courtesy of General MotorsAs of Monday night, U.S. taxpayers are no longer shareholders in General Motors Corp. (NYSE: GM). So the company’s decision to announce Tuesday morning that Mary Barra will become the new…
Jon OggStocks are looking for direction after the first week of a sell-off on the heels of eight weeks of a rally. At the same time, investors are getting ready for year-end and positioning…
courtesy of Apple Inc.As we begin to finish up the final month of what has been a tremendous year for the stock market, the 24/7 staff is reviewing what the major Wall Street firms…
ThinkstockEquity investors are enjoying very nice gains in 2013. So far the S&P 500 is up 26.6%, the best performance since 1998. But the story is very different when UBS looked at the three…
ThinkstockHow long can a company survive selling high-priced (some might say overpriced) yoga clothing for women? We are about to find out as yoga apparel maker Lululemon Athletica Inc. (NASDAQ: LULU) is getting a…
Thinkstock Can the U.S. coal mining industry in be saved? The forces arrayed against coal are formidable: environmental groups hate the stuff, the U.S. Environmental Protection Agency (EPA) has proposed rules that effectively eliminate the…
ThinkstockTwitter Inc.’s (NASDAQ: TWTR) shares, despite worries that it has no sustainable revenue model, have outperformed those of LinkedIn Corp. (NYSE: LNKD) and Facebook Inc. (NASDAQ: FB) over the past month. Incidentally, Wall Street…
ThinkstockThe board of directors at Abercrombie & Fitch (NYSE: ANF) has decided to extend the contract of CEO Michael Jeffries, and activist investor Engaged Capital LLC could not be more displeased. The fund had…
ThinkstockNew research show that women have not been able to break the glass ceiling at many large corporations, at least as measured by their numbers in senior management and on board. According to research…
ThinkstockThe American Customer Satisfaction Index has released its ranking of the nation’s top four banks, which include J.P. Morgan Chase & Co. (NYSE: JPM), Citigroup Inc. (NYSE: C), Wells Fargo & Co. (NYSE: WFC) and…
thinkstockDecember 9, 2013: Markets opened higher again Monday morning mostly because traders couldn’t get enough of Friday’s action. All three major indexes remained in positive territory all day, but by closing time the gains…
Courtesy of BlackBerryFailing smartphone maker BlackBerry Ltd. (NASDAQ: BBRY) has been keeping a low profile since the firm hired turnaround artist John Chen to run the company early in November. Shares of the company’s…
courtesy of Sprint Corp.Sprint Corporation (NYSE: S) seems to be in a far better position financially after its merger versus when it was on its own. After seeing two different credit rating agency reports…
ThinkstockIntel Corp. (NASDAQ: INTC) is an overvalued chip stock. Wait, or is it? With shares up around $24.90 after being fingered as a top Barron’s stock to buy for 2014, the consensus price target…
ThinkstockIn a new report released Monday, the Center for Automotive Research (CAR) reckons that the federal government bailout of General Motors Co. (NYSE: GM) saved 1.2 million U.S. jobs and preserved $34.9 billion in…