ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 7.5 million barrels last week, maintaining a total U.S. commercial crude inventory to 375…
Qatar Airways has confirmed an order for 50 of the Boeing 777-9X aircraft acquired the purchase rights to 50 more of the planes at the Farnborough International Airshow.
Reports that Twenty-First Century Fox made an $85 per share offer to acquire Time Warner sent shares of Time Warner soaring Wednesday morning. We might be on the lookout for more offers like this.
Bank of America reported second-quarter results before markets opened Wednesday morning. The results included $3.9 billion in litigation expenses.
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 3.6% in the group’s seasonally adjusted composite index. That followed a rise of 1.9% for the…
courtesy of Ford Motor Co.After markets closed on Tuesday, Google Inc. (NASDAQ: GOOG) announced that former Ford Motor Co. (NYSE: F) CEO and President Alan Mulally joined the search engine company’s board of directors…
Yahoo! Inc.Yahoo! Inc. (NASDAQ: YHOO) reported fiscal second quarter 2014 results after markets closed Tuesday afternoon. The Internet portal company reported quarterly adjusted diluted earnings per share (EPS) of $0.37 on revenue of $1.04…
thinkstockJuly 15, 2014: Markets opened higher on Tuesday following good earnings reports from two of Wall Street’s biggest banks. Momentum stocks in biotech and social media were called out by Fed chair Janet Yellen…
When it comes to worldwide revenues for digital advertising, there is Google and everybody else. In the latest round of rearranging deck chairs, Microsoft is positioned to take over third place from Yahoo!
Airbus Group NVMalaysia-based low-cost carrier AirAsia signed a memorandum of understanding with Airbus Tuesday for 50 A330-900neo aircraft for AirAsia X, the Malaysian company’s low-cost, long-haul subsidiary. At a current list price of around…
Tuesday morning reports from both J.P. Morgan Chase and Goldman Sachs continued the string of positive earnings reports from Wall Street's biggest banks.
UPDATE: Malaysia-based low-cost carrier AirAsia Bhd signed a memorandum of understanding with Airbus Group NV Tuesday for 50 A330-900neo aircraft for AirAsia X, the Malaysian company’s low-cost, long-haul subsidiary. At a current list price of…
Tuesday morning's announcement of the $27.4 billion acquisition by Reynolds American of follow tobacco products maker Lorillard did not light up investors' spirits.
Goldman Sachs reported better-than-expected second-quarter results before markets opened Tuesday morning, despite a decline in institutional client services revenues.
J.P. Morgan reported lower than a year ago but better than expected second-quarter results before markets opened Tuesday morning.
Airbus Group NVFor those of you keeping score at home, the order tally so far shows Airbus with about $21 billion in new orders after one day’s gamesmanship at the Farnborough International Airshow. Boeing…
ThinkstockCancer treatment developer Exelixis Inc. (NASDAQ: EXEL) is trading very heavy volume today and getting a sharp price boost following a positive result in a phase 3 pivotal trial of a combination of drugs…
ThinkstockMonday’s national average price for a gallon of gas fell to $3.614, down from $3.617 on Sunday and $3.655 a week ago. The 4-cent drop pushed prices to their lowest point since April and…
thinkstockJuly 14, 2014: Markets opened higher on Monday as every sector posted a gain for the day, led by telecoms up by more than 1%. There was no economic news of any note released…
courtesy of The Coca-Cola CompanyJust because people are familiar with a brand doesn’t mean that the brand is well-liked or well-respected. And if a relatively few people like a brand but it is not…