Hewlett-Packard is planning on making some big changes to its personnel. According to the New York Times, HP’s CEO Meg Whitman announced the company will be cutting 30,000 or more jobs next week. The move is in an effort to save money and spend it on increasing the efficiency of the company’s sales force. HP [...]

El Paso Pipeline (NYSE:EP) announced it would acquire the remaining 14% interest in Colorado Interstate Gas and all of Cheyenne Plains Investment, which owns Cheyenne Plains Gas Pipeline from El Paso Corp for $635 million and assume about $242 million in debt. El Paso Corporation operates natural gas pipeline and storage facilities, transports natural gas, [...]

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Happy Friday and the listing day of Facebook. Mark and Sheryl rang the bell at NASDAQ and it was a very emotional moment because their story represents the essence of American Dream. On the trading side, the company was set to print its first trade at 11am, but it was delayed for 30 minutes. We [...]

This twentieth trading week of 2012 comes to a close with investors assessing the deteriorating situation in Greece and closely monitoring the IPO of Facebook (FB). Hi.

Canadian Pacific (CP) was upgraded today by Citigroup (C) from neutral to buy with a price target of $90, as the end of the proxy battle should mark a turnaround at the company. Shares are lower by about 2.4 percent.

In trading on Friday, precious metals shares were relative leaders, up on the day by about 3.1%. Leading the group were shares of Golden Minerals (AUMN), up about 14.4% and shares of Lake Shore Gold (LSG) up about 9% on the day.

Foot Locker (FL) announced that it earned $128 million, or 83 cents per share, up from $94 million, or 60 cents per share, in the same period last year. Revenue increased by 8.7 percent to $1.58 billion from $1.45 billion.

It keeps getting worse for JP Morgan Chase. The big bank is currently down over 3% in early trading on news their trading loss might increase.According to the New York Times, the originally reported $2 billion trading loss has surged by at least $1 billion. JP Morgan CEO Jamie Dimon said that the $2 billion [...]

Dollar Tree (NASDAQ:DLTR) reported positive earnings this morning. Posting an Q1 EPS of $1, topping estimates of $0.97. The company reported revenues of $1.72 billion, also above estimates of $1.69 billion. However, Dollar Tree’s outlook for the next quarter and beyond is not as spectacular. The company sees Q2 EPS 87c-93c vs. estimates of 95c, [...]