Is the US breaking its heroin-like attachment to oil? Maybe. In America, people are using more fuel-efficient cars, more ethanol. and less oil. According to the FT "The country’s foreign oil dependency is expected…
Newspapers continued their march into oblivion with one tiny bright spot, the internet revenue for The New York Times. Reporting April numbers, NYT said the the internet revenue in its newspaper group rose 25.6%…
As part of a 10b5-1 trading plan, First Solar Inc. (NASDAQ: FSLR) has seen its CEO Michael Ahearn unload roughly 250,000 shares of common stock. As of the last filing, he still held some…
Solarfun Power Holdings Co. Ltd. (NASDAQ: SOLF) has been on an absolute tear over the last week. The Chinese PV cell manufacturer will release earnings before the open this Wednesday (May 21). On May…
Union Drilling, Inc. (NASDAQ: UDRL) has filed to sell up to 15,726,540 shares of common stock in a secondary offering. The company will sell up to 5,000,000 shares and the rest will come from…
Shares of Amgen Inc. (NASDAQ: AMGN) are seeing a small gain in after-hours trading. The troubled biotech giant announced that findings from its head-to-head, double-blind trial comparing the effects of denosumab in post-menopausal women…
Nucor Corporation (NYSE: NUE) is going to pursue a public offering of 25,000,000 shares of common stock and it granted underwriters an over-allotment option of up to an additional 3,750,000 shares. This offering is…
Royal Bank of Scotland (RBS) Warren Buffett will not bid of bank’s insurance unit. Down to $5.87 from 52-week high of $11.50. Nexcen Brands Inc (NEXC) Company accountants give a "going concern" opinion. Drops…
It looks like the SEC is getting more focused in its options backdating probes, although it is going after some companies more than others. Frankly, it’s about time to wrap this up as it…
Shares of Devon Energy Corp. (NYSE: DVN) are up slightly as the company has closed on the sale of another asset in Africa. The company closed upon the sale of its operations in Gabon,…
As each day passes, a larger and larger portion of the analyst community turns on banks and brokerages like a pack of wild dogs. The majority report now seems to be that most large…
This morning the earnings report out of Lowe’s Companies Inc. (NYSE: LOW) has taken shares lower. The housing materials and hardware giant saw a near-18% drop in earnings and its numbers came in at…
The trouble in the business world is not just confined to big companies and banks which get covered on the front pages of newspapers. Small business in America is officially in trouble. A study…
Last week, we noted in "Trouble Brewing in Oil & Gas MLP Land" that many MLP spin-offs had either not been coming public since their IPO filing dates, but there are more deals that…
There is some interesting financing news this morning, even if the financing is not one of massive proportions in private equity, venture capital, or in sovereign-type investments. An OTC-BB listed stock called ZAP (OTCBB:…