Rubicon IPO Lights Up the Board
ThinkstockThe Rubicon Project Inc.(NYSE: RUBI) sold 6.77 million shares in an initial public offering (IPO) Wednesday morning. The stock went out at $15 a share, the low end of the expected range, and had…
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Year: 2014
All Year: 2014 Articles
Newest first · Page 371Will Fire TV Succeed Where Apple and Others Have Not?
Amazon.com announced Monday the availability of its Fire TV streaming video set-top box. Fire TV has its work cut out for it in a field with both established players and other recent entrants.
More Fed Predictions of Late 2015 Rate Hikes
ThinkstockDennis Lockhart, president and chief executive officer of the Federal Reserve Bank of Atlanta, gave a speech on Wednesday to the Greater Miami Chamber of Commerce (obviously in Miami, Fla.). While individual Fed presidents…
Half of Americans Would Not Last a Month on Savings
ThinkstockNearly half of all U.S. consumers lack confidence in or an understanding of their personal finances, and 48% do not have enough savings to last more than a month if all other sources of…
Why Western Union and PayPal Better Watch Out for Bitcoin
TheWhyForum.comBitcoin remains a mystery to much of the public, even while it has fought for its life as a currency and method of payment. Now a new angle has surfaced, with Fitch Ratings issuing…
Companies Left in a Lurch as Tiger Woods Out of Masters
It's just not CBS Sports that is a loser if Tiger Woods does not play in the Masters Golf Tournament, though without him ratings will be merely pedestrian. Also losing out are Woods's sponsors.
Stratasys Chooses Two Acquisitions for More Growth
Stratasys announced Wednesday morning that it has entered definitive agreements to acquire two privately held additive manufacturing services companies: Solid Concepts and Harvest Technologies.
DOE Shows Refineries Running at Almost Full Capacity
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 2.4 million barrels last week, maintaining a total U.S. commercial crude inventory to 380.1…
TrimTabs Shows Higher Payrolls Growth Ahead of Labor Department
TrimTabs Investment Research indicates that the U.S. economy added between 195,000 and 225,000 jobs in the month of March. TrimTabs often has been conservative in its payrolls expectations.
Is the High-Frequency Trading Virtu IPO Toast?
ThinkstockVirtu Financial Inc. was supposed to be one of the top ten IPOs of 2014. Now it appears as though the high frequency trading shop, which almost never loses money on a daily basis,…
Wireless War Heats Up as AT&T Goes on Hiring Spree
AT&T said Wednesday that it will hire more than 3,000 additional staff for its retail operations over the next several months. The new hires are needed to meet increased demand in its retail business.
Six Tech and Communications Buyout Candidates From Oppenheimer
ThinkstockThe analysts at Oppenheimer are making a single huge statement in a new research report. They see more technological change occurring in the next three years than at any point since the late 1990s.…
Monsanto Excels on Earnings
Monsanto reported better-than-expected second-quarter fiscal 2014 results before markets opened Wednesday morning. Shares were fractionally higher in premarket trading.
States With the Highest (and Lowest) Taxes
ThinkstockDuring the 2011 tax season, Americans paid 9.8% of their income in state and local taxes — on top of taxes collected by the federal government. This number, according to a report by the…
J.P. Morgan Denies Russian Money Transfer
In the first such action by a large U.S. financial institution as a result of sanctions against Russia, J.P. Morgan blocked a transfer of funds from a Russian embassy to an insurance company partly…