thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 65 billion cubic feet last week, compared with an expected build of about 67 billion cubic feet anticipated by…
courtesy of Apple Inc.In what might be an unprecedented move by Apple Inc. (NASDAQ: AAPL), the company apparently has agreed to permit Wal-Mart Stores Inc. (NYSE: WMT) to sell the iPhone 5C and iPhone 5S…
courtesy of VerizonIt appears that not everyone is pleased and excited about the Verizon Communications Inc. (NYSE: VZ) $130 billion buyout deal with Vodafone Group PLC (NASDAQ: VOD). The independent research firm Argus has…
ThinkstockThe undercapitalized bank list is getting smaller and smaller. That means that bank closures will become individual cases of inept managers rather than the prior flow of closures that came in waves. SNL Financial…
ThinkstockShares of Internet radio company Pandora Media Inc. (NYSE: P) are up sharply in premarket trading Thursday morning following last night’s introduction of Brian McAndrews as the company’s new CEO. Wall Street certainly is…
Ed Brown, via Wikimedia CommonsThe U.S. Labor Department released its report on weekly jobless claims, and this looks to be the best report in years. Unfortunately, the officials said that the drop appears to…
Jon OggThe market keeps showing ambitions to go higher, and investors are looking for ideas on stocks to buy, stocks to sell and stocks to avoid. 24/7 Wall St. reviews dozens of Wall Street…
Jon OggWith a slew of tech headlines hitting the tape over the past few weeks, many firms on Wall Street have become more vocal about the potential for tech outperformance, not only the rest…
ThinkstockLululemon Athletica Inc. (NASDAQ: LULU) has been one of the largest and greatest IPO-to-riches stories of the past decade. That was the case right up until the company proved that it could make blunders…
courtesy of Apple Inc.The day that most of us have expected is right around the corner. Research firm International Data Corp. (IDC) reported on Wednesday that shipments of tablet devices will surpass shipments of…
ThinkstockBack in early August we suggested that the reported Hilton initial public offering would be very important to the IPO market. After all, this was one of the top ten largest private equity buyouts…
ThinkstockIn August, the number of homeowners entering the foreclosure process, known as foreclosure starts, fell below pre-recession levels for the first time. In some states, the decline in foreclosure starts has been even more…
ThinkstockHowever rich some portion of America has become, there is another slice that cannot afford to buy food. If 1% of people in the United States control an extraordinary amount of the wealth, another…
ThinkstockRoyal Mail Group Ltd., the U.K. postal operation, will go public soon. Among the reasons appears to be that the government would like to make money on the value of the institution and avoid…
ThinkstockRealtyTrac produced more evidence that the housing market is in an impressive recovery. Unfortunately, the trend has left several states behind. In a statement: RealtyTrac released its U.S. Foreclosure Market Report for August 2013,…