ThinkstockWith all of the concern about the cost of college followed with massive student debt, one has to wonder why anyone would still want to be in the student loan business. The government has…
thinkstockThe Belarusian Potash Company (BPC) lives again. Ever since Russian potash producer Uralkali pulled out of the trading company in late July, its sole partner, Belaruskali, has been fighting the dissolution, primarily by charging…
ThinkstockPandora Media Inc. (NYSE: P) may have released news that its listening hours rose by 16% in August. It also said that its total U.S. market share of all radio was 7.46%, an increase…
ThinkstockSomehow and some way the new Pennsylvania Lottery Powerball jackpot already has crossed back above the $200 million mark for the winning lottery pool. Because 24/7 Wall St. is so concerned with the nation’s personal…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories decreased by 1.8 million barrels last week, maintaining a total U.S. commercial crude inventory to 360.2…
Alliant Techsystems Inc. (NYSE: ATK) is making what may be a game-changing acquisition. The reality is that it is a simple bolt-on merger for the company, but it opens up the company to even…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 58 billion cubic feet last week, compared with an expected build of about 53 billion to 57 billion cubic…
The analyst team at Sterne Agee has updated its book value estimates for the high-yield mortgage-backed securities (MBS) real estate investment trust (REIT) sector. The move is based on rising interest rates that keep…
ThinkstockRetailers are announcing August same-store sales figures today. Research firm Retail Metrics projected an overall gain of 3.2% year-over-year, compared with a 4.2% gain in July and a 4.3% gain in June. Retail sales…
ThinkstockIn a tracking survey that estimates the percentage of the U.S. population employed at least 30 hours a week, Gallup reports that the Payroll to Population (P2P) employment rate fell from 44.6% in July…
Ed Brown, via Wikimedia CommonsFriday’s report from the U.S. Department of Labor likely either will shock or enthrall the stock and bond market. After all, we have a tentative Syrian military strike to contend…
ThinkstockWhen the Mortgage Bankers Association (MBA) issued its weekly purchase applications report on Wednesday, the group noted without comment that interest rates for a conforming mortgage (less than $417,000) were 4.73%. Interest rates for…
Investors are bombarded daily with contrary opinions from talking heads that don’t get paid for their expertise in stock performance. The reality is that investors constantly are given advice that seems at the very least…
Jon OggInvestors and traders often get to read about the Wall Street analyst upgrades, but they often do not get to hear when to sell or avoid a stock. Each morning 24/7 Wall St.…
ThinkstockThe Deutsche Bank technology analysts did plenty of networking at the recent VMworld 2013 conference and came away with some pretty solid conclusions. A key insight from analysts information technology (IT) conversations at VMworld…