Herbalife Confirms Illinois Attorney General Investigation

Herbalife Ltd. (NYSE: HLF) has had more than a normal share of investigations and probes of late. Now it turns out that it is confirming a probe from the State ...
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Chipotle Raising Burrito Prices

When Chipotle Mexican Grill Inc. (NYSE: CMG) reported first quarter earnings Thursday morning, the company specifically noted higher commodity costs for beef, avocados, and cheese as the drivers for a ...
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Nine Most Valuable Collectibles

No longer the sole domain of avid collectors, luxury collectibles are now considered viable alternative investments. Prices of luxury items, such as classic cars, ancient Chinese ceramic art, and rare ...
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shopping cart

Walmart Starts Wire Transfer Service

In yet another foray into the banking business, Wal-Mart Stores Inc. (NYSE: WMT) announced Thursday morning that it is launching a money transfer service that allows customers to transfer funds ...
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Yahoo! Brings Founder Back to Board

In a proxy filing Wednesday, Yahoo! Inc. (NASDAQ: YHOO) has nominated founder David Filo to the company's board of directors. The company also nominated Charles Schwab, founder of financial services ...
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Snack Food Sales Boost Pepsi Earnings

PepsiCo Inc. (NYSE: PEP) reported first-quarter 2014 results before markets opened Thursday. The food and beverage company posted adjusted diluted earnings per share (EPS) of $0.83 on revenues of $12.62 ...
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GE Delivers on Earnings, IPO Plans and 2014 Guidance

General Electric Co. (NYSE: GE) is out with its first-quarter earnings report for 2014. The conglomerate posted earnings of $0.33 per share, versus the Thomson Reuters consensus estimate of $0.32 ...
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Jeff Bezos

Amazon Workers Strike in Germany

Online retail giant Amazon.com Inc. (NASDAQ: AMZN) continues to face labor troubles in Germany. Workers at two of Amazon's logistics centers began a one-day strike Thursday morning that could see ...
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Sony PS4

Sony PlayStation 4 Sales Top 7 Million

Sony Corp. (NYSE: SNE), desperate for any success to help turn around its faltering prospects, announced some good news. Sales of its PlayStation 4 (PS4) have topped 7 million. It ...
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GM Car Sales Surge in Europe

Whatever recall and sales growth problems General Motors Co. (NYSE: GM) may have in the United States, its money-losing European operations have finally started to turn around. Red ink in ...
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The 10 Fastest Rising Food Prices

Food prices at the grocery store are up, following an increase in production costs and wholesale prices. In March, retail food prices rose 0.4% from the preceding month, matching February’s ...
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Janet Yellen Talks Up Progress in Labor Market, Addresses Inflation

Federal Reserve Chair Janet Yellen spoke at the Economic Club of New York on Wednesday, April 16, regarding monetary policy and the economic recovery. The initial reaction was that the ...
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Drilling Rig

Rival Earnings Expectations: Schlumberger vs. Baker Hughes

Earnings season is upon us, and Thursday will bring earnings reports from Schlumberger Ltd. (NYSE: SLB) and Baker Hughes Inc. (NYSE: BHI). These two do not always report earnings on ...
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Houston Ship Channel

Sharp Rise in Crude Oil Inventories Unlikely to Lower Gasoline Prices

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 10 million barrels last week, maintaining a total U.S. commercial ...
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Analyst Shows Why Twitter Shares May Have Bottomed

Sterne Agee's Arvind Bhatia has decided that enough is enough when it comes to the drop in shares of Twitter Inc. (NYSE: TWTR). He has decided to raise his rating ...
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