Author: Devin Weiss

Encouraging consumer spending data and strong sales figures from major retailers failed to avoid benchmarks’ fall yesterday as investors remained cautious ahead of Ben Bernanke’s speech. The S&P 500 settled below...

o Shares of Pandora Media Inc. (NYSE:P) surged 14.3% a day after it posted second quarter loss per share of $0.03, narrower than the Zacks Consensus Estimate of a loss of $0.07 o Royal Bank of Canada (NYSE:RY) reported third...

Ben Bernanke’s much-anticipated Jackson Hole speech will determine the outcome of today’s trading action. But with trading volumes expected to remain thin ahead of the long Labor Day weekend, it will probably be...

A leading master limited partnership (MLP), Enterprise Products Partners, L.P. (EPD) announced the commencement of a two-week supplemental binding open commitment period. The open commitment is likely to meet additional shipper...

Friday, August 31, 2012 Bernanke’s much-anticipated Jackson Hole speech will determine the outcome of today’s trading action. But with trading volumes expected to remain thin ahead of the long Labor Day weekend, it...

General Motors Company (GM) announced that it would recall 44,668 units of Chevrolet Sonic subcompacts in order to fix their faulty windshield washers. The vehicles were manufactured between May 5, 2011 and February 24, 2012. GM...

First Solar, Inc. (FSLR) has stopped panel deliveries to the 290 MW Agua Caliente Solar Project, which is world’s largest solar photovoltaic project currently under construction in Yuma County, Arizona. Till January 2012,...

Ireland-based advertising titan WPP Group plc (WPPGY) reported its interim results for the first half of 2012, (ended June 30, 2012) on August 30. Diluted pro forma earnings per share in the reported period were ?0.258 ($2.03...

Royal Dutch Shell plc (RDS.A) has won the regulatory approval to begin preparation work at drilling sites in the Chukchi Sea off Alaska’s northwest coast. However, it waits for the certification of its oil spill...

Costco Wholesale Corporation (COST), one of the leading U.S. warehouse club operators, recently posted sales data for the four-week period ended August 26, 2012 that betters analysts’ expectations. Sales for the month were...