courtesy of Facebook Inc.Lehman Bros. sues Intel Corp. (NASDAQ: INTC) over $1 billion in seized collateral. (Reuters) Glencore continues to push to buy Xstrata. (Reuters) Facebook Inc.’s (NASDAQ: FB) mobile business shoots up in…
courtesy of The Car Spy, via Wikimedia CommonsBMW posted impressive earnings, although by many measures they could be considered weak. The luxury car group has proved that even recession does not kill the appetite that…
thinkstockHere are the five biggest gaining stocks in today’s U.S. markets at closing: Neutral Tandem Inc. (NASDAQ: IQNT) is up 52% at $4.53. James River Coal Co. (NASDAQ: JRCC) is up 29.1% at $2.13.…
ThinkstockLas Vegas Sands Corp. (NYSE: LVS) reported first-quarter 2013 results after markets closed today. For the quarter, the casino and resort operator posted adjusted diluted earnings per share (EPS) of $0.71 on revenues of…
courtesy of Facebook Inc.Facebook Inc. (NASDAQ: FB) has released its first-quarter corporate earnings results. The social media giant reported earnings of $0.12 per share or $563 million on $1.46 billion in revenue. This compares…
U.S. equity markets opened lower this morning following a weaker-than-expected employment report from ADP and concern that Friday’s report from the Bureau of Labor Statistics will follow the ADP lead (more coverage here). In…
ThinkstockAdvanced Micro Devices Inc. (NYSE: AMD) is surging on Wednesday with a double-digit percentage gain in the price of the stock. What is interesting is that the move is not really from breaking news…
courtesy of Apple Inc.Tablet makers shipped 49.2 million tablet devices in the first quarter of 2013, led by rising demand for the smaller screen devices like the iPad mini from Apple Inc. (NASDAQ: AAPL).…
ThinkstockBen Bernanke and the Federal Open Market Committee are leaving the near-zero rate policy flat at 0.00% to 0.25% for Fed Funds. That was expected and is expected to remain in place for some…
courtesy GameStop Corp.Video games are going to get their chance to prove once again that the boxed video game era of $59.95 releases is not dead. Freemium games have had their day, maybe, and now we have…
courtesy of Google Inc.Digital media research firm comScore Inc. (NASDAQ: SCOR) has released its ranking of the top 50 U.S. web properties for March and the list is topped, once again, by the usual…
Jon OggThe first-quarter earnings season is peaking this week, as far as the number of companies on a normal calendar. Corporate earnings have been weaker than expected in a manner of sorts, yet until…
thinkstockToday’s report on U.S. crude oil and gasoline inventories underscores a story we have been trying to tell for several weeks now: crude oil and gasoline prices have nowhere to go but down. U.S.…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. The big news is U.S. crude oil inventories are at their highest level since the EIA began keeping weekly data…
ThinkstockAlcoa Inc. (NYSE: AA) remains pressured to build up its earnings in a very difficult environment. Now the company has announced that it will “review 460,000 metric tons of smelting capacity over the next…