Oil supermajor BP PLC (NYSE: BP) has been seeking a buyer for its massive Texas City, Tex., refinery for nearly a year. The sale is part of the company’s effort ... Read Full Story »
Continuing the process of dumping properties in order to raise cash to pay down debt it incurred to purchase the properties in the first place, Chesapeake Energy Corp. (NYSE: CHK) ... Read Full Story »
Fast food giant McDonald’s Corp. (NYSE: MCD) today reported same-store sales in August rose 3.7% year-over-year, but total sales rose just 1.2% (6.2% in constant currency) in the month. U.S. ... Read Full Story »
Lululemon Athletica Inc. (NASDAQ: LULU) reported adjusted second-quarter earnings per share (EPS) of $0.34 on $282.6 million in revenue before markets opened today. In the same period a year ago, ... Read Full Story »
In what to many investors must seem like a slow-motion effort to revive the company, Nokia Corp. (NYSE: NOK) today will introduce its latest smartphones running the Windows Phone 8 ... Read Full Story »
Although Pandora Media (NYSE: P) reported yesterday that its net loss for the second quarter widened to $5.4 million, or $0.03 per share, compared to a loss of $1.8 million ... Read Full Story »
Solar cell and module makers JA Solar Holdings Co. Ltd. (NASDAQ: JASO) and Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) reported second-quarter earnings this morning and both fell short ... Read Full Story »
Computer printer maker Lexmark International Inc. (NYSE: LXK) announced today that it will leave the inkjet printer business. The company expects to eliminate its inkjet development by the end of ... Read Full Story »
While most of the 30 stocks on the Dow Jones Industrial closed in the red yesterday, Kraft Foods Inc. (NASDAQ: KFT) and Pfizer (NYSE: PFE) bucked that trend. Kraft climbed ... Read Full Story »
Japan's exports plunged in July, the Ministry of Finance said. The nation swung back to a trade deficit. The yen fell following the worse-than-expected report. The trade gap totaled 517.4 ... Read Full Story »
Tech Data Corp. (NASDAQ: TECD) reported this morning that its second-quarter earnings came to $0.88 per share on $5.96 billion in revenue. The results were down from $1.10 per share ... Read Full Story »
Asian stocks were mixed as China moved to alleviate a cash crunch and ahead of U.S. reports that are expected to show the world’s biggest economy is improving. China’s Shanghai ... Read Full Story »
European stocks are up today on the possibility of further monetary stimulus in China boosted investor confidence, and investors await reports that may show the U.S. economy is improving. Prime ... Read Full Story »
Sears Holdings Corp. (NASDAQ: SHLD) reported an adjusted second-quarter net loss of $0.86 per share and $9.47 billion in sales before markets opened today. In the same period a year ... Read Full Story »
Abercrombie & Fitch Co. (NYSE: ANF) reported second-quarter earnings per share (EPS) of $0.19 and $951.4 million in revenues before the markets opened this morning. In the same period a ... Read Full Story »