Transocean Ltd. (NYSE: RIG) was all over the news at this time last year. It was a Transocean drilling rig that exploded in the US Gulf of Mexico, killing 11 ... Read Full Story »
AMR Corp. (NYSE: AMR), parent of US carrier American Airlines, has reversed a 15-year single-source purchasing program with Boeing Co. (NYSE: BA) and decided to split an order for 460 ... Read Full Story »
The debt-ceiling Armageddon being fought in Washington has never been chiefly about money. Because everyone except the most extreme members of the Tea Party Movement knows that the debt limit ... Read Full Story »
When France's Alcatel acquired Lucent Technologies in 2006 to form Alcatel-Lucent (NYSE: ALU), the deal appeared to be a solid winner. Lucent, which had been spun off from AT&T (NYSE: ... Read Full Story »
It has been only 24 hours since the Commerce Department said new home sales and permits reached multi-month highs. The elation over that ended suddenly as the National Association of ... Read Full Story »
Another day, another energy acquisition by a Chinese firm. This time its Cnooc Ltd. (NYSE: CEO) putting out about $2.1 billion for Toronto-traded Canadian oil sands developer Opti Canada. In ... Read Full Story »
We are tracking many movers in the pre-market trading session this morning. The moves are mostly to do with earnings and today's top movers are as follows: Apple Inc. (NASDAQ: ... Read Full Story »
Republican members of the US House of Representatives have passed the so-called "cut, cap, and balance" bill that would reduce federal expenditures, cap future spending, and introduce a balanced budget ... Read Full Story »
Updated throughout the day Some Apple Inc (NASDAQ: AAPL) directors have begun to look for a CEO replacement for Steve Jobs (WSJ) HSBC will help federal authorities locate accounts of ... Read Full Story »
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Apple Inc. (NASDAQ: AAPL) Reiterated Outperform and $500 target at ... Read Full Story »
Zillow, Inc. (NASDAQ: Z) has managed to price its IPO even above a raised price target range. The online real estate operator took the Web 2.0 model by only selling ... Read Full Story »
The world of fluid management and water management continues to see consolidation. This morning came news that Nalco Holding Company (NYSE: NLC) has entered into a definitive merger agreement with ... Read Full Story »
Data from The Conference Board show that China's growth has been rekindled, albeit modestly. "The Conference Board Leading Economic Index for China increased 0.5 percent in May to 155.0 (2004 ... Read Full Story »
Yahoo! (NASDAQ: YHOO) said its revenue fell last quarter to a large extent because of a drop in its display advertising. The trend will spread to other websites with smaller ... Read Full Story »
There was a dispute about whether Apple Inc's (NASDAQ: AAPL) board has formally discussed succession or even spoken with a large executive recruitment firm. Of course both things have happened. ... Read Full Story »