Penney’s Shares Spike on Report that CEO Search Cranked Up
courtesy J.C. Penney Co. Inc.Shares of J.C. Penney Co. Inc. (NYSE: JCP) popped 10% on a report from CNBC that the company is looking for a permanent CEO to replace Mike Ullman, who was…
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Year: 2013
All Year: 2013 Articles
Newest first · Page 154Bill Gross August Investment Outlook More Like PIMCO Sales Pitch
PIMCO is perhaps the best known of the mega bond fund managers out there, and that makes Bill Gross the defacto bond king. His latest investment outlook is titled “Bond Wars” now that interest…
Kodak and Shutterstock: Different Focus, Different Direction
ThinkstockTwo companies in the digital imaging business reported results on Wednesday, and they could not have been more different. The venerable (and bankrupt) Eastman Kodak continued to post losses, while Shutterstock Inc. (NYSE: SSTK)…
Can the Department of Defense Save BlackBerry from Android and iPhone?
Courtesy BlackBerryThe rise and fall of Research In Motion, now BlackBerry Ltd. (NASDAQ: BBRY), has been a monumental one. Imagine having the best products craved by everyone to the point that your product name…
Home Foreclosures, Mortgage Loan Delinquencies at Five-Year Low in Q2
ThinkstockThe delinquency rate for mortgage loans at the end of the second quarter of 2013 fell to a seasonally adjusted rate of 6.96%. That is 29 basis points lower than the delinquency rate of…
Natural Gas Inventory Inventory Pushes Down Price
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 96 billion cubic feet last week, compared with an expected build of between 74 billion and 78 billion cubic…
Opexa Morphs from Mystery Mega-Rally to Money Killer
Opexa Therapeutics Inc. (NASDAQ: OPXA) may have just become the villain of Wall Street in emerging pharma and biotech. This stock more than doubled on Wednesday, on what was no official news but around…
J.C. Penney Stock Back to 2001 Lows: Next Stop $9.00
courtesy J.C. Penney Co. Inc.Shares of J.C. Penney Co. Inc. (NYSE: JCP) closed at $12.80 last night, after setting a new 52-week low of $12.50 during the day. Its shares have not traded at…
Extremely Bullish Analyst Upgrade for Sun Edison After Earnings Weakness
ThinkstockSun Edison Inc. (NYSE: SUNE) has enjoyed quite a recovery from its lows as MEMC. If the analyst team at BofA/Merrill Lynch is correct, Sun Edison investors are going to have a whole lot…
McDonald’s Same-Store Sales Up Slightly in July
Wikimedia CommonsFast-food giant McDonald’s Corp. (NYSE: MCD) today reported same-store sales growth of 0.7% in July, compared to sales in July of last year. Systemwide sales rose 1.6%, and 3.3% on a constant currency…
Conoco Sheds Some Oil Sands Leases
ThinkstockConocoPhillips (NYSE: COP) plans to shed about $13.5 billion in what the company calls non-strategic assets during 2013. It got $750 million closer today. Conoco has sold all of its lease interests in 226,000…
UBS Adds New Top Stocks to Buy on Its Quality Growth at a Reasonable Price List
courtesy of The Coca-Cola CompanyThe UBS quality growth at a reasonable price recommendation list (Q-GARP) is very timely for investors concerned that the stock market may be overbought and ripe for a correction. The…
Weekly Jobless Claims Tick Up, Continuing Jobless Claims Over 3 Million Again
Ed Brown, via Wikimedia CommonsThe U.S. Labor Department is out with its weekly jobless claims. The past week’s report rose by 5,000 to 333,000. The Dow Jones and Bloomberg estimates called for claims to…
Top Analyst Upgrades and Stocks to Buy: Groupon, Microsoft, Nike and More
Investors and traders have seen three days of selling now and might want to consider looking for stock bargains in the malaise. 24/7 Wall St. reviews many fresh research calls each morning to find…
Top Analyst Downgrades and Stocks to Sell: Crocs, Gold, Target, Tesla and More
These are the top analyst downgrades, cautious research notes and stocks to sell from Wall Street for Thursday, August 8, 2013. They include Crocs, Target, Tesla Motors and Royal Dutch Shell.