A joint venture of General Electric Company (NYSE:GE) and Ferus Natural Gas Fuels, along with Statoil (STO), a leader in the oil and gas exploration and production industry, announced the planned expansion of a pilot project to capture flare gas and use it to power up to six of Statoil’s drill rigs and one frac…
RadioShack Corp. (NYSE:RSH) stock got caught up in a downward spiral in yesterday’s trading session and plunged 22.92%, followed by a further 10.68% fall to 84 cents during after-market trading. This was the result of a statement from Wedbush Securities that the American electronics-retail chain is a sinking ship and approaching bankruptcy. RadioShack Corp. (NYSE:RSH)…
Microsoft has already made it clear that it’s planning to phase out the Nokia Corporation (ADR) (NYSE:NOK) name in its mobile products, and a newly leaked internal document confirms just that. The document, which was obtained by tech blog GeeksOnGadgets, reportedly says upcoming Nokia Lumia devices will soon be branded as just “Lumia.” Nokia Corporation…
Barrick Gold Corporation (NYSE:ABX)’s cost-cutting may not be helping the company. For example, at Goldstrike (a large mine in Nevada), all-in sustaining costs decreased from $1,226 to $886 year over year. But that’s because Barrick focused on mining much higher-grade ore. The company also cut sustaining capital expenditures by 15%. Such a strategy is not…
On Wednesday, September 10, 2014, the NASDAQ Composite ended at 4,592.29, up 0.20%, the Dow Jones Industrial Average declined 0.15%, to finish the day at 17,111.42, and the S&P 500 closed at 2,001.54, down 0.31%. The losses were broad based as eight out of ten sectors ended the session in negative. The S&P 500 Health…
Apple has unveiled Apple Pay, a new mobile payments tool that could significantly impact the way consumers transact both in-person and digitally. The new service was outlined as part of a broader demonstration of the iPhone 6 and iPhone 6 Plus, both of which were introduced at Apple’s event in Cupertino, California, on 9th September….
