Icahn values Apple at more than $1 trillion
(Reuters) – Activist investor and major Apple Inc shareholder Carl Icahn said the iPhone maker’s stock should be trading at $216, far above its record high of $124.92 hit on Wednesday.
MSCI says 49 companies are eligible for its global indexes
(Reuters) – Index provider MSCI Inc said on Wednesday it has determined that 49 foreign-listed companies traded outside their home countries will be eligible for inclusion in its Global Investable Market Indexes.
Robust switching sales power strong quarter for Cisco
(Reuters) – Network equipment maker Cisco Systems Inc reported stronger-than-expected quarterly revenue and profit as demand for switching equipment and routers helped to make up for weak spending by the company’s traditional telecom customers.
U.S. stock futures rise on Greek agreement after S&P ends flat
NEW YORK (Reuters) – U.S. stock futures rose late on Wednesday after Europe agreed on a way forward with Greece on debt negotiations that had been holding back U.S. investors worried about European stability.
Tesla reports fourth-quarter loss, misses sales targets
DETROIT (Reuters) – Tesla Motors Inc missed sales targets and racked up a fourth-quarter loss of $107.6 million as the luxury electric car maker struggled with production and delivery issues on several fronts.
Euro zone, Greece fail to agree way forward following meeting
BRUSSELS (Reuters) – Euro zone finance ministers were unable to agree with Greece a final statement or a way to continue talks until their next meeting on Monday, following hours of discussions in Brussels to extend an international bailout.
General Electric to allow shareholders to nominate directors
WASHINGTON (Reuters) – General Electric Co will allow shareholders to nominate their own corporate directors, becoming one of the few companies to adopt proxy access reforms in a move that could pave the way for others.
U.S. becomes hot spot for aerospace manufacturing
SEATTLE (Reuters) – The aerospace industry is shifting more manufacturing investment to the United States after a decade in which production jobs in the sector flowed to China and other emerging economies, according to a new study.
Boeing to send more 737 MAX, 777X work to South Carolina plant
NORTH CHARLESTON, S.C. (Reuters) – Boeing Co will send more work to a new aircraft component plant in South Carolina than it had previously announced, company executives said on Wednesday, as the planemaker seeks to reduce labor costs.
Greek finance minister enters euro zone lion’s den
ATHENS/BRUSSELS (Reuters) – Greek Finance Minister Yanis Varoufakis began tense talks with euro zone finance ministers on Wednesday after his new leftist-led government won a parliamentary confidence vote for its refusal to extend an international bail…
