Articles in Business

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L Brands' October Comparable Sales Grow on Innovations - Analyst Blog

Shares of L Brands, Inc. ( LB ) witnessed a marginal growth of roughly 1%, following comparable store sales (comps) results for the four weeks ended Nov 1, 2014, faring better than analysts'... Read >>

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Janus Benefits on Gross Hire: $1B Client Deposits - Analyst Blog

The hiring of champion bond manager, Bill Gross, seems to have benefited the global investment firm Janus Capital Group, Inc. ( JNS ). Following the reining in of the eminent bond manager, the... Read >>

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UBS AG May Settle Metal Trading Manipulation Charges - Analyst Blog

In an effort to resolve charges of wrongdoing in its precious metals trading business, Swiss banking giant UBS AG ( UBS ) may reach an agreement, per a report by the Financial Times . The release... Read >>

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Crude Price Collapse Takes Toll, U.S. Oil Rig Count Slips - Analyst Blog

In its weekly release, Houston based oilfield services company Baker Hughes Inc. ( BHI ) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be... Read >>

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Will CBS Corp Benefit from Streaming News Service? - Analyst Blog

CBS Corporation ( CBS ) launched its first streaming news channel CBSN on Nov 6, shortly after reporting better than expected third quarter 2014 results. The 24 7 news channel will provide over 15... Read >>

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Walgreens Hits the Rock with Court's Ruling on CFO Lawsuit - Analyst Blog

The controversy surrounding an inflated fiscal 2016 earnings forecast continues for leading drugstore chain Walgreen Co. ( WAG ). According to a Reuters article published last Thursday, Cook... Read >>

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Gambling Stock Roundup: Melco Misses, Legalization of Casinos in Japan Delayed - Analyst Blog

There was hardly any encouraging news from the gambling sector this week. To begin with, Melco Crown Entertainment Ltd. ( MPEL ) and Full House Resorts Inc. ( FLL ) disappointed investors with... Read >>

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Discover Financial Hits 52-Week High on Strong Earnings - Analyst Blog

On Nov 7, 2014, shares of Discover Financial Services ( DFS ) reached a new 52 week high of $66.10. Over the past one year, the stock price of this company has soared, thanks to the company's... Read >>

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ConAgra Hits 52-Week High on Healthy Q1 Earnings Beat - Analyst Blog

Shares of North American food company ConAgra Foods, Inc. ( CAG ) hit a new 52 week high of $34.92 on Nov 7. The stock, however, closed the trading session slightly lower at $34.62. Since early... Read >>

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AK Steel (AKS) Up on Winning NOES Trade Cases - Analyst Blog

AK Steel ( AKS ) said that the U.S. International Trade Commission (ITC) has reached a positive final decision that illegally dumped imports from six nations have materially harmed the domestic... Read >>