ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories decreased by 4.4 million barrels last week, bringing a total U.S. commercial crude inventory to 355.6…
courtesy of General MotorsGeneral Motors Co. (NYSE: GM) soon will have less and less government (and taxpayer) oversight. Ongoing share sales have now reduced the government ownership to about 7.3%. This is still a…
ThinkstockThe summer conference season has drawn to a close for this year. What has become an annual trek for hedge funds, mutual funds, portfolio managers and other investors to have the opportunity to find…
ThinkstockThe U.S. Census Bureau and the Department of Housing and Urban Development reported this morning that new housing starts in August rose to an annual seasonally adjusted rate of 891,000, an increase of 0.9%…
ThinkstockSince August 2012, house prices in 69 of 70 Chinese cities have risen an average of 7.5%, leading to fears of a housing bubble in the Middle Kingdom. Higher prices are encouraging more development,…
Wall Street is a very fickle mistress. Analysts that work on Wall Street often cannot see the forest for the trees. They are more concerned about defending their reputation than actually doing the heavy…
Investors and traders are worried about an end to quantitative easing, yet stocks are rallying hard on fundamentals. This puts these same investors in a spot where they have to wonder which stocks to…
Jon OggStocks have rallied and investors are looking for ideas on which stocks to buy and which stocks to sell. 24/7 Wall St. reviews many fresh research calls each morning to find great ideas…
Adrian Pingstone, via Wikimedia CommonsFedEx Corp. (NYSE: FDX) reported first-quarter fiscal 2014 results before markets opened this morning. The package delivery service posted adjusted diluted earnings per share (EPS) of $1.53 on revenues of $11,0…
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting an increase of 11.2% in the group’s seasonally adjusted composite index, following a decline of 13.5% for the previous…
Wikimedia CommonsIntel Corp. (NASDAQ: INTC) is in a strange place right now for investors. The processor giant has been hamstrung from its lack of participation in the smartphone and tablet market as Qualcomm Corp.…
ThinkstockTickets to a New York Giants 2013 home game are the most expensive in the NFL. The Chicago Bears and the New England Patriots have the second and third most expensive tickets. While teams…
courtesy U.S. Federal ReserveIn the scheme of things, as far as the size of the economy and the massive amounts of credit capital that wash around the financial markets like a huge ocean, $10 billion…
ThinkstockAmong the most common comments about the new Census Bureau data on income, poverty and insurance coverage is that the rich have gotten richer and, at best, the middle and lower classes have held…
courtesy of StarbucksNothing worth adding. The letter speaks for itself: Tuesday, September 17, 2013 Posted by Howard Schultz, Starbucks chairman, president and chief executive officer Dear Fellow Americans, Few topics in America generate a…