IEA Weighs In on Oil Market, Crude Oil Futures
ThinkstockThe International Energy Agency (IEA) is the last of the closely watched reports on the oil market to come out this month. The agency said today that it raised its oil demand growth forecast…
Archive
Year: 2013
All Year: 2013 Articles
Newest first · Page 191D.C. Decision Will Kill a Plan for New Walmart Jobs
courtesy Wal-Mart Stores Inc.Supporters of an effort by District of Columbia lawmakers to set required private company pay well above the national minimum will regret the day they passed a bill to do so. D.C. needs the jobs.…
The Most Corrupt Countries in the World
ThinkstockMore than half of the world’s population believes corruption in the public sector is a very serious problem. Liberia and Mongolia are the two most corrupt countries in the world, according to a recent…
T-Mobile Service Still Awful as It Tries to Recover
courtesy of SamsungT-Mobile has set a plan to turn itself around in the United States. The effort will not be a success. Its service record it too poor and the public’s perception of it…
Car Sales in China No Longer Auto Industry’s Future
ThinkstockWhite-hot car sales in China have slowed considerably and no longer outpace the percentage rise in the United States by much. Auto sales in the People’s Republic were up by 11.2% in June, but…
Foreclosures Drop to 2006 Levels, Remain Harsh in Some Places — RealtyTrac
ThinkstockThe housing market has finally come full circle, at least by one measure. Foreclosure levels have dropped to those in December 2006, the year when the bubble apparently peaked. RealtyTrac noted, as it reported…
Shanghai Composite Rockets 3.2% Higher
ThinkstockDespite awful economic news about its own gross domestic product (GDP) prospects, China’s Shanghai Composite rose 3.2% to 2,073. It is worth remembering that it is down 10% over the past six months. In concert…
Strong Gun Sales Still Support Stock Buybacks at Smith & Wesson
Smith & Wesson Holding Corp. (NASDAQ: SWHC) has been the beneficiary of very high gun demand for more than two full quarters now. Demand was already high, but the massacre at Sandy Hook and…
RBC Files to Raise Up to $25 Billion in Debt Offering, Growing the Capital Base
ThinkstockSeeing a U.S., Canadian or European bank file to raise cash in a debt offering is generally nothing unusual. But when a bank files for a debt offering this large, it stands out a…
PC Sales Slide for Fifth Straight Quarter
ThinkstockLate last month research firm Gartner Inc. (NYSE: IT) forecast that PC sales would fall by 10.6% in 2013. Right on on plan, the firm said today that second-quarter shipments fell by 10.9%. For…
Yum! Brands Company Earnings Report Lives Up to Promises of China Turnaround
courtesy of KFCYum! Brands Inc. (NYSE: YUM) has reported adjusted earnings of $0.56 per share for its second quarter, with worldwide operating profits down 20% and its global margin down 2.7 points to 12.5%.…
Wall Street After-Hours: Penn Gaming; Zumiez
ThinkstockPenn National Gaming Inc. (NASDAQ: PENN) announced that it has received approval from the Nevada Gaming Commission to implement the company’s previously announced separation of its operating assets and its real estate assets. Penn…
More MLP Secondary Offerings Coming Soon, Dividend Pickers on Sale
ThinkstockThe world of master limited partnerships (MLPs) has thrived under the era of low interest rates and high energy prices and high drilling. Income investors have collected high payouts, some as income and some…
Closing Bell for Wednesday on Wall Street: Markets Mixed, Start to Finish Today
July 10, 2013: U.S. equity markets opened barely mixed this morning after last night’s downgrade of Italian debt and a report that both China’s exports and imports declined in June. There was little other international…
The Golf Dream IPO: ClubCorp Wants to Come Public
gemphotography/ThinkStockGolfers can get ready for another a rare initial public offering. ClubCorp Holdings, Inc. has submitted a confidential draft registration with the Securities and Exchange Commission for a possible initial public offering of its common…