118167478

European Central Bank Sits on Its Hands

The European Central Bank (ECB) may have found that it has its back up against the wall when it comes to monetary policy and interest rates, versus a declining economy ...
Read Full Story »
124668669

Crude Oil Price Tumbles Below $90 on Saudi Price Cuts

West Texas Intermediate (WTI) crude oil fell to a low of $88.18 a barrel in electronic trading early Thursday morning, and although it has bounced off that low, the price ...
Read Full Story »
157140737

Jobless Rate Still Above 10% in Several Cities

The recession has not left a number of cities, mostly in central California, which is racked by drought and a slow recovery from the housing bubble. As the national unemployment ...
Read Full Story »
2014 F-150

Ford F-Series Sales Threatened by Silverado, Ram

Part of Ford Motor Co.'s (NYSE: F) teetering plan to improve its fortunes between now and 2020 depends on the sales of its flagship F-Series pickup. To give some idea ...
Read Full Story »
SL550

Mercedes Sales Top BMW in September

In the monthly race among luxury car sales, Mercedes bested BMW in September. Both manufacturers deny the numbers are important. They would rather have profitable sales than large ones. However, ...
Read Full Story »

Cars With the Oldest Buyers

As the U.S. economy continues to recover, domestic car sales for 2014 are projected to come close to an all-time high. But while the auto sales have picked up, especially ...
Read Full Story »
100279619

Angry Birds Maker Rovio Slashes Jobs

Angry Birds must not be much more than a fad, as had been the case with many mobile games. Its recent failure caught up to Rovio, its parent, which slashed ...
Read Full Story »
Bank of America

BofA Promotes CEO Moynihan to Chairman as Well

Bank of America Corp. (NYSE: BAC) has made some serious corporate governance news that could change how the bank's oversight is handled in the years ahead. The company announced on ...
Read Full Story »
ebay logo

Ratings Agency No Fan of eBay-PayPal Split

eBay Inc. (NASDAQ: EBAY) was given high marks by the market this week when the company finally capitulated to the outside pressure by Carl Icahn and others to begin the ...
Read Full Story »
down market

The 52-Week Low Club for Wednesday Adds 405 New Members

October 1, 2014: The following stocks are among the 405 equities making new 52-week lows today: Alcatel-Lucent (NYSE: ALU) dropped 2.6% Wednesday to a new 52-week low of $2.95. Share volume ...
Read Full Story »
fannie-mae

Freddie Mac and Fannie Mae Face Reality Check After Court Ruling

Freddie Mac (FMCC) and Fannie Mae (FNMA) are being sued for breach of contract for allegedly not paying promised dividends and liquidation preferences to investors. These claims were ultimately dismissed, ...
Read Full Story »
stock symbol ticker

The 4 Stocks That Tanked the Market

October 1, 2014: Markets opened lower on Wednesday as manufacturing PMI numbers out of Europe were weaker than expected. That was just the beginning: the ISM manufacturing index came in ...
Read Full Story »
Active investor

Relational Activist Fund Wind Down Weighing on Key Holdings

News that Relational is winding down could be a negative for several stocks. The Wall Street Journal reported that Co-founder Ralph Whitworth's throat cancer has returned and that the giant ...
Read Full Story »
2014-Chevrolet-Equinox

Costco, GM Team Up to Offer Holiday New Car Sales

Costco Wholesale Corp. (NASDAQ: COST) and General Motors Co. (NYSE: GM) on Wednesday launched a promotional event for Costco members which includes special pricing on 17 GM vehicles from model ...
Read Full Story »
Margarita

Full Constellation Earnings Preview

Constellation Brands Inc. (NYSE: STZ) is set to report its earnings for the second quarter, Thursday before the market opens. With as much as this stock has pulled back from ...
Read Full Story »