Recent Articles
US Gasoline Imports Fall, Refiners May Benefit
US gasoline imports fell to 644,000 b/d for the week ending September 10th, according to the US Energy Information Administration. Gasoline supplied to wholesalers fell…
Yahoo! CEO Dismisses iAds, Will Keep Alibaba Stake
Yahoo! CEO Carol Bartz dismisses Apple's iAds mobile ad service and is hanging on to a stake in Chinese e-commerce company Alibaba.
Rio Tinto (RTP) Adds to Stake in Ivanhoe Mines
One of the Rothschild barons is credited with saying that the time to buy is when there is blood in the streets. That may not have been literally true in 2007 when Rio Tinto plc (NYSE: RTP) provided $350 million in convertible credit to Ivanhoe Mines Ltd. (NYSE: IVN), but Rio Tinto got a pretty good deal in any event.
Beazer (BZH) Earnings Prompt Homebuilder to Cut FY2010 Guidance
Just two weeks before the end of its 2010 fiscal year, Beazer Homes USA, Inc. (NYSE: BZH) has warned that the company's target for new home orders for the full fiscal year is in jeopardy.
Best Buy (BBY) Beats Estimates, Raises Guidance
Shares in Best Buy Co., Inc. (NYSE: BBY) have jumped about 6% this morning following the company's better-than-expected second quarter earnings report. Best Buy reported EPS of $0.60 on revenue of $11.39 billion, topping expected EPS of $0.46, but missing on expected revenue of $11.65 billion.
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