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FOMC Verdict: Dovish Bias Remains

The Federal Reserve made its announcement for the FOMC policy meeting Wednesday afternoon, swinging markets from up to down -- and back to up initially. The long and short of ...
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iPhone6

Walmart, Best Buy Reject Apple Pay

The list of banks, retailers and credit card issuers that will support Apple Inc.’s (NASDAQ: AAPL) recently announced Apple Pay mobile payments is long and growing. The company says Apple ...
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destiny game

Is Destiny Video Game Sales Record Truly a Disappointment?

It is hard to imagine that $325 million on a video game release in the first five days is a disappointment. Since the release of Destiny, Activision Blizzard Inc. (NASDAQ: ...
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dollar

6 More Expected DJIA Dividend Hikes Before 2014 Ends

Investors have many things to consider in the latter part of 2014 and as 2015 nears. One such consideration is the trend of dividend hikes. On the heels of fresh ...
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Pouring molten steel

US Steel Wins From Outlook and Creditor Protection in Canada

United States Steel Corp. (NYSE: X) plans to take strategic action to strengthen its position within a changing steel industry, and so far the share price would say it is ...
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Crude Oil Prices Skid as Refining Slows

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 3.7 million barrels last week, maintaining a total U.S. commercial ...
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Mobile wallet

Net Element Continues to Ride the Apple Wave

Net Element Inc. (NASDAQ: NETE) saw its shares surge Wednesday morning in the first hour of trading. The company announced that it will integrate the recently announced Apple Inc. (NASDAQ: ...
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construction

Homebuilder Confidence at 9-Year High

The National Association of Home Builders (NAHB)/Wells Fargo housing market index for September rose four points to 59 from a reading of 55 in August. The reading was higher than ...
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GE Nuke

New Nuclear Reactor Design Approval a Serious Score for GE-Hitachi

Nuclear power has been challenged in the United States and globally on the heels of the nuclear disaster at the Fukushima plant in Japan. Still, coal is so hated by ...
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Biotechnology word cloud

Why Endo Wants to Acquire Auxilium So Much

Endo International PLC (NASDAQ: ENDP) made an unsolicited buyout offer to Auxilium Pharmaceuticals Inc. (NASDAQ: AUXL). This news comes right after Auxilium announced that it entered into an agreement to ...
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5 Reasons Amazon Should Buy RadioShack

As the clock winds down on RadioShack Corp. (NYSE: RSH), ever more of the Wall Street firms that we cover are weighing in, not only on what the end result ...
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Qatar A380 Airbus

Qatar Airways Takes Delivery of First Airbus A380

Qatar Airways took delivery of its first A380 super-jumbo jet from Airbus on Wednesday. The Middle Eastern airline has ordered a total of 10 of the planes and expects to ...
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CPI Moves From Inflation to Deflation

The Bureau of Labor Statistics released the Consumer Price Index (CPI) for the month of August on Wednesday morning. Consumer prices fell in August, which creates a conundrum for a ...
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5 Top Energy Stocks to Own When Oil Pullback Ends

Every time we have a pullback in oil, and then in the energy stocks, the same reasons are cited by Wall Street. Concerns about global growth, especially in China and ...
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FedEx Plane

FedEx On Track for New All-Time High on Earnings, Rate Increases

FedEx Corp. (NYSE: FDX) reported first-quarter fiscal 2015 results before markets opened Wednesday. The package delivery service reported quarterly diluted earnings per share (EPS) of $2.10 on revenues of $11.7 ...
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