courtesy of General MotorsGeneral Motors Co. (NYSE: GM) reported second-quarter fiscal 2013 results before markets opened this morning. The automaker posted diluted earnings per share (EPS) of $0.75 on revenues of $39.1 billion. In the…
thinkstockWe have tracked the key short interest changes as of July 15 in the following large cap stock market shares: General Electric Co. (NYSE: GE), Nokia Corp. (NYSE: NOK), Bank of America Corp. (NYSE:…
ThinkstockD.R. Horton Inc. (NYSE: DHI) reported third-quarter fiscal 2013 earnings before markets opened this morning. The home builder posted diluted earnings per share (EPS) of $0.42 on revenues of $1.6 billion. In the same period…
ThinkstockTo the naked eye, new data from Spain’s National Statistics Institute appears positive. The unemployment rate in the second quarter was 26.3%, down from 27.2% in the first three months of the year. However,…
Brian Solis, via Wikimedia CommonsThe best news to come from the most recent Facebook Inc. (NASDAQ: FB) earnings report rests on its successful move into mobile advertising. Large audiences of virtually all major sites have…
ThinkstockGoogle Inc.’s (NASDAQ: GOOG) single greatest weakness may be its poor market share in the world’s largest country as measured by population and Internet users — China. To make matters worse, Google’s primary competitor…
ThinkstockThe Ifo Business Climate index for Germany in July showed an improvement, bolstered other data about a stronger economy in the European Union’s largest economy by gross domestic product (GDP). Markit released PMI data that also…
National Hurrican CenterFlood, drought, pestilence. Old Testament style disasters cost $85 billion in the first half of 2013, according to the Aon Benfield “Global Natural Disaster Analysis.” According to the report: Global natural disaster losses…
ThinkstockThe best company to work, the worst, and the new “50 Best U.S. Cities for Employment Satisfaction” study from industry leading employee opinion group Glassdoor. The actual list would be better called a review…
courtesy of Facebook Inc.Facebook Inc. (NASDAQ: FB) has released its second-quarter earnings report showing that sales rose by 53% year over year to $1.813 billion in the quarter. Earnings came in at $0.19 per…
Qualcomm Inc. (NASDAQ: QCOM) reported third-quarter fiscal 2013 results after markets closed today. The communications chipmaker posted adjusted diluted earnings per share (EPS) of $1.03 on revenues of $6.24 billion. In the same period a…
July 24, 2013: U.S. equity markets opened higher this morning following upbeat estimates for eurozone flash PMI readings. In Asia, China’s PMI came in lower than expected, leading to more worries about how much…
ThinkstockThe recession turned the banks into whipping boys of Main Street, and finding many who feel sorry for the banks is no easy task. The issue that matters for your mutual funds and your…
ThinkstockMetallurgical coal miner Walter Energy Inc. (NYSE: WLT) today cut its quarterly dividend from $0.125 to $0.01. The cut was demanded by creditors in order to let the company amend a $2.73 billion senior…
courtesy Dell Inc.The management-led buyout of Dell Inc. (NASDAQ: DELL) keeps getting stranger and more drawn out by the day. In an effort by Carl Icahn to keep shareholders in the game and to…