470487925

CIT’s $3.4 Billion Buyout Makes It Systemically Important to Regulators

CIT Group Inc. (NYSE: CIT) may have delivered on beating its earnings expectations, but this is just a tiny fraction of the story here. CIT's acquisition of the parent company of ...
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Stock Split Image

Bill Ackman Losing Face in Herbalife War

The longstanding fight between Herbalife Ltd. (NYSE: HLF) and short-selling activist investor Bill Ackman just took yet another odd turn. That turn has at least so far gone in the ...
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Google_web_search

America’s Most Visited Websites

By a variety of measurements, Google Inc. (NASDAQ: GOOGL) is the 800-pound gorilla of the Internet. It is by far the largest U.S. search engine and its various websites, including ...
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Pollo Loco

El Pollo Loco Sets IPO Terms, Remains Above Original Estimates

El Pollo Loco Holdings has set its formal terms for an initial public offering (IPO). Be advised that these terms can change before the formal IPO, literally up until the ...
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Oil Tanker

As Russia’s Isolation Grows, Oil Companies Caught in Middle

By Nicholas Cunningham of Oilprice.com The confrontation between Russia and the West took a turn for the worse with the downing of a Malaysian airliner on July 17, and that ...
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Apple-store

How Apple Is Being Valued Higher and Higher Going Into Earnings

Apple Inc. (NASDAQ: AAPL) reports earnings after the close of trading on Tuesday. While the media focus will likely be dominated by the formal earnings report, 24/7 Wall St. will ...
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elevators

United Tech Earnings Beat, Rosy Outlook Can’t Stop Pullback

Posting better-than-expected results for the most recent quarter, along with an improved earnings outlook for the full year, was not enough to halt the recent slide in shares of United ...
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Wireless phone

10 Reasons People Get Bad Wireless Service

When customers get slow, intermittent or no service at all from their wireless service provider, the initial reaction is that the company has lousy service and there is just nothing ...
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cannabis

What a Marijuana ETF Would Look Like

The changes taking place around marijuana for medical use and for recreational use are the biggest in almost everyone's lifetime. There are quite literally billions of dollars up for grabs ...
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House for Sale

June Sales of Existing Homes Reach 8-Month High

The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in June rose 2.6% to 5.04 million from an upwardly revised total of ...
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investor research

Could These Top Stocks Trade Up Big Again After Reporting Earnings?

With the earnings season rolling on for the second quarter, about 150 S&P 500 companies will report this week. We have seen more and more of the top stocks report solid numbers ...
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Apple_store_sign

iPhone 6 Screen May Not Be Scratchproof

The next iteration of the iPhone from Apple Inc. (NASDAQ: AAPL) is expected to use an especially hard type of glass cover that has been promoted (not by Apple) as ...
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Inflation

June CPI Shows Inflation Has Arrived — Or Has It?

The U.S. Labor Department gave us the formal inflation reading for the month of June on Tuesday morning. Most investors are more concerned about major earnings reports and economic recovery ...
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Kimberly-Clark Delivers an Earnings Dud

Kimberly-Clark Corp. (NYSE: KMB) is supposed to be a company immune to problems of the world. After all, consumer products are needed whether times are good or times are bad. Unfortunately, ...
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McDonald's

McDonald’s Stock Hit by Soft Earnings, Tainted Meat in Japan Stores

Update: The problems that hit McDonald’s and KFC in China yesterday have reached Starbucks Corp. (NYSE: SBUX) and Burger King Worldwide Inc. (NYSE: BKW) stores in Japan on Tuesday according to ...
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