More Concern for National Bank of Greece
thinkstockThe ADR shares of National Bank of Greece SA (NYSE: NBG) are having yet another rough day. News that the nation of Greece may not receive bailout funds is not helping matters for the…
Archive
Year: 2013
All Year: 2013 Articles
Newest first · Page 200Economic Confidence at All-Time High: Gallup
ThinkstockAmericans’ confidence in the U.S. economy nearly matched its highest monthly reading since 2008 in June, posting a reading of -8 compared with May reading of -7, according to the latest data from Gallup.…
A Flood Hedge Funds for Individual Investors on the Way
ThinkstockThe world of hedge funds and active management is on the verge of a serious change as far as Joe Public is concerned. The U.S. Securities and Exchange Commission is on the verge of…
GM Automobile Sales at Five-Year High
courtesy of General MotorsAutomaker General Motors Co. (NYSE: GM) said today that June automobile sales rose 6.5% this year, compared with June of 2012. The company sold a total of 264,843 vehicles in June,…
SanDisk Acquires Enterprise Solid-State Drive Maker
ThinkstockFlash memory maker SanDisk Corp. (NASDAQ: SNDK) announced this morning that it has signed a definitive agreement with private equity firm Silver Lake Partners to acquire SMART Storage Systems, a developer of enterprise solid-state…
Factory Orders on the Rise in May
ThinkstockFactory orders in America rose by a slightly better than expected 2.1% in May, according to the Commerce Department. Both Bloomberg and Dow Jones had estimates for a gain of 2.0%. If you back…
ISM-New York Hits Low Not Seen in More Than Four Years
ThinkstockThe Institute for Supply Management (ISM) has released its Report on Business for the month of June, and the numbers are pretty bad. In fact, the June report appears to be a four-year low…
June Auto Sales at Chrysler and Ford Don’t Keep Up with May Sales
Courtesy Ford Motor Co.June U.S. auto sales numbers are due out from most U.S. and foreign automakers today, and it looks like June is shaping up to follow on the gains the carmakers saw…
CoreLogic May Home Price Index Continues Upward March
Home prices rose 12.2% in May compared with the same month a year ago, the largest monthly increase since February 2006 according to research firm CoreLogic Inc. (NYSE: CLGX). The firm previously had forecast…
Not Everyone Excited About New Zynga CEO and Layoff News
ThinkstockZynga Inc. (NASDAQ: ZNGA) has enjoyed a sudden new interest from traders on news that Don Mattrick has been hired away from the Microsoft Corp. (NASDAQ: MSFT) Interactive unit. The stock enjoyed a gain of…
Which Biotech Stocks Are Buyout Targets After Onyx Pharmaceutical Rejects Amgen?
ThinkstockOn Friday after the market closed, biotech giant Amgen Inc. (NASDAQ: AMGN) made an unsolicited $120 per share bid for Onyx Pharmaceuticals Inc. (NASDAQ: ONXX) that was rejected. The company has now hired advisors…
Chip Sales at Three-Year High
ThinkstockFor all the news that sales of personal computers (PCs) and laptops are declining, chipmakers are doing all right, thank you very much. Semiconductor sales rose 4.6% in May to post their largest month-over-month…
Top Analyst Upgrades and Downgrades: Cheniere, Groupon, Linn, Seagate and More
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Tuesday, July 2, 2013. They include Cheniere Energy, Groupon, Linn Energy and Seagate Technology.
Top Transportation Stocks to Buy for a Strong Second Half of 2013
ThinkstockTransportation stocks are typically leading indicators for the economy and the stock market. They did well in the first half of the year, outperforming the S&P 500 by almost 4%, despite the fact that…
Constellation Brands Company Earnings: Slightly Soured Grapes
ThinkstockConstellation Brands Inc. (NYSE: STZ) reported first-quarter fiscal 2014 adjusted diluted earnings per share (EPS) of $0.38 on revenue of $673 million. In the same period a year ago, the wine and beer company…