US News

We’re only at midweek, but traders are celebrating on selling floors around the world as the leading indexes continue to rise to lofty and, in some cases, record highs. The Footsie 100 closed up 35.8 points yesterday to reach its highest point since December 2007.  The Nikkei Index broke past the 14,000 mark to 14,180 […]

Whilst the UK was enjoying a bank holiday, Apple and Facebook were celebrating their individual statuses on the Fortune 500.  The Fortune 500 ranks the largest U.S. companies by revenue. Apple (NASDAQ:AAPL) broke into the top 10 for the first time.  It became the only tech company in the current top 10 elite U.S. stocks, when […]

I don’t like Walmart.  I used to work for a major supplier for Walmart.  If you can’t learn to hate Walmart as a customer, I guarantee you will learn to hate it as a supplier.  It has done more harm to mom and pop stores of all kinds that any other company – ever.  The […]

A good way to end the week! The sun’s out, there’s a long and hopefully sunny weekend to look forward to and the UK flagship equity index has regained the 6,500 handle – MIA since mid-March. After another round of mixed macro-economic data and major announcements from central banks, on both sides of the pond, […]

General Motors Co. has announced it has filed a selling shareholders shelf registration statement with the Securities and Exchange Commission registering GM common stock and warrants. The registration statement will allow selling shareholders to sell registered securities in a public offering.  GM is not currently aware of any specific plans regarding an offering by any […]

Announcing their Q1 results BP have argued that “Underlying replacement cost profit for the quarter was $4.2 billion, compared to $3.9 billion in the fourth quarter and $4.7 billion in the first quarter of 2012”. Operating cash flow in the quarter was $4.0 billion, compared with $3.4 billion in the first quarter of 2012. BP […]

Profits translate to a 1% increase on Q1 of 2012 ExxonMobil have announced that their 2013 Q1 earnings of $9,500 million form a $50 million, or 1%, increase from the first quarter of 2012. Earnings per share (assuming dilution) were $2.12, an increase of 6%. In a statement the company further reported that: Capital and […]

Initial phase to produce 110,000 barrels per day Exxon Mobil Corporation announced today the startup of the Kearl oil sands project in Alberta, Canada, which incorporates technological innovations to enhance environmental performance while enabling long-term production to meet future energy demand. “Kearl will access 4.6 billion barrels of resource that will meet energy needs for […]

In today’s session, several companies in the United States will publish their first-quarter earnings report of the 2013, including the one that attracts attention: Herbalife Ltd (NYSE:HLF). According to a survey by FactSet company, it is possible that the company Herbalife will issue a favorable report first quarter earnings this year, about $ 1.07 per […]

Yesterday, Tesla Motors Chief Executive Elon Musk announced via Twitter that the company will make an announcement “strategic” today. After that announcement, Tesla shares (NASDAQ:TSLA) rose more than 3% ($ 1.43) on Nasdaq, because, according to the tweet of Musk, the annoucement will be well pleased for Tesla owners. A company spokesman said the announcement will […]