NASDAQ Market News

Underlying replacement cost profit $2.2 billion; significant impairment charges in the quarter – Taking action to meet challenging environment BP today reported its results for the fourth quarter and full-year 2014. Underlying replacement cost profit1 for the fourth quarter was $2.2 billion compared with $2.8 billion for the same period in 2013. Full year underlying […]

Our regular readers know that I seldom advocate predicting the future. Today, I am breaking with that ‘tradition’ to advise taking a look down the road that ride-sharing service, Uber, is traveling. Uber’s hailing-a-car on-demand service is now operational in major metropolitan areas around the world, making headlines nearly everywhere it goes. I would also […]

Ratification of a New Five-Year Labor Agreement Kaiser Aluminum Corporation (Nasdaq:KALU) today announced that union members at the Company’s Newark, OH and Spokane, WA facilities have ratified a new five-year labor agreement. The agreement which affects approximately 900 union members is effective on October 1, 2015 and extends through September 30, 2020. The new labor […]

Under new ownership structure, BP, Chevron and ConocoPhillips will combine expertise and resources to unlock Tiber and Gila discoveries and pursue development of a new production hub in Keathley Canyon BP announced today it has formed a new ownership and operating model with Chevron and ConocoPhillips to focus on moving two significant BP Paleogene discoveries […]

Total revenues were $252.6 million compared to $263.0 million for the same period last year EZCORP, Inc. (Nasdaq:EZPW), a provider of cash solutions for consumers, today announced financial results for the fiscal first quarter ended December 31, 2014. Total revenues were $252.6 million compared to $263.0 million for the same period last year. Net income […]

Achieves 53 Percent Subscription Revenue Growth and 10 Percent Total Revenue Growth in Fourth Quarter Informatica Corporation (Nasdaq:INFA), an independent provider of enterprise data integration software and services, today announced financial results for the fourth quarter ended December 31, 2014. “Our record quarterly software and total revenues in the fourth quarter reflect improved...

To Develop MGD011 for Multiple B-Cell Malignancies MacroGenics, Inc. (NASDAQ: MGNX), a clinical-stage biopharmaceutical company focused on discovering and developing innovative monoclonal antibody-based therapeutics for the treatment of cancer and autoimmune diseases, today announced the closing of the global collaboration and license agreement for MGD011 with Janssen Biotech, Inc. The...

The price movement on Yahoo! is nearly similar to the price movement on Ebay (NASDAQ:EBAY). The price of the shares was bullish for the most part of the year 2014 and it consolidated around the end of that year. In January 2015, there was a transient plunge in the market, which was ended abruptly as […]

Yahoo stock (NASDAG:YHOO) is a ‘buy’ for this year. The stock was bullish last year, though it consolidated during the last month of the last year. The stock traded downwards a little bit this month, but there has now been a clean upward breakout – which could signify the beginning of a long-term bullish run. […]

Details below. InterDigital, Inc. (Nasdaq:IDCC), a mobile technology research and development company, today announced the commencement of the evidentiary hearing in the remand of U.S. International Trade Commission investigation No. 337-TA-613 of the company’s complaint against respondents Nokia Corporation, Nokia Inc. and Microsoft Mobile Oy. In the 613 Investigation, InterDigital...