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TAMPA BAY AREA Coal Fuels TECO Stock Shares of Tampa-based TECO Energy surged nearly 8 percent Friday after Citigroup raised its rating on the stock from "Hold" to "Buy" on prospects of increased earnings from the company's coal-mining business. Friday, TECO's stock price hit a 52-week high of $19.10 a share before finishing the day at $19.05, up $1.34 for the day. The stock is up about 11 percent this year. ...more
May 10, 2008
Yahoo Inc. Chief Executive Jerry Yang has gotten what he wanted: a chance to prove his company is worth more than the $47.5 billion Microsoft Corp. offered for the Internet pioneer. ...more
May 5, 2008
Microsoft has withdrawn its $42.3 billion bid to buy Yahoo, scrapping an attempt to snap up the tarnished Internet icon in hopes of toppling online search and advertising leader Google. ...more
May 4, 2008
Shares of Progress Energy fell Thursday after the Raleigh, N.C.-based energy company reported a 38 percent drop in fourth-quarter earnings. ...more
February 15, 2008
Google's fourth-quarter profit missed analyst expectations, signaling that the crumbling U.S. economy has dented the Internet search leader's moneymaking machine. ...more
February 1, 2008
After seven months as chief executive, Yahoo co-founder Jerry Yang has concluded hundreds of employees will have to be fired to help the slumping Internet icon recover from years of misguided management. ...more
January 23, 2008
A merger involving Delta Air Lines Inc. may be close, the head of the carrier's pilots union said in a letter to rank-and-file members Wednesday. ...more
January 10, 2008
Sallie Mae's planned $2.5 billion stock sale doesn't answer all of Wall Street's questions about the struggling student lender's future. ...more
December 28, 2007
Shares in Jabil Circuit tumbled 21 percent Friday to their lowest point since 2002, after the company released profit forecasts well below Wall Street expectations. ...more
December 22, 2007
If you're a bond investor hankering for higher yields, here's a radical suggestion: Try stocks. ...more
December 2, 2007
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