Ferrellgas Partners L.G. (NYSE: FGP) has reported a net loss of $0.45 per unit on revenue of $341.8 million for the fiscal fourth-quarter 2012. In the same period a year ago, the American propane…
A growing number of analysts believe the stock market cannot match its 5% advance in the third quarter. Among the most obvious reasons are worries that the fiscal cliff will slow or reverse hiring among…
A muting of Apple Inc. (NASDAQ: AAPL) iPhone 5 sales because of trouble with the company’s map software is not built into the stock price. The map technology is so bad that CEO Tim…
The unemployment level in the euro area (EA17) rose to 11.4% in August, which matched July’s number. The jobless figure for the broader EU27 was 10.5%. Both figures demonstrate the extent to which recession…
In July, the U.K. services sector grew 1.1% from June, when the sector fell 1.5%, according to the Office for National Statistics. That was the fastest pace of growth for more than a year.…
Security experts say the recent “denial of service” cyberattacks on big U.S. banks were the largest ever recorded by a wide margin. Since Sept. 19, the banking websites of Bank of America Corp. (NYSE:…
Global currency and stock markets continue to bounce around as the fight over the fate of Spain’s economy continues. Will its budget cuts be enough? Will it press for a huge bailout? The nation’s…
The Paris Auto Show had its usual large number of new model introductions, along with dozens and dozens of displays of cars and light trucks already on sale around the world. Products from Audi, Toyota Motor…
Experts continue to weigh in on what will happen to China’s gross domestic product as the world’s economic expansion slows, or even moves into reverse. The most recent opinion from an important group comes…
Discover Financial Services (NYSE: DFS) reported fiscal third quarter earnings per share (EPS) of $1.21 on revenue of $1.96 billion. In the same period a year ago, the credit card issuer and payments network…
Fitch Ratings has pared back its forecasts for global GDP growth to 2.1%, citing “persistent weakness” in the global recovery. That is down from Fitch’s June view of 2.2%. For 2013, the forecast was…
Auto makers are losing money on every car they produce in Europe, Philippe Varin, chief executive of PSA Peugeot Citroen, told journalists at the Paris auto show today, a situation he called unsustainable. “The…
The German Federal Labor Agency announced an increase in unemployment, which is likely to put a strain on Angela Merkel’s hold on the country and her efforts to use German money to help with bailouts…
The European Union is about to decide whether Microsoft (NASDAQ: MSFT) broke any of the provisions of its 2009 antitrust settlement. If so, there could be years of court challenges, much as their were…
nationsonline.orgThe search for solutions to Spain’s financial trouble continues and becomes more complicated by the moment. It has not been determined whether Spain can cut its own budget before it asks for help as…
The U.K. economy was 0.4% lower in the second quarter, compared to the previous quarter, according to the Office for National Statistics. That was less than the 0.5% decline previously estimated. However, the economy…
Ford Motor Co. (NYSE: F) said Tuesday that it will cut several hundred jobs in the United Kingdom, Germany and elsewhere in Europe due to declining demand in the region. Ford warned that its…
With a couple of exceptions, the short interest in biotech stocks is on the rise again, judging by the short interest changes from September 14 settlement date versus the August 31 settlement date. Short…
Reuters reports that the world largest oil trader — Vitol — continues to buy and sell Iranian oil. This could cripple efforts by Europe and the United States to pressure Iran to slow or stop…
Wells Fargo & Co. (NYSE: WFC) joins J.P. Morgan Chase & Co. (NYSE: JPM) and Bank of America Corp. (NYSE: BAC) as its major consumer customer site apparently was hacked and service completely disrupted.…