A company is a limited liability legal entity whose purpose is to produce a product or deliver a service to the marketplace for profit. A company is considered to be the next step in the evolution of the sole proprietorship.
Peabody Energy Corporation (NYSE/BTU) shares plunged on Friday, June 26th, following an unfavorable ruling by the Supreme Court decision.Because of new regulations on carbon emission rules by the Environmental Protection Agency, utilities have been shuttering some coal-fired plants. Today’s ruling by the Supreme Court deems. Read More
On Tuesday, June 16, Citigroup Inc. (NYSE/C) added the Monster Beverage Corporation (NASDAQ/MNST) to its ‘Focus List,’ calling the energy drink company its “top [stock] pick” in the U.S.Citigroup maintained its “buy” rating on the company, upping its target price to $155.00. As a result, Monster jumped nearly four percent. Read More
On June 8, 2015, McDonald’s Corp. (NYSE/MCD) announced that global comparable sales decreased 0.3% in May. However, global sales edged in above expectations. (Source: McDonald’s, June 8, 2015.)McDonald’s is the world’s leading global food service retailer with over 36,000 locations serving approximately 69. Read More
Citigroup Inc. (NYSE/C) is expected to close its Banamex USA operation after government authorities began probes of possible violations of anti-money laundering laws, according to The Wall Street Journal. (Source: The Wall Street Journal, May 31, 2015.)Incorporated on March 8, 1988, Citigroup Inc. is a financial services holding. Read More
As corporate earnings tumble in, equity market action has been more tuned to stronger oil prices. A number of companies have now reported, and the numbers aren’t that bad. It’s still in the early stages, of course, but so far, there have been a lot of good financials. Having said that, sales growth has been missing early this corporate. Read More