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Kodak’s Former CEO Gets Double for Nothing

As a reward for Antonio Perez's outstanding performance as CEO of Eastman Kodak Co. (NYSE: KODK) last year, he received $6.71 million. Perez was named Kodak's CEO in 2005 and ...
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Target store

How Target Is Trying to Fend Off Amazon

Target Corp. (NYSE: TGT) isn't about to let Amazon.com Inc. (NASDAQ: AMZN) keep nibbling away its market share, not without fighting back. To that end, the Minneapolis-based variety store operator ...
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Natural Gas Inventories Support Bullish Sentiments

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 24 billion cubic feet for the week ending April 11. That compared with an ...
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IPO

Weibo IPO Rises Above Drooping Expectations

Ahead of its initial public offering (IPO), Weibo Corp. (NASDAQ: WB) both priced shares at the low end of its expected range of $17 to $19 apiece, and it reduced ...
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Smokestacks

Surge in Philly Fed Reading Contradicts Empire State Report

The Federal Reserve Bank of Philadelphia's Business Outlook Survey jumped from a reading of 9.0 in March to 16.6 in April. That was the strongest reading since last September, and ...
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air travel

Spirit Disputes Worst Airline Rating

A recent study of the U.S. airlines industry reviewed and analyzed customer complaints against the major U.S. carriers for the five-year period from 2009 to 2013. The study concluded that ...
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Walmart Starts Wire Transfer Service

In yet another foray into the banking business, Wal-Mart Stores Inc. (NYSE: WMT) announced Thursday morning that it is launching a money transfer service that allows customers to transfer funds ...
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Yahoo! Brings Founder Back to Board

In a proxy filing Wednesday, Yahoo! Inc. (NASDAQ: YHOO) has nominated founder David Filo to the company's board of directors. The company also nominated Charles Schwab, founder of financial services ...
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Cowen Says Buy These Top Airline Stocks Before Earnings

In the constant debate over whether the economy in improving, one item that should perk up the interest of the pundits is the pickup in the airline industry. In a ...
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Sakhalin-1

Deutsche Bank Raises Price Targets on Top Oil Service Stocks

Despite the stomach churning volatility in the markets, one solid place to be this year has been the oil service names. In a new research report, the oil service and ...
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179125086

Another Solid Week for Jobless Claims

The U.S. Labor Department has released its tally on weekly jobless claims, and the figure rose by 2,000 to 304,000. The prior week's reading was revised higher to 302,000 from ...
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Drilling rig

Oil Services Earnings Dominated by American Activity

Schlumberger Ltd. (NYSE: SLB) reported first-quarter 2014 results before markets opened Thursday. The oil field services firm reported adjusted diluted quarterly earnings per share (EPS) of $1.21 on revenues of ...
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Bull and Bear

Top Analyst Upgrades and Downgrades: Alcoa, BofA, Boardwalk, Netflix, NBG, SanDisk and More

Stocks have recovered from their recent selling pressure, but now investors have to consider that a three-day weekend is here for all major markets in Europe and in North and ...
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handtocan

Snack Food Sales Boost Pepsi Earnings

PepsiCo Inc. (NYSE: PEP) reported first-quarter 2014 results before markets opened Thursday. The food and beverage company posted adjusted diluted earnings per share (EPS) of $0.83 on revenues of $12.62 ...
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Goldman Sachs

Goldman Sachs Delivers on Earnings and Book Value Growth

Goldman Sachs Group Inc. (NYSE: GS) is still a new Dow Jones Industrial Average component, and now the bulge bracket investment banking firm -- and bank holding company without any ...
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