ThinkstockIn a late burst of initial public offerings (IPOs) this year, there are no less than nine companies expected to begin trading this week. Not all are likely to make the cut, but there…
ThinkstockThe Supreme Court of British Columbia issued a ruling late on Monday on a challenge by Pacific Booker Minerals Inc. (NYSEMKT: PBM) to an earlier ruling by the provincial government that denied the mining…
courtesy of StarbucksShares of Starbucks Corp. (NASDAQ: SBUX) were down nearly 3% in the first hour of trading Tuesday morning, and there is really no big news to explain the slide. One possible explanation…
courtesy of General MotorsAs of Monday night, U.S. taxpayers are no longer shareholders in General Motors Corp. (NYSE: GM). So the company’s decision to announce Tuesday morning that Mary Barra will become the new…
ThinkstockHow long can a company survive selling high-priced (some might say overpriced) yoga clothing for women? We are about to find out as yoga apparel maker Lululemon Athletica Inc. (NASDAQ: LULU) is getting a…
Thinkstock Can the U.S. coal mining industry in be saved? The forces arrayed against coal are formidable: environmental groups hate the stuff, the U.S. Environmental Protection Agency (EPA) has proposed rules that effectively eliminate the…
thinkstockDecember 9, 2013: Markets opened higher again Monday morning mostly because traders couldn’t get enough of Friday’s action. All three major indexes remained in positive territory all day, but by closing time the gains…
Courtesy of BlackBerryFailing smartphone maker BlackBerry Ltd. (NASDAQ: BBRY) has been keeping a low profile since the firm hired turnaround artist John Chen to run the company early in November. Shares of the company’s…
ThinkstockIn a new report released Monday, the Center for Automotive Research (CAR) reckons that the federal government bailout of General Motors Co. (NYSE: GM) saved 1.2 million U.S. jobs and preserved $34.9 billion in…
courtesy of American AirlinesThe closing of the merger between American Airlines and U.S. Airways closed Monday morning and a new company, American Airlines Group Inc. (NASDAQ: AAL) has emerged and begun trading. This is…
ThinkstockIn the month of October, 48,000 U.S. home foreclosures were completed, down 25.6% from a revised total of about 60,000 in September and down 30% from 68,000 in October 2012, according to research firm…
Wikimedia CommonsMcDonald’s Corp. (NYSE: MCD) is in a funk. Same-store sales rose just 0.5% year over year in November, and the company’s overall strategy is not doing much to turn the ship around. Same-store…
ThinkstockThe yellow metal has lost about 30% of its value over the past year, from a high of nearly $1,700 an ounce to right around $1,200 an ounce. The companies that mine gold have…
Petroleos MexicanosMexico nationalized its oil reserves in 1938, and since then the only company allowed to produce the country’s vast reserves has been Petróleos Mexicanos, or Pemex. But declining production and a lack of…
ThinkstockThe Organization of Petroleum Exporting Companies (OPEC) has lost its mojo. Actually, it’s been disappearing for years and most people are just beginning to notice. The cartel has not controlled crude oil prices for…
ThinkstockShares of Barnes & Noble Inc. (NYSE: BKS) tumbled nearly 12% on Friday following the announcement that the U.S. Securities and Exchange Commission (SEC) was launching an investigation into the company’s accounting practices. The…
thinkstockDecember 6, 2013: Markets opened higher Friday morning after a buoyant report on U.S. jobs and employment. All three major indexes held onto the early gains, as the Nasdaq Composite was up 0.73% at…
ThinkstockCanada-based fuel cell developer Ballard Power Systems Inc. (NASDAQ: BLDP) is getting a jolt on Friday after yesterday’s announcement that it had signed a non-bind agreement to develop zero-emissions, fuel cell vehicles with Netherlands-based…
ThinkstockOn Tuesday this week, Senator Ed Markey (D-MA) sent a letter to Michael Froman, the U.S. Trade Representative (USTR), urging Froman to resist any attempt to weaken or overturn the existing U.S. law banning…
ThinkstockThe solar PV industry has risen from the almost-dead in 2013, after two years of falling prices, overproduction and government subsidy cuts. The companies that recovered the fastest were those with project pipelines for…