US News

“We have now entered a new and challenging phase of low oil prices through the near and medium term. Our focus must now be on resetting BP.” ~ CEO Bob Dudley. A funny thing happened on the way to the office this morning. I read that BP (LSE:BP.) (NYSE:BP) had released its final quarterly report […]

Xerox (NYSE:XRX) shares declined Friday in response to the company’s Q4 and full-year earnings report. Its share price began the day above its 120-day moving average, only to fall abruptly and dramatically from 13.25 to a low of 12.94, remaining under its 120-day moving average for pretty much the rest of the day, closing at […]

Our regular readers know that I seldom advocate predicting the future. Today, I am breaking with that ‘tradition’ to advise taking a look down the road that ride-sharing service, Uber, is traveling. Uber’s hailing-a-car on-demand service is now operational in major metropolitan areas around the world, making headlines nearly everywhere it goes. I would also […]

Ratification of a New Five-Year Labor Agreement Kaiser Aluminum Corporation (Nasdaq:KALU) today announced that union members at the Company’s Newark, OH and Spokane, WA facilities have ratified a new five-year labor agreement. The agreement which affects approximately 900 union members is effective on October 1, 2015 and extends through September 30, 2020. The new labor […]

The fourth quarter of 2014 capped a year of continued investment WSFS Financial Corporation (Nasdaq:WSFS), the parent company of WSFS Bank, reported net income of $12.7 million, or $1.32 per diluted common share for the final quarter of 2014 compared to net income of $11.4 million, or $1.23 per share for the third quarter of […]

An increase of 6.5 percent DCP Midstream Partners, LP (NYSE:DPM) announced today that the board of directors of its general partner declared a quarterly cash distribution of $0.78 per common unit for the quarter ended December 31, 2014, or $3.12 per unit on an annualized basis. This represents an increase of 6.5 percent over the […]

Shares of Royal Dutch Shell (LSE:RDSA) took a shelling today despite a healthy increase in fourth quarter and full year results. Its shares closed at 2,153.5 yesterday, 28 January, but opened today at 2,079.0, down 3.5%. They kept falling in the opening minutes to 2,060.0 up until 8:11 a.m., from whence they struggled to gain […]

Under new ownership structure, BP, Chevron and ConocoPhillips will combine expertise and resources to unlock Tiber and Gila discoveries and pursue development of a new production hub in Keathley Canyon BP announced today it has formed a new ownership and operating model with Chevron and ConocoPhillips to focus on moving two significant BP Paleogene discoveries […]

I want to (re)prove a point today that I have tried to make on several occasions: The real news is in the story; not necessarily in the headline. That is why this headline for this article appears to be contradictory. Indeed, the share price of Caterpillar (NYSE:CAT) is up 1.40% to 80.96 on the New […]

Total revenues were $252.6 million compared to $263.0 million for the same period last year EZCORP, Inc. (Nasdaq:EZPW), a provider of cash solutions for consumers, today announced financial results for the fiscal first quarter ended December 31, 2014. Total revenues were $252.6 million compared to $263.0 million for the same period last year. Net income […]