ThinkstockA federal appeals court today denied the appeal from a group of broadcasters including CBS Corp. (NYSE: CBS), The Walt Disney Co. (NYSE: DIS), which owns the ABC television network, News Corp. (NASDAQ: NWS),…
Courtesy Research in Motion Ltd.The latest data from Kantar Worldpanel does not tell us a lot that we didn’t already know. The most popular smartphone platform in the United States for the three months…
ThinkstockThe Institute for Supply Management (ISM) this morning reported that its purchasing managers index (PMI) fell from 54.2 in February to 51.3 in March. The consensus estimate had called for a decline to 54.0.…
ThinkstockThe U.S. Census Bureau reported this morning that construction spending in February rose by 1.2% to an estimated seasonally adjusted annual rate of $885.1 billion from a downwardly revised estimate of $874.8 billion in…
ThinkstockThe U.S. purchasing managers index (PMI) for March was reported at 54.6 this morning by Markit Economics. The consensus estimate called for a reading of 54.0, compared with a February reading of 54.3. The…
ThinkstockA week from Friday, a special meeting of shareholders of MetroPCS Communications Inc. (NYSE: PCS) will vote on a proposed merger with T-Mobile USA, a division of Deutsche Telekom. Metro’s board today sent a…
ThinkstockThe February report for the purchasing managers index (PMI) came in at 54.2, a number that indicates expansion in the economy. Even better, the new orders index posted a reading of 57.8. But these…
courtesy Chesapeake Energy Corp.Aubrey McClendon, co-founder, chairman and CEO of Chesapeake Energy Corp. (NYSE: CHK), is officially the former CEO of the company today. Last Friday the company’s board of directors named long-time Chesapeake…
thinkstockHere are today’s five biggest gaining stocks at closing: Repros Therapeutics Inc. (NASDAQ: RPRX) is up 76.3% at $16.10. LiveDeal Inc. (NASDAQ: LIVE) is up 35.4% at $3.67. Mecox Lane Ltd. (NASDAQ: MCOX) is…
U.S. equity markets opened slightly higher this morning even following a larger than expected rise in new claims for jobless benefits in the U.S. The final revision to fourth quarter 2012 GDP growth came…
ThinkstockThe latest report on U.S. crop plantings for this year have sent corn prices tumbling more than 5% today and ended the day’s trading when prices fell the maximum allowable $0.40 a bushel. U.S.…
courtesy of AppleLarger screens and faster networks are leading to increased usage of mobile devices, especially smartphones, for watching video. That’s one conclusion drawn from a global survey of mobile phone owners conducted recently…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by 95 billion cubic feet last week, slightly less than the decline of 83 billion to 87 billion cubic feet…
ThinkstockChinese for-profit education company Ambow Education Holding Ltd. (NYSE: AMBO) got some bad news earlier this week. A proposed buyout by private equity firm Barings Asia Private Equity Fund V L.P. was withdrawn following…
ThinkstockThe maker of Vlasic Pickles, Celeste Frozen Pizza, Van de Kamp fish sticks and a variety of other frozen and packaged foods, Pinnacle Foods Inc. (NYSE: PF) priced its initial public offering (IPO) at…
ThinkstockIn the month of February, 54,000 U.S. homes were foreclosed, less than a revised total of 58,000 in January and down from 67,000 in February 2012, according to research firm CoreLogic Inc. (NYSE: CLGX).…
Courtesy Research in Motion Ltd.Although earnings surprised on the plus side this morning, BlackBerry (NASDAQ: BBRY) reported lower unit shipments than analysts were looking for, and its subscriber number also fell from last quarter.…
thinkstockThe Mosaic Co. (NYSE: MOS) reported fiscal third-quarter 2013 results before markets opened this morning. The fertilizer maker reported adjusted diluted earnings per share (EPS) of $0.88 on revenues of $2.24 billion. In the…
ThinkstockThe ExOne Co. (NASDAQ: XONE) held its initial public offering (IPO) in early February, and to say it was a success was to put it mildly. Shares went out at $18 and closed above…
thinkstockHere are today’s five biggest gaining stocks at closing: Comstock Holding Companies Inc. (NASDAQ: CHCI) is up 59.8% at $1.87. Redhill Biopharma Ltd. (NASDAQ: RDHL) is up 41.3% at $11.95. Net 1 UEPS Technologies…