Thanksgiving is one of the few national holidays which is distinctly American, although there is a “Turkey Day” in Canada, too. The first Thanksgiving was celebrated in 1621 in Plymouth, ... Read Full Story »
Stocks got off on a positive note this morning, but resisted the temptation to climb based on a positive reading of the leading econonmic indicators and higher estimates of US ... Read Full Story »
Share prices for the oil field services companies dipped in late July shortly after many of the companies had posted new 52-week highs. The stocks have been struggling since then, ... Read Full Story »
The soda industry has a problem. Some of the industry’s largest selling and most famous brands have lost well over a third of their sales in the last decade. ... Read Full Story »
This coming week may be a shortened week for Thanksgiving, but there are still going to be some key earnings to watch. We have compiled a brief list of earnings ... Read Full Story »
Mining giant Rio Tinto plc (NYSE: RIO) has gotten itself into another bidding war. This time the playing field favors Rio over Canadian uranium miner Cameco Corp. (NYSE: CCJ) mostly ... Read Full Story »
Secondary offerings and capital raises often add pressure to a stock. Don't tell it to Kodiak Oil & Gas Corporation (NYSE: KOG). The company raised the size of its stock ... Read Full Story »
An over-supply of product leading to a steep drop in price has claimed another victim. No, this is not a story about a solar PV maker, but about shipping, where ... Read Full Story »
Crude oil is at $99.92, up 1.01% Gold is at $1,727, up 0.40%. Hong Kong’s Hang Seng closed down 1.73% to 18,491. Japan’s Nikkei closed lower by 1.24% to 8,375. The U.S. 10-year is at 2.00%, up 0.o4%. ... Read Full Story »
Bloomberg: Boeing wins record $21.7B order | http://bloom.bg/vOeh0v $BA WSJ: Spain Credit Crunch Deepens http://on.wsj.com/v3SnJN BBC: Greek budget will 'cut deficit' http://bbc.in/tkpwNv MarketWatch: ECB-IMF proposal for bailouts reportedly gains traction; Frankfurt and Paris erase ... Read Full Story »
Updated throughout the day MF Global moved hundreds of millions of dollars from customer accounts to its own brokerage account (WSJ) Eastman Kodak (NYSE: EK) will try to sell its ... Read Full Story »
These are some of Friday's top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Annaly Capital Management, Inc. (NYSE: NLY) Cut to Market Perform at KBW. Aruba Networks, ... Read Full Story »
The weekend break in equity trading may produce more anxiety than relief. As Friday draws to a close, most stock markets probably will be down for the day, and certainly ... Read Full Story »
There is a problem with tax collection in a country that has instituted austerity measures while simultaneously trying to attack tax evaders, and that is there may be no one ... Read Full Story »
Nothing in the Census report on child poverty levels for 2009 and 2010 was unexpected. The 2010 poverty rate rose slightly to 21.6%, the highest level since 2001. That is ... Read Full Story »