Bank of America

What $16.65 Billion Really Means to Bank of America

Bank of America Corp. (NYSE: BAC) saw its shares rally late on Wednesday on news that it has reached a $17 billion settlement with the U.S. Department of Justice. Shares ...
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factory

Philly Fed Manufacturing on Fire: DJIA Holds Above 17,000

The Federal Reserve Bank of Philadelphia has released its August Business Outlook Survey, and the report was a hot one that likely will increase expectations on other Fed readings for ...
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Smokestacks

Leading Economic Indicators Show Continued Growth

The Conference Board reported that the Leading Economic Index had increased 0.9% in July to 103.3, following an increase of 0.6% increase in June, and following a 0.6% gain in ...
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Family Dollar Store

Did Family Dollar Reject Dollar General’s Cash to Preserve Levine’s Job?

The chairman and CEO of Dollar General Corp. (NYSE: DG) sent a letter to the board of directors at Family Dollar Stores Inc. (NYSE: FDO) Wednesday night that called to ...
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Weekly Jobless Claims Continue With Strength

The U.S. Department of Labor has released its reading on weekly jobless claims. People who applied for jobless benefits decreased by 14,000 to 298,000. This was a decline from the previous level ...
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dollar_tree logo

Dollar Tree Earnings Take Back Seat to Bid for Family Dollar Stores

Dollar Tree Inc. (NASDAQ: DLTR) reported second-quarter fiscal 2015 results before markets opened Thursday. The discount retailer posted adjusted diluted earnings per share (EPS) of $0.61 on revenues of $2.03 ...
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Bull and Bear

Top Analyst Upgrades and Downgrades: HP, InterMune, MeetMe, Tesla and More

Stocks were firm on Thursday, another indication that stocks are rising on thin trading volume. Investors have still be repositioning themselves and have been nibbling on stocks when they see ...
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Sears_store

Sears Earnings — the Beatings Will Continue Until Morale Improves

Sears Holdings Corp. (NASDAQ: SHLD) reported second-quarter 2014 results before markets opened on Thursday. The company posted a diluted earnings per share (EPS) loss of $5.39 on revenues of $8.01 ...
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China Internet

58.com Falters on Weak Outlook

58.com Inc. (NYSE: WUBA) reported second-quarter 2014 results after markets closed Wednesday. The Chinese classified advertising marketplace that is often compared with craigslist posted adjusted diluted earnings per American Depositary ...
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road fork sign

Israel’s Economy by the Numbers

Israel has an outsized effect on world politics for a nation the gross domestic product (GDP) of which is not among the 40 largest in the world. The International Monetary ...
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The_Googleplex

Google Loses Share Price War With Apple

Apple Inc. (NASDAQ: AAPL) split its shares, and Google Inc. (NASDAQ: GOOGL) split its, although in a different fashion. In the stock price increase war since the events, Apple has ...
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Open pit mine

Unlikely Bedfellows: Mines That Run on Solar or Wind Power

By Andrew Topf of Oilprice.com Mining companies are often seen as dinosaurs when it comes to making changes that will benefit the environment, but that perception may be shifting as ...
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walmart-truck

15 Biggest Employers in the World

Wal-Mart Stores (NYSE: WMT) is the world’s largest publicly traded employer, with approximately 2.2 million employees across of the globe, a number greater than the population of cities such as ...
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Hewlett-Packard Delivers on Earnings and Guidance in Turnaround

Hewlett-Packard Co. (NYSE: HPQ) has reported its third-quarter earnings. The PC and IT-services giant had adjusted earnings of $0.89 per share. Revenues grew 1% from a year ago on a ...
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Casino Entrance

Blank Check IPO Filing: Hydra Industries

Hydra Industries Acquisition Corp. has filed for an initial public offering (IPO) as of August 19. The offering is 10 million units, which are valued at $100 million. The company ...
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