Construction and engineering firm Fluor Corp. (NYSE:FLR) has revealed that the company will take a charge of about $163 million, or -$0.90/share, against its third quarter results due to projected cost increases…
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Apollo Group Inc. (NASDAQ: APOL), Ambac Financial Group, Inc.…
Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Douglas A. McIntyre GE showed the world that it has been unable to transform itself from an unwieldy conglomerate to a company that is worth more than the sum of its parts. The firm says…
Douglas A. McIntyre Reuters: Obama must decide whether China will be designated a “currency manipulator” before the midterm election. Reuters: Google (NASDAQ: GOOG) shares were up after earnings. Reuters: GM’s IPO should be in mid-November.…
An expected 27,000 attendees are spending a few days in Los Angeles at the Solar Power International 2010 conference and exhibit. There are about 1,100 exhibitors, with a few unusual suspects sprinkled…
Conglomerates have enjoyed solid performance in 2010 and General Electric Co. (NYSE: GE) is set to report earnings on Friday morning. A market concern and a sector concern so far is that…
These are some of this Wednesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Alcatel-Lucent (NYSE: ALU) Raised to Buy at Jefferies. Allstate Corporation (NYSE: ALL) Started as…
General Electric Co. (NYSE: GE) is expanding its advanced solar products and services portfolio. The new solar thin film panel, system and inverter products are said to “enhance GE’s ability to provide…
Short sellers aggressively sold off shares of companies which have lost value over the last month, perhaps on the chance that a rising market will life all ships. For the period ending…
Earnings season is about to kick off this week with three DJIA components and a slew of other influential sector-moving companies. The key reports we are watching first are CSX Corp. (NYSE:…
CNOOC, the large Chinese energy company, will buy assets of US firm Chesapeake Energy Corp (NYSE: CHK) for $1.1 billion. Chesapeake holds large reserves of shale oil deposits and those have proven…
Next week we have three key DJIA components reporting earnings, and many other market-moving and sector-moving companies are on deck as well. The DJIA components on deck with earnings will be Intel…
When I interviewed General Electric Co. (NYSE: GE) CEO Jeff Immelt at the company’s annual meeting in Houston earlier this year, there were two key things that stood out on top of…
As wind farms get built closer to where people live, the downsides to the massive installations get a lot more attention. Well, at least from nearby residents, who discover that the giant…
Jon C. Ogg 