Facebook's 'mobile first' strategy pays off on Wall Street

Just one year ago, the world's largest social network was in Wall Street's doghouse. Facebook Inc.'s highly touted stock market debut had fizzled, and the company's share price was spiraling lower and lower, as critics charged ...

Loeb to sell 40M Yahoo shares as he leaves board

(AP)—Activist investor Dan Loeb is leaving Yahoo's board with a windfall after a 15-month stint that vindicated his crusade to shake up the long-slumping company under new leadership.

Bally to buy SHFL Entertainment for $1.31B

Bally Technologies Inc. said Tuesday that it has agreed to buy fellow gambling equipment maker SHFL entertainment Inc. for about $1.31 billion in cash.

Zynga gives new CEO millions to leave Microsoft

Struggling Web game maker Zynga gave new CEO Don Mattrick a $5 million signing bonus and stock awards valued at $40 million to lure him away from his previous job overseeing Microsoft Corp.'s Xbox console for video games.

BlackBerry posts surprise loss, shares plunge

Canadian smartphone maker BlackBerry on Friday posted an unexpected first quarter loss and disappointing sales figures for its new phones, sending its share price tumbling in early trading.

Walgreen 3Q profit jumps but misses estimates

Walgreen Co.'s fiscal third quarter earnings jumped 16 percent, but its shares plunged Tuesday as investors fretted over sluggish sales outside the drugstore chain's pharmacies and other troubling trends.

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