Author Archives: Trey Thoelcke

Comcast-Logo

Comcast Earnings Boosted by Olympics

Comcast Corp. (NASDAQ: CMCSA) reported first-quarter results before markets opened Tuesday. The cable operator posted adjusted earnings per share (EPS) of $0.68 on revenues of $17.40 billion. In the same ...
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Hydrogen fuel cell

Plug Power Shares Drop After Joint Venture News

Fuel cell maker Plug Power Inc. (NASDAQ: PLUG) announced Monday that it has signed a non-binding agreement with Hyundai Hysco, a steel supplier to Hyundai Motors, to form a joint ...
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Open pit mine

Newmont Mining Shares Surge After Merger Talks Fail

The end of merger talks between Barrick Gold Corp. (NYSE: ABX) and Newmont Mining Corp. (NYSE: NEM), the world's largest gold-mining companies, seems to have investors in the latter pleased, ...
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Kimberly-Clark Tops Low Expectations

Kimberly-Clark Corp. (NYSE: KMB) reported first-quarter results before U.S. markets opened Monday. The personal care and health care company posted adjusted earnings per share (EPS) of $1.48 on revenues of ...
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Chobani

A Chobani IPO: Is Now the Right Time?

Chobani, the top seller of Greek yogurt in the United States, reportedly is exploring its options to raise capital, perhaps by taking the company public or by selling a stake ...
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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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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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Chaparral_Supercell

DuPont Blames the Weather for Earnings Miss

E.I. du Pont de Nemours and Company (NYSE: DD), commonly known as DuPont, reported first-quarter results before markets opened Thursday. The diversified chemicals company posted diluted earnings per share (EPS) ...
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UnitedHealth Group Revenues Stung by Obamacare

UnitedHealth Group Inc. (NYSE: UNH) reported first-quarter results before markets opened Thursday. The health insurance and benefits management firm posted diluted earnings per share (EPS) of $1.10 on revenues of ...
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AT&T logo

AT&T Adds Another Automaker to Its Wireless Scorecard

Volvo has tapped AT&T Inc. (NYSE: T) to provide wireless connectivity to its 2015 models, out later this year, in the United States and Canada. Terms of the multiyear agreement ...
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737 MAX 8 artwork SWA Southwest Airlines

Southwest Profit Sharing Surges, Union Talks Continue

On Monday, Southwest Airlines Co. (NYSE: LUV) trumpeted its record $228 million contribution to its profit sharing plan. The payment will be an 88% increase over last year's contribution, as ...
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Cell Tower detail

How T-Mobile Plans to Shake Up Wireless Industry

T-Mobile US Inc. (NYSE: TMUS), which of late has been calling itself the "Uncarrier," has revealed its latest in a series of efforts to shake up the wireless industry: abolishing ...
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att

The Eight NYSE Stocks With the Largest Short Positions

Short sellers continue to hold huge positions not only in troubled companies like Alcoa and J.C. Penney, but also in blue chips like AT&T and General Electric. As of March ...
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Biotechnology word cloud

Who Bucked the Short Interest Trend in Biotech Stocks?

24/7 Wall St. has tracked the short interest in leading biotech and emerging pharmaceutical stocks. Many biotech stocks pulled back in late March, and short sellers moved in on many ...
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