November 1, 2013: U.S. markets opened higher Friday morning and got a bit more of a bump after PMI data from the Institute for Supply Management came in better than expected following the worst…
If one bankruptcy in recent history was about as well telegraphed as you could ever imagine, it was the bankruptcy of Eastman Kodak Company (NYSE: KODK). This down and out company has made its…
lululemonLululemon Athletica Inc. (NASDAQ: LULU) may have a serious problem on its hands. Actually, make that “problems” rather than one problem. New reports of yoga pants being see-thru are making the rounds, as are…
ThinkstockThe $75 billion merger between commodities trading house Glencore International and Xstrata for form Glencore Xstrata plc was completed in April of this year. In December of 2012, several Xstrata executives received millions of…
ThinkstockContemplating the possibility of an initial public offering for a professional athlete may seem more than a bit strange. A site named Fantex is potentially changing the way that athletes can monetize current and future…
ThinkstockU.S. automakers General Motors Co. (NYSE: GM), Ford Motor Co. (NYSE: F), and Chrysler Group LLC all reported double-digit year-over-year new car sales growth in the U.S. today. The month started off slowly for…
ThinkstockQunar Cayman Islands Ltd. (NASDAQ: QUNR) is the most popular search-based commerce platform for China’s travel industry in the Middle Kingdom. The company held its initial public offering (IPO) on Friday, selling 11.11 million…
ThinkstockAutomakers reported October U.S. sales throughout the day Friday, and we will be following the reports and posting results as they come in. Sales in the first two weeks of the month were soft,…
ThinkstockBarrick Gold Corp. (NYSE: ABX) already was having a bad week after earnings, when it disclosed more delays on projects. The real snafu here was that Barrick decided to add insult to injury by…
ThinkstockThin-film solar PV maker First Solar Inc. (NASDAQ: FSLR) positively pounded earnings and revenues estimates when it reported third-quarter results Thursday evening after markets closed. Adjusted earnings per share (EPS) of $2.28 on revenues…
Wikimedia CommonsAmerican International Group Inc. (NYSE: AIG) may still be out of favor among much of the public for its role in the financial meltdown, but now it is back in a more normalized…
Courtesy The Container Store Group Inc.The Container Store Group Inc. (NYSE: TCS) retails home storage and organization products under the Elfa brand, and the company’s initial public offering (IPO) Friday morning has caused an…
ThinkstockTwo different manufacturing reports hit the tape this morning. The more important and broader measurement from the Institute for Supply Management (ISM) report on business covered the manufacturing sector for October. This reading came…
courtesy of Google Inc.The consortium that bought a portfolio of more than 6,000 patents from bankrupt Nortel has filed a patent infringement lawsuit against Google Inc. (NASDAQ: GOOG) and seven other Android phone makers,…
Right before 9:00 a.m. EST on Friday we saw that the Markit Purchasing Managers Index for October fell to 51.8 from 52.8 in September. The good news is that the number was better than…