ThinkstockEasy money and near-zero interest rates from the Federal Reserve created a great environment for gold bugs to drive the price of gold higher and higher. Central banks around the world also were printing new…
courtesy Dell Inc.Michael Dell and Silver Lake Partners did not get the voting rules change they sought from a special committee of the board of directors of Dell Inc. (NASDAQ: DELL). The special committee…
ThinkstockFriday’s key Labor Department report on unemployment and payrolls will be highly watched, and we have two nongovernmental reports that could significantly change those expectations. The ADP report for July looked good on the…
courtesy of SamsungA new smartphone brand study could be the harbinger of a new world order. Two smartphones made by Samsung Electronics were the top U.S. scorers, ahead of various iPhone models from Apple…
ThinkstockThe U.S. Bureau of Economic Analysis (BEA) has released its preliminary report on second-quarter gross domestic product (GDP). This report will be subject to two future revisions, but note that today’s report is considered…
ThinkstockADP has released its monthly payrolls report ahead of Friday’s key unemployment and private sector payrolls report from the U.S. Labor Department. The news looks good on the surface, as ADP signaled that the…
ThinkstockAlpha is one of those confusing terms that is used in the financial industry but rarely defined. It is basically a performance measurement on a risk-adjusted basis. Alpha takes the volatility or price risk…
ThinkstockPhillips 66 (NYSE: PSX) reported second-quarter 2013 results before markets opened this morning. The oil refiner posted adjusted diluted earnings per share (EPS) of $1.50. In the same period a year ago, the company…
Jon OggInvestors and traders are often looking for new research ideas that will generate higher income or more profits. 24/7 Wall St. reviews many analyst research calls from Wall Street and from boutique firms…
ThinkstockWhen reviewing the focus list at any major Wall Street firm, we like to screen the list for the stocks that may provide the biggest upside return for our readers. The focus list at…
thinkstockYesterday’s announcement of the breakup of Belarusian Potash Co. (BPC) sent shares of North American potash producers tumbling by the largest dollar amounts in nearly five years. And that may just be the good…
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a drop of 3.7% in the group’s seasonally adjusted composite index following a drop of 1.2% for the previous…
Jon OggInternational Business Machines Corp. (NYSE: IBM) is on a determined path to get its earnings per share to $20.00 by 2015 at almost any cost. We have thought that the cost for this…
Mister DonutMany of America’s once-great restaurant chains are now impossible to find. While McDonald’s and Subway locations continue to multiply, Howard Johnson’s and Chi-Chi’s are all but forgotten. 24/7 Wall St. relied on food…
ThinkstockThe number of people employed in New York City, Dallas and Houston rose sharply in June, compared to a year ago, based on total number of people employed. Among all U.S. cities, these three…