Did NOV Investors Want Even More Than A $3 Billion Share Buyback Plan

National Oilwell Varco, Inc. (NYSE: NOV) announced on Tuesday that its board of directors has authorized a share buyback program for up to $3 billion of outstanding common stock. The share repurchase ...
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oil pipeline

MLP PennTex Files For IPO

PennTex Midstream Partners, LP has filed its S-1 form with the Securities and Exchange Commission for an initial public offering. No terms were given for the offering but the filing ...
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Crude Oil Price Crashes, Gasoline at 4-Year Low

Shortly after 9:00 a.m. ET Tuesday morning, the price of West Texas Intermediate (WTI) crude oil started dropping from an intra-day high of $94.93 to reach a low point of ...
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global economy

Downside Risks to Global GDP Growth

Fitch Ratings' latest Global Economic Outlook forecasts that global growth will pick up in 2015 and 2016. Unfortunately, Fitch sees the risks being weighted to the downside. Growth in emerging ...
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Should GM Shares Have Dropped This Much With Ford?

General Motors Co. (NYSE: GM) saw a drop off in its shares Monday after Ford Motor Co. (NYSE: F) announced its guidance out to 2020 at the annual investor day. Ford's ...
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Fed Up With Federal Inaction, States Act Alone on Cap and Trade

By Nick Cunningham of Unsatisfied with the pace at which the federal government is acting to reduce greenhouse gas emissions, several U.S. states and a few Canadian provinces are ...
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Credit Managers Saw Trends Collapse in September

The National Association of Credit Management (NACM) has said that its report of the Credit Managers’ Index for September fell to 54.9 from 56.7 in August. The drop is relative ...
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Will Google Buy PayPal?

Now that we know that eBay Inc. (NASDAQ: EBAY) has caved into the demand from activist investor Carl Icahn and agreed to spin off its PayPal division, we can’t help ...
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Comcast, Time Warner Rank Lowest in Customer Satisfaction

In a recent customer satisfaction survey that included other major telephone, television and Internet service providers, Comcast Corp. (NASDAQ: CMCSA) and Time Warner Cable Inc. (NYSE: TWC) finished at or ...
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Analysts Adjust Estimates for Janus, PIMCO and Bonds

The movement of Janus Capital Group Inc. (NYSE: JNS) shares after Friday's announcement that bond king Bill Gross would join the firm may or may not have been justified. What may be more difficult ...
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Why Carl Icahn Gets What He Wants

When activist investor Carl Icahn first bought a stake of around 0.8% in eBay Inc. (NASDAQ: EBAY) in January of this year, the curtain went up on a play where ...
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RBS Gets Key Upgrade by S&P After Business Update

The Royal Bank of Scotland Group PLC (NYSE: RBS) was one of the key figures behind the recent potential Scotland breakaway vote from the United Kingdom. Now that Scotland is ...
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Consumer Confidence Hits the Skids

The Conference Board released the reading on consumer confidence for the month of September -- and the report looks like confidence hit the skids. The reading was 86.0, which fell ...
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Chicago PMI Signals Slower Business Activity

The Institute for Supply Management has released its Chicago Producers Manufacturing Index, or PMI. The Chicago Business Barometer for the month of September fell to 60.5, which came in lower than ...
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solar power

Trina Solar’s Complicated Capital Raise via Notes and Shares

Trina Solar Ltd. (NYSE: TSL) is one of the top solar players in the world, and the company claimed to have power output world records in three of the past ...
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