Adrian Pingstone, via Wikimedia CommonsFedEx Corp. (NYSE: FDX) reported first-quarter fiscal 2014 results before markets opened this morning. The package delivery service posted adjusted diluted earnings per share (EPS) of $1.53 on revenues of $11,0…
ThinkstockLess than half of Americans who use credit cards say they “completely understand” the terms of use for their cards. And just under 60% say they understand how to earn those rewards that the…
ThinkstockReal estate website Zillow Inc. (NASDAQ: Z) announced Monday morning that the company will sell 2.5 million shares in an underwritten offering and existing shareholders will sell an additional 2.5 million shares at the…
courtesy of Sony Corp.Sony Corp. (NYSE: SNE) and Viacom Inc. (NASDAQ: VIAB) have reached a preliminary agreement that would allow Sony to carry Viacom’s cable channels on Sony’s planned Internet TV service. The report…
ThinkstockChegg, Inc. has become the latest company to file to come public via an initial public offering. Financial terms have not been seen other than that the filing is for up to $150 million.…
ThinkstockWhen a major shareholder sells a third of its holdings, everyone notices. That’s why Tuesday’s sale by PAR Capital Management Inc. of 8.1 million shares of the 24.6 million shares it held in Orbitz…
courtesy of KFCYum! Brands Inc. (NYSE: YUM) is not the first American company to stumble badly in China. It will not be the last, either. China is Yum! Brands’ most important market. The company…
ThinkstockPriceline.com Inc. (NASDAQ: PCLN) is out with its second-quarter earnings report. The travel discount website operator has managed to keep growing beyond the United States to the point that its market value is more…
Courtesy The Goodyear Tire & Rubber CompanyWho doesn’t like a blimp? The soft, pillowy things just look friendly, whether looking down on a sporting event or just slowly flying around with an advertising message…
ThinkstockTwo companies in the digital imaging business reported results on Wednesday, and they could not have been more different. The venerable (and bankrupt) Eastman Kodak continued to post losses, while Shutterstock Inc. (NYSE: SSTK)…
Wikimedia CommonsFast-food giant McDonald’s Corp. (NYSE: MCD) today reported same-store sales growth of 0.7% in July, compared to sales in July of last year. Systemwide sales rose 1.6%, and 3.3% on a constant currency…
courtesy of McDonald'sLast week, workers at McDonald’s Corp. (NYSE: MCD) stores walked out, demanding that the company raise workers’ wages to $15 an hour. We suggested that the demand has little chance of being…
ThinkstockIn the calculus of baseball, like in most other businesses, intangibles are part of valuation. Forbes reports that the New York Yankees are worth $2.3 billion, the most valuable team in baseball. Alex “A-Rod”…
ThinkstockYelp Inc. (NYSE: YELP) made our list of early bird analyst upgrades this morning, but it turns out that the upgrade cycle for Yelp is actually a large group of analysts. Yelp posted a…
ThinkstockVery little in the Consumer Federation of America’s (CFA) “Nation’s Top Ten Consumer Complaints” was unexpected. The results of the survey show how hard it may be to operate in some of the businesses in which customers expect…