The Labor Department has released its latest data on weekly jobless claims. The figure came in at 627,000, a gain of 15,000. We had a Dow Jones consensus looking for ... Read Full Story »
Goldman Sachs has made several key upgrades and downgrades this morning in the utility sector and in the oil patch. While the utility sector was raised to attractive, some of ... Read Full Story »
By John Tamny of RealClearMarkets The recent spike in U.S. Treasury yields has generated renewed commentary about the specter of inflation. It's even being asked if we're repeating the inflationary ... Read Full Story »
First Solar, Inc. (NASDAQ: FSLR) is going to be down early this morning after Canaccord Adams decided to downgrade the stock. The brokerage firm decided to cut the rating to ... Read Full Story »
These are this Thursday's top ten independent analyst calls with upgrades, downgrades and initiations from Wall Street brokerage firms with more than two hours until the market opens: Corning (GLW) ... Read Full Story »
Toyota (TM) says that the global automotive industry is facing two more lean years. It expects to lose more money this fiscal year than it did last and to run ... Read Full Story »
China wants PC companies to install screening software so that certain material from the web is censored. The central government of the most populous nation does not think that is ... Read Full Story »
Is America's consumption of gasoline critical to the price of crude? The issue will be tested this 4th of July. If US drivers plan to stay off the roads with ... Read Full Story »
McDonald's (MCD) is being accused of fudging SEC documents by failing to report all of the perks of one of its executives. This has led the press and other observers ... Read Full Story »
Yahoo! (YHOO) wants to change its image as the "also-ran" search engine with incompetent management. According to All Things Digital, Yahoo! "is working on a massive plan to overhaul its ... Read Full Story »
A public relations executive recently evaluated the number of Fortune 100 CEOs who had presences on social network sites including LinkedIn, Twitter, Facebook and online information site Wikipedia. Almost none of ... Read Full Story »
The Federal Reserve combined an optimistic view of the economy with a set of decisions to leave most of the formal plans it has made over its last two meetings ... Read Full Story »
Short sellers jumped out of major financial shares but piled into the stocks for major industrial firms based on data as of June 15. Shorts clearly think the restructuring of ... Read Full Story »
Reuters: Political battles are likely to make this a tough year for the Fed. Reuters: The head of Toyota (TM) warned of two more tough years. Reuters: Lawmakers accused Fed ... Read Full Story »
Markets in Asia were higher. The Nikkei rose 2.2% to 9,796. The Hang Seng was up 2% to 18,258. The Shanghai Composite rose .1% to 2,925. At the open in ... Read Full Story »