July 26, 2013: U.S. equity markets opened lower this morning on a day when the only U.S. economic data of note was the revised University of Michigan/Thomson Reuters consumer sentiment index, which…
thinkstockRailroad operator CSX Corp. (NYSE: CSX) reported second-quarter earnings per share (EPS) of $0.52 on revenues of $3.1 billion. The consensus estimate called for EPS of $0.47 on revenues of $3.02 billion.…
ThinkstockSo far in 2013, Chesapeake Energy Corp. (NYSE: CHK) has fired its founder and sold off about $3.6 billion more in oil and natural gas assets as the company tries to get…
ThinkstockGermany’s Siemens A.G. (NYSE: SI) and Finland’s Nokia Corp. (NYSE: NOK) formed a 50-50 network equipment company with the catchy name of Nokia Siemens Networks (NSN) in 2007. Siemens is now looking…
thinkstockStreaming video service Hulu is owned by a consortium that includes Walt Disney Co. (NYSE: DIS), News Corp. (NASDAQ: NWSA) and Comcast Corp. (NASDAQ: CMCSA). This is not the first time that…
ThinkstockAs the world’s largest mining companies look to shed assets as they seek to boost investor returns, the mining sector is drawing interest from private equity firms. Blackstone Group LP (NYSE: BX),…
courtesy of AOL, IncDefense Secretary Chuck Hagel says he has deep concerns about cyberattacks on U.S. interests. (Reuters) Intel Corp. (NASDAQ: INTC) beats out tough competition to get a chip in the…
These are the top analyst downgrades, cautious research notes and stocks to sell from Wall Street for Thursday, May 30, 2013. They include Carnival, Hallibruton, KKR, BlackRock and Dean Foods.
courtesy of AOL, IncHewlett-Packard Co. (NYSE: HPQ) raises its financial forecast and shares soar. (Reuters) The European Union may allow Greece more time to reach its budget targets. (Reuters) After a number…
ThinkstockDollar General Corp. (NYSE: DG) is a stock that we have said over and over is “money” for long-term investors. The one thing that has acted as a continued drag is that…
ThinkstockDiscount retailer Dollar General Corp. (NYSE: DG) said this morning that it will sell 30 million shares in a secondary offering and that all the shares on offer are being sold by…
Jon OggArgus Research, an independent equity research firm open since 1934, has issued a series of changes to its model portfolios now, as we are still in the early part of the…
ThinkstockToys“R”Us may no longer be a public company, but that does not mean that it is not an important barometer for toy companies. The company was acquired in a deal in 2005…
ThinkstockPrivate equity took a bit of a bruising on its image during the presidential election in 2012. This sector of the financial services market was basically portrayed as the modern-day robber barons with…
ThinkstockDiamond company Harry Winston Diamond Corp. (NYSE: HWD) has agreed to purchase the Ekati diamond mine from the Canadian subsidiary of BHP Billiton PLC (NYSE: BHP) for $500 million. BHP owns 80%…
