Leading financial and economic information provider FactSet Research Systems Inc. (FDS) recently disclosed that it has acquired Market Metrics Inc., a market research firm situated in the United States that is solely focused on surveys conducted on advisor and insurance products.
Bombardier Inc. reported a 5% drop in its second quarter earnings Thursday as the company said reiterated its plans to fly its new CSeries aircraft in the “coming weeks.”
The Montreal plane and train maker reported an adjusted net income of $158-million, or 9 cents a share, compared to $167-million, or 9 cents a share, a year ago. The result was in line with expectations.
Revenue for the quarter was up 7% to $4.4-billion.
The federal government has been partially shut down for 4 days, and it appears likely that the situation could continue for a while longer. As the shutdown continues, the political focus has begun to shift to the next deadline: the Treasury expects to exhaust its borrowing capacity by October 17. Goldman expects the Treasury’s cash balance to be depleted no later than October 31 and possibly quite a bit sooner.
By RJ TownerThe US' two home improvement giants, Home Depot (HD) and Lowe's (LOW) posted robust second-quarter results, riding the housing recovery to success. Let's dive into recent performance.
By Markus Aarnio:Gold prices are up 10% and silver prices are up 25% since the beginning of August 2012. Based on this observation I screened for mining companies to see if there were any analyst upgrades this month. I focused my search on gold and silver miners.
George Fisher submits: In 1797, English poet Samuel Taylor Coleridge wrote the famous line in the Rime of the Ancient Mariner: “Water, water everywhere; Nor any drop to drink.” 300 years later, the growing shortage of potable water brings these words new meaning.Founded in 1992, Energy Recovery Inc (ERII) is a smal
By Lei Guo:Peabody Energy Corporation (BTU) is one of the largest coal producers in the world. Its share price has tumbled since 2011, due to the industry's cyclical downturn. However, I would argue that the coal fundamentals remain strong in the foreseeable future and Peabody has the strength to withstand the downturn to eventually rebound.
Spruce Media, one of facebook's biggest ad buyers, has been sued by a former partner of founder Rob Jewell who claims he is owed money from equity sales in a company that preceded Spruce. (Download a copy of the complaint here.) Jewell tells us the claims are baseless.