The coal industry is undergoing a revitalization process with production and prices increasing, thanks in large part to the coal-friendly policies passed by President Donald Trump since he entered the Oval Office in January. Continue Reading Below Third-quarter earnings for Missouri-based Arch Coal (ACIIQ) revealed $68.4 million in profits and […]
FOX Business News
IMAX Stock: Is It a Trick or a Treat?
One of last week’s biggest winners was IMAX (NYSE: IMAX), which soared 17% after posting better-than-expected financial results for the third quarter. There’s been a lot of chatter about the slow demise of the local multiplex, but you wouldn’t know that from IMAX’s blowout performance. Continue Reading Below Revenue soared for […]
Why Novavax Stock Is Soaring Today
What happened Continue Reading Below Shares of flu vaccine researcher Novavax (NASDAQ: NVAX) shot up 13.7% in early trading Tuesday after a positive analyst note out of Citigroup predicted “strong market opportunities” for the company’s new NanoFlu nanoparticle-based flu vaccine. At last report, however, Novavax shares were spotted retracing their […]
Why AK Steel Stock Collapsed 15% Today
What happened Continue Reading Below Shares of steelmaker AK Steel Holding Corporation (NYSE: AKS) are down 13% as of 11:20 a.m. EDT, after earlier falling as much as 15.2% in response to the company reporting a modest third-quarter loss. AK Steel earned two cents per share “adjusted” for one-time items […]
Roper Technologies (ROP) Q3 2017 Earnings Conference Call Transcript
Roper Technologies, Inc. (NYSE: ROP)Q3 2017 Earnings Conference CallOct. 30, 2017, 8:30 a.m. EDT Continue Reading Below Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, everyone. Thank you for standing by. You are currently on hold for today’s Roper Technologies third-quarter 2017 financial results conference […]
Kellogg profit rises 2 percent as Eggo, Pringles sales grows
NEW YORK – Kellogg said Tuesday that its third-quarter profit rose 2 percent as sales of its Eggo waffles and Pringles chips rose around the world, offsetting falling cereal sales. Continue Reading Below Its earnings and revenue for the quarter beat Wall Street expectations, and Kellogg’s stock soared 6 percent. […]
Markets Right Now: Stocks trading mostly higher
NEW YORK – The latest on developments in financial markets (All times local): Continue Reading Below 12:00 p.m. Stocks are trading mostly higher at midday as food companies climb while sporting goods makers and retailers struggle. Oreo cookie maker Mondelez jumped 5.5 percent Tuesday after a strong quarterly report, and […]
New Jersey sues OxyContin maker, claims it misled public
TRENTON, N.J. – New Jersey is suing the company that manufactures OxyContin, claiming a “direct link” between the state’s opioid crisis and the firm’s deceptive marketing practices. Continue Reading Below State Attorney General Christopher Porrino says the five-count lawsuit against Connecticut-based Purdue Pharma and two of its entities was filed […]
Rockwell Automation rejects unsolicited bid from Emerson
NEW YORK – Rockwell Automation is rejecting an unsolicited takeover bid from Emerson Electric, saying it’s not in the company’s best interests. Continue Reading Below Following media reports of a deal that sent its stock soaring, the Milwaukee industrial automation company confirmed Tuesday that it received two offers. Shares of […]
Dow, S&P poised to finish record setting month with a bang
U.S. stock indices were on track Tuesday to post yet another advance, even after they set multiple records in October. Continue Reading Below The Dow Jones Industrial Average looked set to finish October with a more than 4% monthly advance, the S&P 500 with about a 2% advance and the […]