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Videos

  • 03:23 PM Downgrade Alert for Stoneridge

    Stoneridge (NYSE:SRI) was downgraded from Buy to Hold at BB&T Capital today. The stock closed yesterday at $5.95 on volume of 364,000 shares, above average daily volume of 75,000.

    Stoneridge (NYSE:SRI) has potential upside of 86.5% based on a current price of $5.27 and analysts'...

  • 03:23 PM Airbus and Chinese Energy Company to Develop Alternative Plane Fuel

    European aircraft manufacturer Airbus announced Monday that it has entered into a partnership with China's Sinopec to promote the production of alternative aviation fuels. The new energy source will be a bio-jetfuel made in Sinopec's Hangzhou refinery from biomass and oil waste.

    The new...

  • 03:23 PM United Airlines Receives First Boeing Dreamliner

    United Airlines officially received its first Boeing 787 Dreamliner Saturday, making it the first North American airline to have one. The new aircraft is fitted to carry about 220 customers, offering larger windows, more storage space, and lower emissions.
    The carrier will be putting the...

  • 10:23 AM Village Voice Assets Acquired by Voice Media Group

    Village Voice Media Holdings announced in a release today that it will be selling its print and online properties to the Voice Media Group. The deal also includes the national advertising arm of Village Voice Media.

    The buyers will continue to serve local markets with print publications...

  • 10:23 AM Lennar Reports Stellar 3rd Quarter Profit

    Lennar Corp. (NYSE: LEN) reported its fiscal third quarter earnings today, seeing a huge rise in profit. The company announced a net profit of $87.1 million, up from $20.1 million in 2011, making for a 320% increase. Lennar saw an EPS of $0.40, beating analyst estimates of $0.28. Revenue was...

  • 10:09 AM What's in the News Today September 24th, 2012

    Good Morning! You are watching The Financial News Network on FNNO.com, I'm Geoffrey Parrish and here is what's in the news this morning, September 24th, 2012. According to the Wall Street Journal, as 2012 heads to Q4, money managers who caught the year's rally are sitting on percentage gains...

  • 10:09 AM Apple Sells Over 5 Million iPhone 5's in First Weekend

    Good morning, you are watching The Financial News Network on Fnno.com, I'm Geoffrey Parrish. If you thought that weekends were only a sales bonanza for movies, think again. The new iPhone 5 launched Friday September 21st, and Apple has announced that it sold over five million iPhone 5's in the...

  • 03:38 PM Xstrata Decision to Accept Glencore's Takeover Bid Extended

    The takeover of Xstrata by Glencore is being extended by at least another week. Britain's takeover regulator has given Xstrata an extra week to decide whether to accept the $36 billion revised offer from Glencore.

    This delay is yet another road block in the process of getting the...

  • 03:37 PM Downgrade Alert for Goodyear Tire & Rubber

    Goodyear Tire & Rubber (NYSE:GT) was downgraded from Buy to Hold at Keybanc today. The stock closed yesterday at $13.38 on volume of 3.4 million shares, below average daily volume of 4.8 million.

    In the past 52 weeks, Goodyear Tire & Rubber share prices have been bracketed by a...

  • 03:37 PM Downgrade Alert for LG Display

    LG Display (NYSE:LPL) was downgraded from Buy to Neutral at UBS today. The stock closed yesterday at $13.13 on volume of 335,000 shares, below average daily volume of 493,000.

    LG Display (NYSE:LPL) defies analysts with a current price of $12.82, above its average consensus price target of...