Author Archives: Trey Thoelcke


A Chobani IPO: Is Now the Right Time?

Chobani, the top seller of Greek yogurt in the United States, reportedly is exploring its options to raise capital, perhaps by taking the company public or by selling a stake ...
Read Full Story »
Target store

How Target Is Trying to Fend Off Amazon

Target Corp. (NYSE: TGT) isn't about to let Inc. (NASDAQ: AMZN) keep nibbling away its market share, not without fighting back. To that end, the Minneapolis-based variety store operator ...
Read Full Story »

Weibo IPO Rises Above Drooping Expectations

Ahead of its initial public offering (IPO), Weibo Corp. (NASDAQ: WB) both priced shares at the low end of its expected range of $17 to $19 apiece, and it reduced ...
Read Full Story »

Surge in Philly Fed Reading Contradicts Empire State Report

The Federal Reserve Bank of Philadelphia's Business Outlook Survey jumped from a reading of 9.0 in March to 16.6 in April. That was the strongest reading since last September, and ...
Read Full Story »

DuPont Blames the Weather for Earnings Miss

E.I. du Pont de Nemours and Company (NYSE: DD), commonly known as DuPont, reported first-quarter results before markets opened Thursday. The diversified chemicals company posted diluted earnings per share (EPS) ...
Read Full Story »

UnitedHealth Group Revenues Stung by Obamacare

UnitedHealth Group Inc. (NYSE: UNH) reported first-quarter results before markets opened Thursday. The health insurance and benefits management firm posted diluted earnings per share (EPS) of $1.10 on revenues of ...
Read Full Story »
AT&T logo

AT&T Adds Another Automaker to Its Wireless Scorecard

Volvo has tapped AT&T Inc. (NYSE: T) to provide wireless connectivity to its 2015 models, out later this year, in the United States and Canada. Terms of the multiyear agreement ...
Read Full Story »
737 MAX 8 artwork SWA Southwest Airlines

Southwest Profit Sharing Surges, Union Talks Continue

On Monday, Southwest Airlines Co. (NYSE: LUV) trumpeted its record $228 million contribution to its profit sharing plan. The payment will be an 88% increase over last year's contribution, as ...
Read Full Story »
Cell Tower detail

How T-Mobile Plans to Shake Up Wireless Industry

T-Mobile US Inc. (NYSE: TMUS), which of late has been calling itself the "Uncarrier," has revealed its latest in a series of efforts to shake up the wireless industry: abolishing ...
Read Full Story »

The Eight NYSE Stocks With the Largest Short Positions

Short sellers continue to hold huge positions not only in troubled companies like Alcoa and J.C. Penney, but also in blue chips like AT&T and General Electric. As of March ...
Read Full Story »
Biotechnology word cloud

Who Bucked the Short Interest Trend in Biotech Stocks?

24/7 Wall St. has tracked the short interest in leading biotech and emerging pharmaceutical stocks. Many biotech stocks pulled back in late March, and short sellers moved in on many ...
Read Full Story »

Why Pet Food Sale Is a Win-Win for P&G and Mars

Procter & Gamble Co.'s (NYSE: PG) sale of its most of pet food business to Mars for $2.9 billion should be a win for both companies. Mars, better known for ...
Read Full Story »

Apple to Launch Two New iPhones in 2014?

The latest scuttlebutt would suggest double the fun for Apple Inc. (NASDAQ: AAPL) investors and iPhone aficionados: not one but two iPhone releases this year, each with a larger screen. ...
Read Full Story »
greek flag

Greek Long-Term Bond Sale: Is It Too Soon?

Greece reportedly will announce a long-term bond sale as soon as Wednesday, the first time it has had access to capital markets since March 2010. But the question to ask ...
Read Full Story »

Sears Continues Tumble After Land’s End Spin-Off

Sears Holdings Corp. (NASDAQ: SHLD) continues to drop after completing its spin-off of Lands' End Inc. (NASDAQ: LE), which began trading Monday on the Nasdaq. Sears Holdings has long struggled ...
Read Full Story »