thinkstockDecember 13, 2013: Markets opened higher on Friday morning but struggled to hold onto those gains throughout the day. It was very close, but the three major indexes did manage only a mixed close.…
ThinkstockSome of the country’s once iconic brands — in retail, consumer products and beer — are now shells of their former selves. Some of America’s restaurants, too, are not what they used to be.…
ThinkstockCharter Communications Inc. (NASDAQ: CHTR) is reported to be preparing an offer to acquire larger competitor Time Warner Cable Inc. (NYSE: TWC) at a price below $135 a share. Time Warner has reportedly indicated…
Mega MillionsIsn’t Friday the 13th supposed to be considered an unlucky day? Perhaps a massive lottery drawing on the night of Friday the 13th will change that. The Mega Millions jackpot is now up…
The state of North Dakota produced 972,000 barrels of oil a day in October and is on track to reach 1 million barrels a day in December. The state also struck oil of a…
ThinkstockTwo more initial public offerings (IPOs) went off Friday morning. Nimble Storage Inc. (NYSE: NMBL) and Cheniere Energy Partners L.P. Holdings LLC (NYSEMKT: CQH) are both trading, but with considerably different results. Nimble Storage,…
ThinkstockThe U.S. Bankruptcy Court for the Southern District of New York issued a ruling on Thursday that could result in a damage award to Tronox Ltd. (NYSE: TROX) of as much as $14.5 billion…
ThinkstockA rumor that Qualcomm Inc. (NASDAQ: QCOM) president and COO Steve Mollenkopf was under consideration for the open CEO position at Microsoft Corp. (NASDAQ: MSFT) apparently lit a fire under Qualcomm’s board, which announced…
ThinkstockStocks are still close to all-time highs as the new year approaches, and investors have to start positioning themselves for 2014. 24/7 Wall St. reviews dozens of Wall Street analyst reports each morning to…
ThinkstockWhile many on Wall Street are predicting a possible slide in West Texas Intermediate (WTI) pricing for next year, the energy team at Merrill Lynch is reasonably bullish. Some firms see a fall to…
courtesy of Wal-Mart Stores Inc.You know it has been a tough year for a stock when the market is up more than 25% but the stock is down. Underperformance in an up market can…
Courtesy Volkswagen AGThe CEO of Volkswagen’s U.S. group, Jonathan Browning, is leaving the company for personal reasons and returning to his home in the United Kingdom. The Wednesday night press release does not say…
Courtesy Boeing Co.After three days of talks between Boeing Co. (NYSE: BA) and the International Association of Machinists & Aerospace Workers (IAM) local union ended Thursday night, the union’s leadership rejected what Boeing called…
Wikimedia CommonsAmazon.com Inc. (NASDAQ: AMZN) admitted that the discounts it gave on gifts during its Black Friday Deals Week and Cyber Monday Deals Week are over. Like every other retailer, it has to keep…
courtesy of Cisco SystemsJohn Chambers, the longtime CEO of Cisco Systems Inc. (NASDAQ: CSCO) made a presentation to investment analysts. It contained dozens of PowerPoint slides, but the audience only cared about one. It…