ThinkstockAfter a couple of quiet weeks, the initial public offering (IPO) engine has gotten cranked up again. Eight new offerings are on this week’s schedule, including two that are aiming at a target raise…
Commercial Aircraft Corp. of China (Comac)Chinese airlines are expected to purchase about 5,000 new planes in the next 20 years, and the country wants to keep some of the estimated $560 billion at home.…
thinkstockJune 6, 2014: Markets opened higher on Friday following another encouraging report on non-farm payrolls. The DJIA and the S&P 500 set all-time highs earlier today, and all three major indexes closed the week…
Chinese solar panel maker Trina Solar announced Friday morning that it priced a secondary offering of 8.8 million American Depositary Shares (ADSs) at $11 each.
ThinkstockIn what has been an otherwise dead week for initial public offerings (IPOs), three companies priced their shares Thursday night and began trading Friday. Here is a quick look at each firm’s opening day of trading.…
When Tesla Motors lost its ability to sell cars directly to customers in New Jersey, the ban was the result of a decades old state law prohibiting automakers from bypassing dealers and selling directly…
ThinkstockUnited Parcel Service Inc. (NYSE: UPS) on Friday announced that current COO David Abney will replace retiring CEO Scott Davis effective September 1, when Davis retires as CEO and becomes the company’s non-executive chairman.…
Hertz Global Holdings said Friday morning that it will delay filing its quarterly report on Form 10-Q because the company needs to restate its financial results for 2011 and make corrections to its statements…
thinkstockJune 5, 2014: Markets opened higher on Thursday, took a short-lived trip south, and then tacked a nice gain on all three major indexes. New claims for jobless benefits posted their lowest four-week rolling…
ThinkstockSaying that she has begun moving forward on enhancing the U.S. equity market structure, Securities and Exchange Commission (SEC) Chair Mary Jo White told a New York audience on Thursday that she has directed…
ThinkstockOf more than 49.3 million mortgaged properties in the United States at the end of the first quarter of 2014, there are 6.3 million where the mortgage amount is greater than the value of…
GM CEO Mary Barra told an audience of employees Thursday morning that the report on the company's handling of the defective ignition switch found a "pattern of incompetence and neglect" but no cover-up among…
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 119 billion cubic feet for the week ending May 30. That compared with an expected increase of around…
An agreement between Sprint and T-Mobile has been reached, according to a report from Reuters, for a deal valued at $32 billion.
ThinkstockRetailers are announcing May U.S. same-store sales figures Thursday. Research firm Retail Metrics projected an overall gain of 3.4% year-over-year. After the weather-related sales weakness in the first three months of the year, April…
Ciena reported better-than-expected second-quarter fiscal 2014 results before markets opened Thursday morning. Sales in the company's largest division, converged packet optical equipment, rose about 21%.
General Motors Co.German automaker Volkswagen‘s U.S. sales have been awful and heading toward miserable for over a year now. But the story is very different in China, where VW sells more cars than any…
thinkstockJune 4, 2014: Markets opened lower on Wednesday as reported economic data did not live up to expectations. ADP’s may employment total was light, European PMI numbers came in short, and the U.S. trade…
ThinkstockThe average U.S. TV viewer may regularly watch just 17 of the hundreds of channels available, but that average viewer’s consumption of TV is skyrocketing. The main agents of the rapidly rising video viewing…
NRG Yield announced Wednesday morning that it has agreed to acquire the Alta Wind facility from Terra-Gen Power. NRG Yield is majority-owned by NRG Energy.