ThinkstockTwo companies in the digital imaging business reported results on Wednesday, and they could not have been more different. The venerable (and bankrupt) Eastman Kodak continued to post losses, while Shutterstock Inc. (NYSE: SSTK)…
ThinkstockThe delinquency rate for mortgage loans at the end of the second quarter of 2013 fell to a seasonally adjusted rate of 6.96%. That is 29 basis points lower than the delinquency rate of…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 96 billion cubic feet last week, compared with an expected build of between 74 billion and 78 billion cubic…
courtesy J.C. Penney Co. Inc.Shares of J.C. Penney Co. Inc. (NYSE: JCP) closed at $12.80 last night, after setting a new 52-week low of $12.50 during the day. Its shares have not traded at…
Wikimedia CommonsFast-food giant McDonald’s Corp. (NYSE: MCD) today reported same-store sales growth of 0.7% in July, compared to sales in July of last year. Systemwide sales rose 1.6%, and 3.3% on a constant currency…
ThinkstockConocoPhillips (NYSE: COP) plans to shed about $13.5 billion in what the company calls non-strategic assets during 2013. It got $750 million closer today. Conoco has sold all of its lease interests in 226,000…
ThinkstockRetailers are announcing July same-store sales figures today. Research firm Retail Metrics projects an overall gain of 4.1% year-over-year, compared with a 4.3% gain in June and a 3.8% gain in May. Retail sales…
ThinkstockCanadian Solar Inc. (NASDAQ: CSIQ) reported second-quarter 2013 results before markets opened this morning. The Chinese solar panel maker posted a diluted earnings per share (EPS) loss of $0.29 on revenue of $380.38 million.…
ThinkstockStratasys Ltd. (NASDAQ: SSYS) reported second-quarter 2013 results before markets opened this morning. The 3D printer maker reported adjusted diluted earnings per share (EPS) of $0.45 and $106.7 million in revenues. In the same…
ThinkstockSolarCity Corp. (NASDAQ: SCTY) reported second quarter 2013 earnings after markets closed today. For the quarter, the solar PV installer posted an adjusted earnings per share (EPS) loss of $0.43 on revenues of $46.57…
Courtesy of Tesla MotorsTesla Motors Inc. (NASDAQ: TSLA) reported second quarter 2013 earnings after markets closed today. For the quarter, the electric car maker posted adjusted diluted earnings per share (EPS) of $0.20 on…
August 7, 2013: U.S. equity markets opened lower this morning after more comments by Fed officials point toward a winding down of the central bank’s stimulus sooner rather than later. In Europe, the Bank…
courtesy of Apple Inc.For the three months ending in June 2013, Samsung Electronics closed the market share gap slightly between itself and Apple Inc. (NASDAQ: AAPL) in the U.S. market. Compared with market share…
courtesy of McDonald'sLast week, workers at McDonald’s Corp. (NYSE: MCD) stores walked out, demanding that the company raise workers’ wages to $15 an hour. We suggested that the demand has little chance of being…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories decreased by 1.3 million barrels last week, maintaining a total U.S. commercial crude inventory to 363.3…
Courtesy of Tesla MotorsAfter markets close today, two Elon Musk companies, Tesla Motors Inc. (NASDAQ: TSLA) and SolarCity Corp. (NASDAQ: SCTY) are scheduled to report earnings. Both companies have seen impressive stock price appreciation…
ThinkstockFor the second time in as many weeks, key commodities companies have been slapped with lawsuits alleging that the two banks boosted aluminum prices by manipulating warehouse stockpiles. Today’s lawsuit in Florida names Glencore…
Last month when Nokia agreed to acquire the other half of its joint venture, Nokia Siemens Networks, from Siemens for $2.2 billion, we wondered what in the world the Finnish mobile phone maker could…
courtesy of AOL, IncAOL Inc. (NYSE: AOL) reported second-quarter 2013 results before markets opened this morning. The online media and brand company posted diluted earnings per share (EPS) of $0.35 on revenues of $541.3…
ThinkstockSandRidge Energy Inc. (NYSE: SD) reported second-quarter 2013 results before markets opened this morning. The independent oil and gas company posted adjusted diluted earnings per share (EPS) of $0.08 on revenues of $512.99 million.…