Odyssey Marine Exploration (OMEX) says it will provide marine archaeological excavation and related services on an existing project to certain client companies of Robert Fraser & Partners.
The contract provides for cash
Volterra lowered its Q4 EPS guidance to 20c-22c vs. previous guidance 24c-31c and consensus 28c. The company cut its Q4 revenue outlook to $35.4M-$35.6B vs. previous guidance $37M-$40M and consensus $38.41M. The company said, "The
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Both Nordstrom Inc. (NYSE:JWN) and Saks Inc. (NYSE:SKS) reported a year-over-year jump of to their same-store sales on Thursday, for the five-week period that ended January 1, 2011. Nordstrom reported a 8.4% jump, while Saks' sale
Bank of America (NYSE:BAC) will give its retail customers the choice of more financial transactions through the company or a monthly fee as pressures mounted from U.S.
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Consumer stocks are higher today with Sinclair Broadcast Group (SBGI) threatening to pull 33 of its stations from Time Warner Cable (TWC) systems in 21 markets unless the firms can strike a deal by midnight Friday over fees it can
Under the terms of the definitive agreement, each common share of the company will be transferred to Magnum Hunter for the right to receive 0.0846 of a share of Magnum Hunter common stock.
NGAS Resources (NGAS) announced a definitive agreement with Magnum Hunter Resources Corporation (MHR) providing for NGAS Resources to be acquired by Magnum Hunter in an all-stock transaction. NGAS Resources is a British Columbia c
Cal-Maine Foods (CALM) reports Q2 sales of $234.5 mln, better than the analyst consensus of $231 mln on Thomson Reuters. EPS was $0.63, vs. expectations of $0.72 per share.
Apple (AAPL) increased its Q1 global shipment goal for the iPhone to 20M-21M units from 19M units, Digitimes reports, citing sources with Taiwan-based component suppliers. The company's goal for WCDMA iPhones has been upped to 14M
CMCSA bid/ask gap remains wide so far this morning. GE is down 0.6% at last check.
According to the WSJ, Genachowski wants Comcast to observe ""net neutrality"" rules in giving competitors' videos the same treatment as its own for customers using its Internet service.
FCC Chairman Julius Genachowski has told the FCC's other commissioners that he supports Comcast's (CMCSA) offer to buy a controlling interest in General Electric's (GE) NBC Universal, subject to certain conditions, the Wall Street
H&R Block (HRB) is lower this morning after announcing that as a result of a regulatory directive by the Office of the Comptroller of the Currency (OCC), HSBC has given notice to H&R Block that it is immediately terminatin
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...