ThinkstockIn an interview with CNBC Monday morning, St. Louis Fed President James Bullard said that “cumulative progress” in addressing the U.S. unemployment rate has been good under the Fed’s quantitative easing (QE) program. He…
ThinkstockAfter several months of trying to find a buyer for its home building business, a subsidiary of Weyerhaeuser Co. (NYSE: WY) has signed a definitive agreement to combine with TRI Pointe Homes Inc. (NYSE:…
ThinkstockCME Group Inc. (NASDAQ: CME) reported third-quarter 2013 results before markets opened Monday morning. For the quarter, the exchange operator posted adjusted diluted earnings per share (EPS) of $0.75 on revenues of $714.6 million.…
Courtesy of BlackBerryIf you are still among the rumored hordes considering a bid for smartphone maker BlackBerry Ltd. (NASDAQ: BBRY), you have until Monday to get your bid in. Or maybe not, depending on…
November 1, 2013: U.S. markets opened higher Friday morning and got a bit more of a bump after PMI data from the Institute for Supply Management came in better than expected following the worst…
ThinkstockThe $75 billion merger between commodities trading house Glencore International and Xstrata for form Glencore Xstrata plc was completed in April of this year. In December of 2012, several Xstrata executives received millions of…
ThinkstockU.S. automakers General Motors Co. (NYSE: GM), Ford Motor Co. (NYSE: F), and Chrysler Group LLC all reported double-digit year-over-year new car sales growth in the U.S. today. The month started off slowly for…
ThinkstockQunar Cayman Islands Ltd. (NASDAQ: QUNR) is the most popular search-based commerce platform for China’s travel industry in the Middle Kingdom. The company held its initial public offering (IPO) on Friday, selling 11.11 million…
ThinkstockAutomakers reported October U.S. sales throughout the day Friday, and we will be following the reports and posting results as they come in. Sales in the first two weeks of the month were soft,…
ThinkstockThin-film solar PV maker First Solar Inc. (NASDAQ: FSLR) positively pounded earnings and revenues estimates when it reported third-quarter results Thursday evening after markets closed. Adjusted earnings per share (EPS) of $2.28 on revenues…
Courtesy The Container Store Group Inc.The Container Store Group Inc. (NYSE: TCS) retails home storage and organization products under the Elfa brand, and the company’s initial public offering (IPO) Friday morning has caused an…
courtesy of Google Inc.The consortium that bought a portfolio of more than 6,000 patents from bankrupt Nortel has filed a patent infringement lawsuit against Google Inc. (NASDAQ: GOOG) and seven other Android phone makers,…
courtesy of Chevron Corp.Chevron Corp. (NYSE: CVX) reported third-quarter 2013 results before markets opened Friday morning. The oil and gas supermajor posted diluted earnings per share (EPS) of $2.57 on revenues of $58.5 billion.…
ThinkstockTaking a page out of the U.S. handbook on how to package loans so that no one can understand them, Chinese officials are considering expanding a pilot program that allows the country’s domestic banks…
courtesy Boeing Co.The Boeing Co. (NYSE: BA) announced on Thursday afternoon that the company would raise production of its 737 family of single aisle planes to 47 new aircraft a month (564 a year)…
ThinkstockFirst Solar Inc. (NASDAQ: FSLR) reported third-quarter 2013 results after the markets closed Thursday afternoon. The solar panel maker posted quarterly adjusted diluted earnings per share (EPS) were $2.28 on revenues of $1.265 billion.…
October 31, 2013: U.S. markets opened lower Thursday morning as Eurozone unemployment rose more than expected and new jobless claims in the U.S. came in slightly better than expected. It appears that investors took…
ThinkstockThe U.S. Department of Agriculture (USDA) released its preliminary report on October farm prices Thursday afternoon. The October all-products price index rose by 1 point (0.5%) to 187 month-over-month, with the crop index down…
courtesy of Apple Inc.Mobile games are by far the most popular apps in both number of downloads and revenue for mobile device makers. Game downloads for the iPhone and iPad from Apple Inc. (NASDAQ:…
ThinkstockA Chinese firm often referred to as the Craigslist of China, 58.com Inc. (NYSE: WUBA) sold 11 million American Depositary Shares (ADS) in its initial public offering Thursday morning at an IPO price of…