AP - An oil platform exploded and burned off the Louisiana coast Thursday, the second such disaster in the Gulf of Mexico in less than five months. This time, the Coast Guard said there was no leak, and no one[…]
Reuters - Video game maker Take-Two Interactive Inc on Thursday smashed Wall Street expectations for its fiscal third quarter and raised its forecast for the current fourth quarter, citing strong sales for its "Red Dead Redemption" title.
Sept. 2 (Bloomberg) -- Dick Costolo, chief operating officer of Twitter Inc., speaks about the company's growth strategy and revenue from advertisers' "promoted tweets." He talks with Cris Valerio and Carol Massar on Bloomberg Television's "Street Smart." (This report is[…]
AP - General Motors plans to start trading shares again on Nov. 18, timing that allows the company one more quarter of earnings to build its case to investors, a firm that researches initial public offerings said Thursday.
Sept. 2 (Bloomberg) -- Bloomberg's Elizabeth Faublas reports on the performance of the U.S. equity market today. U.S. stocks rose, with the Standard & Poor’s 500 Index building on its biggest rally in almost two months, after retail sales improved,[…]
Stocks held onto yesterday's gains thanks again to better than expected economic data regarding home sales. This time pending home sales were up, over 5% from last month.
It was a big week for economic data, and the technology and restaurant chain sectors were abuzz with merger and acquistion news. On Monday, the Commerce Department said consumer spending increased 0.
Sept. 2 (Bloomberg) -- Marshall Auerback, a senior fellow at the Roosevelt Institute and a consulting strategist at Pacific Investment Management Co., talks about the limits of Federal Reserve policy in terms of influence on the U.S. economy and his[…]
Sept. 2 (Bloomberg) -- Carl Larry, president of Oil Outlooks and Opinions LLC, talks with Bloomberg's Melissa Long about an explosion on a Mariner Energy Inc. platform in the Gulf of Mexico, 80 miles off the Louisiana coast, and the[…]
