US News

Campbell’s (NYSE:CPB), a member of the S&P 500, released its fourth quarter and full year results this morning, reporting a 27% increase in earnings during the final quarter.  Its share price rose marginally to $36.89 in early trading, continuing its 12% growth for the year.  If the price holds throughout the day, it will be […]

A key question  for Apple (NASDAQ:AAPL) shareholders relates to its extremely high earnings per share (currently $41.02).  Investors have been able to ignore this warning sign because the company has maintained the popularity of its products, whilst generating new revenue streams and product lines.  The question is: how long will Apple sustain its earning levels? […]

The iconic, former king of American retail has suffered yet another embarrassment as it struggles to reshape itself and survive.  It was announced yesterday that Sears (NASDAQ:SHLD) would be dropped from the S&P 500 as of Tuesday, September 4th. Some Good Things Never Last In the 1960’s Sears was the place America shopped.  Sears had […]

Economic uncertainty and high level of unemployment kept a lid on U.S. consumer spending for most part of this year; however, looking at retail sales results for August, it seems that U.S. consumer confidence is gradually rising, and so is the shopping budget.

Private equity firm, Carlyle Group has announced that it will be buying DuPont’s (NYSE:DD) DuPont Performance Coatings (D.P.C.) unit for $4.9 billion in cash.

Citigroup Inc. (NYSE:C) will be paying $590 million to settle a lawsuit by its shareholders, who claimed that the bank kept them in dark by not disclosing massive losses arising out of subprime mortgage assets before the baking crisis erupted.

I argued a few weeks ago on t1ps.com that AIM listed solar wafer producer PV Crystalox (LSE:PVCS) should shut its operations at once and return all its cash to shareholders. The share price is 7.9p valuing PV at £32 million and the company (as at the half year) had net cash of 122 million Euro,   […]

The Hertz Global Holdings car rental group’s (NYSE:HTZ) acquisition of the Dollar Thrifty Group (NYSE:DTG) has the potential to shake up the US car rental business with its underlying strategy, if it gains regulatory approval and if it can manage its debt load.  DTG shares rose 7.5% to $87.08 yesterday setting a new five-year high […]

Chicken producer, Sanderson Farms Inc. (NASDAQ:SAFM) reported better-than-expected fiscal third quarter earnings and revenue as sturdy demand in grocery stores helped company to raise prices of poultry products.

Amid sharp plunge in prices of its main product, butadiene, on account of weak demand from tire manufacturers, chemical company, TPC Group Inc. (NASDAQ:TPCG) has agreed to be acquired by private equity firms First Reserve Corp. and SK Capital Partners in a deal estimated at $627.2 million.