ThinkstockAs the push continues toward a more energy independent America, some of the leading energy names continue to make huge leaps in production and profitability. The analysts at Bank of America Merrill Lynch have…
courtesy of VerizonVerizon Communications Inc. (NYSE: VZ) reported third-quarter 2013 results before markets opened Thursday morning. The telecom giant posted adjusted diluted quarterly earnings per share (EPS) of $0.77 on revenues of $30.28 billion.…
ThinkstockOne in four Americans are worried about the cost of the upcoming holiday season, according to results of a study released by RetailMeNot.com, the largest digital coupon website in the U.S. That put the…
Wikimedia CommonsPhilip Morris International Inc. (NYSE: PM) reported third-quarter 2013 results before markets opened Thursday morning. The tobacco products firm posted adjusted diluted earnings per share (EPS) of $1.44 on revenue of $7.93 billion.…
ThinkstockSome good news for makers of cookies and candy. Recent research shows that Oreos are as addictive as cocaine. However, the companies may want to hold off celebrating. The data are based on the habits of…
ThinkstockThe CEO of the National Retail Federation, Matthew Shay, penned a letter that stated the organization’s position on how badly its members could be harmed by the government shutdown and lack of a long-term resolution. Anyone reading…
For the S&P 500 to reach 2,000, it will need to rise 16% above what is already nearly record territory. The index should make it. Most analysts believe that the Washington settlement will be short-lived as the…
ThinkstockDespite Wednesday night’s deal to raise the debt ceiling and reopen the government, a downgrade in the credit rating of the United States may still be on the table, says a report in the…
ThinkstockThe federal government shutdown hit the U.S. Energy Information Administration last Friday and the agency will not publish its weekly report on petroleum data nor its weekly natural gas storage report, both due tomorrow…
ThinkstockThe world’s largest toy seller, Toys”R”Us, announced on Wednesday afternoon that it had hired interim CEO Antonio Urcelay as its permanent CEO. The company also hired Hank Mullany as President of its U.S. stores.…
Jon OggInternational Business Machines Corp. (NYSE: IBM) is proving that it has very limited growth opportunities in new revenues. The only saving grace for the rest of us these days is that IBM is…
ThinkstockAmerican Express Co. (NYSE: AXP) today reported third quarter results after markets closed Wednesday night. The financial services company reported diluted earnings per share (EPS) of $1.25 on revenues net of interest expense of…
October 16, 2013: U.S. markets opened higher Wednesday morning after negotiations for a Senate deal got started again on Tuesday night. Shares had already touched daily highs by the time a deal was announced.…
ThinkstockA deal between Democrats and Republicans has supposedly been reached in Washington, D.C., to end the government shutdown and to end the debt ceiling expiration. While many people expect that this will prevent Treasury…
ThinkstockThe U.S. economy continued to increase at a “modest to moderate pace” according to Wednesday’s release of the Federal Reserve’s October Beige Book. Employment growth, one of the key drivers of the Fed’s monetary…