Monday, February 29, 2016

Why Federal-Mogul Holdings Corp. Shares Skyrocketed and other top stories.

  • Why Federal-Mogul Holdings Corp. Shares Skyrocketed

    Why Federal-Mogul Holdings Corp. Shares Skyrocketed
    Whether we're in the midst of earnings season or riding out the market's lulls, you want to know the best strategies for your money. And you'll want to go beyond the hype of screaming TV personalities, fear-mongering ads, and "analysis" from people who might have your email address ... but no track record of success. In short, you want a voice of reason you can count on. A 2015 Business Insider article titled, "11 websites to bookmark if you want to get rich," rated The Motley Fool as the #1 pl..
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  • Workday (WDAY) Stock Declines in After-Hours Trading on Weak Revenue Guidance

    Workday (WDAY) Stock Declines in After-Hours Trading on Weak Revenue Guidance
    NEW YORK (TheStreet) -- Workday (WDAY - Get Report) stock is down 0.53% to $60.13 in after-hours trading on Monday after the software company issued lower-than-expected fiscal 2017 first quarter revenue guidance. The Pleasanton, CA-based company provides enterprise cloud applications for financial and human resources departments. The company set its fiscal 2017 first quarter revenue outlook at $337 million to $339 million, below estimates of $343.31 million. Additionally, Workday reported fin..
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  • GoPro Shells Out $105 Million For Two Video Editing Startups To Address Its Biggest Problem

    GoPro Shells Out $105 Million For Two Video Editing Startups To Address Its Biggest Problem
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  • Argentina's Debt Settlement Ends 15-Year Battle

    Argentina's Debt Settlement Ends 15-Year Battle
    Photo The Argentinian Navy’s training ship, the Libertad, in port in Ghana in 2012. Credit Elena Craescu/European Pressphoto Agency The announcement of a $4.65 billion agreement between the Argentine government and four “holdout” hedge funds promises to end a 15-year battle that started when the government defaulted on $100 billion in debt in 2001.The hedge funds refused to accept a steep discount in two restructurings over the years, while others took 30 cents on the..
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  • S&P 500 slides below closely watched threshold

    S&P 500 slides below closely watched threshold
    Wall Street ended lower on Monday, falling out of lockstep with oil prices as energy and healthcare shares lost ground.U.S. indexes gave up early gains despite a 3 percent rally in U.S. oil prices. Stocks and oil have been strongly correlated in recent months as crude prices tanked to decade lows, and their movements in opposite directions during the session was notable to investors.Following gains last week, technical trading dominated the action as the S&P 500 fell below its 50-day moving av..
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  • Lumber Liquidators sees stock fall after CDC links flooring to cancer risk

    Lumber Liquidators sees stock fall after CDC links flooring to cancer risk
    A Lumber Liquidators Holdings store in Lombard, Ill. (Daniel Acker/Bloomberg News) Lumber Liquidators, the largest U.S. hardwood-flooring specialty retailer, reported another rough quarter of financial results Monday as it seeks to recover from claims it sold Chinese-made laminates containing possibly dangerous levels of formaldehyde. The report comes after the Centers for Disease Control and Prevention said recently it had revised its earlier analysis of the suspect flooring and found a h..
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  • Warren Buffett Says He May Have Made This Investing Mistake

    Warren Buffett Says He May Have Made This Investing Mistake
    Warren Buffett, chairman and chief executive of Berkshire Hathaway, told CNBC on Monday the firm’s ownership of IBM INTERNATIONAL BUSINESS MACHINES CORP. IBM -0.76% shares could prove a mistake and that he was buying more U.S. stocks overall since the end of last year. “We’ve owned stocks that we’ve lost money in,” said Buffett, the world’s third-richest person. “If I’m wrong, you sell them out and take a big loss. We’ve done that on a few occasions with stocks and bonds over the years...
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  • Uncertain future as gas prices continue to rise

    Uncertain future as gas prices continue to rise
    TRANSPORTATION Uncertain future as gas prices continue to rise Comment Posted Feb. 29, 2016 at 1:33 PM Posted Feb. 29, 2016 at 1:33 PM HESPERIA — As fuel experts and consumers predicted, gasoline prices have begun to rise in the High Desert and across California.On Leap Day Monday, average retail gas prices in San Bernardino County rose 4.5 cents per gallon over the past week, to an average of $2.41 per gallon. This compares with ..
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  • Valeant under investigation by SEC: Bloomberg

    Valeant under investigation by SEC: Bloomberg
    Shares in Valeant Pharmaceuticals International Inc fell as much as 21 percent on Monday after the embattled drugmaker revealed that it was under investigation by the U.S. Securities and Exchange Commision.“Valeant confirms that it has several ongoing investigations, including investigations by the U.S. Attorney’s Offices for Massachusetts and the Southern District of New York, the SEC, and Congress,” said Laurie Little, a Valeant spokeswoman.She said the company confirmed that it "received a ..
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  • Stocks lower as early gains fade; oil higher

    Stocks lower as early gains fade; oil higher
    NEW YORK A gauge of global equity stocks turned lower on Monday as oil prices pulled back from earlier highs and investors took profits on last week's gains.Saudi Arabia announced a plan to work with OPEC members Venezuela and Qatar and non-OPEC producer Russia on a plan to freeze oil output at January highs.A Reuters survey also indicated the Organization of Petroleum Exporting Countries pumped less crude this month than in January, boosting market sentiment.Oil's move higher initially helped..
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College bans energy drinks because they can lead to 'high-risk' sex .City of St. Petersburg employee dies from injuries in January crash .
State basketball: St. Petersburg delivers the drama, advances to 7A ... .St. Petersburg woman wins $1M in lottery .

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