ThinkstockBetween the sharp back-up in long-term rates that will penalize mortgage and trading results, and the ongoing political bloodlust that reflects itself in fines and litigation accruals, the banking analysts at Oppenheimer think this…
Jon OggStocks have seen five days of selling, and investors are deciding which stocks are bargains and which ones will have more downside. 24/7 Wall St. reviews dozens of Wall Street analyst research reports…
ThinkstockTwo oil field services companies announced on Tuesday that they plan to spin off parts of their businesses into separately traded companies. National Oilwell Varco Inc. (NYSE: NOV) will hive off its distribution business,…
courtesy of Apple Inc.When Apple Inc. (NASDAQ: AAPL) released its new iPhone 5S and 5C a couple of weeks ago, one of the countries included in the lucky first 11 was China. A basic…
ThinkstockAs a rule, Wall Street brokers and financial advisors typically try to steer their clients away from stocks that trade under $10, as well as avoid like the plague stocks that trade under $5.…
ThinkstockJ.P. Morgan Chase & Co. (NYSE: JPM) seems to be entering a no-win scenario when it comes to finances and regulators. The billions upon billions of dollars in fines, settlements, regulatory fees and the…
ThinkstockIn 2013, the average Acura TSX Sport Wagon spent close to half a year on the lot before being sold. This makes it the slowest-selling car in the United States. Car site TrueCar provided…
ThinkstockImagine a world in which Americans do not have an Internet connection because they don’t want one. That world seems improbable, but it exists nonetheless. The primary reason is that many people in the…
courtesy of Google Inc.Boston Consulting Group (BCG) released its list of “The Most Innovative Companies of 2013.” As is the case with most of these types of lists, the conclusions are based on a…
ThinkstockCalifornia Governor Jerry Brown signed a bill that will take the state’s minimum wage to $10 from the current $8 in two stages — $9 an hour next year and $10 in 2016. The…
September 25, 2013: U.S. markets opened slightly higher again Wednesday and pretty much followed the same trajectory as the day before. Today’s report on U.S. durable goods orders was a dubious achievement and other…
courtesy Wal-Mart Stores Inc.Update: This story edited to include Walmart’s denial of a report of a cut in orders. Mega-retailer Wal-Mart Stores Inc. (NYSE: WMT) has denied as “blatantly false” reports that it has…
ThinkstockNo new oil refinery has been built in the U.S. in more than 35 years. Now there are two in the works. A 20,000-barrel a day refinery in North Dakota is already under construction…
ThinkstockThe latest report from the Federal Reserve is out showing that total household net worth rose again in the second quarter of 2013. The main gains were from real estate and stocks, with a…
courtesy Making Change at Walmart and UFCWWal-Mart Stores Inc. (NYSE: WMT) is the king of retailing, with the largest presence of all retailers with more than 2 million workers and with what may be…