DryShips, Inc. (NASDAQ: DRYS) has been one of the day trader's dreamboat stocks, and no pun is intended. You can hardly go a day where there is not a $1.00 ... Read Full Story »
The Labor Department released its weekly jobless claims showing how many Americans have filed for new unemployment benefits. Consensus estimates according to Bloomberg was 610,000 for the week, although Dow ... Read Full Story »
These are some of the top pre-market analyst upgrades we have seen early this Thursday morning with more than two hours until the market opens:Activision Blizzard (ATVI) Started as Outperform ... Read Full Story »
These are some of the top pre-market analyst downgrades we have seen this Thursday morning with more than two hours until the market opens:Air Products (APD) Cut to Hold at ... Read Full Story »
Nokia (NOK) turned in a bad quarter. Net profit in the fourth quarter dropped to 576 million euros ($751 million), or 0.15 euro a share, from 1.84 billion euros, or ... Read Full Story »
Nearly everyone on Wall St. believes that GE (GE) will miss its earnings estimates and post a poor forecast for 2009. This sentiment has pushed its stock to a multi-year ... Read Full Story »
By many measures, the economy in the UK may be worse off than the US, at least up until now. The government has dealt with that by becoming more aggressively ... Read Full Story »
John Rockefeller of Standard Oil, Alfred Sloan of GM (GM), and Gerald Swope of GE (GE)created the structure of the modern conglomerate. Diversification was meant to cushion economic blows. Being ... Read Full Story »
The Asia Miracle was always about exports starting with Japan in the 1970s and 1980s and followed by Korea and China in the 1990s.The consuming classes in these countries never ... Read Full Story »
According to Reuters, a House committee advanced the economic stimulus bill.Reuters reports that China's GDP growth slowed.Reuters reports that exports from Japan dropped sharply.Reuters writes that Sony (SNE) warned of ... Read Full Story »
Markets in Asia moved higher.The Nikkei was up 1.9% to 8,052.The Hang Seng rose .9% to 12,700.The Shanghai Composite was up 1% to 2,005.At the open in Europe,the FTSE was ... Read Full Story »
“Madness is to think of too many things in succession too fast, or of one thing too exclusively”--VoltaireThe American Recovery and Reinvestment Bill of 2009 should be required reading for ... Read Full Story »
It has been more than a year since we published our feature, “The Twenty-Five Best Financial Blogs.” A great deal has changed. Some of the blogs on the list are ... Read Full Story »
Toll Brothers (NYSE: TOL) may have a home buyer's incentive above and beyond what other deals you have seen. We have seen on multiple sources that the homebuilder is using ... Read Full Story »
Buying bank stocks might not be the worst investment ever. At least that is the case if you bought today when the market was down. Late in the day came ... Read Full Story »