Videos - In The News

  •      12:45 PM NRG Energy Inc. To Purchase Energy Plus

    NRG Energy Inc. (NYSE:NRG) plans to purchase a Philadelphia retail electricity and natural-gas provider for $190 million in cash.

    Based in Princeton, New Jersey NRG announced Tuesday that acquiring Energy Plus Holdings LLC would give the company an opportunity to widen its retail business...

  • 12:44 PM Rockwell Awarded $4 Million Order from Grizzly Oil Sands

    Grizzly Oil Sands, and independent oil sands company, has awarded a $4 million order to Rockwell (NYSE:ROK) and its Global Solutions team.

    Global Solutions will use the company's PlantPax process automation system to help Grizzly produce more than 5,000 barrels of oil per day at the first...

  • 12:37 PM Praxair Acquires Weldco

    Praxair Distribution, a subsidiary of Praxair (NYSE:PX), has acquired assets of Weldco, a market leader in Cincinnati, Ohio, which is one of the top 20 welding markets in the U.S.

    With 23 employees and sales of $8 million, Weldco is an independent distributor of industrial and specialty...

  • 12:31 PM Dick's Sporting Goods Reported Mixed Q2 Results, Issued Guidance

    Dick's Sporting Goods (NYSE:DKS) reported Q2 EPS of $0.52, ex-items, ahead of consensus estimates of $0.50 per share. Revenues for the quarter rose 6.6% year-over-year to $1.31 billion, missing consensus estimates of $1.32 billion. Consolidated same-store sales rose 2.5%.

    The company sees...

  • 12:28 PM Lockheed Awarded Up to $47 Million To Develop Unmanned Autonomous Technologies

    The U.S. Army awarded Lockheed Martin (NYSE:LMT) a $47 million contract to develop, demonstrate, and deliver autonomous technologies for unnamed air systems to support in-theater unmanned cargo resupply missions.

    Dan Spoor, vice president of Aviation Systems at Lockheed Martin Mission...

  • 09:25 AM AT&T Acquisition of T-Mobile Likely to Be Approved, Says Wells Fargo

    Wells Fargo (NYSE:WFC) thinks that AT&T (NYSE:T) has shown confidence that its acquisition Deutecshe Telekom's (DTEGY) T-Mobile will be approved by retaining financial advisers for divestitures related to the deal.

    The firm also notes that various companies, governors, and mayors-...

  • 09:22 AM Towers Watson Reported Q4 Results, Issued Guidance

    Towers Watson (NYSE:TW) reported Q4 EPS of $1.06, ahead of consensus estimates of $1.03 per share. Revenues for the quarter rose 13.5% year-over-year to $851.3 million, vs. consensus estimates of $814.0 million.

    The company sees Q1 EPS of $1.02 to $1.07, vs. consensus estimates of $1.06...

  • 07:56 AM Nordstrom To Open Non-Traditional Store In New York City

    The New York Times reported that Nordstrom (NYSE:JWN) is finally opening a full-priced store in New York City, but the store won't be called Nordstrom, and it won't have the traditional feel or merchandise of one of the retailer's stores.

    Furthermore, the new store will be less than 10%...

  • 03:19 PM Johnson & Johnson's McNeil Rcalling Tylenol Cold Nighttime Gelcaps

    Johnson & Johnson's McNeil Consumer Healthcare is voluntarily recalling, at the retail and wholesale level, certain lots of products containing Tylenol Cold-Multi Symptom Nighttime Rapid Release Gelcaps distributed in the U.S. and Puerto Rico.

    This is not a consumer level recall and...

  • 01:34 PM Impax & GlaxoSmithKline Parkinson's Drug Meets Main Goal in Study

    Impax Laboratories and GlaxoSmithKline (NYSE:GSK) said that their extended-release experimental drug for Parkinson's disease met its main goal in a late-stage study. The clinical trial measured the effectiveness of the drug, IPX066.

    Patients treated with the drug had significantly less "...