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Tesla shares sink 7% despite record car sales

Tesla reported record sales for the third quarter, but its high-flying stock still suffered a sell-off on the news.

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Gun sales surge 26% at Sturm Ruger

Sturm, Ruger & Co. reported a huge uptick in gun sales and profit for the first quarter.
Latest financial news . . . → Read More: Gun sales surge 26% at Sturm Ruger

Cyber Monday outlook: big deals, record sales

Did you skip the lines on Black Friday? There’s still Cyber Monday — and analysts are expecting an abundance of deals to bring in record online sales this year.
Latest financial news . . . → Read More: Cyber Monday outlook: big deals, record sales

BP May Be Preparing More Asset Sales

Several media have reported that BP will increase its target for asset sales to as high as $ 40 billion. This almost certainly mean disposing of its aging oil field holdings in Prudhoe Bay, Alaska, which may be worth as much as $ 20 billion.
. . . → Read More: BP May Be Preparing More Asset Sales