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T. Boone Pickens: 'We Desperately Need A Energy Plan To Get Off OPEC'
Friday, June 26, 2015 - 12:40pm | 444After being right with his prediction of oil moving back to the $60/barrel mark, famous energy investor and BP Capital chairman T. Boone Pickens is now predicting that oil will be back to the $70 mark by the end of this year. Pickens was on Fox Business News Friday to discuss what's driving...
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Macy's CEO On Successful Online Business: Goal Is To Surpass Netflix
Thursday, June 18, 2015 - 2:55pm | 400Shares of omni-channel retailer Macy's, Inc. (NYSE: M) have been on a continuous bull run over the last five years, up by over 228 percent. However, contrary to popular opinion, much of that growth hasn’t come from the company’s brick and mortar stores, but rather through its e-...
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AT&T Fined $100 Million; FCC Is 'Ignoring Facts In Search Of A Good Story'
Wednesday, June 17, 2015 - 4:52pm | 364The Federal Communications Commission announced on Wednesday that it plans to impose its largest fine ever of $100 million on AT&T Inc. (NYSE: T) for violating the agency’s 2010 Open Internet Order and misleading users about the speed of its unlimited data plans. FCC Commissioner Ajit...
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Betting On Cancer Treatment? Keep An Eye On This Company
Tuesday, May 26, 2015 - 3:02pm | 396NeoStem Inc (NASDAQ: NBS) recently received a grant of $17.7 million to fund the company's effort in research of cell therapy products for cancer from California Institute of Regenerative Medicine. Following the announcement of the grant, shares of NeoStem rose by over 20 percent. NeoStem CEO...
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Blackstone CEO Schwarzman Talks Global Real Estate, Mega-Deals & More
Friday, May 1, 2015 - 10:49am | 874On April 28, Fox Business journalist Maria Bartiromo sat down with Blackstone Group LP (NYSE: BX) Chairman and CEO Steve Schwarzman, to probe how the recent $23 billion real estate asset purchase from General Electric Company (NYSE: GE)'s GE Capital came to fruition. Schwarzman had a simple...
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Apple, Dish Network Reportedly Want Nothing To Do With 'The Interview'
Wednesday, December 24, 2014 - 9:26am | 175Sony Corp (ADR) (NYSE: SNE) can now scratch off Apple Inc.'s (NASDAQ: AAPL) iTunes as a potential venue to launch its controversial film, 'The Interview.' According to BGR, Sony may have approached Apple to explore an on-demand release of the film. Apple demonstrated no interest whatsoever in...
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Bill Ackman Updates Investors on Personnel Change, Herbalife
Wednesday, January 29, 2014 - 4:54pm | 626On Wednesday, Pershing Square Capital Management revealed that Shane Dinneen has resigned from the company. Dinneen was the analyst responsible for conducting research on Herbalife (NYSE: HLF) prior to the investment firm initiating its massive short position in the company. In a letter to...
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Boeing Dreamliner May Fly Soon
Thursday, April 18, 2013 - 8:49am | 606The Boeing Company’s (NYSE: BA) three-month old Dreamliner nightmare might soon be over. According to Reuters, the Federal Aviation Administration is close to approving a document, known as a Project Statement of Compliance, as early as next week. Approval of the document would officially set...
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Tesla Gets a Rally From Morgan Stanley Upgrade and Optimistic Outlook of CEO
Monday, September 17, 2012 - 3:51pm | 498Tesla Motors (NASDAQ: TSLA), maker of electric vehicles and electric vehicle components, got a boost in early trading Monday following an upgrade at Morgan Stanley and some encouraging comments from its founder and Chief Executive Officer, Elon Musk. Morgan Stanley released an encouraging report...
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Roger Ailes On Mark Haines: "Deeply Saddened"
Wednesday, May 25, 2011 - 5:04pm | 86Roger Ailes, the former President of CNBC, and current Chairman & CEO of FOX News and FOX Business released a statement about the death of CNBC anchor Mark Haines last night. Ailes worked with Haines during his tenure at the business news station. Ailes said of his former colleague's...
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Charlie Gasparino Reporting Tender Offer From NASDAQ And ICE For The NYSE Is Being Discussed
Tuesday, April 26, 2011 - 6:10pm | 239FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that “a tender offer is now being discussed” by officials at NASDAQ and the Intercontinental Exchange (ICE) for the New York Stock Exchange (NYSE) and that the offer is likely to happen “after the Thursday board meeting” of...
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Steve Wynn Tells Fox Business The President Is Lying To Americans
Thursday, April 21, 2011 - 1:24pm | 416Billionaire casino owner and CEO of Wynn Resorts Steve Wynn spoke candidly with FOX Business Network's (FBN) Neil Cavuto about the economic situation in the United States. Wynn says “you guys on television use the term 'disingenuous' when the president says something that isn't true; that's a fancy...
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T. Boone Pickens Tells Fox Business Network Oil Could Hit $130
Monday, February 28, 2011 - 6:36pm | 875In an interview to appear today on FOX Business Network's (FBN) Bulls & Bears (4 PM/ET), oil tycoon T. Boone Pickens speaks with anchors Liz Claman and David Asman about how the turmoil in the Middle East will affect the price and supply of oil. Pickens says that the price of oil is “going to...
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Charlie Gasparino: CME Could Go Hostile For NYSE Euronext (NYX, CME)
Monday, February 14, 2011 - 2:35pm | 106Charlie Gasparino is reporting that a potential love triangle could be happening between the CME Group (NASDAQ: CME), NYSE Euronext (NYSE: NYX) and Deutsche Borse. The CME could pursue a hostile bid for the NYSE, and the company refuses to deny the speculation. Gasparino is reporting that the CME...
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Charlie Gasparino Reporting ACA Suing Goldman Sachs Over Abacus Deal (GS)
Thursday, January 6, 2011 - 5:20pm | 264Fox Business Network (FBN) Senior Correspondent Charlie Gasparino reports that “ACA Capital is suing Goldman Sachs for 120 million dollars for compensatory and other damages” over the ABACUS deal. ACA Capital is alleging that Goldman Sachs “told ACA Paulson was long on the ABACUS investment” when...