Chevron's Quarterly Profit Falls on Lower Oil Prices
Chevron says its quarterly profit fell 5 percent in the first quarter as oil prices slipped.
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Bristol-Myers Earnings Plunge as Sales of Plavix Plummet
Bristol-Myers Squibb posted a 45 percent drop in first-quarter profit as revenue from its Plavix blood-thinning drug plunged 95%.
What Every American Should Know About the Capital Gains Tax
One of the most contentious issues in the debate over how the U.S. government can increase its revenues involves the capital gains tax rate -- the rate investors pay on their profits. Here's what you need to know to understand just what both sides are arguing about.
McDonald's Sales Drop for First Time Since 2003
McDonald's is having trouble stomaching the competition. The world's biggest hamburger chain said Thursday that global revenue fell for the first time in nearly a decade in October, as the company faced intensifying competition and a challenging economy.
Wall Street Watch Friday: Starbucks Earnings, Hot and Sweet
Starbucks posted strong quarterly results after Thursday's market close. Revenue climbed 11% for the premium coffee house chain to $3.36 billion, with earnings of 46 cents a share. It's a far cry from a few years ago, when the chain was on the retreat due to the recession.
Wall Street Watch Thursday: Goodbye Ruby Tuesday
Ruby Tuesday posted distinctly uninspiring quarterly results after Wednesday's market close. So is it time for investors to leave behind this stagnant casual dining concept?
Wall Street Watch Wednesday: Yum Brands Is Delicious
Things are getting tastier at Yum! Brands. The company behind Taco Bell, Pizza Hut, and KFC posted strong quarterly results after Tuesday's market close.
Municipal Bonds Aren't Just for the Rich Anymore
This income investment has become more attractive recently. Yet because it's perceived as being strictly for the wealthy, many ordinary Americans never think twice about it.
Why BP Will Never Be Great Again
BP has big problems, and not just because of the Gulf of Mexico oil spill and the $20 billion compensation fund it set up to pay the victims. The petro-giant has been missing Wall Street's profit targets lately, thanks to sloppy operations and a general trend toward lower gasoline consumption.
Score! NFL to Grab $7 Billion a Year in Broadcast Deals
The NFL has something broadcasters lust after: a reliably strong source of ratings. So as its football games migrate onto smartphones, iPads, and anything else with a screen, its no surprise that CBS, Fox and NBC -- not to mention Sirius, Westwood One Radio and Verizon -- are all lining up to pay billions to carry them.
The Three Key Ways LinkedIn Makes Money
Trefis currently has a $30 price estimate for LinkedIn stock -- about a third of the market price. Why the disparity? Take a look at the prospects for the three businesses that bring in the vast majority of LinkedIn's revenue, and the answer becomes clear.
Trefis Values LinkedIn at Just $30 a Share: Here's Why
Trefis put a value estimate of $30 a share on LinkedIn as it launched its IPO Thursday. Shares actually opened at $83, raced past $100, and closed at $94.25. Wondering why the Trefis estimate is so much lower? Let's re-examine the fundamentals, and how they arrived at that number.
Mobile Data Profits Make Sprint a Buy
Based on Sprint's improving average revenue per user for mobile data service and the growth rate of its subscriber base, Trefis has raised its outlook for the telecom giant.
A Bear Outlook for Apple? Analysts Cautious on Sales
Apple's shares are trading at about $347, just shy of their all-time high of $364.90, which they hit in February. It's second quarter earnings were record-breaking. So why are some analysts beginning to worry about Apple's stock?
Jackpot! States With Biggest Lottery Payouts
Lotteries are big businesses in most states, and they can provide windfalls for both the winning ticket-holders and state coffers. But which states give the most back to ticket-holders and through government services?