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Federal Budget Deficit Projected at Multi-Year Low in 2015

The U.S. Congressional Budget Office (CBO) released its Budget and Economic Outlook: 2015 to 2025 Monday morning. The non-partisan CBO now estimates that the federal budget deficit in fiscal year ...
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What To Expect From Proctor & Gamble Earnings

The Proctor & Gamble Company (NYSE: PG) will report its second-quarter earnings Tuesday before the markets open. Thomson Reuters has consensus estimates of $1.13 in earnings per share and $20.62 ...
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Why Russia Was Downgraded to Junk at S&P, and Why Things Could Get Even Worse

The ratings agencies have struck again -- this time in Russia. Standard & Poor's has downgraded the nation to below investment grade. Vladimir Putin and his nation are now junk ...
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What to Expect Beyond Apple Earnings: iPhone 6, Watch and More

Apple Inc. (NASDAQ: AAPL) will report its first-quarter earnings Tuesday after the markets close. Thomson Reuters has consensus estimates of $2.59 in earnings per share and $67.50 in revenue. The ...
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Why Caterpillar Earnings Could Be Wrecked by the 2015 Outlook

Caterpillar Inc. (NYSE: CAT) will report fourth-quarter and full-year 2014 earnings Tuesday before the market opens. Thomson Reuters has consensus estimates for $1.55 in quarterly earnings per share (EPS) and ...
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Family Dollar Store

Merrill Lynch Sours on Dollar Stores Theme

Shareholders of Family Dollar Stores Inc. (NYSE: FDO) voted on January 22 to approve the merger with Dollar Tree Inc. (NASDAQ: DLTR). As a result, Merrill Lynch has come forth and ...
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The Case for $200 Oil

The secretary-general of the Organization of Petroleum-Exporting Countries (OPEC) said Monday that if producers fail to invest in developing new supplies, crude oil prices could rise as high as $200 ...
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More Evidence That Low Oil Is Hurting Texas Businesses

Cheap oil acts as a pay raise for many consumers in the nation. It also acts as a serious drag on the local, state and regional economies where the oil ...
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Has Seagate Peaked?

Seagate Technology PLC (NASDAQ: STX) reported its fiscal second-quarter financials before the markets opened Monday. It posted earnings of $1.35 per share on $3.7 billion in revenue, against Thomson Reuters ...
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Full 360-Degree Earnings Preview for Microsoft

Microsoft Corp. (NASDAQ: MSFT) is set to report its fiscal second-quarter financial results after the market close Monday. Thomson Reuters has consensus estimates of $0.71 in earnings per share on ...
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SpaceX Settles Charges Against the US Air Force

In a well-publicized spat last April, Space Exploration Technologies, aka SpaceX, founder and CEO Elon Musk claimed he was suing the U.S. Air Force for awarding an exclusive contract for ...
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Ocwen Takes Steps to Defend Itself

Ocwen Financial Corp. (NYSE: OCN) Monday morning had a strong response to law firm Gibbs & Bruns, regarding residential mortgage-backed securities investors the firm represents. The company released an open letter ...
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J.P. Morgan Has Just 3 Gold Stocks to Buy Despite Better Outlook

The gold investor has had a bleak run since the precious metal dropped from highs posted in September of 2011. Despite a surge off the lows late last year, the ...
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Analyst Shows Why GE Likely to Keep Raising Its Dividend

When General Electric Co. (NYSE: GE) reported its fourth-quarter earnings, the conglomerate gave a little bit for the bulls and a little bit for the bears. We are starting to ...
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home building

D.R. Horton Earnings Could Get Even Better as Mortgage Rates Decline

D.R. Horton Inc. (NYSE: DHI) reported fiscal first-quarter results before markets opened Tuesday. The homebuilder reported quarterly diluted earnings per share (EPS) of $0.39 on revenues of $2.3 billion. In ...
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