ThinkstockIn the month of December, 56,000 U.S. homes were foreclosed, down from an upwardly revised total of 58,000 in November and down from 71,000 in December 2011, according to research firm CoreLogic (NYSE: CLGX).…
ThinkstockOver the past 12 months, more small businesses have fired employees than hired new ones, according to the latest Wells Fargo/Gallup small business index. The January index reading of -10 is slightly higher than…
ThinkstockZoetis Inc. (NYSE: ZTS), a spin-off of the animal health business of Pfizer Inc. (NYSE: PFE), held its initial public offering this morning. The company offered 86.1 million shares at $26 a share, $1.00…
Courtesy Chrysler Group LLCAutomakers will be reporting January U.S. sales today, and based on the two already out, it appears that it was a very good month. Ford Motor Co. (NYSE: F) reported sales…
courtesy of Chevron Corp.Chevron Corp. (NYSE: CVX) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the oil and gas supermajor posted diluted earnings per share (EPS) of $3.70…
Wikimedia CommonsOil and gas supermajor Exxon Mobil Corp. (NYSE: XOM) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, Exxon posted diluted earnings per share (EPS) of $2.20 on…
ThinkstockIn an Securities and Exchange Commission filing this morning, wireless network company Clearwire Corp. (NASDAQ: CLWR) filed a preliminary proxy statement related to the company’s “definitive agreement” to be acquired by Sprint Nextel Corp.…
ThinkstockNational Oilwell Varco Inc. (NYSE: NOV) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the oil field services and drill rig technology firm posted adjusted diluted earnings per…
ThinkstockThe U.S. Department of Agriculture reported today that January agricultural product prices received by farmers rose 9% in January compared with December prices. Prices were 15% higher than in January 2012. The prices paid…
ThinkstockWynn Resorts Ltd. (NASDAQ: WYNN) reported fourth quarter and full year 2012 results after markets closed today. For the quarter, the casino and resort operator posted adjusted diluted earnings per share (EPS) of $1.17…
U.S. equity markets opened lower this morning following a mixed bag of data on the U.S. economy and mixed earnings results out this morning. In Europe, Germany’s retail sales fell sharply this month, but…
ThinkstockIntellectual property firm Vringo Inc. (NYSEMKT: VRNG) announced this morning that a wholly owned subsidiary, I/P Engine, had filed a patent infringement lawsuit against Microsoft Corp. (NASDAQ: MSFT) alleging that the software giant had…
Courtesy Research in Motion Ltd.With only a couple of exceptions, analysts covering Research In Motion Ltd. (NASDAQ: RIMM) maintained their ratings on the company’s stock until after RIM launched its new BlackBerry 10 operating…
ThinkstockTwo of the world’s largest oil amd gas companies have reported earnings in the past 12 hours or so, and two more will report before markets open tomorrow morning. Royal Dutch Shell PLC (NYSE:…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by 194 billion cubic feet last week, below an average expected drop of around 206 billion cubic feet. Natural gas…
ThinkstockThe first homebuilder initial public offering (IPO) since 2004 can only be described as a huge success. Tri Pointe Homes Inc. (NYSE: TPH) upped its planned offering of 11.7 million shares in a price…
Courtesy United Parcel Service Inc.United Parcel Service Inc. (NYSE: UPS) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the package delivery giant posted adjusted diluted earnings per share…
ThinkstockPulteGroup Inc. (NYSE: PHM) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the homebuilder posted diluted earnings per share (EPS) of $0.15 on revenues of $1.57 billion. In…
courtesy of philip morris internationalAltria Group Inc. (NYSE: MO) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the tobacco company posted adjusted diluted earnings per share (EPS) of…
ThinkstockLas Vegas Sands Corp. (NYSE: LVS) reported fourth-quarter and full-year 2012 results after markets closed today. For the quarter, the casino and resort operator posted adjusted diluted earnings per share (EPS) of $0.54 on…