Chevron Names Michael Wirth CEO
On Thursday, Chevron Corp. (NYSE:$CVX) named Michael Wirth as its new CEO. This move suggests that Chevron is trying to cope with a prolonged period of lower oil prices by hiring an engineer who has …
Rite Aid Shares Plunge After Disappointing Q2 Sales and Revenue
It appears the retail sector took yet another beating today. On Thursday, Rite Aid (NYSE:$RAD) shares tumbled after the drugstore operator posted revenue that missed expectations and said same-store sales dropped 3.4%.
Rite …
Whole Foods Discovers Data Breach of Credit Card Information
Remember when Whole Foods was making constant headlines because Amazon (NASDAQ:$AMZN) was acquiring it? Well, now Whole Foods is back in the news, but not necessarily for a good reason.
On Thursday, the …
FCC Chairman Asks Apple to Activate FM Radio on Every iPhone
FCC chairman Ajit Pai has asked Apple (NASDAQ:$AAPL) to activate the FM radio that is hidden inside of every iPhone. On Thursday, September 28, Pai asked that Apple “reconsider its position, given the devastation wrought …
Blackberry Surpasses Analyst Expectations With $19 Million
Today, Blackberry Limited (NASDAQ:$BBRY) reported a profit in its latest quarter in comparison to a loss in the 2016 period. The Waterloo-based company saw its software and service revenue reach a record high.
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Why You Should and Shouldn’t Buy Ford Motor Stock Today
One of the most controversial investments at the moment, Ford Motor Company (NYSE:$F) is a cheap buy, but at the price of a massive dividend for an industrial firm.
With both bears and …
Will Bank of America Ever Break From its Stagnancy?
From June 2016 to March 2017, Bank of America (NYSE:$BAC) stock more than doubled, from $12 to $25. In the six months since, the stock has ping-ponged between $22 and $24, not a cent more. …
If Mobile is the Future of Digital Gaming, Zynga is Doing It Right
Personal mobiles have become the preferred platform for playing digital games. For video game developers such as Zynga (NASDAQ:$ZNGA), Electronic Arts (NASDAQ:$EA), Take-Two Interactive (NASDAQ:$TTWO), and Activision Blizzard (NASDAQ:$ATVI), this presents a massive revenue growth …
Chesapeake Energy Sustains Uptrend, Rides Crude Oil Momentum
In the week ending on September 22, Chesapeake Energy (NASDAQ:$CHK) saw a 5.5% increase in stock, sustaining its upward trend. But, in the bigger picture, Chesapeake Energy stock has fallen 39% since the beginning of …
The Impact of Recent Calamities on Berkshire Hathaway’s 2H17 Earnings
On the rebound of the BNSF Railway and manufacturing revenues back by the policies of the Trump administration, Berkshire Hathaway (NYSE:$BRK.B) has seen a strong operating performance in recent quarters. The firm is also seeing …