ThinkstockReal estate information website Zillow Inc. (NASDAQ: Z) said this morning that U.S. home prices rose 1.1% month-over-month in October, marking the 12th consecutive monthly increase and the largest single monthly increase since August…
ThinkstockAccording to a new survey by the World Resources Institute (WRI), the number of coal-fired power plants is set to grow by 1,200 new facilities and add 1.4 million megawatts of generation to the…
ThinkstockThe US Energy Information Administration (EIA) released its weekly petroleum status report this morning. US commercial crude inventories declined by 1.5 million barrels last week, bringing the total US commercial crude inventory to 374.5…
ThinkstockLike most cable and mobile carriers, Dish Network Corp. (NASDAQ: DISH) has been seeking ways to bundle TV, Internet and mobile phone service in one integrated offering that would help the company lock-in customers…
courtesy Ford Motor Co.Ford Motor Co. (NYSE: F) and its partners in a Chinese engine plant will invest an additional $37.3 million to expand the plant’s capacity. Mazda Motor Corp. and Chongqing Changan Automobile…
courtesy of Wal-Mart Stores Inc.The National Labor Relations Board (NLRB) said last night that it was unlikely that the agency will reach a decision in the labor complaint filed by Wal-Mart Stores Inc. (NYSE:…
courtesy Deere & Co.Deere & Co. (NYSE: DE) reported fourth-quarter and full-year fiscal 2012 results before markets opened this morning. For the quarter the company posted earnings per share (EPS) of $1.75 and $9.8…
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a decline of 2.2% in the group’s seasonally adjusted composite index compared with last week’s increase of 12.5%. Unadjusted,…
ThinkstockSalesforce.com Inc. (NYSE: CRM) reported third-quarter 2013 earnings after markets closed today. For the quarter, the cloud computing company posted adjusted diluted earnings per share (EPS) of $0.33 on revenues of $788 million. In…
U.S. equity markets opened lower this morning and were never able to make a sustained push into positive territory. In Europe, the downgrade of French sovereign debt cooled the equity markets a bit (more…
ThinkstockCliffs Natural Resources Inc. (NYSE: CLF), a major producer of iron ore from mines in North America, Brazil, and Australia, has idled some of its North American ore production and will delay completion of…
courtesy of Chevron Corp.Chevron Corp. (NYSE: CVX) has filed a complaint with the state of New York seeking an investigation into the actions of the state’s comptroller, Thomas DiNapoli, and other members of his…
ThinkstockThe long-standing reign of West Texas Intermediate (WTI) crude as the international benchmark for crude oil pricing has been eroding for a couple of years. Now, there is a virtual certainty that WTI will…
courtesy of BlackberryShares of Research in Motion Ltd. (NASDAQ: RIMM) topped $10 briefly today, the first time the stock has been at such a lofty perch since late June. The occasion was a stock…
ThinkstockThe U.S. Securities and Exchange Commission (SEC) today filed criminal charges against a former SAC Capital Advisors hedge-fund manager related to an insider trading scheme that generated profits and avoided losses of $276 million…
ThinkstockAs far as shareholders are concerned, the merger between Glencore International and Xstrata plc is now in the books. Xstrata shareholders approved the $31 billion merger agreement without the retention packages for Xstrata executives…
ThinkstockEven though more than 99% of Glencore International shareholders voted to approve the $31 billion merger with Xstrata, the mining company’s shareholders failed to approve the deal in a vote that would have also…
courtesy Ford Motor Co.Ford Motor Co. (NYSE: F) and General Electric Co. (NYSE: GE) today announced that GE will purchase 2,000 of Ford’s C-Max Energi plug-in hybrids for GE’s fleet. The purchase will bring…
courtesy Best Buy Co. Inc.Best Buy Co. Inc. (NYSE: BBY) reported third-quarter 2013 adjusted earnings per share (EPS) of $0.03 and $10.75 billion in revenues before markets opened this morning. In the same period…
courtesy Green Mountain Coffee Roasters Inc.Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) has had its share of troubles in the past year or so. Today, though, the company has announced that it has found…