featured

Home Depot Breach Hits 56 Million Credit Cards

The Home Depot (NYSE: HD) hack was huge--56 million cards to be exact. The company disclosed: Criminals used unique, custom-built malware to evade detection. The malware had not been seen ...
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pottery

Can Pier 1 Imports Regroup?

Pier 1 Imports Inc. (NYSE: PIR) took a hit on Wednesday when it released its earnings after the market closed. The overall reception was not positive and is, in fact, ...
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Federal Reserve

Is the Fed Afraid of Deflation?

The Federal Reserve made its announcement for the FOMC policy meeting on Wednesday afternoon. Overall what 24/7 Wall St took away from the meeting was that the Fed plans to ...
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Blue flames of gas stove

Natural Gas Inventory Growth Drives Prices Down

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 90 billion cubic feet for the week ending September 12, compared with an expected ...
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jobs

Philadelphia Fed Posts Huge Gains in Employment

The Philadelphia Federal Reserve released its Business Outlook Survey Thursday. Firms indicated that there was continued growth in the region’s manufacturing sector for September. The current activity index fell from ...
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Rite Aid

Rite Aid Cuts Guidance as Margins Fall on Generics

Rite Aid Corp. (NYSE: RAD) reported second-quarter fiscal 2015 results before markets opened Wednesday. The drug store chain reported quarterly adjusted diluted earnings per share (EPS) of $0.13 on revenues ...
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Monsoons Help U.S. Drought

The extreme drought in parts of the United States is being helped from an improbable source. It is what the U.S. Drought Monitor calls "monsoons." According to the experts from ...
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Los Angeles

MIT App Would Help Cars Avoid Traffic Jams

MIT (Massachusetts Institute of Technology) researchers claim they have built a system that could help cars avoid traffic jams. The project, which created the service is called "RoadRunner," was introduced ...
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America’s Richest (and Poorest) States

The United States added more than 2.3 million jobs in 2013, the most in any year since 2005. Despite this, income levels and poverty rates did not improve in most ...
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Gambling

More Negative Analyst Views for Macau Casinos

The Macau region in China has been the target of many analysts’ downgrades in the casino sector recently, with Sterne Agee the most recent to have cautious views. David Bain ...
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FOMC Verdict: Dovish Bias Remains

The Federal Reserve made its announcement for the FOMC policy meeting Wednesday afternoon, swinging markets from up to down -- and back to up initially. The long and short of ...
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iPhone6

Walmart, Best Buy Reject Apple Pay

The list of banks, retailers and credit card issuers that will support Apple Inc.’s (NASDAQ: AAPL) recently announced Apple Pay mobile payments is long and growing. The company says Apple ...
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destiny game

Is Destiny Video Game Sales Record Truly a Disappointment?

It is hard to imagine that $325 million on a video game release in the first five days is a disappointment. Since the release of Destiny, Activision Blizzard Inc. (NASDAQ: ...
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dollar

6 More Expected DJIA Dividend Hikes Before 2014 Ends

Investors have many things to consider in the latter part of 2014 and as 2015 nears. One such consideration is the trend of dividend hikes. On the heels of fresh ...
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5 Reasons Amazon Should Buy RadioShack

As the clock winds down on RadioShack Corp. (NYSE: RSH), ever more of the Wall Street firms that we cover are weighing in, not only on what the end result ...
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