Category: Business News
Charter Communications Shares Touch New Record

Charter Communications Shares Touch New Record

Charter Communications (CHTR) shares rose to a new record on Wednesday as the company announced a content partnership with AMC Networks (AMCX). CHTR was up 2% at $350.27 recently, ...

Illinois Tool Works Posts Q1 Beat

Illinois Tool Works Posts Q1 Beat

Illinois Tool Works reported Q1 net income of $1.54 per diluted share, up from $1.29 for the same period last year, and ahead of the Capital IQ consensus forecast of $1.45. ...

Energy Stocks Lower

Energy Stocks Lower

Energy stocks were declining Friday, with the NYSE Energy Sector Index dropping about 0.5% while shares of energy companies in the S&P 500 were down 0.6% as a group. Crude oil for ...

Rockwell Collins Completes Acquisition of B/E Aerospace

Rockwell Collins Completes Acquisition of B/E Aerospace

Rockwell Collins said Thursday that it has completed its acquisition of B/E Aerospace, for $8.6 billion in total consideration, including debt assumed.With the acquisition, the ...

Oil Prices Retreat

Oil Prices Retreat

Oil prices were paring early gains on Wednesday despite government data showing a bigger than expected drop in US inventories of the hydrocarbon commodity, marking only the second ...

Middle East Stocks Mostly Lower

Middle East Stocks Mostly Lower

MidEast shares mostly fell, with Dubai finding only mild support from a rise in earnings at Dubai Islamic Bank. Dubai Islamic Bank said Q1 net profit attributable to ...

S&P 500 Down For the Week

S&P 500 Down For the Week

The Standard & Poor's 500 index edged down 0.3% this week, with declines in telecommunications, financial, consumer-discretionary and technology stocks outweighing gains ...

Delphi Automotive Invests in High Frequency Data Transmission Company

Delphi Automotive Invests in High Frequency Data Transmission Company

Delphi Automotive said Thursday it has made a strategic investment in Israel-based Valens, a provider of semiconductor products for the distribution of ultra-high-definition ...

CommScope Strikes Cross-License Deal With Kathrein

CommScope Strikes Cross-License Deal With Kathrein

CommScope, provider of network wired and wireless infrastructure equipment and services, said Wednesday it entered into a long-term agreement to cross-license portions of patent ...

New Concept Energy Rallies on Q4 Profit

New Concept Energy Rallies on Q4 Profit

Shares of New Concept Energy opened higher Tuesday after the company reported a profit for Q4. The company's shares were up 22%, at $2.17 per share in early trading. After the ...