Chinese online search leader Baidu, Inc. (NASDAQ: BIDU) has reported its quarterly earnings. Its earnings came in at $0.76 net EPS and posted $0.86 non-GAAP EPS on $118.6 million in ... Read Full Story »
SunPower Corporation (Nasdaq: SPWRA; SPWRB) intends to offer 9,000,000 shares of its class A common stock and $175 million worth of senior convertible debentures due 2014 in registered public offerings. ... Read Full Story »
Northern Trust Corporation (NASDAQ: NTRS) is selling some $750 million worth of common stock in a public secondary offering. Simultaneously, the bank intends to offer some $500 million in principal ... Read Full Story »
The Tickerspy index of swine flu and bird flu stocks is up 21% as the market nears its close. The index is being pushed higher by share in Biocryst Pharma ... Read Full Story »
At one point, three or four years ago, for a major metropolitan newspaper to lose 4% or 5% of it daily circulation would have been considered bad news. For the ... Read Full Story »
FDIC Chairman Sheila Bair has been speaking today at a luncheon at the Economic Club of New York today. While there were many more things noted, there are two standout ... Read Full Story »
Using stock options in Dendreon Corp. (NASDAQ: DNDN) shows that the expectations of major price moves have not let up, and the company's stock is trading up yet again ahead ... Read Full Story »
The glory days are over By Chadwick Matlin of The Big Money There has been a death in social networking's social network. Last week, News Corp. (NWSA), MySpace's owner, pushed ... Read Full Story »
On news that GM (GM) has put together a new and very aggressive restructuring program, its shares are higher by 22% to $2.07, which gives the company a market cap ... Read Full Story »
Gold is not being used by industry right now and demand for jewelry remains highly unexciting, but many traders are still using the shiny metal stuff for the ultimate flight ... Read Full Story »
Well drilling and completion services just aren't paying off for anyone this reporting season. Smith International Inc. (NYSE:SII) reported diluted EPS of $0.44 on revenues $2.41 billion. After deleting a ... Read Full Story »
Enterprise Products Partners LP (NYSE:EPD) reported first quarter earnings of $237.3 million (earnings per unit of $0.41) on revenues of $3.42 billion. In the first quarter of 2008, the company ... Read Full Story »
Airlines are getting hit hard this morning before the open on two issues: swine flu and an analyst downgrade. UBS has downgraded the US legacy airline sector in a broad ... Read Full Story »
GM (GM) has decided to go for all or nothing with its bondholders. They can swap their debt of stock, under unfavorable terms, or take their chances in bankruptcy court. ... Read Full Story »
Crocs, Inc. (NASDAQ: CROX) is one of the brands that has come at-risk over its future. The company is also flying under the "going concern" flag from auditors. And now ... Read Full Story »