05/06
Headlines

Adam Keintzel

Adam Keintzel covers IT Systems & Networking. Prior to joining Tech Insider, he worked for technology firms in the Silicon Valley in engineering and business development roles. In both 2008 and 2009, he was included in The Wall Street Journal’s “Best on the Street” analyst rankings – Computers and Office Equipment. In 2009, he was designated as an Institutional Investor “Best Up and Comer” – IT Hardware.

Stock Runners: ConocoPhillips (NYSE:COP), Talisman Energy Inc. (NYSE:TLM), Alcoa Inc. (NYSE:AA), General Motors Company (NYSE:GM), Advanced Micro Devices, Inc. (NYSE:AMD)

Adam Keintzel03 mins

New York-listed ConocoPhillips (NYSE:COP) has confirmed the start of oil production from the Gumusut-Kakap Floating Production Facility, located approximately 75 miles offshore Sabah, Malaysia. The project is expected to add approximately 60,000 barrels of oil equivalent per day to the company’s production volumes by 2017. The Gumusut-Kakap field is expected to contribute up to 25%…

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Watch List : American International Group (NYSE:AIG), GT Advanced Technologies (NASDAQ:GTAT), Hooker Furniture (NASDAQ:HOFT), ChipMOS TECHNOLOGIES (NASDAQ:IMOS), MDC

Adam Keintzel03 mins

Treasury Secretary Timothy Geithner on Tuesday defended the government’s rescue of American International Group Inc in September 2008, saying the action was necessary to prevent the country from plunging into a possible second Great Depression. Geithner’s comments came in testimony he provided in the trial of a lawsuit brought by Hank Greenberg, AIG’s top executive…

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Morning Buzz : Google Inc (NASDAQ:GOOGL), Synacor, Inc. (NASDAQ:SYNC), Graham Holdings (NYSE:GHC), Meru Networks, Inc. (NASDAQ:MERU), Contango Oil & Gas Company (NYSEMKT:MCF)

Adam Keintzel03 mins

Google Chief Executive Eric Schmidt said in September that his company wanted out because ALEC was “literally lying” about climate change. Yahoo Inc, Facebook Inc and Yelp Inc left ALEC soon after. “The Google announcement made it difficult for some of these companies to hide in the shadows anymore,” said Nick Surgey, director of the…

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Melco Crown Reports Robust Earnings in Second Quarter

Adam Keintzel02 mins

Melco Crown Entertainment announced solid second quarter results that were above analysts expectations and consensus estimates. Revenue increased 38% to $1.3 billion (above consensus of $1.2 billion) and adjusted EBITDA increased 62% to $330 million (well above consensus of $283 million), as the company’s City of Dreams casino on the Cotai Strip continued to take…

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Top News : GlaxoSmithKline plc (NYSE:GSK), Rite Aid Corporation (NYSE:RAD), CME Group Inc. (NASDAQ:CME), JPMorgan Chase & Co. (NYSE:JPM), Nielsen N.V. (NYSE:NLSN)

Adam Keintzel03 mins

Both GlaxoSmithKline plc (NYSE:GSK) and NewLink Genetics are working to boost their capacity to make Ebola vaccines, with a goal of a “very significant increase in scale during the first half of 2015”, the World Health Organization said on Wednesday. GlaxoSmithKline plc (NYSE:GSK) belongs to Healthcare sector. Its net profit margin is 27.40% and weekly…

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Shining on Major News : Newmont Mining Corporation (NYSE:NEM), ConocoPhillips (NYSE:COP), Plantronics, Inc. (NYSE:PLT), Superior Industries International, Inc. (NYSE:SUP), SNBC

Adam Keintzel03 mins

On Sep 12, Precious-metals miner Fresnillo PLC said it has agreed to buy Newmont Mining Corporation (NYSE:NEM) stake in their Mexican Penmont joint venture for $450 million in cash, increasing its presence in the country’s gold mining industry. Newmont Mining Corporation (NYSE:NEM) belongs to Basic Materials sector. Its net profit margin is -6.20% and weekly…

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