Business

Energen’s Would-Be Permian Buyout — Are 2 Activist Investors Better Than 1?

It's one issue to have a well-known activist investor out calling for change and action in a company. It's a completely different issue when you get two activist firms nipping at ...
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How Sam’s Club Stacks Up Against Costco

When Wal-Mart Stores Inc. (NYSE: WMT) reported second fiscal quarter results Thursday morning, a noticeable laggard appeared in the results of the company's three segments. Operating income at the company's ...
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Valeant Pharmaceuticals Gets Boost From FDA Update

Shares of Valeant Pharmaceuticals International Inc. (NYSE: VRX) saw a handy gain on Thursday after the company provided an update from the U.S. Food and Drug Administration (FDA). Specifically, the ...
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No, You Can’t Have a Personal Account at the Federal Reserve Bank

While the ways of the U.S. Federal Reserve Bank may be shrouded in arcane details about interest rates, inflation and monetary policy, one thing is absolutely clear: individuals cannot establish ...
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Why L Brands Earnings Beat Is Not Enough

When L Brands Inc. (NYSE: LB) reported its fiscal second-quarter financial results after the markets closed on Wednesday, the retailer said that it had $0.48 in earnings per share (EPS) ...
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US Gulf of Mexico Oil & Gas Lease Sales Attract $137 Million in Bids

The U.S. Bureau of Ocean Energy Management (BOEM), a division of the Department of the Interior, conducted a lease sale on nearly 76 million acres of federal offshore parcels in ...
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Why Walmart Earnings Disappointed Investors

Wal-Mart Stores Inc. (NYSE: WMT) reported second-quarter fiscal 2018 results before markets opened Thursday morning. The retailing giant posted adjusted diluted earnings per share (EPS) of $1.08 on total revenues ...
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Will an Outsider Restructure Time Inc.?

The restructuring of a troubled company is often led by its chief executive officer or another very senior executive. Apparently, this will not be the case with America's largest publisher, ...
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6 Most Important Things in Business Today

According to several media reports, Apple Inc. (NASDAQ: AAPL) will spend approximately $1 billion to acquire outside content for its media distribution businesses such as Apple TV. The value of ...
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Is There a Buyer for Ford?

The recent report that a China-based buyer made an offer for Fiat Chrysler Automobiles N.V. (NYSE: FCAU) got us thinking about whether there might be a buyer somewhere interested in ...
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Top 10 Most Pirated Movies Last Week

Pirating movies has been a growing problem in recent years, costing studios millions of dollars in lost ticket sales. In the past year alone, the Motion Picture Association of America ...
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FibroGen Prices Follow-On Offering

Shares of FibroGen Inc. (NASDAQ: FGEN) saw a handy gain on Wednesday after the firm announced the pricing of its underwritten follow-on offering. The offering is expected to close by ...
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What Analysts Are Saying After Urban Outfitters Crushed Earnings

The retail industry has been in turmoil this year, and as more companies are reporting, it doesn’t seem to be getting any better. However, Urban Outfitters Inc. (NASDAQ: URBN) saw ...
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Boeing, Up Over 50%, Helps Rise in Dow

As of Tuesday's close, shares of Boeing Co. (NYSE: BA) have added 53% for the year to date, far outdistancing second-place Apple Inc. (NASDAQ: AAPL), which has gained a not-unimpressive ...
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Zai Lab Files for IPO

Zai Lab has registered an F-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were given in the filing, but ...
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