J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) reported fiscal third-quarter results after markets closed today. For the quarter, the trucking and transport company posted diluted earnings per share (EPS) of $0.65 on revenues of…
The three major U.S. stock indexes opened higher this morning on traders initial reaction to a sharp drop in the weekly report on new claims for unemployment (more coverage here). In Asia, South Korea…
courtesy Chesapeake Energy Corp.Natural gas producer Chesapeake Energy Corp. (NYSE: CHK) has listed for sale leases on 28,360 net acres of its Granite Wash play in western Oklahoma. According to the listing, the company…
The U.S. Treasury today auctioned $13 billion in 30-year bonds at a yield of 2.904%, the highest level since May. The bid-to-cover ratio reached 2.49, well below the 2.64 average of the last four…
Over the past year, SandRidge Energy Inc. (NYSE: SD) shares are up more than 12%, and based on today’s price and the consensus target price, the company sits on an implied gain of about…
Canada today said it would extend its review of the $15.1 billion bid by Cnooc Ltd. (NYSE: CEO) for Canada’s Nexen Inc. (NYSE: NXY). The delay was already baked into the timeline for approval…
Activist investor Carl Icahn said in a statement today that he will make a tender offer of $32.50 per share in cash for the outstanding shares of Oshkosh Corp. (NYSE: OSK). Icahn owns about…
The US Energy Information Administration (EIA) released its weekly petroleum status report this morning. US commercial crude inventories increased by 1.7 million barrels last week, bringing the total US commercial crude inventory to 366.4…
The U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks rose by a total of 72 billion cubic feet, somewhat lower than the 80 billion cubic feet that analysts were expecting.…
In a world with a total population of about 7 billion, cell phone subscriptions numbered about 6 billion at the end of 2011, according to a report from the U.N.’s International Telecommunications Union (ITU).…
Safeway Inc. (NYSE: SWY) reported fiscal third-quarter results before markets opened this morning. For the quarter, the grocery store chain posted diluted earnings per share (EPS) of $0.45 on revenues of $10 billion. In…
Winnebago Industries Inc. (NYSE: WGO) reported fiscal fourth quarter and full-year 2012 results before markets opened this morning. For the fourth quarter, the maker of recreational vehicles posted adjusted diluted earnings per share (EPS)…
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…
We tracked the short interest in the following North American Solar companies: Canadian Solar Inc. (NASDAQ: CSIQ), First Solar Inc. (NASDAQ: FSLR), GT Advanced Technologies Inc. (NASDAQ: GTAT), MEMC Electronic Materials Inc. (NYSE: WFR)…
We have tracked the key short interest changes as of September 28 in the following semiconductor leaders: Intel Corp. (NASDAQ: INTC), Advanced Micro Devices Inc. (NYSE: AMD), Micron Technology Inc. (NASDAQ: MU), SanDisk Corp.…
Wal-Mart Stores Inc.To some degree Wal-Mart Stores Inc. (NYSE: WMT) has dominated the news today. At the company’s meeting for investors, executives provided a lot of detail about the company’s plans to introduce smaller…
The three major U.S. stock indexes opened about flat this morning following rather lackluster trading in Asia and Europe. There was little economic data out today, although both France and Italy turned in better-than-expected…
Shares of FedEx Corp. (NYSE: FDX) are up more than 4% today after the company said it plans to raise profit by $1.7 billion in the next three years, some of which will come…
Yahoo.comSince Marissa Meyer became CEO of Yahoo! Inc. (NASDAQ: YHOO) in July, the shuffle among the company’s top level executives has been a steady source of news. In the latest headline today, Yahoo’s chief…
In August BP plc (NYSE: BP) announced that it would sell its Carson, California, refinery to Tesoro Corp. (NYSE: TSO) for $2.5 billion. The sale was part of BP’s effort to shed $38 billion…