Account
Truckers considering natural gas as an alternative to high-priced diesel say the cost of vehicles that run on the cheap and cleaner-burning fuel is still too high for them to see a timely payback on their investment.A push to run more of the nation's truck fleet on cleaner, domestically produced natural gas is rapidly gaining momentum.Suppliers like T. Boone Pickens' Clean Energy Fuels, Royal Dutch Shell and China's private ENN Group are scrambling to build natural gas fueling stations along U.S. highways, while Cummins-Westport Inc will begin later this year selling a 12-liter natural gas engine able to power the biggest trucks on the road.Truck companies too, are enthusiastic - up to a point.The trucks that will sport the new engine, made by a joint venture of Cummins Inc and Westport Innovations Inc, will have expensive tanks for storing compressed or liquefied natural gas. With the industry still reeling from an economic slump that pushed margins below 5 percent, truckers have litt...
FBN's Cheryl Casone breaks down mid-afternoon market news.
Stocks opened lower as investors digested a bleak assessment for global growth and waited to see whether the start to third-quarter earnings season also would unders...
Owens Corning (NYSE:OC) took an axe to its 2012 earnings targets on Tuesday due to trouble for its roofing and composite businesses, marking the second downgrade in ...
Reed Elsevier PLC (RUK, REL.LN) hired Duncan Palmer, Owens Corning's (OC) former chief financial officer, to replace Mark Armour, who is retiring at the end of the y...
Reed Elsevier (REL.LN), a publisher and information provider, Thursday announced that Duncan Palmer will replace Mark Armour as Chief Financial Officer.MAIN FACTS:-W...
Anglo-Dutch publishing group Reed Elsevier PLC (RUK) has chosen Duncan Palmer to replace Mark Armour as chief financial officer, the Financial Times reported on its ...
The Consumer/Non-Cyclical sector (XLP) showed little movement while the S&P 500 gained 0.7% during trading today.Le Gaga Holdings Ltd ADR (NASDAQ:GAGA) was a major l...
The Consumer/Non-Cyclical sector (XLP) showed little change during trading today while the S&P 500 rose 0.7%.The ETF, as a proxy for the sector, tracked closer to th...
RBC Capital Markets analyst Robert Wetenhall on why he's optimistic about housing.
On a trading day that saw the S&P 500 gain 0.1%, the Consumer/Non-Cyclical sector (XLP) showed little change.Although it went in the opposite direction of the market...
During trading today, both the Consumer/Non-Cyclical sector (XLP) and the S&P500 showed little movement.Although it went in the opposite direction of the market toda...
During trading today, the Consumer/Non-Cyclical sector (XLP) showed little change while the S&P 500 fell 0.4%.As a proxy for the sector, the ETF tracked closer to th...
Earnings HQ: FBN’s Diane Macedo breaks down OC’s fourth-quarter earnings report.
FBN’s Diane Macedo breaks down the stories moving the markets around the world.
FOX Business: Capitalism Lives HereWall Street closed its first trading day back following a two-day closure triggered by Hurricane Sandy lightly changed. However, t...
Hurricane Sandy has caused tens of billions of dollars in damage up and down the U.S. East Coast, but the recovery and reconstruction spending that will follow could...
While the East Coast attempts to clean up from Hurricane Sandy, the super storm is already proving to be a boon for the stock prices of companies that could benefit ...
FOX Business: Capitalism Lives HereAfter initially starting off on a positive note, U.S. stocks dipped into the red Wednesday morning as Wall Street returns from its...
Stocks tumbled after a disheartening economic growth forecast from the International Monetary Fund put investors on the defensive ahead of the start to corporate-ear...
