Ingersoll-Rand Plc (NYSE: IR) is often overlooked as a key company despite a nearly $13 billion market value. The news is out that Nelson Peltz has taken a 7.1% stake in the company via his Trian Fund…
ThinkstockLast night computer hard drive maker Western Digital Corp. (NYSE: WDC) reported third fiscal quarter revenues and earnings that easily beat pretty low expectations. The company posted revenues of $3.04 billion, up 35% year-over-year,…
Wal-Mart Stores Inc. (NYSE: WMT) is still deep in the soup. Since the news broke over the weekend over bribes in Mexico involving its current and former top-brass, Wal-Mart shares have slid and slid. …
The March report on durable goods from the US Census Bureau is out and for the second of the past three months new orders are down. The March drop totals -4.2%, with transportation equipment…
Amazon.com, Inc. (NASDAQ: AMZN) must have the goal that if you can sell it online then it wants a piece of it. After many specialty online sales initiatives, now it seems that the online…
courtesy Facebook Inc.Social media giant Facebook Inc. (FB) will acquire about half the patents that once belonged to AOL Inc. (NYSE: AOL) until they were acquired by Microsoft Corp. (NASDAQ: MSFT) last week. Microsoft…
General Electric Co. (NYSE: GE) is demonstrating in its earnings report just exactly why it has been able to keep raising its dividend throughout the last year. The company reported first quarter earnings for…
Conglomerates are soft so far on Wednesday but they have turned up ahead of the wave of earnings this week. A screen at Finviz showed that the conglomerate sector is leading the pack of sectors…
In testimony in the copyright infringement case brought by Oracle Corp. (NASDAQ: ORCL) against Google Inc. (NASDAQ: GOOG), Oracle CEO Larry Ellison said that his company considered buying smartphone makers Research in Motion Ltd.…
Color technology provider X-Rite Inc. (NASDAQ: XRIT), owner of the widely used Pantone color system, has agreed to be acquired by conglomerate Danaher Corp. (NYSE: DHR) for $5.55/share in a deal worth about $625…
The LED industry has suffered an 18-month dry spell as sales have tanked and makers have had to re-trench to keep costs in line. The market might be starting to recover now, even if…
Not satisfied with being the leading global supplier of smartphones, Samsung Electronics (OTC: SSNLF) is going into the mobile ad network business. The company yesterday announced a partnership with OpenX Technologies Inc., a privately…
Research firm comScore Inc. (NASDAQ: SCOR) is out with its report on the US mobile phone market for the rolling three-month period through February 2012. The data shows that 234 million Americans now use…
Shares across Asia fell on worry that commodities prices, particularly metals, will continue to fall. Many miner and refinery stocks dropped. The Hang Seng was off by 1.6% to 20,543. The Shanghai Composite was…
Semiconductor equipment maker Applied Materials Inc. (NASDAQ: AMAT) today offered lower full-year EPS and revenue forecasts than analysts had been expecting, at the same time that the company’s CEO projected the total market for…