Weatherford International announced Monday morning that the company will raise $1 billion in a combination of an underwritten public offerings of ordinary shares and mandatorily exchangeable subordinated notes.
The industry's capacity could accommodate 40 to 50 new projects a year and there are currently just six on the list for this year.
Lennar reported better-than-expected third-quarter fiscal 2015 earnings before markets opened Monday morning.
ThinkstockOf three new initial public offerings (IPOs) on the calendar last week, all three made it out the door and began trading publicly. The week’s proposed fourth new issue was a U.S. listing for…
ThinkstockA study by Michael Bancks and others published in the journal Diabetologia last week reported a greater risk of prediabetes among self-reported marijuana users than among individuals who had never used it. The report…
Volkswagen AGVolkswagen has announced a $500 bonus incentive for current owners of a 2001 or newer VW when they purchase or lease certain models of the company’s cars. The offer does not extend to…
ThinkstockFor the week ended Friday, September 18th, the spot price index for a pound of cannabis dropped by $185 (9%) from $2,133 in the prior week to $1,948. The previous week’s price may have…
ThinkstockThere are literally hundreds of banks and other financial institutions that issue credit cards, and there are cards designed to attract customers who want everything from cash back, to travel points, to low interest…
ThinkstockNew car sales in the U.S. are expected to reach a seasonally adjusted annual rate (SAAR) of 17.2 million in 2015, the highest total since 2000 when 17.4 million new cars were sold in…
ThinkstockIn the week ended September 18th, the number of rigs drilling for oil in the U.S. totaled 644 compared with 652 in the prior week and 1,601 a year ago. Including 198 other rigs…
ThinkstockSeptember 18, 2015: Here are four stocks trading with heavy volume among 121 equities making new 52-week lows today. Host Hotels & Resorts Inc. (NYSE: HST) posted a new 52-week low on Friday. Shares…
thinkstockSeptember 18, 2015: Markets opened lower on Friday as investors reacted to further uncertainty related to an interest rate hike. Fed Chairwoman Janet Yellen left the door open to an increase later this year.…
NRG Energy said Friday morning that it plans to create a new company called Greenco to focus on its green energy business.
Penumbra priced its initial public offering of 4 million shares at $30 per share on Thursday night, and the stock began trading Friday morning at $40.
Demands for a wage of $15 an hour and full-time work will again be the focus of job actions by a worker group organized to push for the changes at Wal-Mart.
The competition for a contract to build the new T-X trainer jet for the U.S. Air Force may be more intense than we thought.
Over the years, Chevy has won 738 NASCAR races to lead second-place manufacturer Ford by 106 total victories.
ThinkstockSeptember 17, 2015: Here are four stocks trading with heavy volume among 38 equities making new 52-week lows today. Terex Corp. (NYSE: TEX) posted a new 52-week low on Thursday. Shares dropped about 8.8%…
thinkstockSeptember 17, 2015: Markets opened slightly lower on Thursday as investors couldn’t decide which way to place their bets on the Fed: would the FOMC raise rates or wouldn’t it? By 2 p.m. ET,…
The latest report from the Identity Theft Resource Center reveals that there has been a total of 563 data breaches recorded through September 15, 2015.