November unemployment rates will be released on Friday. Some of the figures will be distorted by factors such as Hurricane Sandy, holiday retail job additions and layoffs at troubled companies from Web 2.0 firms like LivingSocial to old line firms that include Boeing Co. (NYSE: BA), which believes defense industry cuts will harm its margins. [...] Read Full Story »
Before BP PLC (NYSE: BP) agreed to sell its 50% stake in Russia-based oil company TNK-BP, the company tried to negotiate an alliance with eventual acquirer Rosneft. That did not ... Read Full Story »
SUPERVALU Inc. (NYSE: SVU) soon will be acquired. If not, it is at least looking like the troubled grocery store chain operator is back in play. SUPERVALU has been in the ... Read Full Story »
Canadian Pacific Railway Ltd. (NYSE: CP) this morning announced that it will take a pretax, noncash fourth-quarter charge of $180 million related to its option to build an extension of ... Read Full Story »
In early November, Dean Foods Inc. (NYSE: DF) said that it was going to look for a buyer for the company’s Morningstar wholesale delivery dairy business. That search ended this ... Read Full Story »
We have more of the special dividends and dividend payout accelerations ahead of the coming fiscal cliff. Companies are trying to maximize their tax efficiency ahead of the increase of ... Read Full Story »
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Monday. Apple Inc. (NASDAQ: AAPL) reiterated Buy with $800 target and raised ... Read Full Story »
U.S. agribusiness giant Archer Daniels Midland Co. (NYSE: ADM) this morning announced that it has increased its offer for Australian grain grower and marketer GrainCorp from AUS$11.75 (about US$12.25 at ... Read Full Story »
U.S. made luxury cars have become all but extinct, as buyers have deserted the iconic U.S. brands for foreign models from Mercedes-Benz, BMW, Lexus and others. We noted earlier today ... Read Full Story »
LDK Solar Co. Ltd. (NYSE: LDK) reported third-quarter 2012 results before markets opened this morning. The solar PV maker reported a diluted earnings per American depositary share (ADS) loss of ... Read Full Story »
For those who believe that Congress and the White House can find a solution to the fiscal cliff problem, hope has begun to drain away. Treasury Secretary Tim Geithner said ... Read Full Story »
Greece's leadership said the nation would try to buy back 10 billion euros worth of its bonds in the public markets as a way to lower its borrowing costs. The ... Read Full Story »
After reporting a strong PMI figure for China, Markit posted slightly positive numbers for the United Kingdom, a sign that its austerity, unemployment and lack of demand for goods and ... Read Full Story »
No Progress on Fiscal Cliff For those who believe that Congress and the White House can find a solution to the fiscal cliff problem, hope has begun to drain away. ... Read Full Story »
November unemployment rates will be released on Friday. Some of the figures will be distorted by factors such as Hurricane Sandy, holiday retail job additions and layoffs at troubled companies ... Read Full Story »
No matter how sad the forecast, the year's results for a few large America companies, the conditions of competition in their markets and the malaise that has draped much of ... Read Full Story »