The three major U.S. stock indexes opened flat this morning following a disappointing quarterly report from Apple Inc. (NASDAQ: AAPL) last night (more coverage here) which weighed on Asian tech stocks particularly. The Bank…
There are easier ways to make a living than drilling for oil and gas in hundreds or thousands of feet of water, but the rewards can more than repay the risk. We’ve taken a…
A British company called Air Fuel Systems is working on a process to use the carbon dioxide in the atmosphere to make gasoline. The process funnels the carbon dioxide in the air through a…
In the first nine months of 2012, the various models of the Prius from Toyota Motor Corp. (NYSE: TM) sold 46,380 vehicles in California to become the best selling car in the country’s largest…
Tablets using the Android operating system from Google Inc. (NASDAQ: GOOG) have grabbed 41% of the market on shipments of 25 million units during the third quarter of 2012. The iPad from Apple Inc.…
Arch Coal Inc. (NYSE: ACI) reported third quarter 2012 results before markets opened this morning. The coal mining company posted adjusted diluted earnings per share (EPS) of $0.20 on revenues of $1.09 billion. In…
Weyerhaeuser Co. (NYSE: WY) reported third-quarter 2012 results before markets opened this morning. The wood products REIT posted adjusted diluted earnings per share (EPS) of $0.22 on revenues of $1.77 billion. In the same…
Comcast Corp. (NASDAQ: CMCSA) reported third-quarter 2012 results before markets opened this morning. The cable operator posted adjusted diluted earnings per share (EPS) of $0.46 on revenues of $16.5 billion. In the same period…
ClearwireClearwire Corp. (NASDAQ: CLWR) reported third quarter 2012 results after markets closed today. For the quarter, the wireless carrier posted a diluted earnings per share (EPS) loss of $0.22 on revenues of $313.9 million.…
The three major U.S. stock indexes opened higher this morning following the report on new jobless claims, which rose by 369,000, less than the expected 375,000 (our coverage here). In Europe, GDP in the…
Two of the world’s four largest publishing houses, Random House — owned by Germany’s Bertelsmann AG — and Penguin — owned by the U.K.’s Pearson plc (NYSE: PSO) — have been holding merger talks…
Virtually every publicly traded homebuilder stock has posted a new 52-week high in the last month and many now trade above their consensus target prices even though they have come off those highs somewhat.…
Just as WTI crude trades at a discount to Brent crude, so too does crude for Canada’s oil sands (called Western Canada Select) trade at discount to WTI. The WTI-Brent spread is about $22…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks rose by a total of 67 billion cubic feet, matching the build that analysts were expecting. Natural gas futures prices were…
In 2011, new car and light truck sales in the United States came in at about 13 million units sold. According to TrueCar.com, forecast sales for October put new light vehicle sales at a…
The National Association of Realtors (NAR) this morning released its data on pending home sales in September. The index rose from 99.2 t0 99.5, and is 14.5% higher than in September 2011 when the…
We have tracked the key short interest changes in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI), BP PLC (NYSE: BP), Chesapeake Energy Corp. (NYSE: CHK); Chevron Corp. (NYSE: CVX), ConocoPhillips…
Altria Group Inc. (NYSE: MO) reported third-quarter 2012 results before markets opened this morning. The maker of tobacco products posted adjusted diluted earnings per share (EPS) of $0.58 on revenues (net of excise taxes)…
The European financial crisis has just claimed another 5,700 victims. That’s how many workers Ford Motor Co. (NYSE: F) will fire at two plants in the United Kingdom and one plant in Belgium as…
United Continental Holdings Inc. (NYSE: UAL) reported third-quarter 2012 results before markets opened this morning. The airline posted adjusted diluted earnings per share (EPS) of $1.35 on revenues of $9.9 billion. In the same…