Cisco logo

A Cisco Day of Reckoning as John Chambers Retires as CEO

Cisco Systems Inc. (NASDAQ: CSCO) has seen its share of ups and down through the years under the leadership of Chairman and CEO John Chambers. Now that reign is about ...
Read Full Story »
Gambling

MGM Macau Revenues Plummet and Activist Investor Battles On

MGM Resorts International (NYSE: MGM) reported first-quarter 2015 results before markets opened on Monday. The casino and resort operator posted adjusted diluted earnings per share (EPS) of $0.33 on revenues ...
Read Full Story »
Warren Buffett

Why Warren Buffett Is Growing More Cautious About the Insurance Industry

Just this past Friday, Berkshire Hathaway Inc. (NYSE: BRK-A) announced its earnings and 24/7 Wall St. asked the question of whether its 20% operating income gain trumped the company’s 47% ...
Read Full Story »
Hepatitis Virus

2 Biotech Buyout Candidates as Antibiotics Stop Working

Many of us have heard the story before. The over-prescribing of antibiotics is creating “super bugs” with the potential to wreak medical havoc as they are resistant to current drugs. ...
Read Full Story »
investor research

Top Analyst Upgrades and Downgrades: Lululemon, Tesla, Twitter, Disney, Whiting and More

Stocks were indicated higher on Monday morning, despite weak manufacturing data from China. Investors have bought every single pullback for what is now approaching four years. 24/7 Wall St. reviews ...
Read Full Story »
dv1897014

Will McDonald’s Turnaround Plan Include More for Employees?

McDonald’s Corp. (NYSE: MCD) CEO Steve Easterbrook is scheduled to announce Monday morning the “initial steps” of his turnaround plan for the struggling fast-food giant, and a workers’ group wants ...
Read Full Story »
software

New SunTrust Analyst Starts 5 Top Software Stocks at Buy

The age of software in this country is changing, and changing rapidly. Investors used to think of large cap Silicon Valley giants Microsoft and Oracle as the go-to stocks for ...
Read Full Story »
Comcast-Logo

Comcast Earnings Boosted by Internet Subscribers, but Video Subs Fall

Comcast Corp. (NASDAQ: CMCSA) reported first-quarter 2015 results before markets opened Monday. The media giant posted adjusted diluted earnings per share (EPS) of $0.81 on revenues of $17.85 billion. In ...
Read Full Story »
icahntwit

Icahn Wants Bigger Share Buyback From Apple

During a Wall Street Week interview in which Carl Icahn called Apple Inc. (NASDAQ: AAPL) the Secretariat of corporations and the best company of the past 50 years, the activist investor also mentioned ...
Read Full Story »
2013 Chevrolet Volt

Chevy Volt Price Chopped to $33,995

Not all electric cars can be as successful as those from Tesla Motors Inc. (NASDAQ: TSLA). After years of trying, General Motors Co. (NYSE: GM) will make another run at the electric ...
Read Full Story »
Luxury goods

Can $21 Billion in Mother’s Day Sales Lift Retail?

Many larger retailers need a lift, based on data since the start of the year. Perhaps Mother's Day will help them. The National Retail Federation (NRF) forecasts Mother's Day retail ...
Read Full Story »
Arab oil

Saudi Arabia Tapping Wealth Fund to Maintain Low Oil Prices

The low prices for crude are costing Saudi Arabia some serious cash. The Saudi central bank reported last week that its net foreign assets fell 4.7% year-over-year in March to ...
Read Full Story »
amazonfire-phone2

Why Amazon Sells Its Fire Phone for $449

Amazon.com Inc. (NASDAQ: AMZN) and its founder Jeff Bezos never give up on anything. The Fire Phone has been a failure since it was launched. Amazon hoped that, if it could ...
Read Full Story »
476272663

New College Grads Have Median Salary of $45,478

New college graduates have a median starting salary of $45,478, according to the National Association of Colleges and Employers. The data show the value of a college education. The median ...
Read Full Story »
2014-Dodge Dart

Why Fiat Chrysler Shares Are Up 65%

Shares of Fiat Chrysler Automobiles N.V. (NYSE: FCAU) should more poorly than its larger competitors do, particularly when those rivals are Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM). However, Fiat ...
Read Full Story »