Courtesy Chrysler Group LLCIn a filing that Chrysler Group’s majority owner wanted to delay forever, the U.S. carmaker has submitted its Form S-1 to the U.S. Securities and Exchange Commission to raise $100 million…
ThinkstockSemiconductor equipment maker Applied Materials Inc. (NASDAQ: AMAT) announced before markets opened on Tuesday that the company’s board has agreed to a merger with Tokyo-traded Tokyo Electron Ltd., another maker of semiconductor manufacturing equipment.…
September 23, 2013: U.S. markets opened mixed on Monday continuing last Friday’s slide following a Thursday charge after the FOMC announcement that the Fed would not begin tapering its asset purchases just yet. Good…
Courtesy General Motors Co.Saying that the company “has been on a steadily improving operational and financial trajectory since it emerged from bankruptcy,” Moody’s Investors Service on Monday lifted its rating on General Motors Co.…
ThinkstockThe worst terrorist violence in 15 years exploded in Kenya last weekend when a Somalian militant group known as al-Shabaab attacked a shopping mall in the Kenyan capital of Nairobi. More than 60 people…
Frank Golhen, via Wikimedia CommonsMonday is the first day of trading for the new lineup on the Dow Jones Industrial Average (DJIA) index. The new team is off to a bit of a sluggish…
courtesy J.C. Penney Co. Inc.So far this year, J.C. Penney Co. Inc. (NYSE: JCP) has borrowed about $3 billion to buy its way out of the hole it dug for itself under former CEO…
courtesy of Apple Inc.Apple Inc. (NASDAQ: AAPL) said Monday morning that it had sold 9 million new iPhone 5S and 5C units in the first three days that the devices were available. The new…
ThinkstockMajor U.S. retailers are announcing their hiring plans for the coming holiday shopping season, and the first two announcements have come in below last year’s totals. Kohl’s Corp. (NYSE: KSS) said last Thursday that…
Courtesy Tesco plcLondon-listed grocery store chain Tesco announced Monday morning that the store is launching its own branded seven-inch tablet. The device, which will go by the brand name Hudl, is priced at £119…
courtesy Boeing Co.Is this the fourth or the fifth technical problem that Norwegian Air Shuttle ASA has experienced with the two 787 Dreamliners it recently purchased? Hey, who’s counting? Well, Norwegian Air Shuttle is…
September 20, 2013: U.S. markets opened mixed Friday but very near the flat line. That was the high-point for the day for the DJIA and the S&P 500; the Nasdaq Composite actually rose to…
Courtesy of BlackBerryTrading in BlackBerry Ltd. (NASDAQ: BBRY) was halted at about 3:00 p.m. ET on Friday as the smartphone maker slipped in a preliminary report on its fiscal second quarter 2014 report. The…
ThinkstockCybersecurity firm FireEye Inc. (NASDAQ: FEYE) and advertising technology company Rocket Fuel Inc. (NASDAQ: FUEL) both launched initial public offerings Friday morning, and both are posting share price gains of more than 90%. FireEye…
It is not often that a secondary stock offering sends a company’s shares higher, but we are seeing that very phenomenon Friday morning. Chinese solar PV maker JinkoSolar Holding Co. Ltd. (NYSE: JKS) and…
Courtesy Sony Corp.Sony Corp. (NYSE: SNE) launched its next-generation handheld gaming device, the PlayStation Vita, in the United States last November, and to say that it has been a modest success may be a…
ThinkstockThe battered U.S. coal industry took another shot Friday as U.S. Environmental Protection Agency (EPA) chief Gina McCarthy announced proposed stricter clean air regulations in a speech at the National Press Club. Ever since…
ThinkstockIn a little more than two weeks, Alcoa Inc. (NYSE: AA) will report third-quarter results, and there is every reason to believe that those results will not be pretty. The consensus estimates call for…
September 19, 2013: U.S. markets opened higher Thursday under the continuing influence of yesterday’s FOMC announcement. Initial claims for jobless benefits were fouled up again by computer problems, and existing home sales rose to…
ThinkstockShipping rates as measured by the Baltic Dry Index are up about a third since the end of August. The index measures shipping rates for dry bulk cargoes such as grain and iron ore…