Drilling Rig

U.S. Drilling Rig Count at Lowest Point in More Than 5 Years

In the week ended January 30th, the total number of rigs drilling for oil in the U.S. came in at 1,223 compared with 1,317 in the prior week and 1,422 ...
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book store

Can Barnes & Noble Follow Books-A-Million Going Private?

Bookseller Books-A-Million Inc. (NASDAQ: BAMM) said Friday morning that it has received an offer from the company’s executive chairman, Clyde B. Anderson, on behalf of the Anderson family to acquire ...
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Shake Shack IPO

Shake Shack IPO Debuts as Home Run

The latest entry into the fast-casual dining space made a big noise Friday morning, when Shake Shack Inc. (NYSE: SHAK) began trading at over $47 a share. The company priced ...
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Consumer Sentiment Hits Decade High

Consumer sentiment figures for January were released by the University of Michigan. The 98.1 reading was the highest that it has reached in the past decade. January 2004 was the ...
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Boeing 787-10 ANA

Boeing Takes New Order for $1.4 Billion; Airbus Nabs $828 Million

Boeing Co. (NYSE: BA) announced Friday morning that Japan’s All Nippon Airways (ANA) has ordered three of the company’s 787-10 Dreamliners and five of its current version of the 737-800 ...
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Did Biogen Run Too Much After Earnings?

Biogen Idec Inc. (NASDAQ: BIIB) announced its fourth-quarter financials Thursday after the markets closed. The company reported revenue of $2.6 billion, up 34% from the fourth quarter of the previous year. Revenues ...
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BestBuy storefront OK

UBS Spots 5 Very Oversold Stocks With Possible February Reversals

The stock market has produced a very mixed bag of earnings results for the first reporting season of 2015, and investors have been whipsawed on some top companies. While most ...
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Bad Q4 at Chevron Looks Far Worse Ahead

Chevron Corp. (NYSE: CVX) reported fourth-quarter and full-year 2014 results before markets opened Friday. For the quarter, the oil and gas supermajor posted diluted earnings per share (EPS) of $1.85 ...
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Credit card chip

Why MasterCard and Visa Are Both Earnings Winners

Before markets opened Friday morning, MasterCard Inc. (NYSE: MA) reported its fourth-quarter results as $0.69 in earnings per share (EPS) and $2.42 billion in revenue. That was against Thomson Reuters ...
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Disappointing Q4 GDP: The Taming of Growth

The U.S. Commerce Department has released its preliminary reading on fourth-quarter gross domestic product (GDP). Though the number is lower than the firm's growth figure of 5.0% for the third ...
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Are Humira Sales Enough to Lift AbbVie?

AbbVie Inc. (NYSE: ABBV) reported its fourth-quarter financial results Friday before the markets open. This drug manufacturing giant posted earnings per share (EPS) of $0.89 and $5.37 billion in revenue. ...
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Top Analysts Defend Battered Technology Stock Leaders

If the debacle at Alibaba wasn't enough on Thursday, the whole week has been one train-wreck after another for some of the top technology stocks. Not just marginal players have ...
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Xerox HQ

Xerox Struggles Emphasized by Weaker Guidance

Xerox Corp. (NYSE: XRX) reported fourth-quarter and full-year 2014 results before markets opened Friday. For the quarter, the business technology firm posted quarterly adjusted diluted earnings per share (EPS) of ...
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buy sell

Top Analyst Upgrades and Downgrades: Cameron, Dollar General, Genworth, Groupon, SunPower, Visa, Yahoo and More

Stocks were hit hard early Friday before the preliminary fourth-quarter gross domestic product reading. What has been observed over and over is that investors have bought the dips and pullbacks ...
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Altria Earnings Show That the Dividend Is Sustainable

Altria Group Inc. (NYSE: MO) reported fourth-quarter and full-year 2014 results before markets opened Friday morning. For the quarter, the tobacco company posted adjusted diluted earnings per share (EPS) of ...
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