ThinkstockNordstrom Inc. (NYSE: JWN) reported second-quarter 2013 results after markets closed on Thursday. The department store chain posted quarterly diluted earnings per share (EPS) of $0.93 on revenues of $3.1 billion. In the same…
courtesy Dell Inc.Shares of Dell Inc. (NASDAQ: DELL) may have been caught in a serious merger tug-of-war between Michael Dell and Carl Icahn, but the PC-maker and IT services provider decided to release its…
August 15, 2013: U.S. equity markets opened lower this morning as yields on 10-year Treasuries rose to a 2-year high. In the U.S., lower than expected new claims for unemployment benefits and a consumer…
ThinkstockIn Thursday’s top analyst upgrades and downgrades from 247 Wall St., one significant downgrade that stood out the most was in shares of Smith & Wesson Holding Corp. (NASDAQ: SWHC). KeyBanc Capital Markets was…
courtesy of Sony Corp.Sony Corp. (NYSE: SNE) and Viacom Inc. (NASDAQ: VIAB) have reached a preliminary agreement that would allow Sony to carry Viacom’s cable channels on Sony’s planned Internet TV service. The report…
courtesy Ford Motor Co.On Thursday afternoon, Ford Motor Co. (NYSE: F) is expected to announce that its C-Max hybrid’s mileage rating will be cut from a combined 47 miles per gallon (mpg) to 43…
ThinkstockTropical Storm Erin looks like it may bring a late-August threat to the Caribbean and possibly the East Coast or to the Gulf of Mexico. We all know that some tropical storms progress into hurricanes, while others…
ThinkstockEditor’s note: According to a number of news sources, nearly 200 more people died in rioting in Egypt on Friday and more protests are expected today The Egyptian economy grew by 7% annually in…
ThinkstockSuncor Energy Inc. (NYSE: SU) traded higher on Thursday after the 13F filing from Berkshire Hathaway Inc. (NYSE: BRK-B) showed this company as a new position in the full Berkshire Hathaway equity portfolio. We would first…
Something may not be adding up properly with the U.S. Labor Department numbers. Perhaps it is just a lagging effect of CPI versus PPI, as we frequently have discussed, or the boys and girls counting the…
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 69 billion cubic feet anticipated by analysts.…
ThinkstockThe National Association of Home Builders (NAHB)/Wells Fargo housing market index rose by three points from a downwardly revised 56 in July to 59 in August. Last month’s reading had been the highest for…
White House Photo by Pete SouzaBerkshire Hathaway Inc. (NYSE: BRK-B) and Warren Buffett have released the conglomerate’s stock holdings as of June 30, 2013. This 13F filing with the SEC shows that the company’s…
ThinkstockWe have had earnings results from a handful of silver miners in the past few days, and the news has not been very good. After markets closed on Wednesday, Silver Wheaton Corp. (NYSE: SLW)…
ThinkstockThe information technology (IT) analysts at Oppenheimer continue to view the sector very favorably and believe that recent relative outperformance can continue in the months ahead. What keeps them so constructive on the sector…