The major US stock indexes opened lower this morning following a weak report on non-farm payrolls (our coverage here). The lack of any further data to chew over left the markets with nothing to…
Subscribers to satellite TV service Dish Networks Inc. (NASDAQ: DISH) may no longer be able to enjoy such hit programming as “Mad Men,” “Breaking Bad,” and “The Walking Dead” due to a renewed battle…
Shares of Nokia Corp. (NYSE: NOK) touched a new 52-week low today at $3.12. The struggling handset maker has been hit with a class-action lawsuit charging that the company misled investors regarding the impact…
Ratings agency S&P has lowered its outlook on coal miner Consol Energy Corp. (NYSE: CNX) from ‘positive’ to ‘stable’, while maintaining a ‘BB’ junk rating on the company’s debt. Earlier this week Fitch Ratings…
After markets closed last night, the two leading US solar PV makers, First Solar Inc. (NASDAQ: FSLR) and SunPower Corp. (NASDAQ: SPWR), reported first quarter earnings. Both reported EPS losses, but SunPower’s loss was…
A company best known for its audio technology, Dolby Laboratories Inc. (NYSE: DLB) has signed an agreement with Microsoft Corp. (NASDAQ: MSFT) to incorporate Dolby Digital Plus technology in the Windows 8 operating system…
Business services provider CBIZ, Inc. released its small business employment index this morning. The index tracks hiring trends in companies with fewer than 300 workers. Following this morning’s report that non-farm payrolls grew by…
Citing a report on Japan’s NHK broadcasting system, Reuters reports this morning that DRAM maker Micron Technology Inc. (NASDAQ: MU) has topped the bidding for bankrupt Japanese chipmaker Elpida Memory. The winning bid is…
Cosmetics maker The Estée Lauder Companies Inc. (NYSE: EL) reported results for its third fiscal quarter this morning that met expectations, but shares are getting knocked on lowered fourth quarter guidance. Adjusted EPS came…
US demand for natural gas dropped this winter leading to near-record levels of storage and historically low prices. For natural gas utilities, this was not such good news. For power generators that were able…
At a conference in Singapore, the CEO of the London Metals Exchange (LME), the world hub for metals trading, said that LME is working on a 2-year project to create its own clearing house…
Netflix Inc. (NASDAQ: NFLX) could be about to lose its exclusive right to carry content from the Epix channel, owned by Viacom Inc. (NASDAQ: VIAB). The cable channel’s CEO indicated that such a change…
The major US stock indexes opened mostly flat this morning following a softer-than-expected report from the Institute for Supply Management on non-manufacturing growth (our coverage here). The report on new unemployment benefits claims came…
courtesy Green Mountain Coffee Roasters Inc.Our story last night after Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) reported shares down more than -37% after the company screwed up in just about every possible way.…
Shares of Herbalife Ltd. (NYSE: HLF) are trading at about 9x average daily volume today following some weak answers on the company’s conference call yesterday. The network marketer of nutrition and weight loss products…
The interest rate on a 30-year fixed-rate mortgage fell to an all-time low of 3.84% last week according to Freddie Mac. The previous record low was 3.87% set in February, and the rate one…
International Data Corp. (IDC) this morning released data on first quarter 2012 shipments of media tablets. These include the iPad from Apple Inc. (NASDAQ: AAPL) and tablets that use the Android platform from Google…
Outplacement firm Challenger, Gray & Christmas reported this morning that employers planned 40,559 layoffs in April, up 7.1% from the 37,880 job cuts in March. In April 2011 36,490 job cuts were planned, the…
The US Energy Information Administration today reported the US natural gas stocks rose by a total of 28 billion cubic feet, slightly below the 31 billion cubic feet increase that analysts had expected. Natural…
For those who believe that the price of gold is going to rise, Royal Gold Inc. (NASDAQ: RGLD) may be worth another look. Shares are essentially flat over the past 12 months, but the…