Wall St Bull statue

Oppenheimer Makes Top Picks Through End of 2014

Looking toward the end of 2014, Oppenheimer believes that equities are, in fact, still well positioned to climb. With the Federal Reserve holding its rates down well into 2015, the ...
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Tax

Is Treasury Plan for Tax Inversion REALLY Trouble for Merger Stocks?

The U.S. Treasury has finally made its proposed effort to deal with the waves of corporate tax inversions that have created such a stir of late. The move is also ...
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82153568

$8 Billion Clean Energy Project to Provide More Electricity Than Hoover Dam

Hoover Dam, built in the 1930s, provides 3.9 million megawatt hours of electricity. A proposed wind farm and energy storage project would, if completed, generate 9.2 million megawatt hours of ...
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coal

Coal Industry Ignores Positive Guidance From Peabody Energy

If there is any industry that is unloved by the current administration it is the coal industry. Coal is especially despised this week at the environmental climate change march in ...
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Gas pipeline

UBS Sees 4 Companies as Potential MLP Acquisition Targets

Once a major company with the size, depth and, most of all, deep pockets like Kinder Morgan Inc. (NYSE: KMI) plunges in and makes a huge deal come together with ...
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Citizens Bank logo

Citizens Financial Revs Up for IPO

The U.S. banking division of the Royal Bank of Scotland Group PLC (NYSE: RBS) is expected to price its initial public offering (IPO) Tuesday and begin trading Wednesday. Citizens Financial ...
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Smokestacks

Flash PMI and Richmond Fed Show Mixed Economic Readings

The flash Purchasing Managers Index (PMI) and the Richmond Fed released their numbers on Tuesday morning, giving off mixed economic readings. The Richmond Fed in its manufacturing report pointed to solid strength ...
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Colombia

Colombian Bank Grupo Aval Debuts in IPO

Grupo Aval Acciones y Valores S.A. (NYSE: AVAL) announced the pricing of its initial public offering of 1,629,629,640 in preferred shares, what seems a bit unusual for most ADS listings. ...
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Qatar A380 Airbus

Will Airbus Put New Engines on Its Giant A380 to Please One Customer?

The A380 from Airbus is the largest commercial aircraft in the sky. The double-decked behemoth carries a list price of $414.4 million. Customers have ordered 318 of the planes, and Airbus ...
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Stock Split Image

Stock Buybacks Starting to Slow Down as Stock Market Keeps Rising

Investors love dividends and buybacks under corporate governance strategies for a return of capital. By the looks of it, corporate executives and board members must be getting gun-shy when it ...
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Cruise ship

Carnival Sailing the High Seas on Earnings and Guidance

Carnival Corp. (NYSE: CCL) released its earnings for its third quarter Tuesday before the markets opened. This cruise liner giant posted solid seasonal gains for this quarter and is looking ...
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Empty Classroom

Credit Suisse Back to School Upgrades — in Student Loan Players!

Credit Suisse is adding student lenders to its back to school shopping list. Currently it is reiterating Outperform ratings and price targets for Navient Corp. (NASDAQ: NAVI), Nelnet Inc. (NYSE: ...
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Housing development

Home Prices Rise for 8 Consecutive Months

The Federal Housing Finance Agency (FHFA) reported this morning that U.S. home prices rose 0.1% sequentially in the month of July. Compared with July 2013, the house price index has ...
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biotech

DBV Technologies Files for IPO, Sort Of

DBV Technologies has filed an F-1 form with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO). At least it is an IPO in the United ...
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Used Car

CarMax Runs Into Tougher Competition From New Cars

CarMax Inc. (NYSE: KMX) reported second-quarter fiscal 2015 results before markets opened Tuesday. The used-car retailer posted quarterly adjusted diluted earnings per share (EPS) of $0.64 on revenues of $3.60 ...
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