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Financial Headlines From The Associated Press

  • Apple increases stock buyback, will split stock
    SAN FRANCISCO (AP) -- Apple is doling out more of its cash to shareholders and preparing to split its stock for the first time in nine years in an attempt to win back investors fretting about the iPhone maker's slowing sales growth and pace of innovation....
  • Facebook 1Q results soar; CFO to step down
    NEW YORK (AP) -- Facebook's earnings nearly tripled and revenue grew sharply in the first quarter, surpassing Wall Street's expectations thanks to an 82 percent increase in advertising revenue....
  • Russian social media CEO quits, flees country
    MOSCOW (AP) -- The founder of Russia's leading social media network - a wunderkind often described as Russia's Mark Zuckerberg - has left his post as CEO and fled the country as cronies of President Vladimir Putin have made steady inroads into the company's ownership....
  • Asian stocks mixed on Obama visit, US dip
    TOKYO (AP) -- Asian shares lacked a clear direction in early Thursday trading as players took a mostly wait-and-see view ahead of talks between Japan's prime minister and visiting President Barack Obama....
  • US stocks edge lower after a six-day rise
    NEW YORK (AP) -- Stocks edged mostly lower Wednesday, breaking a six-day winning streak, as investors were disappointed by the latest round of earnings from U.S. companies....

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