Year: 2012

AMR To Consider Merger–WSJ

Fitch Maintains U.S. “AAA” Rating, With Negative Outlook

Fitch Ratings is maintaining a “AAA” rating for United States. The ratings affirmation pertains to the long-term foreign and local…

24/7 Wall St. Closing Bell — July 10, 2012: Market Declines on Weak Profits, More Warnings

The three major US stock indexes opened higher this morning on reports of a new bailout for Spanish banks and…

Cummins’ Truck Warning Spreads Through The System

The earnings warnings are spreading.  Cummins Inc. (NYSE: CMI) tried to masquerade a negative 2012 outlook update by hiking its…

US EIA Lowers Oil Price Estimate, Sort Of

The US Energy Information Administration (EIA) today released the latest update to its Short-Term Energy Outlook for 2012. The agency…

Russia Finally in WTO?

The lower house of Russia’s parliament has approved the country’s entry into the World Trade Organization (WTO) in a process…

RIM Deathwatch: Annual Meeting Shows Management Still In Denial

Research In Motion Limited (NASDAQ: RIMM) is acting like the next Palm.  They are dying.  The company’s CEO has said…

Boeing Adds Another Big Order

Boeing Co. (NYSE: BA) announced another big order for its 737 MAX aircraft. The airplane leasing division of General Electric…

Economic Cycle Research Institute Says U.S. Recession Is Already Here

The argument is out whether we are already in a recession in America or whether a recession is still coming. …

Today’s Market Winners and Losers

Stocks are mixed today, with the Dow Jones Industrial Average is up 0.11%,  the Nasdaq down 0.43% and the S&P…

There Are 3.6 Million Job Openings In America!!!

Are job openings really just becoming impossible to fill?  Unless you are referring to North Dakota, there should be an ample…

Small Business Owners’ Confidence Plunges

The National Federation of Independent Business (NFIB) reported that its small business optimism index fell 3 points in June to…

Avalon Rare Metals Increases Estimate on Canadian Deposit — Stock Falls Anyway

Rare earths miner Avalon Rare Metals Inc. (NYSEMKT: AVL) today reported the results of a resource estimate for its Nechalacho…

Despite Awful Performance, Martha Stewart Contract Extended

It must be nice to be a founder. Despite a horrible performance, both financially and for shareholders, Martha Stewart was…

Did The Coldwater Creek Turnaround Really Get Saved?

Coldwater Creek Inc. (NASDAQ: CWTR) is nothing short of a highly unusual winner today.  The news is that the women’s…