Articles in Business

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Penn West Petroleum Shares Plunge on Investigation News - Analyst Blog

Penn West Petroleum Ltd. ( PWE ) plunged 14.8% over the last two trading sessions to close at $7.85 on Jul 30. The fall was precipitated by the announcement on Jul 29 of an internal review of... Read >>

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Amazon Invests $2B to Expand Operations in India - Analyst Blog

Online retailing giant Amazon.com Inc. ( AMZN ) recently announced that it is planning to invest $2 billion (INR12,000 crore) to expand its operations in India. The news comes on the heels of the... Read >>

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Will Berkshire Hathaway (BRK.B) Beat Earnings This Season? - Analyst Blog

Berkshire Hathaway Inc. ( BRK.B ) is set to report second quarter 2014 results on Aug 1. In the last quarter, this conglomerate delivered a 1.4% negative earnings surprise. The average beat for... Read >>

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Boeing to Assemble 787-10 Dreamliner in South Carolina - Analyst Blog

The Boeing Co. ( BA ) is planning to build its longest version of the much hyped 787 Dreamliner exclusively in North Charleston, SC. Scheduled for delivery in 2018, the 787 10 will be the first... Read >>

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Baxter International Falls as Pfizer Acquires Vaccines - Analyst Blog

Shares of Baxter International Inc. ( BAX ) slid 0.3% to $76.09 yesterday after pharmaceutical behemoth Pfizer Inc. ( PFE ) agreed to acquire a couple of marketed vaccines from the former for $635... Read >>

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Will Lower Output Drag Down Chevron (CVX) Q2 Earnings? - Analyst Blog

U.S. energy giant Chevron Corp. ( CVX ) is set to release its second quarter 2014 results before the opening bell on Friday, Aug 1. In the preceding three month period, Chevron delivered a... Read >>

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Will Royal Bank of Scotland Surprise This Earnings Season? - Analyst Blog

The Royal Bank of Scotland Group plc ( RBS ) is scheduled to report its first half 2014 results on Friday, Aug 1. In the preliminary first half 2014 update issued on Jul 25, this foreign bank... Read >>

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Will Hilton (HLT) Miss Earnings Estimates? - Analyst Blog

Virginia based hotelier Hilton Worldwide Holdings Inc. ( HLT ) is set to report second quarter 2014 results on Aug 1, 2014. Last quarter, the company posted a positive earnings surprise of 50.00%.... Read >>

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Tesla (TSLA), LinkedIn (LNKD) Beat Q2 Estimates on Bigger Sales - Analyst Blog

Both electric car maker Tesla Motors ( TSLA ) and social media firm LinkedIn ( LNKD ) reported Q2 earnings after the bell Thursday, and both representatives of the 21st century economy... Read >>

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BofA Fined $1.3B for 'Hustle' Fraud, May Appeal - Analyst Blog

Litigation, settlements and investigations pertaining to Bank of America Corporation 's ( BAC ) past business conducts continue to make headlines. This time BofA makes news for the settlement... Read >>