Wikimedia CommonsLondon-traded Ryanair Holdings, a low-cost European airline, has ordered 175 new Next Generation 737-800 aircraft from Boeing Co. (NYSE: BA). At current list prices, the order is worth $15.6 billion to Boeing. The…
ThinkstockThe government of Cyprus has drafted another plan to submit to the country’s parliament today that will exempt small savings account holders from the proposed raid on all deposits in the country’s banks. Under…
thinkstockHere are today’s five biggest gaining stocks at closing: Chyron Corp. (NASDAQ: CHYR) is up 25.7% at $1.32. Atossa Genetics Inc. (NASDAQ: ATOS) is up 23.2% at $9.12. Nymox Pharmaceutical Corp. (NASDAQ: NYMX) is…
U.S. equity markets opened lower this morning following a weekend of confusion over the proposed solution to the banking problem in Cyprus. It’s not that Cyprus claims a particularly large banking system, but the…
thinkstockWe’ve been following for some time now the jockeying for position that has been going on in the entertainment industry. The past weekend brought a new offer from Verizon Communications Inc. (NYSE: VZ), another…
ThinkstockU.S. drivers are using less gasoline than they were five years ago, due primarily to improved mileage ratings on new cars and fewer miles driven. Contributing to the lower demand for gasoline is an…
Ed Brown, via Wikimedia CommonsThe U.S. Bureau of Labor Statistics (BLS) today released its data on state and regional unemployment for January. Compared with December data, unemployment rates rose in 25 states and the…
thinkstockChina’s one-time leader in the production of solar panels has officially been notified by its trustee that the company is in default on a $541 million bond payment and that payment has been accelerated.…
Courtesy Research in Motion Ltd.In an exclusive interview with The Australian Financial Review, BlackBerry (NASDAQ: BBRY) CEO Thorsten Heins took a swipe at Apple Inc. (NASDAQ: AAPL) and the venerable iOS operating system. Heins…
ThinkstockThe National Association of Home Builders (NAHB)/Wells Fargo housing market index fell by two points in March to 44. The January reading of 47 was the highest for the index since April 2006. An…
courtesy Boeing Co.Just when it seemed that Boeing Co. (NYSE: BA) had reached an agreement on how to fix the battery problems with its 787 Dreamliner and get off the front pages for a…
ThinkstockThe unit of Safeway Inc. (NYSE: SWY) that issues gift cards and other prepaid and reloadable cards this morning filed a Form S-1 with the U.S. Security and Exchange Commission (SEC) to raise up…
thinkstockAs expected, Suntech Power Holdings Co. Ltd. (NYSE: STP) failed to make a required $541 million bond repayment scheduled for last Friday. The company claimed last week to have reached forbearance agreements with about…
thinkstockHere are today’s five biggest gaining stocks at closing: Progenics Pharmaceuticals Inc. (NASDAQ: PGNX) is up 28.7% at $4.35. China HGS Real Estate Inc. (NASDAQ: HGSH) is up 22.7% at $6.39. Furniture Brands International…
U.S. equity markets opened lower this morning and were never able to shake off the doldrums as stocks traded below the break-even line all day. There was little data out in either Asia or…
ThinkstockThe U.S. Securities and Exchange Commission (SEC) said today that the CR Intrinsic unit of hedge fund SAC Capital has agreed to pay $600 million to settle insider trading charges brought by the SEC…
ThinkstockStandard & Poor’s Ratings Services today revised upward its outlook on the city of Detroit’s general obligation bonds, from ‘negative’ to ‘stable. The ratings upgrade affects the city’s unlimited- and limited-tax general obligation bonds…
ThinkstockFor a while there it looked like satellite TV operator DirecTV (NASDAQ: DTV) might end up writing a rather large check to Vivendi to pay for the French media company’s Brazilian unit, GVT. But…
ThinkstockThe U.S. Environmental Protection Agency (EPA) released its annual report on U.S. automobiles’ fuel economy today, and the preliminary projections for model year 2012 cars is the highest ever — 23.8 miles per gallon.…
Brian Solis, via Wikimedia CommonsInternet jobs site Glassdoor has released its list of the top 50 U.S. CEOs, based on employee feedback, for the past 12 months through February 27. The company asked the…