The FDIC issued its report for the fourth quarter of 2010. The number of institutions on the FDIC’s “Problem List” rose from 860 to 884. Total assets of “problem” institutions increased to $390 billion…
The Congressional Budget Office is supposed to issue a quarterly report on the American Recovery and Reinvestment Act which is the centerpiece of the Administration’s efforts to right the economy. The report for the…
Brent crude rose $6 to $113 on worries about Middle East contagion. (Reuters) GM (NYSE: GM) is likely to post its first annual profit since 2004. (Reuters) An effort by shareholders to get Apple…
MEMC Electronic Materials, Inc. (NYSE: WFR) is raising capital. The silicon and solar panel materials maker intends to commence a private offering of $500 million in senior notes due 2019. The company said that…
Priceline.com Incorporated (NASDAQ: PCLN) may be at a cycle peak. With shares above $400.00 and having more than doubled from its year lows, it would not be too much to point out that at…
The chase for advertising dollars just waiting to be harvested from all those smartphones is just getting starting. Of an estimated $500 billion in annual global ad spending, only about $2.7 billion is going…
Forget about Amazon.com Inc. (NASDAQ: AMZN) winning from its new efforts in digital downloads for a moment. Take a look at its credit rating from the credit ratings agency. Standard & Poor’s just upgraded…
Not even a promise from Saudi Arabia’s oil minister to make up any production shortage caused by the unrest in Libya and Algeria is enough to hold down the rise in crude oil futures.…
Uranium processor USEC Inc. (NYSE: USU) reported earnings this morning and offered some partial guidance for 2011. The company’s fourth-quarter diluted EPS came to $0.05 on revenue $666.4 million, compared with expectations of EPS…
Libyan strongman Col. Mu’ammar Gaddafi, who today vowed to die a martyr as pressure mounts on him to leave office after 40 years, was supposed to be mellowing with age. The West thought his…
A new forecast shows that car sales will drop in February from January when measured by the Seasonally Adjusted Annualized Rate. The February number will translate into an SAAR of 12.5 million cars and light…
If you think that $97 for crude in West Texas Intermediate or $110 per barrel for Brent Sea crude is getting too high, what would you say about a call for the old super-spike…
Arbitrage trading and spread trading is not without risks. Just ask those who decided in late-January that Brent Crude was widening out too much compared to historic spreads against West Texas Intermediate crude. That…
While the courts and the Congress continue to fight over the health-care reform law, known as the Affordable Care Act or ACA, insurers are looking forward to as many as 16 million new customers…
E*TRADE Financial Corporation (NASDAQ: ETFC) is one of the many companies which have filed their annual reports under form 10-K with the SEC in recent days. These reports often contain many hidden data points…