Wikimedia CommonsAT&T Inc. (NYSE: T) reported second quarter 2014 results after markets closed Wednesday. The telecom giant reported adjusted diluted quarterly earnings per share (EPS) of $0.62 on revenues of $32.6 billion. In the…
thinkstockJuly 23, 2014: Markets opened mixed on Wednesday as the DJIA lagged on a weakness among some of the heavy-hitter blue chips. Tech stocks pumped up both the S&P 500 and the Nasdaq Composite…
courtesy of General MotorsGeneral Motors Co. (NYSE: GM) announced six recalls totaling 717,950 recent model vehicles Wednesday, just a day before the company is scheduled to announce second quarter 2014 earnings. The company did…
Courtesy Porsche Cars North America Inc.Once a consumer drives a new car off the dealer lot, is the honeymoon just starting or just beginning to end? How gratifying is it for the new owner…
ThinkstockThe state of Michigan’s Economic Development Board announced late Tuesday that its Strategic Fund Board has approved state incentives for nine business expansions and community improvement projects and $6 million in emergency infrastructure funding.…
Both Ford and General Motors are scheduled to report second-quarter earnings before markets open Thursday. And both companies have some, shall we say, issues.
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 4 million barrels last week, maintaining a total U.S. commercial crude inventory to 371.1…
Analysts now expect that AT&T will report earnings per share of $0.63 after markets close Wednesday. That is a penny less than the consensus estimate just two days ago.
courtesy of Chrysler GroupChrysler issued two recall notices on Tuesday, one limited to older model Jeeps and the other for a variety of current model cars and pickups. In the recall of older model…
Boeing reported mixed second-quarter 2014 results before markets opened Wednesday morning. It delivered 181 new commercial aircraft in the quarter, down from 191 deliveries in the first quarter.
PepsiCo reported better-than-expected second-quarter 2014 results before markets opened Thursday morning. Pepsi also said expects to return a total of $8.7 billion to shareholders in 2014.
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning. It noted an increase of 2.4% in the group’s seasonally adjusted composite index, following a decline of 3.6% for the…
Microsoft reported mixed fiscal fourth-quarter results after markets closed Tuesday. The newly acquired Nokia business contributed an operating loss of $692 million, or $0.08 per share.
thinkstockJuly 22, 2014: Markets opened higher on Tuesday as geopolitical tensions appeared to have lessened somewhat and earnings reports were on the strong side. The consumer price index report showed that inflation remains quiescent…
ThinkstockTransocean Partners LLC, a spin-off from Transocean Ltd. (NYSE: RIG), has filed with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) of 17.5 million common units in the new…
By a variety of measurements, Google is the 800-pound gorilla of the Internet. It is by far the largest U.S. search engine and its various websites, including YouTube, attract the largest U.S. audience for…
ThinkstockWhen customers get slow, intermittent or no service at all from their wireless service provider, the initial reaction is that the company has lousy service and there is just nothing to be done about…
ThinkstockThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in June rose 2.6% to 5.04 million from an upwardly revised total of 4.91 million in May.…
JoeInQueens, via Wikimedia CommonsThe next iteration of the iPhone from Apple Inc. (NASDAQ: AAPL) is expected to use an especially hard type of glass cover that has been promoted (not by Apple) as being…
McDonald's reported disappointing second-quarter 2014 results before markets opened Tuesday morning. Global same-store sales in the quarter were "relatively flat."