U.S. equity markets opened higher this morning despite low flash PMI readings from the eurozone. Germany’s manufacturing PMI reading was especially notable, falling to 47.9 from 49, and the country’s services PMI fell as…
ThinkstockOne of the main arguments in favor of the proposed Keystone XL pipeline is the safety of pipeline transportation when compared with crude transport by rail or truck. The U.S. Pipelines and Hazardous Materials…
ThinkstockFirst Solar Inc. (NASDAQ: FSLR) said today that it has sold its Campo Verde solar energy project to a subsidiary of Southern Company (NYSE: SO) and Turner Renewable Energy. The sale price was not…
thinkstockAs with any earnings season, the results that have come in so far for the first quarter of this year have been mixed. There have been some winners and some losers, and with one…
ThinkstockThe U.S. Census Bureau this morning released data on new single-family home sales for March. Sales rose 1.5% month-over-month, to a seasonally adjusted annual rate of 417,000, from an upwardly revised February sales figure…
ThinkstockThe Federal Housing Finance Agency (FHFA) reported this morning that U.S. home prices rose 0.7% month-over-month in February, following the January housing price index gain of 0.6%. For the 12-month period ending in February…
courtesy of Delta Air LinesDelta Air Lines Inc. (NYSE: DAL) reported first-quarter 2013 results before markets opened this morning. The airline reported adjusted diluted quarterly earnings per share (EPS) of $0.10 on revenues of…
ThinkstockArch Coal Inc. (NYSE: ACI) reported first-quarter 2013 results before markets opened this morning. For the quarter, the coal miner posted an adjusted diluted earnings per share (EPS) loss of $0.34 on revenues of…
Courtesy Lockheed Martin Corp.Lockheed Martin Corp. (NYSE: LMT) reported first-quarter 2013 results before markets opened this morning. For the quarter, the defense firm posted diluted earnings per share (EPS) of $2.33 on revenues of…
ThinkstockRadioShack Corp. (NYSE: RSH) reported first-quarter 2013 results before markets opened this morning. The electronics retailer posted an adjusted net earnings per share (EPS) loss of $0.35 on $849 million in revenue. In the…
ThinkstockTexas Instruments Inc. (NASDAQ: TXN) reported first quarter results after markets closed today. The semiconductor maker reported adjusted diluted earnings per share (EPS) of $0.32 on revenues of $2.89 billion. In the same period…
thinkstockHere are today’s five biggest gaining stocks at closing: Aerosonic Corp. (NYSEMKT: AIM) is up 59.7% at $7.74. Power-One Inc. (NASDAQ: PWER) is up 56.7% at $6.32. ARCA Biopharma Inc. (NASDAQ: ABIO) is up…
U.S. equity markets opened higher this morning, but struggled to stay in positive territory for most of the morning. There was little economic data released today. In Asia, Hong Kong’s consumer price index rose…
courtesy of General Electric Co.A downgrade of General Electric Co. (NYSE: GE) shares today by analysts at J.P. Morgan has pushed the shares down more than 2%. Morgan’s analysts called the stock “dead money…
Our list of the 10 best green cars for 2013 provides a somewhat granular look at the market for hybrid and all-electric cars in the U.S. But a higher level look also indicates that…
The world’s largest mobile carrier, China Mobile Ltd. (NYSE: CHL), reported first-quarter earnings today, posting revenue growth of 5.7% and profit growth of just 0.3%. In its press release, the firm said it encountered…
ThinkstockThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in March declined 0.6% to 4.92 million from a downwardly revised total of 4.95 million in February.…
ThinkstockSwiss-based industrial firm ABB (NYSE: ABB) said today that it has agreed to acquire U.S.-based solar power firm Power-One Inc. (NASDAQ: PWER) for $6.35 a share, or about $1 billion, in cash. The acquisition…
courtesy Wal-Mart Stores Inc.One year ago today, The New York Times published its story on the payment of millions of dollars in bribes paid by Wal-Mart Stores Inc. (NYSE: WMT) to aid the company’s…
ThinkstockCaterpillar Inc. (NYSE: CAT) reported first-quarter 2013 results before markets opened this morning. The heavy equipment maker posted diluted earnings per share (EPS) of $1.31 on revenues of $13.21 billion. In the same period…