ThinkstockExxon Mobil Corp. (NYSE: XOM) and Chevron Corp. (NYSE: CVX) have some serious issues in common. Two obvious issues are that each is a DJIA component, and each is among the global oil & gas…
Yelp Inc. (NYSE: YELP) reported first quarter 2014 results after the markets closed Wednesday. The local business guide company posted a diluted earnings per share (EPS) loss of $0.04 on revenues of $76.4 million.…
ThinkstockJDS Uniphase Corp. (NASDAQ: JDSU) shareholders are about to forget all about the broader stock market being near all-time highs. The fiber optics maker and communications test and measurement provider traded down ahead of…
thinkstockApril 30, 2014: Markets opened lower on Wednesday but perked up following the FOMC’s mid-afternoon announcement that it would continue to cut its asset buying even though the first reading on Q1 GDP showed…
ThinkstockAvanir Pharmaceuticals, Inc. (NASDAQ: AVNR) is seeing a late day surge on Wednesday after news broke that the company has prevailed in a patent fight covering NUEDEXTA. This drug remains the only FDA-approved product…
ThinkstockThe U.S. Department of Agriculture (USDA) released its preliminary report on April farm prices Wednesday afternoon. The all-products price index rose by 4 points month-over-month (4.3%) to 115, with the crop index up 4.3%…
city of lynchburgCSX Corp. (NYSE: CSX) has just found itself on the bad end of a potentially serious public relations event. Hopefully the only damage is non-bodily. A train that has been reportedly owned…
ThinkstockThe $6.8 billion acquisition of Pepco Holdings Inc. (NYSE: POM) by Exelon Corp. (NYSE: EXC) announced this morning creates a utility company with some 10 million customers in the region around the District of…
courtesy of General MotorsJust 5% of new car shoppers in a recent survey said that they would not consider buying a General Motors Co. (NYSE: GM) car as a result of the massive recalls…
ThinkstockJanet Yellen and the FOMC have decided to continue with the low rate policy and tapering of quantitative easing yet again. This may sound similar to March, but this likely will come without the…
Jon OggEvery year there is a general pre-summer saying from investors: Sell in May, and go away! The idea is to miss the summer doldrums and lack of investor interest. One small problem, this…
The top two public oil and gas companies in the world, according to Platts Top 250 rankings from last October, are Exxon Mobil and Chevron. They and ConocoPhillips report first-quarter earnings this week.
Twitter is finally getting the day that it deserves. The problem is not so much in the service, but in what investors were trying to believe that the social media website was worth.
ThinkstockThe first quarter of 2014 was painfully slow. You likely now know what the blame was — weather. It is also seen in many corporate earnings reports that have come out in the past…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 1.7 million barrels last week, maintaining a total U.S. commercial crude inventory to 399.4…