While high poverty in some urban areas comes as no surprise, the growing poverty rates in a few suburban areas have been more unexpected. In an attempt to better understand ... Read Full Story »
The first re-review by the ratings agencies is now out on The United States sovereign credit rating after Standard & Poor's downgraded the "AAA" sovereign rating. Fitch has just reaffirmed ... Read Full Story »
Companies that provide the tools and services to clean up oil spills made the news following last year's disaster in the Gulf of Mexico. Speciality chemical companies that make the ... Read Full Story »
The Home Depot, Inc. (NYSE: HD), like its competitor Lowe's Companies Inc. (NYSE: LOW), managed to beat EPS estimates by a bit, but, unlike its competitor, Home Depot also beat ... Read Full Story »
CNNMoney: Permits to build new homes slump 3.2% and new home construction drops 1.5% in July, the government says. MarketWatch: U.S. housing starts fall 1.5% in July as building permits ... Read Full Story »
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Aeropostale, Inc. (NYSE: ARO) Raised to Hold at Jefferies. Agrium ... Read Full Story »
We have many stocks on the move this morning, some on earnings and some on other news. The ten key movers and shakers we are tracking are in shares of ... Read Full Story »
Updated throughout the day High frequency traders made large profits during recent period of market volatility (WSJ) ABN Amro will sell its Swiss bank operations (FT) Manchester United will stage ... Read Full Story »
Sam Walton left his children his share of the world's largest retailer--Walmart (NYSE: WMT). The family still has the control block--1.68 billion shares or over 48% of outstanding. S Robson ... Read Full Story »
Last Wednesday morning, August 10, two Enerfin Resources employees discovered a suspicious parcel attached to an the company's natural gas pipeline near the intersection of Oklahoma Highway 27 and a ... Read Full Story »
Chrysler has tried to rebuild its image under the management of Italian car company Fiat. The number three U.S. manufacturer even makes money. The issue that continues to nag the ... Read Full Story »
Germany reported that its second-quarter gross domestic product rose only 0.1%. That disappointing number can be added to the U.S. growth rate of 1.3%, the 0.2% rate in the UK ... Read Full Story »
In an op-ed piece for the Financial Times, IMF chief Christine Lagarde wrote about the world's current economic and sovereign debt troubles: "So there are no easy answers. But that ... Read Full Story »
A sell-off of major bank stocks and sovereign securities makes it likely that France and Germany will determine the short-term future of the eurozone in upcoming meetings. (Reuters) Google (NASDAQ: ... Read Full Story »
It was not long ago that computers revolutionized the way people do business across the world, fully changing the way that people communicate and organize their personal and professional lives. ... Read Full Story »