China’s official purchasing managers’ index slipped to 52.2 in February from 52.9 in January, suggesting manufacturing activity on the mainland continued to soften, even as inflationary pressures mounted. The data, released by the China Federation of Logistics & Purchasing, marked…
Gold has seen a major run-up even before the Middle East and North Africa strife. This has lent support to many gold mining stocks and gold royalty players as well along with…
The Patient Protection and Affordable Care Act enacted last year will change almost every aspect of health care in the US. While changes to health insurance programs and to Medicaid and Medicare…
Almost all indicators in the housing market are starting to point downward. The National Association of Realtors reports that The Pending Home Sales Index, a forward-looking indicator, declined 2.8 percent to 88.9…
Itron (NASDAQ: ITRI), the water and energy service provider, missed earnings last week and was hit with a wave of class action suits. This moved it to the top of the Flame Index of…
Just as passenger and freight traffic have begun to improve for the world’s airlines, rising crude oil prices have thrown a monkey wrench into the airlines’ hopes of profitability in 2011. The International Air…
Americans think that housing prices in 2011 will remain stable though they increasingly consider real estate to be a bad investment. That’s the not-too-surprising findings of a study released today by Fannie Mae. On…
Jon OggThe short sellers seem to be increasing bets in some sectors while decreasing their bets elsewhere. We are again seeing a record low in the short interest while others are seeing steady gains. …
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Glu Mobile Inc. (NASDAQ: GLUU), 51 Job, Inc. (NASDAQ: JOBS), and Santarus, Inc. (NASDAQ:…
This is the Twitter-24/7 Wall St. market report for February 28, 2011.These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in crowds?
The Commerce Department has some slightly concerning data on income and spending as it pertains to growth and GDP as 2011 gets off to a start. Personal income rose by 1.0% and spending was…
Updated throughout the day. Blackstone (NYSE: BX) will buy the American assets of Centro (Reuters) JP Morgan (NYSE: JPM) may invest $450 million in Twitter (WSJ) A US tax evasion probe not includes activities…