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Business news

...of Yahoo's 384 million Alibaba shares when the tax-free spinoff is completed toward the end of this year.Yahoo's own stock gained $3.51, or more than 7 percent, to $51.50 in extended trading after Mayer disclosed her plans for Yahoo's 15...

http://chronicle.augusta.com/news/business/2015-01-27/business-news
Disappointing outlooks for companies like Caterpillar, Microsoft, drive stocks lower

...27 points, or 1.9 percent, to 4,681.50.The major stock indexes got off to a rough start early on, each opening sharply...exaggerated by lower trading volumes than normal.While the New York Stock Exchange opened at its regular time, many workers in the financial...

http://chronicle.augusta.com/news/business/2015-01-27/disappointing-outlooks-com
Chip Ganassi deflects spotlight to the people behind his powerhouse race teams

...I've shared with Chip Ganassi and Felix," McMurray said. "It's been great."Larson and McMurray now will focus on stock cars. Dixon and Kanaan will go back to their IndyCars. The second team of Scott Pruett and Joey Hand will concentrate on the...

http://chronicle.augusta.com/sports/nascar/2015-01-28/chip-ganassi-deflects-spot
Apple sold 74.5 million iPhones in holiday quarter, revenue and profit soar

...shares closed Tuesday at $109.14, down 3.5 percent, but rose over 5 percent in after-hours trading on the report. The stock has gained more than 50 percent over the last year, making Apple the world's most valuable company with a market capitalization...

http://chronicle.augusta.com/news/business/2015-01-27/apple-sold-745-million-iph
Investors embraced stock funds in 2014, but only certain kinds

...It looks like we really are giving the stock market another chance.Last year was the...that investors put more money into U.S. stock funds than they took out. Now that stocks...index, and they're dumping those run by stock pickers. Last year stock index mutual...

http://chronicle.augusta.com/news/business/2015-01-23/investors-embraced-stock-f
American Airlines tops Street 4Q forecasts

...American spent $1 billion buying back its own stock, which makes remaining shares more valuable...plans to buy back another $2 billion in stock and pay another quarterly dividend; 10...percent since the beginning of the year. The stock has risen 82 percent in the last 12 months...

http://chronicle.augusta.com/news/business/2015-01-27/american-airlines-tops-str
P&G fiscal 2Q earnings drop, hurt by exchange rates

...it expects foreign exchange to chop fiscal 2015 earnings by 12 percent and reduce its topline by 5 percent.The company's stock slid 3 percent before markets opened Tuesday.P&G Chairman and CEO A.G. Lafley said in a statement from the company that...

http://chronicle.augusta.com/news/business/2015-01-27/pg-fiscal-2q-earnings-drop
Greece, eurozone show openness for dialogue

...Berlin in confrontational style. There is plenty of room for mutual gains and benefits."Amid the calmer rhetoric, the main stock market in Athens recovered much of its sharp losses of the day to close down 3.2 percent. European stocks also largely closed...

http://chronicle.augusta.com/news/business/2015-01-26/greece-eurozone-show-openn
Box shares soar in market debut

...provider Box soared 66 percent in their stock market debut Friday despite the company's...public this year.The start on the New York Stock Exchange came after Box Inc. sold 12...percent stake in the company.Box's stock gained $9.23 to close at $23.23...

http://chronicle.augusta.com/news/business/2015-01-23/box-shares-soar-market-deb
Ex-Steeler great, Pro Football Hall of Famer Mel Blount makes Futurity Non-Pro finals

...for something. The bottom line is (Bill) Belichick is a great coach. His team is well-prepared. I don't put a lot of stock into it."Blount said he thinks the Super Bowl is going to be a great game. And the former defensive all-star is taking...

http://chronicle.augusta.com/sports/futurity/2015-01-23/ex-steeler-great-pro-foo