thinkstockDecember 19, 2013: Markets opened lower on Thursday, probably a result of profit taking after all the buying that followed Wednesday’s FOMC announcement. The three major indexes closed mixed. The DJIA closed up 0.07%,…
ThinkstockThe Insurance Institute for Highway Safety (IIHS) released its best-rated safety picks for 2014 model year cars on Thursday and the big news is that the Camry from Toyota Motor Corp. (NYSE: TM) is…
General Motors Co.It’s no secret that new car sales in the U.S. have been very strong this year. Automakers are on track to sell more than 15.6 million cars in 2013 and to finish…
courtesy of McDonald'sIn a statement in Tokyo after markets closed on Thursday, the Japanese arm of McDonald’s Corp. (NYSE: MCD) issued a statement saying that net income would be about $48 million for the…
ThinkstockThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in November fell 4.3% to 4.9 million from a total of 5.12 million in October. Sales are…
ThinkstockWe can’t say we weren’t warned. When Caterpillar Inc. (NYSE: CAT) reported third-quarter results in October, the company slashed its guidance for the second time this year. When the company released its November retail…
Darden Restaurants Inc. (NYSE: DRI) said Thursday morning that it plans to hold a tax-free spin-off of its Red Lobster restaurants and that it would consider an outright sale of the chain.
Shares of Facebook Inc. (NASDAQ: FB) traded down in the premarket Thursday morning, following the announcement that the company will have a follow-on stock offering of 70 million shares.
In a new research report, analysts at Deutsche Bank are very positive on transportation stocks in 2014, despite a strong outperformance in the past year.
The Cowen biotechnology team has a list of top 10 surprises that are specific to the very hot biotechnology sector.
Uralkali, the Russian half of the former Belarusian Potash cartel, said that its export price for potash had fallen 27% to $272 per metric ton (tonne) in the third quarter.
3D Systems Inc. (NYSE: DDD) has acquired a team of engineers and other assets from Xerox Corp. (NYSE: XRX), its third acquisition this month as it focuses on technology and growth over profits.
Hershey Co. (NYSE: HSY) said Thursday that it will acquire Chinese candy maker Shanghai Golden Monkey Food Joint Stock Co., which bolster the chocolate maker's footprint in China.
Most luxury vehicles can still be given as Christmas gifts. But the wait time for the once-popular Model S from Tesla Motors Inc. (NASDAQ: TSLA) now is four months.
As retailers face having only days to improve their sales results, they have turned to a part of their playbook that did not even exist a few years ago -- free shipping.