Fine Print

Is a $1.3 Billion Fine for BofA Getting Off Cheap?

A sum of nearly $1.3 billion in a government fine would put most businesses out of business. However, if your corporate name is Bank of America Corp. (NYSE: BAC) or ...
Read Full Story »

Back-to-School Season Isn’t What It Used to Be

The back-to-school shopping season is traditionally second only to the end-of-the-year holiday season for retail sales. Sales could reach $84 billion -- not really close to the nearly $600 billion ...
Read Full Story »
Stock Split Image

Janet Yellen and FOMC Verdict on Tapering, Quantitative Easing, Rate Hikes

Janet Yellen and the Federal Reserve have released their statement for the July 29 to 30 FOMC meeting. As expected, we got more tapering of the monthly bond buying and ...
Read Full Story »
crude oil prices

Earnings and Value Duel for Exxon, Chevron and ConocoPhillips

This week is the apex of earnings season, and we have the big three oil giants on deck to report. Exxon Mobil Corp. (NYSE: XOM) and ConocoPhillips (NYSE: COP) will ...
Read Full Story »

Dear NQ, How Real Is Bison Capital?

Last October 24, shares of NQ Mobile Inc. (NYSE: NQ) dropped from an opening price of $23.00 per American Depositary Share (ADS) to close at $12.09 after falling as lows ...
Read Full Story »

Are Analysts Really Chasing Twitter Up as Much as It Seems?

It is impossible not to congratulate Twitter Inc. (NYSE: TWTR) for its earnings report. The issue here is that the initial reaction to the great earnings may have simply been ...
Read Full Story »
FLIRone-night vision

A Night Vision Case for iPhone 5

Want to see in the dark and look through walls? FLIR Systems Inc. (NASDAQ: FLIR) has just the gizmo for you. The FLIR One case for an Apple Inc. (NASDAQ: ...
Read Full Story »
credit cards

Nomura Sees Credit Card Growth Opportunities Remaining Ahead

Nomura is out with a report that bodes marginally well for banks issuing credit cards and private credit card issuance. Nomura's Bill Carcache is signaling that more issuers are now ...
Read Full Story »
Airbus A320neo

Airbus Reports Revenues, Profits Rise as Orders Remain Flat

Paris-traded Airbus Group reported results for the first half of 2014 Wednesday morning, and the news was mixed. Revenues and profits were higher than in the first half of 2013, ...
Read Full Story »

Gasoline Prices Continue Slide Despite Falling Crude Inventory

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 3.7 million barrels last week, maintaining a total U.S. commercial ...
Read Full Story »
Bull and Bear

Beyond Sell Stocks in May … Sell Stocks in August?

Investors have gotten used to seeing new Dow Jones Industrial Average (DJIA) and S&P 500 highs almost each week this year. That is with turmoil in Ukraine, Iraq, Syria and ...
Read Full Story »

Sprint Still Losing Subscribers, Still Keeping Investors in Suspense on T-Mobile Deal

Telecom giant Sprint Corp. (NYSE: S) reported second-quarter 2014 earnings before markets opened Wednesday. Diluted earnings per share (EPS) totaled $0.01, compared with an EPS loss a year ago of ...
Read Full Story »

Very Mixed Yet Positive Payrolls Data From ADP and TrimTabs

This week is a very busy week for employment data. We are still awaiting the Friday unemployment and payrolls report from the Labor Department, but we now have two preliminary ...
Read Full Story »

Q2 GDP Blowout — at Least on the Headline Data

It turns out that the first quarter drop of 2.9% in gross domestic product (GDP) was truly a blip, just like economists had been saying all along. What is more ...
Read Full Story »
Oil refinery

Valero Profits Jump on Lower Prices for Crude Oil and Corn

Oil refiner Valero Energy Corp. (NYSE: VLO) reported second-quarter 2014 earnings before markets opened Wednesday. Diluted earnings per share (EPS) totaled $1.22, compared with EPS a year ago of $0.84. ...
Read Full Story »