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First-quarter GDP revised lower, Lockheed Martin (LMT) won $1.9 billion Air Force deal and durable goods orders dropped in May

Wed 06/25/14 - 9:52 AM | (No Comments)

Markets were heading lower after news was released that the U.S. economy sank further than previously expected during the first-quarter. The Commerce Department announced that gross domestic product dropped at an annual rate of 2.9%, which marks the worst...

Orcale Corp (ORCL) to buy MICROS (MCRS), U.S. home sales up and Lululemon (LULU) shares on the rise

Mon 06/23/14 - 1:48 PM | (No Comments)

Markets were relatively flat on Monday morning as news was released that Oracle Corporation (ORCL) would be buying MICROS Systems, Inc. (MCRS) in a deal that will total nearly $5.3 billion. Oracle is a software maker based out of...

Darden Restaurants (DRI) shares sinking, Kraft (KRFT) places recall and Oracle Corp (ORCL) shares fall on earnings.

Fri 06/20/14 - 10:37 AM | (No Comments)

Markets were relatively flat as shares of Darden Restaurants Inc. (DRI) were sinking after quarterly profit fell 35%. The large drop was partially attributed to charges that were linked to the restructuring plans to reshape the company, they are...


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