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Carnival Q1 Profit Beats View, Lowers 2015 Earnings Outlook

Cruise operator Carnival Corp. & plc (CCL: Quote,CUK: Quote,CCL.L) on Friday reported a turnaround to profit in the first quarter, reflecting lower operating costs that more than offset a decline in revenue. Adjusted earnings per share topped anal…

GameStop Outlines New Strategy As Game Sales Go Soft

Video-game retailer GameStop Corp. (GME: Quote), which is grappling with lower sales at its core video games business, plans to expand its Technology Brands segment that provides growth opportunities in the consumer electronics and wireless markets. T…

Sen. Harry Reid Not Running For Re-Election In 2016

After spending over thirty years in Congress, Senate Minority Leader Harry Reid, R-Nev., announced Friday he will not seek re-election next year.
Reid, who was first elected to the Senate in 1986, recently suffered serious eye and facial injuries in a…

BlackBerry Turns To Profit In Q4, Beats View; But Revenues Miss

Canadian smart phone maker BlackBerry Ltd. (BBRY: Quote,BB.TO: Quote) on Friday reported a turnaround to profit in the fourth quarter, helped by cost-cutting efforts that more than offset a decline in revenues.
Adjusted earnings per share for the quar…

U.S. Economy Grows At Unrevised Rate Of 2.2% In Q4

Economic activity in the U.S. grew at an unrevised rate in the fourth quarter of 2014, according to the final estimate released by the Commerce Department on Friday.
The report said gross domestic product increased by 2.2 percent in the fourth quarter…

Asian Shares Mixed On Yemen Crisis, Weak Japanese Data

Asian stocks turned in a mixed performance on Friday as the ongoing conflict in Yemen and lackluster Japanese inflation and household spending data kept investors’ risk appetite in check. While markets downplayed supply threat from Yemen, apprehension…