photo released by the New York Stock Exchange, executives and guests of La Quinta Holdings applaud the opening bell in honor of the company's IPO. So far in 2014, IPOs are having their best start to a year since 2000, with 89 companies raising $19 billion through sales of new stock. But demand for more offerings depends largely on the health of the broader market, and after last week’s sell-off, the clamor from buyers may quiet down. (AP Photo/NYSE Euronext, Ben Hider, File)

NEW YORK (AP) — A hot market for initial public offerings may soon face a cooler reception from investors.

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Stock index futures fall a day after tech rout

Specialist Anthony Rinaldi works at his post on the floor of the New York Stock Exchange, Friday, April 11, 2014. Weaker earnings at JPMorgan Chase are dragging bank stocks lower in early trading. Technology and biotech stocks also fell, a day after the worst rout for the Nasdaq composite index since 2011. (AP Photo/Richard Drew)

NEW YORK (AP) — Investors drove the stock market lower for a second straight day Friday as they grew anxious that earnings growth was faltering.

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Subway: ‘Yoga mat chemical’ almost out of bread

This Aug. 11, 2009, file photo, shows a chicken breast sandwich and water from Subway on a kitchen counter in New York. Subway says an ingredient dubbed the "yoga mat" chemical will be entirely phased out of its bread by the week of April 14, 2014. The disclosure comes as Subway has suffered from an onslaught of bad publicity since a food blogger petitioned the chain to remove the ingredient. (AP Photo/Seth Wenig, File)

NEW YORK (AP) — Subway says an ingredient dubbed the “yoga mat chemical” will be entirely phased out of its bread by next week.

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Microsoft’s 3Q earnings grow 31 pct; stock falls

In this Jan. 5, 2011 file photo, Microsoft chief executive officer Steve Ballmer gives his Keynote speech for the Consumer Electronics Show, in Las Vegas. Microsoft reports quarterly earnings Thursday, April 28, 2011, after the market close.(AP Photo/Julie Jacobson, file)

Microsoft Corp.’s latest quarterly earnings rose 31 percent even as sales of its Windows operating system sagged.

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