July 23, 2013: U.S. equity markets opened higher this morning, but only the DJIA was able to stay in positive territory throughout the day. There was little economic data out of Europe today, but…
bitcoin.orgThere is more bad news for Bitcoin, and it is not just that proposed Bitcoin ETF is not going to ever be allowed off the ground. The Securities & Exchange Commission has charged a man…
courtesy of StarbucksFor people who hate coffee, free WiFi, scones and obnoxious baristas, Starbucks Corp. (NASDAQ: SBUX) has entered the yogurt business, which is among the most crowded food businesses in the world. But…
ThinkstockThe Organization of Petroleum Exporting Countries (OPEC) earned $982 billion in net oil export revenues in 2012 according to the latest report from the U.S. Energy Information Administration. The total is given in nominal…
ThinkstockHercules Offshore, Inc. (NASDAQ: HERO) announced on Tuesday that it is experiencing a well control incident in the Gulf of Mexico. Unfortunately, this is likely to bring up fears of the BP Plc (NYSE: BP)…
ThinkstockIn the second quarter of 2013, 59% of privately held companies surveyed by PricewaterhouseCoopers LLP were optimistic about the U.S. economy. That’s up from 50% in the first quarter of this year and 50%…
ThinkstockThe day when you merely had to open your front door to pick up your mail may be fading away. The U.S. Postal Service has begun notifying residents of some new and fast-growing housing…
ThinkstockThe Wendy’s Company (NASDAQ: WEN) is proving to be a serious turnaround contender. After double-digit gains after its earnings report, many investors might be tempted to flood back into the stock. In fact, the…
ThinkstockBy now, anyone paying any attention to gasoline prices has run into the term “blend wall,” which is the point at which mandated ethanol production matches or exceeds ethanol demand. Because gasoline marketers must…
ThinkstockIt was just in March that the CBOE VOLATILITY S&P 500m Index, or the VIX, hit a low of almost 11.0. The signal then was that there was not a care in the world,…
courtesy of AppleApple Inc. (NASDAQ: AAPL) is set to report earnings after the close on Tuesday. You have seen disappointing earnings reports from the likes of Intel Corp. (NASDAQ: INTC) and Microsoft Corp. (NASDAQ:…
ThinkstockNetworking giant Cisco Systems Inc. (NASDAQ: CSCO) announced this morning that it would acquire cybersecurity firm Sourcefire Inc. (NASDAQ: FIRE) for $76 a share in cash, a premium of 29% to Sourcefire’s closing price…
Stock buybacks are trumping dividends for investors. We recently took a look at how much stocks with share repurchase plans are outperforming those that just raise dividends, but we would also note that companies that…
ThinkstockPeabody Energy Corp. (NYSE: BTU) reported second-quarter 2013 results before markets opened this morning. The coal miner posted adjusted diluted earnings per share (EPS) of $0.33 on revenues of $1.73 billion. In the same…
ThinkstockFreeport-McMoRan Copper & Gold Inc. (NYSE: FCX) reported second-quarter 2013 results before markets opened this morning. The mining company reported diluted earnings per share (EPS) of $0.49 on revenues of $4.29 billion. In the…