Business

coins

LPL Earnings Do Not Live Up to Expectations

LPL Financial Holdings Inc. (NASDAQ: LPLA) reported its fourth-quarter financial results after the markets closed on Thursday. The company had $0.37 in earnings per share (EPS) on $1.02 billion in ...
Read Full Story »
fracking

What Weighed on Whiting Petroleum Stock Friday?

Shares of Whiting Petroleum Corp. (NYSE: WLL) fell more than 15% in early trading Friday to $4.15, after closing at $4.91 on Thursday. Volume was very heavy, with about 12 ...
Read Full Story »
AIG logo

Why AIG Is Rising Despite Q4 Earnings Miss

American International Group Inc. (NYSE: AIG) reported its fourth-quarter financial results after the markets closed on Thursday. The company had a net loss of $1.10 per share on $13.49 billion ...
Read Full Story »
cancer

Clovis Gears Up for NDA Discussion in April

Clovis Oncology Inc. (NASDAQ: CLVS) traded down in Friday’s session on a U.S. Food and Drug Administration (FDA) announcement. The company said that the FDA scheduled the New Drug Application ...
Read Full Story »
social media

Which Companies Lose on Twitter’s Numbers?

When Twitter Inc. (NYSE: TWTR) reported its fourth-quarter financials on Wednesday, and they pretty much disappointed across the board. User growth remains stagnant, interaction is flat and, while revenues are ...
Read Full Story »
Wow

Groupon Earnings Wow Investors

Groupon Inc. (NASDAQ: GRPN) reported its fourth-quarter financial results after the markets closed on Thursday. The company had $0.04 in earnings per share (EPS) on $917.2 million in revenues. That ...
Read Full Story »
T-50A LMT 2-16

Lockheed Changes Course on New Air Force Training Jet

For the past several months, Lockheed Martin Corp. (NYSE: LMT) and its partner, Korean Aerospace Inc. (KAI), have been considering a clean-sheet design for a new U.S. Air Force training ...
Read Full Story »
video game

Activision Blizzard Whiffs on Earnings

Activision Blizzard, Inc. (NASDAQ: ATVI) reported its fourth-quarter financial results after the markets closed on Thursday. The company had $0.83 in earnings per share (EPS) on $2.12 billion in revenue. ...
Read Full Story »
Music online

Why Pandora Is Getting Slammed After Earnings

Pandora Media Inc. (NYSE: P) reported fourth-quarter and full-year 2015 results after markets closed Thursday. For the quarter, the Internet radio company posted adjusted diluted earnings per share (EPS) of ...
Read Full Story »
ThinkstockPhotos-526289173

SEC Said to Question Boeing Accounting Method, Shares Dive 10%

Shares of Boeing Co. (NYSE: BA) ran into a stiff headwind Thursday morning following a report from Bloomberg that the U.S. Securities and Exchange Commission (SEC) is investigating a whistleblower ...
Read Full Story »
Test tubes

Hutchinson China MediTech Prepares for IPO

Hutchinson China MediTech has filed an amended 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 ...
Read Full Story »
Avon logo

Avon Products Stumbles Over Missed Earnings

Avon Products Inc. (NYSE: AVP) reported its fourth-quarter financial results before the markets opened on Thursday. The company had a net loss of $0.01 per share on $1.6 billion in ...
Read Full Story »
bankruptcy

Oil Patch Bankruptcies Soar in 2015

A total of 48 oil and gas exploration and production (E&P) companies filed for bankruptcy in 2015, and 39 oilfield services companies also filed for bankruptcy protection last year. So ...
Read Full Story »
pennies

Can Groupon Turn Itself Around With Earnings?

Groupon Inc. (NASDAQ: GRPN) is set to report its fourth-quarter financial results after the markets close on Thursday. The consensus estimates from Thomson Reuters call for no earnings and $845.9 ...
Read Full Story »
Vault Door

As European Bank ADSs Tank, What About Their Dividends?

Thursday was a day dominated by European bank weakness based on balance sheet concerns and profitability concerns. After all, negative interest rates on deposits with the European Central Bank can ...
Read Full Story »