Diamonds: Maybe Not Forever
ThinkstockFor the second time in less than a week, a diamond miner has said that it will have to figure out a way to become more profitable in a tough economic environment. The CEO…
Archive
Year: 2013
All Year: 2013 Articles
Newest first · Page 205Kansas City Fed Index Slips, but Expectations Are Positive
ThinkstockThe manufacturing survey from the Kansas City Federal Reserve Bank posted a reading of -5 in June, down from 2 in May and equal to the readings in March and April. A reading above…
Employer-Sponsored Health Insurance on the Way Out?
ThinkstockA significant portion of employers that currently offer health insurance to their employees are likely to drop that benefit in the next five years. According to a survey by J.D. Power, a division of…
Natural Gas Prices Tumble Following Storage Report
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 95 billion cubic feet last week, compared with an expected build of 88 billion cubic feet anticipated by analysts.…
Pending Home Sales at Seven-Year High
ThinkstockThe National Association of Realtors (NAR) this morning released its data on pending sales of existing homes in May. The pending home sales index rose 6.5% from a downwardly revised 105.2 in April to…
Cable Stocks to Buy as They Eye Plans to Offer Wireless Service via Wi-Fi
ThinkstockWireless is a $200 billion market, and the largest players have margins that approach 50%. In a new report, the telecommunications team at Jefferies estimates the cable operators actually carry more consumer wireless data…
KB Home Company Earnings Getting Better All the Time
ThinkstockKB Home (NYSE: KBH) reported second-quarter 2013 results before markets opened this morning. The home builder reported a quarterly diluted earnings per share (EPS) loss of $0.04 on revenues of $524.4 million. In the…
Job Security High Among Younger Workers
ThinkstockIf you are between the ages of 18 and 29, you think you have more job security today than you did a year ago. Only 18% of workers older than that feel more secure…
Positive Reports on Weekly Jobless Claims and on Personal Income
Ed Brown, via Wikimedia CommonsWe have two key pieces of employment data for Thursday’s key economic reports. Weekly jobless claims data is out from the U.S. Labor Department and personal income and spending data…
Mortgage Rates Post Largest Gain Since 2008: It Matters, and Here Is How Much!
ThinkstockIf you think that the rise in mortgage rates is just a blip, you better take another look at what this does for housing affordability. Bankrate.com showed that the 30-year fixed mortgage rate hit…
Raymond James Analyst Favorites List, Stocks to Buy: Exxon, Qualcomm, Toll Bros. and More
ThinkstockAs the first half of 2013 comes to a close, we have taken the opportunity to review the top stocks to buy from the various firms around Wall Street that we cover. The Analyst…
ConAgra Company Earnings Soft, Forecast Is Softer
courtesy ConAgra Foods Inc.ConAgra Foods Inc. (NYSE: CAG) reported fourth-quarter and full-year fiscal 2013 results before markets opened this morning. The food processor and packager reported quarterly adjusted diluted earnings per share (EPS) of…
Top 10 Analyst Upgrades and Downgrades: Humana, Seagate, Apollo, Macy’s and More
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Thursday, June 27, 2013. They include Humana, Seagate Technology, Apollo Global and Macy's.
One More Implosion for National Bank of Greece
thinkstockThe short sellers in America were already pounding on the National Bank of Greece S.A. (NYSE: NBG). Just on Wednesday we pointed out that the troubled Greek bank’s American depositary receipts (ADRs) in New York…
New Car Sales Jump in June Thanks to Nissan, Ford and Chrysler
courtesy of FordAutomakers will be reporting June sales next week, and now is the time for industry watchers to make their predictions of how the carmakers have performed. Kelley Blue Book (KBB) projects that…