The greater the snowpack water content, the greater the chance that California’s reservoirs will receive ample runoff as the snowpack melts to meet the state’s water demand in the summer and fall.
Revenue was virtually unchanged year over year at $1.3 billion, but profit fell precipitously, from $166 million last year to a loss of $4.4 billion in the most recent fourth quarter. “The company will shift most of the resources in this area toward more forward-leaning...
Chipotle Mexican Grill’s stock climbed on Tuesday for a second consecutive day, ahead of the restaurant chain’s fourth-quarter report, on bets that the fallout from recent outbreaks of food-borne illness has been fully priced in.
As a result, it is planning even more restructuring of the business, and said it will “reduce the number of staff and contractor roles in the upstream segment by around 4,000 during 2016 and by up to 3,000 from the downstream by the end of 2017”.
A Tuesday earnings call from a mall operator included its CEO’s analysis on the kinds of brick-and-mortar stores the company expected to see in the marketplace, and it included a staggering guess for one upstart brick-and-mortar retailer: up to 400 Amazon Books locations.
Exxon Mobil Corp on Tuesday reported its smallest quarterly profit in more than a decade and said it will cut 2016 spending by one-quarter and suspend share repurchases as it copes with a prolonged downturn in crude prices.
The Justice Department has confirmed it is helping the EPA, where one high-ranking official has resigned, and said Tuesday that the Federal Bureau of Investigation is working with a multi-agency team investigating the lead contamination. Creagh hopes “to be able to say...
According to latest report by the US Centers for Disease Control and Prevention (CDC), these two outbreaks appear to be over, with the most recent illness started on December 1, 2015.
Rep. Brad Sherman, a Democrat who lives in the Porter Ranch neighborhood, announced Tuesday that he’s introducing legislation aimed at preventing future gas leaks by directing the federal Pipeline Hazardous Materials Safety Administration to set safety standards for natural...
In a letter to the company’s Board, Starboard Value expressed its frustration on Yahoo’s leadership because of core business “failed to deliver acceptable results” despite its efforts and billions of dollars spent on acquisitions over the past three years....
The shares of Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), the parent company of Google surged after reporting better-than-expected financial results for the fourth quarter of 2015. Alphabet’s market cap is now approximately $547.1 billion compared to Apple’s $529.3 billion.
(NYSE:APD) implies that investors are highly hopeful for the organization to create more value from the given set of assets. (APD) experienced unusually high volume on February 02, as the stock lost 0.7% to a closing price of $130.34. Approximately 1,862,339 shares changed hands...