KBR to Restate 2013 Financials to Include Additional Losses
Not surprisingly, shares of KBR took a hit in early trading Monday after the company announced its intention to restate its consolidated financial statements for the year 2013.
Not surprisingly, shares of KBR took a hit in early trading Monday after the company announced its intention to restate its consolidated financial statements for the year 2013.
24/7 Wall St. wanted to look at Groupon's earnings expectations, as well as looking to see whether the daily deals and discounts website is a winner or it needs to create a living will.
ThinkstockSales of used vehicles slipped 6.7% in the first quarter of 2014, from 9.8 million units in the year-ago quarter to 9.1 million units this year. Franchised sales were up 11% at 2.8 million,…
ThinkstockThe Conference Board Employment Trends Index rose in the month of April, a trend that coincides perfectly with the Labor Department report from last Friday. The so-called ETI rose to 118.0 in April, up…
King Digital Entertainment has seen its quiet period come to an end. Now the underwriters who participated in the initial public offering are free to cover it with official analyst research reports and ratings.
Tyson Foods reported mixed second-quarter fiscal 2014 results before markets opened Monday morning. Tyson's EPS guidance was way below the consensus estimate.
ThinkstockStocks are indicated lower on Monday, with the S&P 500 futures down seven points at 1,867.50 and DJIA futures down 61 points around 16,386. Investors and traders alike are still looking for upside from…
Target sacked Gregg Steinhafel, its CEO/president/chairman, and there should be little doubt about why: the massive data breach that hit the company just before the holiday season.
These are the top analyst upgrades, downgrades and initiations seen on Monday, May 5, 2014. They include ARIAD Pharmaceuticals, Chipotle Mexican Grill, Disney, FireEye, L-3 Communications and SINA.
Drug giant Pfizer reported better-than-expected first-quarter 2014 earnings before markets opened Monday morning, but revenues fell short. Shares traded lower in the premarket.
Nokia, and by extension, its parent Microsoft, have entered the "connected" car business. The trend has become a land rush that now includes dozens of software, hardware and car manufacturers.
ThinkstockA recession is defined as “a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.” But does the traditional…
ThinkstockB/E Aerospace, Inc. (NASDAQ: BEAV) has enjoyed a nice growth trajectory over the years, outfitting cabin interiors for the world’s airplane fleets. Now it is worth about $9.4 billion, and it could be the…
courtesy of Tesla MotorsTesla Motors Inc. (NASDAQ: TSLA) is due to report earnings this coming Wednesday. This did not make our top earnings of the week because Tesla actually has such a low market…
Jon OggEarnings season is far from over, but roughly three quarters of the stocks in the Standard & Poor’s 500 Index stocks have now reported their earnings for the first calendar quarter of 2014. Many…