European stocks retreated after weak purchasing managers data out of China. HSBC’s Flash January Purchasing Managers’ Index (PMI) for China came in at 49.6, down from last month’s final reading of 50.5 and at a six month low. Fears
AOL ( AOL ) had invested heavily in its hyperlocal news project Patch.com, but despite all its efforts the portal has failed to turn profitable or meet its revenue goals. As a result, the company has decided to sell off
Shares of Electronic Arts ( EA ) surged 11.9% ($2.56) to close at $24.10 on Jan 17, 2014, after market research firm NPD announced that three of its games for next generation consoles were in the Dec