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Chesapeake Shares Rally 15% After Company Sheds Assets

Thu, 10/16/2014 - 11:55am
Chesapeake Energy Corp. shares rallied Thursday after the company said it sold 413,000 acres in shale formations in West Virginia and southwest Pennsylvania to Southwestern Energy Co. for $5.38 billion.
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West Virginia's seasonally adjusted jobless rate holds steady at 6.6 percent in September

Thu, 10/16/2014 - 11:47am
West Virginia's seasonally adjusted unemployment rate held steady at 6.6 percent in September.
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New survey shows jump in retail food prices in Kentucky during third quarter of year

Thu, 10/16/2014 - 11:47am
A new survey of Kentucky food prices says the rising cost of beef and pork products led to an overall 3.9 percent jump in retail food prices during the third quarter of the year.
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Georgia's unemployment rate declines to 7.9 percent

Thu, 10/16/2014 - 11:47am
State labor officials say Georgia's jobless rate has dropped to 7.9 percent.
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NC revenues off slightly in 1st quarter, lower than anticipated income taxes is factor

Thu, 10/16/2014 - 11:40am
North Carolina government took in slightly less than what state officials projected during the first quarter of the fiscal year, and questions persist about whether broad tax changes will crimp again the state budget for a second year in a row.
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Autos companies shares down at 10 a.m.

Thu, 10/16/2014 - 11:31am
Shares of some top autos companies are down at 10 a.m.: Ford Motor Co. fell $.01 or percent, to $13.62.
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Health Care Equipment companies shares mixed at 10 a.m.

Thu, 10/16/2014 - 11:31am
Shares of some top health care equipment companies are mixed at 10 a.m.: Becton, Dickinson & Co. fell $1.75 or 1.4 percent, to $122.78.
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The Sinister Forces of Market Relativism

Thu, 10/16/2014 - 11:12am
There’s no denying that the risks in the current market narrative are real, but keep in mind, momentum aside: Lower prices + solid fundamentals = buying opportunity.
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Chris Anderson, head of TED, has deal for guide on public speaking

Thu, 10/16/2014 - 11:00am
The head of TED, Chris Anderson, is working on a primer for all would-be TED talkers.
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Natural Gas Adds To Loss After Higher Supply Increase

Thu, 10/16/2014 - 10:56am
SAN FRANCISCO (MarketWatch ) -- U.S. supplies of natural gas rose 94 billion cubic feet for the week ended Oct. 10, the Energy Information Administration said Thursday.
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AbbVie recommends shareholders reject Shire deal

Thu, 10/16/2014 - 10:43am
U.S. pharmaceutical company AbbVie Inc (NYSE:ABBV) recommended that shareholders vote against its $55 billion takeover of Shire Plc in the wake of a U.S. government move to curb deals designed to cut high taxes.
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Mattel's 3Q net income falls 21.5 percent on lower demand for Barbie dolls

Thu, 10/16/2014 - 10:42am
Mattel said Thursday that its third-quarter net income fell 21.5 percent as demand for Barbie and American Girl dolls fell.
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Detroit Reaches Deal With Bond Insurer Over Pension Debt

Thu, 10/16/2014 - 10:36am
Detroit reached an agreement with one of the major hold-out creditors in its bankruptcy case, bringing the city one step closer to exiting court protection, according to news reports Thursday that cited statements from the city's attorney.
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Delta Air Lines Profit Slumps on Higher Expenses

Thu, 10/16/2014 - 10:31am
Delta Air Lines Inc's quarterly profit slumped 74 percent as higher operating expenses did not allow the U.S. airline to take advantage of strong business and leisure travel.
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Gas Natural sells its Wyoming Energy West assets to South Dakota company

Thu, 10/16/2014 - 10:27am
Energy West Inc. is selling its subsidiary, Energy West Wyoming Inc. to Black Hills Corp. for $17 million.
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Mattel Sales Decline for Fourth-Straight Quarter

Thu, 10/16/2014 - 10:19am
Mattel Inc's revenue fell for the fourth straight quarter as demand for its billion-dollar brands, Barbie and Fisher-Price, slipped further, increasing pressure on the toymaker as it heads into the holiday shopping season.
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Average US rate on 30-year mortgage slides to 3.97 percent; 15-year loan at 3.18 percent

Thu, 10/16/2014 - 10:16am
Average U.S. mortgage rates tumbled this week, with the 30-year loan hitting its lowest level since June 2013 as Treasury bond yields marked new lows.
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Homebuilder Sentiment Falls in October

Thu, 10/16/2014 - 10:09am
The National Association of Home Builders’ gauge of homebuilder sentiment fell in October to 54 from a reading of 59 the month prior, which economists expected the gauge to hold steady.
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Jefferies No Longer Bearish On Netflix After Share Price Plunge

Thu, 10/16/2014 - 10:09am
Shares of Netflix have fallen so much, Jefferies analysts are no longer bearish, saying they now offer a more favorable valuation at current levels.
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Market Fundamentals Have Not Changed: Goldman Sachs CFO

Thu, 10/16/2014 - 10:09am
Goldman Sachs Group Inc. believes over the long-term, markets follow fundamentals, and the bank's economists believe nothing has fundamentally changed the past few weeks, or certainly the last 24 hours, regarding the long-term outlook for the global economy.
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