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Facebook Share Record As Profits Triple

Shares in Facebook soared to record highs for the company in after-hours trading after its latest financial results smashed expectations, with profits rising threefold. 275 more words

Tech

Intel's Stock Might Be Massively Undervalued

Intel’s shift to higher-growth businesses such as server chips and embedded chips for cars could drive a 25% increase in its shares in a year, according to a report on Sunday in the financial publication Barron’s. 201 more words

Finance

Asian Stocks Plunge After U.S. Drop Monday

Japan’s Nikkei share average posted its biggest daily drop in nearly three years on Tuesday, with banks taking the brunt of the sell-off, while a stronger yen dragged down stocks across the board. 434 more words

Finance

Shell shares up as it confirms 10,000 job cuts and falling profits

Royal Dutch Shell shares rose after it confirmed it would cut 10,000 jobs and a sharp fall in annual profits.

Shell rose 4% as it said it made $1.8bn (£1.23bn)for the fourth quarter of the year, compared with a $4.2bn profit for the same period the year before. 517 more words