Research firm CoreLogic Inc. (NYSE: CLGX) has released its latest data on foreclosures in the United States for the month of June. The firm reports 60,000 completed foreclosures in June, compared with 80,000 in…
With the company’s annual shareholders’ meeting set for August 15, Forest Laboratories Inc. (NYSE: FRX) continues its proxy fight with activist investor Carl Icahn, who has proposed a slate of four candidates for the…
Valero Energy Corp. (NYSE: VLO) reported second-quarter earnings per share (EPS) of $1.50 on $34.66 billion in revenue this morning. EPS was up sharply from $1.31 in the same period a year ago, and…
ThinkstockWhile the U.S. drought continues to wreak havoc with crops, scarce water also has an impact on the price of U.S. crude oil and natural gas. The operative word in “hydraulic fracturing” is the…
Pfizer Inc. (NYSE: PFE) reported second-quarter adjusted earnings per share (EPS) of $0.62 and $15.06 billion in revenue this morning. Adjusted EPS was up from $0.59 in the same period a year ago, while…
The three major US stock indexes opened higher this morning following European Central Bank president Mario Draghi’s promise to “do whatever it takes to preserve the euro” (our coverage here). What he didn’t say…
Auto industry research firm truecar.com released its sales and incentives forecast for July today, and the company expects the sales forecast to translate to a seasonally adjusted annual rate of new car sales of…
The country’s largest payday lender and pawn shop operator, Cash America International Inc. (NYSE: CSH), reported second quarter earnings this morning that fell short of the consensus estimates. The company also withdrew its application…
Junior gold miner NovaGold Resources Inc. (NYSEMKT: NG) is down about -24% in early afternoon trading following a presentation today during the conference call webcast from Barrick Gold Corp. (NYSE: ABX). Barrick is having…
The estimated 300 million Twitter users are not having many exchanges today. Just six weeks after another outage, users have today begun experiencing another outage where they are unable to read their Twitter streams…
The latest report on the US drought increases slightly the area affected by “moderate” drought conditions or worse, but the footprint has widened to include every state, including Alaska and Hawaii. From the report:…
Over the last three months the best performing wireless carrier stock has been — wait for it — Sprint Nextel Corp. (NYSE: S), up nearly 62%. The second best performing stock in the same…
The U.S. Energy Information Administration (EIA) today reported that U.S. natural gas stocks rose by a total of 26 billion cubic feet, in line with analysts expectations. Natural gas futures prices are about 1%…
The Dow Chemical Co. (NYSE: DOW) traded more than 3% lower following the opening bell, after the company posted disappointing earnings and sales numbers earlier this morning. Dow reported second-quarter adjusted earnings per share…
The National Association of Realtors (NAR) this morning released its data on pending home sales in June. The index fell from a downwardly revised figure of 100.7 in May to 99.3 in June. Compared…
While investors breathlessly await the company’s first earnings report since its IPO, Facebook Inc. (NASDAQ: FB) is believed to be prepping a run at the smartphone market. A report from Bloomberg News cites “people…
National Oilwell Varco Inc. (NYSE: NOV) reported second-quarter adjusted earnings per share (EPS) of $1.46 and $4.7 billion in revenue this morning. Adjusted EPS rose 26% from $1.14 in the same period a year…
Barrick Gold Corp. (NYSE: ABX) reported second-quarter adjusted earnings per share (EPS) of $0.78 on $3.28 billion in revenue this morning. Adjusted EPS were sharply down from $1.12 per share in the same period…
PulteGroup Inc. (NYSE: PHM) reported second-quarter adjusted earnings per share (EPS) of $0.11 and $1.07 billion in revenue this morning. Adjusted EPS were sharply up from a loss of $0.15 in the same period…
Potash Corp. of Saskatchewan Inc. (NYSE: POT) reported second-quarter adjusted EPS of $1.01, which excludes one-time charges of -$0.41, and $2.4 billion in revenue this morning. Adjusted EPS were down from $1.12 per share…