Company News

Alan Mulally, CEO of Ford Motor Co. (NYSE: F), said today that he has no plans to leave the automaker any time soon: "My plan is to continue to serve as the CEO of Ford," Mulally said, adding that uncertainty over his retirement isn't hurting the automaker's share price. "I'm really clarifying that...

Apple's stock has reached $700 for the first time, setting a record for the company. The shares hit as high as $701.44 in morning trading Tuesday, but later fell.

After markets closed today, Advanced Micro Devices Inc. (NYSE: AMD) announced that senior vice-president and CFO Thomas Seifert has resigned "to pursue other opportunities." Seifert will remain at AMD until the end of the month. According to the announcement, "Seifert's departure is not based on...

Wynn Resorts Ltd. (NASDAQ: WYNN) may have a distraction for its shareholders now with its ongoing fight between Steve Wynn and Kazuo Okada. Okada's Aruze USA, Inc. has issued an open letter to the Wynn shareholders and it has nominated two individuals to serve on the board of directors. The move...

Orders for the iPhone 5 topped 2 million in the first 24 hours after Apple started taking them at 12 midnight Pacific time on Friday. That's more than double the amount of iPhone 4S orders on its first full day.

Amusement park companies are climbing up the coaster hill, and investors are enjoying the ride. This summer, Six Flags stock hit a new all-time high. Shares of regional amusement park operator Cedar Fair hit a seven-year high on Wednesday. And Disney hit an all-time high on Thursday.

Groupon is working on cross-border and multi-country deals as the world's largest online daily deals provider looks for newer ways to build market share and help retailers broaden their footprint, a top executive said.