American Greetings Corp. (NYSE: AM) has surrendered to the fact that the age of the paper card are over. The company never created a business online to make up for ... Read Full Story »
High European Unemployment Eurostat reported that unemployment in 17-nation euro area continues to hover at 12%. It is worth remembering that, at the depths of the recession, U.S. joblessness barely ... Read Full Story »
U.S. equity markets opened slightly lower this morning, rose briefly above the break-even line, and then slipped following a weaker-than-expected report on U.S. manufacturing PMI (more coverage here). In Asia, ... Read Full Story »
Valentine’s Day spending is expected to reach $18.6 billion this year. On average, Americans are expected to spend $130.97 this holiday, up only slightly from $126.03 last year, according to ... Read Full Story »
These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday. Abercrombie & Fitch Co. (NYSE: ANF) raised to Outperform at BMO. ... Read Full Story »
The three major U.S. stock indexes opened lower this morning following a weaker-than-expected report on U.S. personal income and inline personal consumption spending (more coverage here). U.S. markets followed Europe, ... Read Full Story »
The three major U.S. stock indexes opened higher this morning as markets shook off weak news from Europe in favor of better news from Asia. In Europe, German unemployment stayed ... Read Full Story »
Spain will cut its budget ahead of a possible request for aid. (Reuters) Bank of America Corp. (NYSE: BAC) tests systems that allow people to make payments via smartphone. (Reuters) ... Read Full Story »
The three major U.S. stock indexes opened mixed this morning as yields on Spain’s 10-year bonds took a run at 6% again and the Catalan regional government announced a “snap” ... Read Full Story »
The three major US stock indexes opened lower this morning and stayed in losing territory all day as investors first figured out that the two-day Eurozone summit meeting would very ... Read Full Story »
The three major US stock indexes opened modestly higher this morning as investors appear to have high hopes that tomorrow’s summit meeting of European Union leaders will lead to a ... Read Full Story »
A downward revision to third-quarter GDP did not hold down early trading this morning as markets got off to a good start and remained in positive territory throughout the day. ... Read Full Story »
There are several stocks trading more heavily than usual this morning, and also experiencing large gains or drops in share prices. These include RAM Energy Resources Inc. (NASDAQ: RAM), WCA ... Read Full Story »
Many investors track the largest increase in short selling, but there is another crucial way to look at short interest: the days to cover often tells just how actively shorted ... Read Full Story »
We have several key companies reporting earnings this coming week. While most will not be DJIA-moving stocks, there can have a large sector impact or can be volatile around earnings. ... Read Full Story »