Paying out $108 million to settle Foreign Corrupt Practices Act charges may sound expensive on the surface, but for a company like Hewlett-Packard it may be cheaper than it sounds if you consider its…
Procter & Gamble's sale of its most of pet food business to candy and pet food maker Mars for $2.9 billion should be a win for both companies. P&G shares were up fractionally in…
Hotel chain La Quinta Holdings issued 38.25 million shares at $17 a share in its initial public offering Wednesday morning. The IPO price was below the expected range of $18 to $21 a share.
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 4 million barrels last week, maintaining a total U.S. commercial crude inventory to 384.1…
The latest scuttlebutt would suggest double the fun for Apple investors and iPhone aficionados: not one but two iPhone releases this year, each with a larger screen.
ThinkstockThe U.S. Census Bureau reported Wednesday morning that U.S. wholesale trade rose 0.7% in February to $436.1 billion from a downwardly revised January total and up 3.1% compared with February 2013. Economists polled by…
Hecla Mining has been a down and out gold and silver producer for quite some time. Despite the huge retreat in gold and silver prices from their peak, Hecla's turnaround is unique.
ThinkstockThe price of bacon in the United States rose 13% in February, according to a report from the U.S. Department of Agriculture (USDA). The agency said that the supply of hogs was “ample,” but…
ThinkstockThis is a million-dollar question, literally. Maybe even a billion-dollar question, given all the lobbying money being spent on the debate. The United States has a top corporate income tax rate of 35%. Add…
ThinkstockIn just a matter of days, the S&P 500 managed to produce a sell-off of more than 6%. The equity strategy team at Jefferies concede that the recent correction in share prices has raised…
Constellation Brands reported better-than-expected fourth-quarter and full-year fiscal 2014 earnings before markets opened Wednesday morning, though sales in the wine and spirits segment were flat.
These are the top analyst upgrades, downgrades and initiations seen on Wednesday, April 9, 2014. They include Apache, Arch Coal, CBOE, Chevron, GM and Nasdaq OMX.
In a new report, the chip analysts at Deutsche Bank said the sector is fully pricing in all the good news, and if companies miss their numbers or present lackluster guidance they could get…
Alcoa may no longer be a Dow Jones Industrial Average component, but investors are still trying to use the company as a harbinger for earnings season. The aluminum giant beat earnings on soft revenues.
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 1.6% in the group’s seasonally adjusted composite index. That followed a drop of 1.2% for the…