Ed Brown, via Wikimedia CommonsWeekly jobless claims data have been released by the U.S. Labor Department. Last week was a very big surprise as the preliminary figure rose to 360,000 when it was expected…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Thursday, July 18, 2013. They include Citrix Systems, eBay, Intel, SanDisk and Johnson & Johnson.
courtesy of VerizonVerizon Communications Inc. (NYSE: VZ) today reported second-quarter 2013 results before markets opened this morning. The telecom giant reported adjusted diluted quarterly earnings per share (EPS) of $0.73 on revenues of $29.79…
ThinkstockThe exploration and production (E&P) research team at Deutsche Bank expect significant focus at the midway point in the year for top oil and gas stocks they cover to be on capital allocation. With…
Wikimedia CommonsPhilip Morris International Inc. (NYSE: PM) reported second-quarter 2013 results before markets opened this morning. The tobacco products firm posted adjusted diluted earnings per share (EPS) of $1.30 on revenue of $7.92 billion.…
courtesy of Nokia Corp.Nokia Corp. (NYSE: NOK) reported second-quarter 2013 results before markets opened this morning. The mobile handset maker’s adjusted earnings broke even on revenues of €5.7 billion (about $4.37 billion). In the…
courtesy of Google Inc.For investors who believed that Google Inc.’s (NASDAQ: GOOG) shares would be held down because it has only one source of revenue, it is time to adjust expectations. The search company…
Wikimedia CommonsNike Inc. (NYSE: NKE) was just about the only sponsor to stay with Tiger Woods after his career meltdown in late 2009. He has proved that the sponsors who left him should want to…
ThinkstockThe austerity versus stimulus battle flamed up again as the Greek parliament approved massive layoffs of public workers. Now, the proponents of cost cuts in financially weakened nations will get up-close evidence about whether…
courtesy of DellCarl Icahn told the media and investors who have followed, and participated in, his attempt to seize control of Dell Inc. (NASDAQ: DELL) that he has a new chief executive in mind.…
ThinkstockThe way we produce and consume energy is changing in this country. Recently, coal and oil consumption has fallen. Meanwhile natural gas production has been rising, accounting for more than a third of the…
thinkstockJ.P. Morgan Chase & Co. (NYSE: JPM) are reportedly negotiating a settlement of $500 million with the Federal Energy Regulatory Commission (FERC). The FERC announced penalties of about $470 million against Barclays PLC (NYSE:…
courtesy of IBMInternational Business Machines Corp. (NYSE: IBM) is the largest DJIA stock by its weighting, and it has just reported its company earnings for the second quarter of 2013. IBM’s report was up…
Wikimedia CommonsIntel Corp. (NASDAQ: INTC) reported second quarter results after markets closed today. The semiconductor maker reported diluted earnings per share (EPS) of $0.39 on revenue of $12.8 billion. In the same period a…
July 17, 2013: U.S. equity markets opened higher this morning and managed to hold onto a decent gain following a day of ups and downs as Fed Chairman Ben Bernanke testified before Congress. While…