courtesy of Morgan StanleyMorgan Stanley (NYSE: MS) reported first-quarter 2013 results before markets opened this morning. The bank reported adjusted diluted quarterly earnings per share (EPS) of $0.50 on revenues of $8.2 billion. In…
courtesy of philip morris internationalPhilip Morris International Inc. (NYSE: PM) reported first-quarter results before markets opened this morning. The tobacco products firm posted adjusted diluted earnings per share (EPS) of $1.29 on revenue of…
thinkstockHere are today’s five biggest gaining stocks at closing: Acura Pharmaceuticals Inc. (NASDAQ: ACUR) is up 34% at $2.88. Fairway Group Holdings Corp. (NASDAQ: FWM) is up 33.5% at $17.35. Today was the stock’s…
courtesy of ebayeBay Inc. (NASDAQ: EBAY) reported first quarter results after markets closed today. The online auction company reported adjusted diluted earnings per share (EPS) of $0.63 on revenues of $3.75 billion. In the…
ThinkstockBoth Kinder Morgan Energy Partners L.P. (NYSE: KMP) and Kinder Morgan Inc. (NYSE: KMI) reported first quarter results after markets closed today. KMP will pay a distribution of $1.30 per common unit, nearly double…
Courtesy of American ExpressAmerican Express Co. (NYSE: AXP) today reported first quarter results after markets closed today. The financial services company reported diluted earnings per share (EPS) of $1.15 on revenues of $7.88 billion.…
U.S. equity markets opened lower this morning following a downturn in Europe and mixed markets in Asia. Data releases were limited everywhere today as well. In Asia, a weaker yen boosted the Nikkei, but…
Thinkstock After CSX Corp. (NYSE: CSX) reported its first quarter results last night, investors began selling the railroad company’s stock and shares are down about 3% this morning. The company is the first of…
ThinkstockNew York City-based grocery store chain Fairway Group Holdings Corp. (NASDAQ: FWM) held its initial public offering today, with shares going out at $13, above the expected range of $10 to $12 a share.…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories decreased by 1.2 million barrels last week, bringing the total U.S. commercial crude inventory to 387.6…
Courtesy J.C. Penney Co. Inc.; photo by Chris RupertA judge of the New York state appeals court has issued a temporary order that prevents J.C. Penney Co. Inc. (NYSE: JCP) from selling certain home…
ThinkstockDutch-based bank insurance giant ING Groep N.V. (NYSE: ING) has filed an amended Form S-1 with the U.S. Securities and Exchange Commission for an initial public offering (IPO) of 64.2 million shares in an…
ThinkstockAbbott Laboratories (NYSE: ABT) reported first-quarter 2013 results before markets opened this morning. The drugmaker reported adjusted diluted earnings per share (EPS) of $0.42 on revenues of $5.38 billion. In the same period last…
ThinkstockSwiss-based commodities trading house and mining company Glencore International announced last night that it has received approval from China’s Ministry of Commerce for its merger with Xstrata. The Chinese government did, however, insist on…
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting an increase of 4.8% in the group’s seasonally adjusted composite index, following a rise of 4.5% for the previous…
thinkstockHere are today’s five biggest gaining stocks at closing: Mattersight Corp. (NASDAQ: MATR) is up 29.4% at $2.33. Comstock Holding Companies Inc. (NASDAQ: CHCI) is up 19% at $2.75. Syntroleum Corp. (NASDAQ: SYNM) is…
via Wikimedia CommonsYahoo! Inc. (NASDAQ: YHOO) reported first-quarter fiscal 2013 results after markets closed today. For the quarter, the internet portal posted adjusted diluted earnings per share (EPS) of $0.38 on revenues of $1.14…
U.S. equity markets opened higher this morning, getting off to a good start in an effort to recover some of the ground lost yesterday. A jump in U.S. new home construction to a 5-year…
ThinkstockAfter an upturn in mid-March, Americans’ confidence in the U.S. economy fell back slightly last week, posting a reading of -17 compared with prior week reading of -13, according to the latest data from…
ThinkstockIn the latest version of its World Economic Outlook, the International Monetary Fund (IMF) forecasts global economic growth of 3.3% in 2013, rising to 4% in 2014. Economic growth in 2012 came in at…