Lastest Stories by Trey Thoelcke

Wealthy elites have co-opted political power to rig the rules of the economic game, warned Oxfam in a new report published ahead of this week's World Economic Forum in Davos.
Schlumberger reported fourth-quarter and full-year 2013 results before markets opened Friday morning, a day after the board of directors approved a 28% increase in the quarterly dividend.
American Express cited increased spending and borrowing by cardholders during the holiday season as a reason its fourth-quarter net income more than doubled.
Following an unexpected jump last month, builder confidence has essentially leveled out, according to the NAHB. Many markets continue to improve, which bodes well for future home sales.
Best Buy shares were crushed in premarket trading Thursday after the company reported disappointing holiday sales and forecast a larger-than-expected decline in quarterly operating margins.
Citigroup shared its fourth-quarter and full-year 2012 results before markets opened Thursday morning. The bank missed on both the top and bottom lines for both periods.
Before markets opened Thursday morning, UnitedHealth Group reported fourth-quarter and full-year 2013 results that topped consensus estimates on the top and bottom lines.
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a increase of 11.9% in the group’s seasonally adjusted composite...
ThinkstockBarron’s suggested this week that the recovery in the housing market could spell trouble for restaurant stocks going forward. But there seem to be two theories on what could happen....
While Apple CEO Tim Cook was in Beijing to meet Chairman Xi Guohua of China Mobile, the latter company announced that preorders for the iPhone have reached about 1 million units.
Twitter is getting a face-lift. And its new look of its website resembles the company's mobile apps for iOS and Android. The decision may have been a no-brainer for Twitter, because that is where its...
ThinkstockBeam Inc. (NYSE: BEAM), the maker of Jim Beam and Marker’s Mark alcohol brands, has agreed to be acquired by Japan’s Suntory Holdings. Suntory will pay $83.50 per share, which is a 25%...
Declining traffic and sales so far in January have prompted yoga-inspired clothing company Lululemon Athletica to lower its fiscal fourth-quarter guidance below analysts' estimates. Shares fall 7% in...
The search for a new CEO for BlackBerry is over. John S. Chen has promised to stay on at BlackBerry and the word "interim" has been dropped from his title as chief executive.
SAP reported better-than-expected preliminary fourth-quarter 2013 results before markets opened Friday, boosted by strong growth in cloud software sales.