After the close of trading today, Standard & Poor's announced that it is booting Ambac Financial Group Inc. (NYSE: ABK) out of the S&P 500 Index. The company's size has ... Read Full Story »
Loews Corporation (NYSE:LTR) has approved a plan to spin off its entire ownership interest in Lorillard, Inc. to holders of its Carolina Group (NYSE: CG) stock and Loews common stock ... Read Full Story »
Morningstar has hit the market with "The Market's Most Overvalued Stocks". They cover a wide range of industries, and some of them, like Schlumberger (SLB), would appear to be "buys" ... Read Full Story »
Dominion Resources Inc. (D-NYSE) has been trying to trim down its focus on more core assets via assets sales and select combinations. This morning the company has enetered into two ... Read Full Story »