Plug Power Sinks on Secondary Offering
Fuel cell product maker Plug Power priced an underwritten secondary stock offering of 22.6 million shares at $5.50 Friday morning. Shares opened at $5.62 Friday, down 6.5% from Thursday's close.
Fuel cell product maker Plug Power priced an underwritten secondary stock offering of 22.6 million shares at $5.50 Friday morning. Shares opened at $5.62 Friday, down 6.5% from Thursday's close.
ThinkstockWith all the funny money printed and quantitative easing measures after the recession, it has been amazing that the cost of goods has not risen through the roof. In fact, it has…
Amazon.com is quietly taking aim at warehouse stores with a new service called Amazon Prime Pantry. Could it be that Amazon has come up with a solution to a nonexistent problem?
ThinkstockThe Congressional Budget Office released a report that claims that an increase in the national minimum wage to $10.10 will cost American businesses $15 billion in 2017. The debate about the cost…
In yet another foray into the banking business, Walmart announced Thursday morning the launch of a money transfer service that allows customers to transfer funds to the more than 4,000 Walmart stores.
In a proxy filing Wednesday, Yahoo! nominated founder David Filo to the company's board of directors. Filo left the board in 1996 but has been an advisor since the hiring of CEO…
A new report from a coalition called Americans for Tax Fairness claims that Walmart, Chairman Rob Walton and the entire Walton family owe the United States some $7.8 billion in taxes for…
These are the top analyst upgrades, downgrades and initiations from Wall Street on Tuesday, April 15, 2014. They include Citigroup, Equinix, IBM, Visa, Yahoo and Walmart.
Quarterly results for Abercrombie & Fitch, Bed Bath & Beyond, Family Dollar Stores and Staples suggest they face increasingly difficult business environments. Here is a look at these four retailers.
ThinkstockYet one more state is about to raise the minimum wage. At the current rate at which states are taking this action, the move by some members of Congress to push the…
Walmart announced that it would sell groceries from organic food firm Wild Oats that are 25% or more below the supplier's previous levels. Wild Oats claims to be one of the organic…
courtesy of WhiteHouse.govNow that stocks have pulled back from their highs, some investors have moved on to more defensive stock positions. That move often lands some of the top dividend payers as…
Walmart tried for at least the past two years to persuade the government of India to allow more foreign direct investment in the country so that the giant retailer could bring its…
courtesy of Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT) has started to offer a series of large discounts on consumer electronics. The move gives it a chance to steal market share from Amazon.com…
ThinkstockTyson Foods Inc. (NYSE: TSN) has recalled more than 75,000 pounds of chicken nuggets after some customers complained of finding bits of plastic in their food. The recall includes 5-pound bags of…