Tim Cook needs to make a ‘creative leap’: Sculley

Apple (AAPL) needs to prove it can still make the “creative leaps” it did in the mobile phone business, former CEO John Sculley told CNBC on Wednesday. Investors, however, shouldn’t hold their breath for that kind of bold statement to … Continue reading


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Boeing soars, Allergan gains, Proctor & Gamble droops

Today’s Trending Tickers based on your Yahoo Finance searches are: American aircraft manufacturer Boeing (BA) is lifting higher on it’s earnings. The stock was up about 2% during it’s 10:30 earnings call this morning where management discussed their 14% higher … Continue reading


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SodaStream shares spike on report of Starbucks talks

(Reuters) – Shares in SodaStream International Ltd (SODA.O) rose as much as 17 percent on Wednesday after the Israeli business newspaper Globes said Starbucks Corp (SBUX.O) was in advanced talks to buy 10 percent of the home soft drink maker, … Continue reading


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IBM unveils new server model to tackle big data, analytics

NEW YORK (Reuters) – International Business Machines Corp, in its latest attempt at reviving demand for its hardware products, is launching high-end system servers that it says are 50 times faster than its closest competitor at analyzing data. The POWER8 … Continue reading


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Telekom Austria proves slippery target for Slim

VIENNA (Reuters) – Tycoon Carlos Slim stumbled in his bid for control of Telekom Austria (TELA.VI) on Wednesday, as a meeting designed to rubber-stamp a co-ownership deal with the Austrian government was boycotted by labor representatives unhappy with the proposal. … Continue reading


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Special Report: For private deals, no one is watching the watchdogs

OMAHA, Nebraska (Reuters) – From 2006 to 2009, Provident Asset Management raised $485 million from 7,700 investors who were drawn to its promises of annual returns as high as 18 percent on oil and gas assets. Law firm Mick Associates … Continue reading


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Cost-cutting, share buybacks buoy U.S. defense profits

WASHINGTON (Reuters) – The biggest U.S. weapons makers posted higher profits this week and raised their forecasts for 2014 earnings, sending shares higher despite cuts in military spending that have weakened revenues. The Dow Jones index that tracks the 10 … Continue reading


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Exclusive: Russia, China block Central African Republic blacklistings at U.N.

UNITED NATIONS (Reuters) – Russia and China have blocked a proposal by the United States and France to impose U.N. sanctions on Central African Republic’s former President Francois Bozize and two other people linked to the conflict there, diplomats told … Continue reading


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Russia says it will respond if Ukraine interests attacked

KIEV (Reuters) – Russian Foreign Minister Sergei Lavrov accused the United States of being behind the political upheaval in Ukraine and said Moscow would respond if its interests came under attack. Lavrov’s comments came a day after U.S. Vice President … Continue reading


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Hamas, Abbas’s PLO announce reconciliation agreement

GAZA (Reuters) – The Gaza-based Islamist group Hamas and President Mahmoud Abbas’s Palestine Liberation Organization (PLO) agreed on Wednesday to a unity pact, both sides announced in a joint news conference. The move, coming after a long line of failed … Continue reading


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Report on CIA interrogations shadows Gitmo trials

WASHINGTON (AP) — The planned release of portions of the Senate report on the CIA’s use of harsh interrogation techniques could add to the legal complications facing the long-delayed U.S. military tribunals of terrorist suspects at the Guantanamo Bay detention … Continue reading


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First lady announces one-stop job site for vets

FORT CAMPBELL, Ky. (AP) — First lady Michelle Obama has announced a new online effort to link soldiers leaving the military with jobs that match their skill sets. She said Wednesday that the new Veterans Employment Center provides one-stop shopping … Continue reading


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