ThinkstockReader’s Digest Bankruptcy Print journalism had a bad few days. The Reader’s Digest filed for Chapter 11 for the second time in three years, with $1.1 billion in assets and $1.2 billion…
courtesy of Facebook Inc.A Chinese military operation may be the source of many of the major hacks on U.S. cyber interests. (Reuters) Burger King Worldwide Inc. (NYSE: BKW) takes its Twitter account…
courtesy of the Walt Disney Co.No company has a better reputation among American consumers than Amazon.com. The online retailer pushed Apple out of the the top slot this year, according to a…
courtesy U.S. State DepartmentU.S. Secretary of State John Kerry waded cautiously into the debate surrounding the planned Keystone XL oil pipeline during last week’s meetings with his Canadian counterpart. Supporters describe the…
ThinkstockWe have tracked the key short interest changes as of January 31 in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI), BP PLC (NYSE: BP), Chesapeake Energy Corp. (NYSE:…
ThinkstockIn the energy sector, 2012 was the year of the refiner. Stock prices appreciated at least 80% for most of them, while the supermajor integrated companies were only able to tally gains…
courtesy of Facebook Inc.Liberty Global Inc. (NASDAQ: LBTYA) will buy U.K. cable firm Virgin Media Inc. (NASDAQ: VMED) for $15.75 billion. (Reuters) Royal Bank of Scotland Group PLC (NYSE: RBS) expects LIBOR penalties in…
U.S. equity markets opened higher this morning and maintained their upward momentum for essentially the whole day. Lacking any really bad news from Asia or Europe, U.S. markets shrugged off a weaker…
courtesy of BP plcBP PLC (NYSE: BP) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the oil and gas supermajor posted diluted earnings per American depositary…
Paul Ausick thinkstockThe United States begins a lawsuit against McGraw Hills Companies Inc.’s (NYSE: MHP) S&P for its role in the mortgage-backed paper debacle. (Reuters) BP PLC’s (NYSE: BP) fourth-quarter profits are strong though…
U.S. equity markets opened lower this morning as concerns about European markets reared up again. The U.K.’s PMI came in lower than expected and consumer confidence was lower, sending equities markets on…
ThinkstockTwo of the world’s largest oil amd gas companies have reported earnings in the past 12 hours or so, and two more will report before markets open tomorrow morning. Royal Dutch Shell…
ThinkstockWe have tracked the key short interest changes as of December 15 in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI), BP PLC (NYSE: BP), Chesapeake Energy Corp. (NYSE:…
Stocks have rallied sharply during January after the last-minute congressional compromise on the fiscal cliff. While the deal was far from perfect, it averted not only a disaster for the U.S. economy,…
The hostage count in an early morning attack on a natural gas field in Algeria could be above 150 according to some reports. The first reports from the field indicated that at…
