IPO

Nutanix Enters the Market With a Bang

Nutanix Inc. (NASDAQ: NTNX) entered the market with a bang. The company priced its 14 million shares at $16, above the expected pricing range of $13 to $15 per share, ...
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LNG tanker

Why Cheniere Is Acquiring Cheniere Holdings

Cheniere Energy Inc. (NYSE: LNG) announced Friday morning that it has offered to acquire all publicly held shares of Cheniere Energy Partners LP Holdings (NYSEMKT: CQH) that it does not ...
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pocket money

The Impact Reduced Middle Class Wages Have Had on the US Economy

From The Fiscal Times In the Washington Post this morning, former Treasury Secretary Lawrence Summers flags a working paper published earlier this summer by the International Monetary Fund that detects a massive ...
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Snowstorm

Winter Weather May Damage Citrus Industry

A deceptively mild start to the 2016-2017 winter season in the southeastern United States is expected to give way to a sudden burst of cold air in mid- to late ...
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gavel and cash money

Och-Ziff Settles With SEC Over Bribery Charges

The U.S. Securities and Exchange Commission (SEC) recently announced that Och-Ziff Capital Management Group (NYSE: OZM) has agreed to pay nearly $200 million to the SEC to settle civil charges ...
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Pocket iPhone

Firm Offers $1.5 Million for Apple iOS Jailbreak

Zerodium, which is part of the exploit acquisition platform software sector, has offered $1.5 million for a complete hack of the iOS 10 from Apple Inc. (NASDAQ: AAPL). Zerodium describes ...
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warehouse with forklift

Chicago Purchasing Managers Index Rises in September

September's Chicago Purchasing Managers Index reading came in better than expected. The monthly index rose to 54.2 from a 51.5 reading in August. Bloomberg had its consensus estimate placed at just 52.0 for ...
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China button

Lexmark Receives CFIUS Approval for China Deal

Shares of Lexmark International Inc. (NYSE: LXK) jumped on the news that it received approval from the Committee on Foreign Investment in the United States (CFIUS) for its Apex deal. Essentially, ...
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Money close-up

Credit Managers Showed Recovery in September

Most economists and investors might be tempted to overlook the national Credit Managers Index (CMI) released by the National Association of Credit Management each month. The reading never moves the ...
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coins

CalAmp Stumbles Over Earnings

CalAmp Corp. (NASDAQ: CAMP) shares tumbled on Friday after it released its fiscal second-quarter financial results late on Thursday. The company said that it had $0.27 in earnings per share (EPS) on ...
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Money wallet, income copy

Personal Income Rises for August, Spending Not So Much

The Bureau of Economic Analysis (BEA) has released its reading for personal income and spending for the month of August. Personal income increased by $39.3 billion, or by 0.2%, and ...
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Oil worker

OPEC Production Cut Could Be Big for Top Oilfield Services Stocks

The sustained low price of oil finally has gotten to the OPEC member nations, and Wednesday they did something about it. In an unexpected move, the cartel agreed on a ...
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Boeing 737-MAX

Will Boeing Add 2 New Planes to Its Fleet?

Boeing Co.'s (NYSE: BA) CEO, Dennis Muilenburg, thinks that the company can reasonably design and build two new commercial passenger jets in a time frame that meets competitor Airbus's planned ...
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reprimand

SEC Issues Charges Over Biotech Insider Activity

The U.S. Securities and Exchange Commission (SEC) recently charged the former senior director of regulatory affairs for Puma Biotechnology Inc. (NYSE: PBYI) with insider trading ahead of the company’s news ...
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HBO logo

HBO and Cinemax Join PlayStation Vue

Sony Corp.'s (NYSE: SNE) PlayStation has a download feature called Vue that turns the gaming platform into something like a pay-TV set-top. Vue has started to create a "network" lineup, to ...
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