ThinkstockThe McGraw-Hill Companies Inc. (NYSE: MHP) reported fourth-quarter and full-year 2012 earnings before markets opened this morning. Quarterly adjusted diluted earnings per share (EPS) totaled $0.72 on $1.23 billion in revenues. In the same period…
thinkstockMichael Kors Holdings Ltd. (NYSE: KORS) reported third-quarter fiscal 2013 adjusted diluted earnings per share (EPS) of $0.64 and $636.78 million in revenues before markets opened this morning. In the same period a year…
thinkstockWe have tracked the key short interest changes as of January 31 in the following large cap stocks: General Electric Co. (NYSE: GE), Nokia Corp. (NYSE: NOK), Bank of America Corp. (NYSE: BAC), Verizon…
Thinkstock Lions Gate Entertainment Corp. (NYSE: LGF) reported third quarter results after the markets closed today. Quarterly diluted earnings per share (EPS) were $0.27 on revenues of $743.6 million. In the second quarter of…
U.S. equity markets opened lower this morning on a day that may be the least active of the year so far. The major Asian exchanges are closed today, with Shanghai and Hong Kong beginning…
courtesy of Sony Corp.A division of Sony Corp. (NYSE: SNE) and Starz (NASDAQ: STRZB) have extended a multi-year agreement under which Starz will remain the exclusive first-run TV outlet for new movies from Sony.…
ThinkstockThe effects of last week’s surprise devaluation of Venezuela’s currency are already hitting some U.S. firms. Colgate-Palmolive Co. (NYSE: CL) said this morning that it will take a $120 million one-time charge in the…
ThinkstockA new report on former employees of the Securities and Exchange Commission (SEC) who take new jobs at companies or with clients that are regulated by the commission not only documents traffic through the…
ThinkstockWhen Nordic American Tankers Ltd. (NYSE: NAT) reported results this morning, the company started out by saying that it had “improved its relative position within the industry despite a weak market.” The company’s quarterly…
ThinkstockA lawsuit filed in 2009 by Dish Network Corp. (NASDAQ: DISH) against sports network ESPN, which is owned by The Walt Disney Co. (NYSE: DIS), goes in front of a jury in Manhattan today.…
ThinkstockAn $11 billion merger between bankrupt AMR Corp., parent of American Airlines, and U.S. Airways Group Inc. (NYSE: LCC) could be concluded as early as this week, according to sources cited at Reuters. The…
ThinkstockLoews Corp. (NYSE: L) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the fourth quarter the holding company reported an earnings per share (EPS) loss of $0.08 on revenues of…
U.S. equity markets opened higher this morning boosted by higher-than-expected trade balances in China (more coverage here) and in the U.S. (more coverage here). In Europe the big news came later in the morning,…
ThinkstockThe latest data from Baker Hughes Inc. (NYSE: BHI) shows that drilling rig counts in North America rose by 1 in the week ending today and fell by 308 from the comparable period a…
Thinkstock LED tool maker Veeco Instruments Inc. (NASDAQ: VECO) said today that it would miss the deadline for fourth quarter and full year 2012 revenue and earnings filings. Shares have lost more than 5%…
courtesy of USPSThe U.S. Postal Service said today that its fourth-quarter deficit totaled $1.3 billion. That’s $2 billion less than the deficit the service ran in the fourth quarter of 2011. The USPS said…
ThinkstockThe Motorola unit of Google Inc. (NASDAQ: GOOG) lost 13 patent claims it had lodged against Microsoft Corp. (NASDAQ: MSFT) way back in 2010 when Motorola was still an independent company. The federal judge…
ThinkstockU.K. Prime Minister David Cameron prevailed in his determination to reduce the European Union’s (EU) seven-year project budget, the first time in the 27-member group’s history that the project budget has shrunk. The chop…
Outerwall Inc.When Coinstar Inc. (NASDAQ: CSTR) reported earnings last night, the owner of the Redbox DVD-rental machines beat earnings estimates by 27%, but net income was down by the same amount for the quarter.…
ThinkstockIn the energy sector, 2012 was the year of the refiner. Stock prices appreciated at least 80% for most of them, while the supermajor integrated companies were only able to tally gains in the…