Archive

Year: 2013

All Year: 2013 Articles

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787 Dreamliner Problem Grounds 5 Polish Planes

courtesy Boeing Co.In what seems like a never-ending stream of problems with The Boeing Co.’s (NYSE: BA) 787 Dreamliner, Polish flag-carrier LOT Polish Airlines ASA said on Wednesday that it was forced to ground…

Paul Ausick · 13 years ago

The 10 Most Heavily Shorted Stocks Against Their Float

24/7 Wall St. reviews many short interest changes throughout the month. What generally stands out the most is when there are big short interest trend changes, such as seeing that high-yield dividend stocks were…

Jon C. Ogg · 13 years ago

Foundation Medicine IPO Greeted with Open Wallets

Thinkstock Cancer-treatment company Foundation Medicine Inc. (NASDAQ: FMI) held its initial public offering (IPO) Wednesday morning. The company sold 5.9 million shares at an offering price of $18 a share, above its proposed range…

Paul Ausick · 13 years ago

Countries With The Most Immigrants

ThinkstockThe United States has always been regarded as a nation of immigrants. Recently-published figures from the United Nations support this view. More than 45 million immigrants live in the U.S., according to UN figures,…

247alex · 13 years ago

BlackBerry Credit Ratings at Risk Under Fairfax Buyout

Courtesy BlackBerryBlackBerry Ltd. (NASDAQ: BBRY) has only one hope at the current time: its buyout. That buyout may come with some unfortunate implications. Fitch Ratings has issued a report that should bring at least…

Jon C. Ogg · 13 years ago

U.S. Postal Service Hikes Stamp and Mail Prices

courtesy of USPSThe U.S. Postal Service (USPS) claims to be a self-supported government enterprise that receives no tax dollars for operating expenses. Somehow, it keeps operating at losses, it keeps having severe pension issues and…

Jon C. Ogg · 13 years ago

Crude Oil Supply Report Sends Price Tumbling

ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 2.6 million barrels last week, maintaining a total U.S. commercial crude inventory to 358.3…

Paul Ausick · 13 years ago

J.C. Penney Stock Sinks to 12-Year Low — Updated

courtesy J.C. Penney Co. Inc.Update: At the time of writing, we had not seen the news that Goldman Sachs had downgraded J.C. Penney stock to Underperform. Given that the bank was reported earlier this…

Paul Ausick · 13 years ago

New Home Sales Not as Good as They Look

ThinkstockThe U.S. Census Bureau this morning released data on new single-family home sales for August. Sales rose 7.9% month-over-month, to a seasonally adjusted annual rate of 421,000 from a downwardly revised July sales figure…

Paul Ausick · 13 years ago

Short Sellers Pile On and Attack High-Yield Dividend Stocks

ThinkstockShort sellers have increased their bets against the stable high-dividend stocks that are in most Americans’ retirement accounts and mutual funds. In fact, the mid-September short interest saw year highs in many cases. Only…

Jon C. Ogg · 13 years ago

Alibaba Drops Plans for Hong Kong Listing

ThinkstockChina’s e-commerce giant, Alibaba, has dropped plans to file for an initial public offering (IPO) valued at more than $60 billion on the Hong Kong Stock Exchange. The company now is expected to file for…

Paul Ausick · 13 years ago

Durable Goods May Have Role in QE and Tapering Decision

ThinkstockThe recent decision from Ben Bernanke and the FOMC to not start tapering bond purchases was supposedly due to the economic strength simply not being on solid enough ground to justify and tolerate the…

Jon C. Ogg · 13 years ago

3D Printing Short Sellers in Retreat?

ThinkstockWe have tracked the key short interest changes as of September 13 in the following 3D printer and services companies: 3D Systems Inc. (NYSE: DDD), Stratasys Ltd. (NASDAQ: SSYS), The ExOne Co. (NASDAQ: XONE)…

Paul Ausick · 13 years ago

Top Companies Presenting at the Goldman Sachs Communacopia Conference

Wikimedia CommonsIn what has become an industry-leading conference, Goldman Sachs once again is holding its annual Communacopia conference. For the 22nd year, the conference will attract the top names in telecommunications, media cable companies…

Lee Jackson · 13 years ago