ComScore: Google Continued to Dominate US Search in July
Google Inc.'s (GOOG) industry-leading position in U.S. Internet search remained unchallenged, as the pecking order of search sites stayed the same in July, according to market researcher comScore Inc. (SCOR).
Agilent 3rd-Quarter Profit Down 26% as Expenses Rise, Full-Year View Lowered
Agilent Technologies Inc.'s (A) fiscal third-quarter profit fell 26% as the testing-and-measuring equipment maker reported higher expenses and weaker margins.
Facebook Seeks Hearing to Issue Stock Before Instagram Deal Is Done -FT
Facebook Inc. (FB) might seek to use a California law to enable the company to issue stock before its deal to acquire Instagram was completed, bypassing the Securities and Exchange Commission, The Financial Times reported Wednesday.
Colombia Stocks Rise; Peso Hits Two-Month Low After Intervention
Colombian stocks rose Wednesday, led by state oil company Ecopetrol (ECOPETROL.BO, EC), while the peso fell to its weakest level in two months after the government began intervening in the foreign-exchange market to force the currency lower against the dollar.
Credit-Card Borrowers Still Paying the Bills, Easing Concerns
Customers of the largest credit-card issuers largely continued to pay their bills on time in July, bucking growing concerns that consumers are again facing financial hardship.
Short Sellers' Bets Against Facebook Mount as Lockup Expirations Loom
Investors are increasingly betting that Facebook Inc.'s (FB) stock--pressured by disappointing earnings and more shares potentially hitting the market--is poised to fall further.
Applied Materials 3Q Net Down 54% on Weak Sales, Restructuring
Applied Materials Inc.'s (AMAT) fiscal third-quarter profit fell 54% as the semiconductor-equipment maker recorded lower sales and restructuring charges.
Cisco Profit Rises as Revenue Improves
Cisco Systems Inc.'s (CSCO) fiscal fourth-quarter earnings climbed 56% as the network-equipment maker reported stronger revenue and a decline in operating expenses.
Services Sector Wrap
On a trading day that saw the S&P 500 gain 0.1%, the Services sector (IYC) showed little change.
Basic Materials Sector Wrap
The Basic Materials sector (XLB) held steady during a trading day that saw the S&P 500 grow 0.1%.