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SEC Said to Question Boeing Accounting Method, Shares Dive 10%

Shares of Boeing Co. (NYSE: BA) ran into a stiff headwind Thursday morning following a report from Bloomberg that the U.S. Securities and Exchange Commission (SEC) is investigating a whistleblower ...
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30-Year Treasury Auction May Limit Endlessly Lower Yields

Interest rates have gone down rather than up in 2016. That is not what most market pundits and forecasters were calling for at the start of the year. Now a ...
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Hutchinson China MediTech Prepares for IPO

Hutchinson China MediTech has filed an amended F-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were given in the ...
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2016 Data Breaches Expose 1.4 Million Records

The latest count from the Identity Theft Resource Center (ITRC) reports that there has been a total of 69 data breaches recorded through February 9, 2016, and that more than ...
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Avon Products Stumbles Over Missed Earnings

Avon Products Inc. (NYSE: AVP) reported its fourth-quarter financial results before the markets opened on Thursday. The company had a net loss of $0.01 per share on $1.6 billion in ...
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Oil Patch Bankruptcies Soar in 2015

A total of 48 oil and gas exploration and production (E&P) companies filed for bankruptcy in 2015, and 39 oilfield services companies also filed for bankruptcy protection last year. So ...
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Will India and China Wound the Car Industry?

Not every car sold in India is made by one of the huge manufacturers in Europe, Japan or the United States. The sales these manufacturers have in China are greater. ...
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IPO

2 Biotechs Get Burned in IPOs

There were potentially eight initial public offerings (IPOs) on this week's calendar, but the tally is likely to be just two when the week ends. AveXis Inc. (NASDAQ: AVXS) and ...
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Can Groupon Turn Itself Around With Earnings?

Groupon Inc. (NASDAQ: GRPN) is set to report its fourth-quarter financial results after the markets close on Thursday. The consensus estimates from Thomson Reuters call for no earnings and $845.9 ...
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As European Bank ADSs Tank, What About Their Dividends?

Thursday was a day dominated by European bank weakness based on balance sheet concerns and profitability concerns. After all, negative interest rates on deposits with the European Central Bank can ...
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SEC

SEC Votes to Adopt New Security Swap Rules

The U.S. Securities and Exchange Commission (SEC) recently voted to adopt rules that require a non-U.S. company that uses personnel located in a U.S. branch or office to arrange, negotiate ...
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Natural Gas Price Slips on Soft Demand

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 70 billion cubic feet for the week ending February 5. Analysts were expecting a ...
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What to Look for in Pandora Earnings

Pandora Media Inc. (NYSE: P) is scheduled to report fourth-quarter and full-year results after markets close Thursday. The streaming music company is expected to post earnings per share (EPS) of ...
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What Destroyed Zynga Earnings in Q4

Zynga Inc. (NASDAQ: ZNGA) reported its fourth-quarter financial results after the markets closed on Wednesday. The company had no earnings and $186 million in revenue. The Thomson Reuters’ consensus estimates ...
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3 Stocks Down Over 20% With Very Positive Forward Expectations

One thing we have discussed at length during the sell-off that started the first of the year is that indiscriminate selling leads to everything being sold, even if there is ...
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