thinkstockFebruary 21, 2014: Markets opened higher on Friday, but by the end of the day the major indexes failed to stay above the break-even line. Today’s report on existing home sales was weaker than…
Wikimedia CommonsOnline retailer Amazon.com Inc. (NASDAQ: AMZN) has merged its Amazon Prime and Lovefilm instant video services in the U.K and Germany and prices will go up beginning next week. Amazon’s CFO said on…
ThinkstockNatural gas prices climbed above $6 per million BTUs on Wednesday for the first time in 5 years. The price peaked at around $6.30 in intraday trading on Thursday but has fallen below $6…
Shares of American Apparel fell to an all-time low of $0.55 Friday, after a report on Thursday that the company had hired a law firm to help it figure out its restructuring options.
ThinkstockWhile the weather in much of the country has been weighing down new car sales since the beginning of the year, analysts at J.D. Power and LMC Automotive expect the spell to break in…
ThinkstockThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in January fell 5.1% to 4.62 million from a total of 4.87 million in December. Sales are…
Vodafone closes the sale of its 45% stake in Verizon Wireless to Verizon Communications Friday and pockets $130 billion. The company will distribute $82.5 billion of that to its shareholders beginning next week.
Despite the bad press it has received over the suits it provided to the U.S. Olympic speed skating team, Under Armour on Friday confirmed that it has renewed its partnership with US Speedskating through…
The Australian Air Force will buy eight P-8A Poseidon spy planes from Boeing for $3.6 billion. The U.S. Navy already plans to purchase 117 of the planes, and Boeing is selling 12 similar planes…
courtesy of Hewlett-PackardHewlett-Packard Co. (NYSE: HPQ) reported fiscal first-quarter results after markets closed Thursday evening. For the quarter the hardware maker reported adjusted diluted earnings per share (EPS) of $0.90 and $28.2 billion in…
thinkstockFebruary 20, 2014: Markets opened higher on Thursday although techs got off to a slow start. Inventory data on oil and natural gas sent futures prices for both down slightly on the day. The…
According to the U.S. Energy Information Administration, U.S. commercial crude inventories increased by 1 million barrels last week, maintaining a total U.S. commercial crude inventory to 362.3 million barrels.
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 250 billion cubic feet for the week ending February 14. That compared with an expected drop of 248…
If a service like WhatsApp, which posted revenues of a whopping $20 million last year, is worth $19 billion to Facebook, BlackBerry has to be worth, well, more than that to someone. Right?
ThinkstockA Nebraska judge issued a ruling on Wednesday that could delay further a U.S. decision on whether to build the Keystone XL pipeline proposed more than five years ago by TransCanada Corp. (NYSE: TRP).…
Walmart reported fourth-quarter and full fiscal year 2014 results before markets opened Thursday morning, and it said it plans to open an additional 270 to 300 small-format stores. Shares fell in premarket trading.
Wikimedia CommonsGoogle Inc. (NASDAQ: GOOG) has invited nine additional metropolitan areas — and a total of 34 cities — from around the country to explore “what it would take to bring them Google Fiber,”…
thinkstockFebruary 19, 2014: Markets opened lower on Wednesday and after spending some time above the break-even line, all three major indexes sank following the release of the FOMC minutes. The energy sector posted a…
courtesy of Wal-Mart Stores Inc.Mega-retailer Wal-Mart Stores Inc. (NYSE: WMT) and upscale chain Nordstrom Inc. (NYSE: JWN) report fourth-quarter and full-year earnings Thursday, with the Walmart posting results before the bell and Nordstrom after…
courtesy of 3D Systems Inc.3D Systems Corp. (NYSE: DDD) announced on Wednesday that it has acquired privately held Digital PlaySpace for an undisclosed sum. This is the 3D printer maker’s fifth acquisition since December…