ThinkstockFor more than a year now, the big story about Glencore International Ltd. has been its effort to take over mining company Xstrata. But an exclusive report at Reuters today could change all that.…
U.S. equity markets opened mixed this morning as the federal budget sequester appears to be set to go into effect tomorrow. Global data releases were also mixed. In Europe, the consumer price index came…
Courtesy Herbalife Ltd.Trading was halted briefly this afternoon in shares of nutrition and weight-control firm Herbalife Ltd. (NYSE: HLF) before the company announced that it had reached an agreement with activist investor Carl Icahn…
Mayor Dave Bing of Detroit has told a press conference today that Michigan Governor Rick Snyder will announce tomorrow his decision on hiring an emergency financial manager for the city. Bing did not say…
courtesy of Apple Inc.The free educational content at iTunes U has hit the 1 billion download mark according to Apple Inc. (NASDAQ: AAPL). iTunes U went live in 2007 and got its own online…
courtesy Best Buy Co. Inc.We’ll know at midnight tonight whether or not Best Buy Co. Inc. (NYSE: BBY) founder Richard Schulze has put together an offer for the company he once ran and from…
ThinkstockThe second half of last year was supposed to bring some improvement in server sales following a first half during which customers were sitting on their wallets waiting for new products. The improvement, when…
ThinkstockIn the month of January, 61,000 U.S. homes were foreclosed, more than a revised total of 56,000 in December and down from 75,000 in January 2012, according to research firm CoreLogic Inc. (NYSE: CLGX).…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by 171 billion cubic feet last week, slightly more than the decline of 167 billion cubic feet anticipated by analysts.…
thinkstockShares of J.C. Penney Co. Inc. (NYSE: JCP) are down nearly 18% in the first few minutes of trading this morning following a disastrous quarterly earnings report delivered after markets closed last night. For…
ThinkstockThe U.S. Energy Information Administration (EIA) said this morning that U.S. crude oil production topped 7 million barrels a day in the final two months of 2012. That is the highest volume production since…
ThinkstockWe have tracked the short interest in the following North American Solar companies as of February 15: Canadian Solar Inc. (NASDAQ: CSIQ), First Solar Inc. (NASDAQ: FSLR), GT Advanced Technologies Inc. (NASDAQ: GTAT), MEMC…
ThinkstockWe have tracked the key short interest changes as of February 15 in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI), BP PLC (NYSE: BP), Chesapeake Energy Corp. (NYSE: CHK), Chevron…
We have tracked the key short interest changes as of February 15 in the following semiconductor leaders: Intel Corp. (NASDAQ: INTC), Advanced Micro Devices Inc. (NYSE: AMD), Micron Technology Inc. (NASDAQ: MU), SanDisk Corp.…
thinkstockWe have tracked the key short interest changes as of February 15 in the following large cap stocks: General Electric Co. (NYSE: GE), Nokia Corp. (NYSE: NOK), Bank of America Corp. (NYSE: BAC), Verizon…
ThinkstockSears Holdings Corp. (NASDAQ: SHLD) reported fourth-quarter and fiscal year 2012 results before markets opened this morning. The department store operator reported quarterly adjusted diluted earnings per share (EPS) of $1.12 on revenues of…
courtesy of Groupon Inc.Groupon Inc. (NASDAQ: GRPN) reported fourth quarter and full year 2012 earnings after markets closed today. For the quarter, the daily deals company posted a diluted earnings per share (EPS) loss…
U.S. equity markets opened higher this morning following markets in Europe and Asia, most of which were also pointed higher. In Asia, equities were mostly higher following yesterday’s buoyant session in the U.S. The…
ThinkstockIn a lawsuit filed late yesterday in New York, Cablevision Systems Corp. (NYSE: CVC) is taking on Viacom Inc. (NASDAQ: VIAB) in a move that challenges the media company’s practice of forcing cable providers…
courtesy of Apple Inc.A federal judge in Texas has upheld a jury verdict totaling $368 million against Apple Inc. (NASDAQ: AAPL). The jury’s award to VirnetX Holding Corp. (NYSEMKT: VHC) is sweetened further by…