Housing Patterns

Mortgage Loan Rates Remain Attractive to Buyers, Refinancing

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning. It noted an increase of 2.4% in the group's seasonally adjusted composite index, following a decline ...
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Beretta’s New Super Rifle

Gun company Beretta is tone deaf when it comes to calls for restrictions on powerful guns sold in the United States. It must be the chance to make money. Beretta's ...
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shopping

American Consumer Spending Continues to Falter

The consumer may have returned to malls and retail stores, but he remains wary about what he believes he can spend. Based on the portion of gross domestic product (GDP) ...
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SL550

Mercedes Sells 419,000 Vehicles in Second Quarter

If there is any issue about whether the world's rich are getting richer, it should be settled by Mercedes sales, which reached 418,700 worldwide in the second quarter, according to ...
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apple-logo

Apple Dragged by Lower Sequential Revenues in China, Japan, Europe (Update)

Apple Inc. (NASDAQ: AAPL) has reported its fiscal third-quarter earnings. We noted that the guidance would be closely watched regarding how the company expects an iPhone refresh cycle to go. ...
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Redmond_Campus

Microsoft Earnings Got Pounded by Nokia Losses

Microsoft Corp. (NASDAQ: MSFT) reported fourth-quarter and full fiscal year 2014 results after markets closed Tuesday. The software behemoth posted diluted earnings per share (EPS) of $0.55 on revenues of ...
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stock symbol ticker

The 4 Stocks That Lifted the Market

July 22, 2014: Markets opened higher on Tuesday as geopolitical tensions appeared to have lessened somewhat and earnings reports were on the strong side. The consumer price index report  showed ...
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Airplane, dusk

Israel Flight Bans Not Likely to Hurt U.S. Airline Earnings

A Federal Aviation Administration flight ban of U.S. air carriers into Tel Aviv, Israel, may seem as though it is important geopolitical news, but the move may have a very ...
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oil rig

Transocean Partners Submits IPO Filing

Transocean Partners LLC, a spin-off from Transocean Ltd. (NYSE: RIG), has filed with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) of 17.5 million common ...
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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

Analysts Kept Valuing Apple Higher and Higher

This post has been updated. Apple Inc. (NASDAQ: AAPL) reports earnings after the close of trading on Tuesday. While the media focus will likely be dominated by the formal ...
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