ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 6.4% in the group’s seasonally adjusted composite index, following a drop of 0.6% for the previous…
Electronic Arts Inc.Electronic Arts Inc. (NASDAQ: EA) reported a second fiscal quarter 2014 results after markets closed on Tuesday. The games company posted adjusted diluted EPS of $0.33 and $1.04 billion in non-GAAP revenue.…
October 29, 2013: U.S. markets opened higher Tuesday morning following the report on PPI which showed inflation remaining very low and indicating that the FOMC meeting which began today will conclude with asset purchases remaining…
courtesy of SamsungDuring the third calendar quarter this year 11% of mobile phone subscribers decided to replace or upgrade their phones. Of that number, nearly 80% chose a smartphone. According to research from Nielsen,…
ThinkstockOil industry data and publishing firm Platts announced on Tuesday its annual list of the top 250 global energy companies. This marks the twelfth year that Platts has compiled its listing. The top company…
courtesy Phillips 66Oil refiner Valero Energy Corp. (NYSE: VLO) reported third quarter 2013 earnings before markets opened Tuesday morning. The results were no better than good enough, but the company is looking forward to…
Jim Henderson, via Wikimedia CommonsIn a quarterly update press release Tuesday morning, Sears Holdings Corp. (NASDAQ: SHLD) reviewed actions it has taken or is contemplating in an effort to “improve our financial flexibility and…
ThinkstockOn the afternoon of October 24, short-seller Muddy Waters said it was starting coverage of Chinese mobile Internet services firm NQ Mobile Inc. (NYSE: NQ) with a Sell rating and a price target of…
ThinkstockThe S&P/Case-Shiller home price index for August posted another month of solid gains. The 20-city composite rose 12.8% year-over-year, above the consensus estimate for a rise of 12.4% for the month. The 10-city index…
Courtesy of 3D Systems Inc.3D Systems Corp. (NYSE: DDD) reported third-quarter 2013 results before markets opened Tuesday morning. The 3D printer maker posted adjusted diluted earnings per share (EPS) of $0.26 and $135.7 million…
ThinkstockArch Coal Inc. (NYSE: ACI) reported third-quarter 2013 results before markets opened Tuesday morning. The coal miner posted an adjusted diluted earnings per share (EPS) loss of $0.01 on revenues of $791.3 million. In…
Wikimedia CommonsPfizer Inc. (NYSE: PFE) reported third-quarter 2013 results before markets opened Tuesday morning. The drug maker posted adjusted diluted earnings per share (EPS) of $0.58 and revenues of $12.64 billion. In the same…
ThinkstockDaniel Dienst, the newly appointed CEO of Martha Stewart Living Omnimedia Inc. (NYSE: MSO), has a reputation as a smart, no-nonsense guy with a lot of turnaround experience. He really will need at least…
courtesy of SamsungGlobal shipments of smartphones grew 45% year-over-year in the third quarter of 2013 to a record 251 million units. The quarter also marks the first time total shipments topped a quarter billion.…
October 28, 2013: U.S. markets opened slightly lower Monday morning and indexes wobbled around for a bit before settling. The DJIA and S&P 500 have managed to remain moderately higher, but the Nasdaq composite…
courtesy of Toyota Motor Corp.With U.S. drivers keeping their cars for a longer time, high reliability is a prime asset. And reliability has long been a major selling point for Japanese companies Toyota Motor…
Courtesy Facebook Inc.When Facebook Inc. (NASDAQ: FB) reports third-quarter earnings on Wednesday it is expected to post earnings per share (EPS) of $0.19 on revenues of $1.91 billion. The EPS estimate is equal to…
ThinkstockCONSOL Energy Inc. (NYSE: CNX) announced Monday morning the sale its Consolidation Coal Company (CCC) subsidiary to a subsidiary of privately held Murray Energy Corp. for $3.5 billion. In addition to the five West…
ThinkstockBurger King Worldwide Inc. (NYSE: BKW) reported third-quarter 2013 results before markets opened Monday morning. The fast-food operator posted adjusted diluted earnings per share (EPS) of $0.23 on revenues of $275.1 million. In the…
ThinkstockMore than two years ago the Russian government announced that it would sell 20% to 25% of its state-owned diamond mining company, Alrosa, in an initial public offering (IPO). Originally the offering would have…