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The contract offshore driller reported net income of $281 million, or $0.49 per share. Operating profit was much higher at $568 million, which was up 20% from the $471 million Seadrill reported in the third quarter...The company sold the tender rig T-
The Dow Jones Industrial Average jumped more than 100 points on Monday, inching closer to its intra-day record high of 16,588.20. The S&P 500 struck a new intra-day record of 1,858.71, while the Nasdaq ticked up 0.69% to 4,292.97.
It had a profit of $88.6 million, or $2.20 per share, in 2013...It's fourth quarter profit declined $3.6 million, or a decrease of 75 percent from fourth quarter 2012, to $1.2 million, or 3 cents per share. "It's unfortunate we didn't have higher
The cuts are a results of a combination of less demand for mortgage refinancing and JPMorgan's use of labor-saving technology. Online financial services allow the largest bank in the United States to rely less on physical locations and of course,
Germany released data today indicating that its economy was strengthening. This news has investors both in Europe and in the U.S. feeling good about the world economy and the prospect of future growth just down the road. That strong sentiment has
The ones to pay attention to for the U.S. are Federal Reserve Chairwoman Janet Yellen's testimony before the Senate banking committee and the first revision to GDP. For the worldwide economy, inflation numbers for Japan and the EU are worth watching.
Q2 2014 earnings, sending shares flying more than 6.41% as of 10:50 a.m...Total revenue for the company's second quarter grew 46% year over year to a record $141.1 million, beating Wall Street estimates of $135.6 million. Revenue is up $44.6 million
The Dow Jones Industrial Average dropped 30 points on Friday to close at 16,103. The Nasdaq fell 0.1% to 4,263, while the S&P remained flat, falling 3 points to close at 1,836. The world will continue to focus this week on continued unrest in
Or, at least, that's what a report released this week by the government suggests. According to the Commerce Department, the number of housing starts -- new residential construction projects commenced during the month -- plummeted by 16% in January
Given how popular the Dow is, investors search high and low to find strategies that can beat its returns. In this look at the Dow Jones today, let's look at whether the simplest of characteristics could actually hold the secret to market-beating