ThinkstockNorthrop Grumman Corp. (NYSE: NOC) reported fourth-quarter and full-year results before markets opened this morning. For the quarter, the defense contractor posted diluted earnings per share (EPS) of $2.14 on revenues of $6.48 billion.…
ThinkstockKinder Morgan Energy Partners L.P. (NYSE: KMP) announced late last night that it has reached a definitive agreement to acquire midstream company Copano Energy LLC (NASDAQ: CPNO) in a transaction worth a total of…
ThinkstockChesapeake Energy Corp.’s (NYSE: CEO) CEO Aubrey McClendon is leaving the company he co-founded in 1989, citing “philosophical differences” with Chesapeake’s board. Until last year, there would have been no such differences because the…
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a drop of 8.1% in the group’s seasonally adjusted composite index, following a rise of 7% for the previous…
courtesy of Research In Motion Ltd.For some reason, a number of analysts believe that the launch of a new version of the Research In Motion Ltd. (NASDAQ: RIMM) BlackBerry will reverse the firm’s dismal fortunes.…
Wikimedia CommonsApparently Boeing Co. (NYSE: BA) knew about problems with batteries on its 787 Dreamliner before that trouble became public, and probably before its was disclosed to many of its airline customers. If this is…
ThinkstockMicrosoft Corp. (NASDAQ: MSFT) has decided to allow businesses to license the new version of its widely used and highly profitable Office product. The move may be an acknowledgement that companies have moved to…
January has been one great month for equity investors. With the Dow Jones Industrial Average up about 6.5% and challenging 14,000 again, and the S&P up more than 5.5% back above 1,500, investors have…
courtesy of Toyota Motor Corp.Toyota Motor Corp.’s (NYSE: TM) future success has become a balancing act between two powerful forces. One is that sales based on new demand because its reputation for making excellent cars has…
ThinkstockThe primary concern about Spain’s financial situation has been that its economy would disintegrate to the point at which it had no hope of addressing such horrible problems as 25% unemployment and its need…
Wikimedia CommonsBased on a crude calculation of Amazon.com Inc.’s (NASDAQ: AMZN) holiday sales, its forecast revenue for the current quarter and its revenue growth rate, the e-commerce’s firm will reach $100 billion in annual…
ThinkstockBlackBerry 10’s Odds for Success For some reason, a number of analysts believe that the launch of a new version of the Research In Motion Ltd. (NASDAQ: RIMM) BlackBerry will reverse the firm’s dismal fortunes.…
Chesapeake Energy Corp. (NYSE: CHK) CEO Aubrey McClendon retires as scandals around his tenure continue. (Reuters) Toyota Motor Corp. (NYSE: TM) recalls 752,000 Corollas because of airbag problems. (Reuters) Some at J.P. Morgan Chase & Co.…
Broadcom reported better-than-expected fourth-quarter and full-year 2012 results after markets closed on January 29, 2013.
By Steve Jurvetson CC-BY-2.0, via Wikimedia CommonsAmazon.com Inc. (NASDAQ: AMZN) has reported its important fourth quarter earnings report. Operating income increased 56% to $405 million in the fourth quarter. The retailer of almost everything…