US News

“Ere many generations pass, our machinery will be driven by a power obtainable at any point of the universe.” ~ Nikola Tesla This morning the electric car manufacturer that bears Tesla’s name  (NASDAQ:TSLA) announced that its sales of its Model S have exceed the goal of 4,500 production units announced earlier this year in February.  The […]

U.S.-based personal computer manufacturer Dell (NASDAQ:DELL) has had a sweet ride since Michael Dell founded the company in 1984 from his college dorm room.  That is, up until the last twelve months.  During the last three quarters of 2012 Dell shares tumbled from just above $16.85 to $8.69 as the company seemed to have lost […]

Signet Jewelers Ltd. (NYSE:SIG): The company stock is currently trading at $68.18, up 7.82 percent from its previous close. Signet Jewelers is up on the news of strong fourth quarter results and touched its 52 weeks high of $69.41.

It’s been just less than two weeks since we last reported on the fiasco that is more popularly know as JP Morgan (LSE:JPM) (NYSE:JPM).  We can’t help it if they keep stepping into one muddy mess after another. CNBC and others have reported that the bank is now under investigations by eight different federal agencies, […]

Credit Suisse Group AG (NYSE:CS): The company stock is currently trading at $26.21, down 1.47 percent from its previous close of $26.60. Credit Suisse Group announced the purchase of EMEA Wealth management unit from Morgan Stanley. The unit manages $13 billion worth of assets.

Darden Restaurants Inc. (NYSE:DRI): The stock is trading 1.35 percent higher, at $49.62. The stock is trading up after the company’s quarterly results exceeded the estimates. It reported its third quarter adjusted earnings at $1.02 per share, beating analysts’ estimates of $1.01 per share in net income.

It comes as not surprise that Nike (NYSE:NKE) is the world’s largest largest athletic clothing and shoe company.  But it was a surprise when company with the Swoop® logo announced a 55% increase in revenue year-on-year for the third quarter ending 28 February 2013. Expectations had been positive for Nike’s third lap in its annual Fiscal Relay, […]

AstraZeneca PLC (NYSE:AZN): The stock is trading up despite the news of layoffs by the company. AstraZeneca announced that it would be slashing its global headcount by 2,300 as part of its restructuring efforts. The company had earlier reported cutting 1,600 research & development positions.

FedEx Corporation (NYSE:FDX): The stock tumbled on the news of its disappointing results. FedEx missed consensus estimates as its ground revenue improved 11 percent for the third quarter. The company’s net income dropped from $521 million to $361 million. On per share basis, the company’s EPS stood at $1.13 per share. FedEx is currently trading […]

Zillow Inc. (NASDAQ:Z): The company touched its new 52 weeks high of $56.73 in the current trading session. Zillow is currently trading at $55.85, up 2.01 percent from its previous close.