News that Hertz Global Holdings will spin off its construction equipment rental business pleased investors, who pushed shares sharply higher after the opening bell Monday. Details of the deal could be announced this week.
Shares of Yahoo! and Sina Corp. got a nice boost Monday morning from the weekend's reports that China's e-commerce behemoth Alibaba has filed for a U.S. initial public offering. It is seeking to raise…
ThinkstockThe U.S. Bureau of Labor Statistics (BLS) released data Monday on the unemployment rates in the 50 states and District of Columbia. The numbers changed very little in January, the period for the current…
Just when investors in General Motors thought they might have seen the last of automobile recalls for a while, the company announced Monday that it is recalling an additional 1.55 million vehicles.
About all that Kandi Technologies has in common with that other electric car maker -- Tesla Motors -- is that both companies use lithium ion batteries and both have seen their stock prices soar…
ThinkstockMost Americans who have estates and families want to make certain that there is plenty left for their loved ones after they die. Millions have life insurance policies ranging from a few thousand dollars…
courtesy of Apple Inc.iPhone 6 users may be able to get weather reports from their phones — not by asking Siri to check with external sources, but from temperature, humidity and pressure sensors built…
Shares of Verisign were tanking Monday in the wake of the government's decision to give up its role overseeing the system of Web addresses and domain names that form the basic plumbing of the…
Not surprisingly, when consumers in five emerging market countries were asked to name pick their choice of connected devices, Apple came out on top. Samsung continues to lead in sales however.
Shares of Sirius XM were reinstated with an Overweight rating at Evercore Partners. The company is now no longer involved in a low-ball buyout attempt by John Malone and Liberty Media.
Chesapeake Energy filed a Form 10 with the SEC Monday morning with preliminary information regarding a spin-off of the company's wholly owned Chesapeake Oilfield Services business into a new stand-alone company to be named…
ThinkstockInvestors have tracked the notion of stock splits for more than two generations now. The problem is that stock splits do not actually change the fundamentals of a company. Some investors even argue that…
Facebook was downgraded to Hold from Buy at Argus on Monday. The call is not all that bad on the surface, and Argus even maintained its a Buy rating on its long-term outlook with…
courtesy of Fiat SpAChrysler Group has issued a recall notice for 18,092 model year 2014 Fiat 500L vehicles to repair a defect that may have a delayed effect or no effect at all when…
The Los Angeles Times reported over the weekend that the city of Los Angeles has filed a lawsuit against Time Warner Cable for allegedly cheating on its franchise fees to the city for more…