New Home Sales Rise 2.1% in May
ThinkstockThe U.S. Census Bureau this morning released data on new single-family home sales for May. Sales rose 2.1% month over month to a seasonally adjusted annual rate of 476,000, from an upwardly revised April…
Archive
Year: 2013
All Year: 2013 Articles
Newest first · Page 209New LeapPad Ultra, Better for Kids Than the iPad and iPad Mini
LeapFrog Enterprises Inc. (NYSE: LF) looks like it will have a big hit with this new LeapPad Ultra tablet designed specifically for kids. If you are a parent, this almost certainly will blow away…
Case-Shiller House Prices Post All-Time High Monthly Gains
The S&P/Case-Shiller home price index for April posted its largest ever monthly gains. The 20-city composite rose 12.1% year over year, more than the consensus estimate for a gain of 10.9%,and above the March…
Home Prices Increase in April: FHFA
ThinkstockThe Federal Housing Finance Agency (FHFA) reported this morning that U.S. home prices rose 0.7% sequentially in the April. Compared to the April 2012, the house price index gained 7.4%. The FHFA monthly index…
Surprise in Retail Sales Data
thinkstockRetail chain sales are down 0.5% for the first three weeks of June versus May, according to Redbook Research, but the report is actually a gain of 2.8% from a year ago. What is…
Barnes & Noble Company Earnings Have Evaporated
ThinkstockBarnes & Noble Inc. (NYSE: BKS) reported fourth-quarter and full-year fiscal 2013 results before markets opened this morning. The bookstore chain reported a quarterly diluted earnings per share (EPS) loss of $2.11 on revenues…
A Very Pleasant Surprise from Durable Goods
Courtesy EADS/AirbusDurable goods figures are one of the most volatile economic releases issued each month. The Commerce Department report for May shows a very positive surprise of 3.6% to a seasonally adjusted $231 billion.…
Carnival Company Earnings Do Not Tell the Whole Story
ThinkstockCarnival Corp. (NYSE: CCL) reported second-quarter fiscal 2013 results before markets opened this morning. The cruise line operator reported adjusted earnings per share (EPS) of $0.09 on revenue of $3.48 billion. In the same…
Deutsche Bank Has Well-Known Small and Mid-Cap Stocks to Buy
Frank Golhen, via Wikimedia CommonsThe stronger the U.S. dollar becomes against foreign currencies, the more investors need to look at the small- and mid-cap stocks. Typically much of their core business is domestic in…
Top Analyst Downgrades and Stocks to Sell: Agilent, Melco Crown, Netflix and More
Jon OggInvestors get to see many analyst upgrades and Buy ratings from Wall Street firms, but they often miss or do not get to here the downgrades. 24/7 Wall St. reviews many fresh research…
Top Analyst Upgrades and Stocks to Buy: CME, J.C. Penney, Nike and More
Investors and traders seem to be constantly looking for fresh research ideas that will lead to higher income or more profits. 24/7 Wall St. reviews many fresh research calls each morning to find great…
J.P. Morgan Top Equity Strategist Says to Buy the Weakness in Stocks
Wikimedia CommonsThomas Lee at J.P. Morgan Chase & Co. (NYSE: JPM) was one of the last equity strategists to abandon his call for a correction back in the spring. On April 12, he threw in…
Walgreen Company Earnings Not What the Doctor Ordered
courtesy of WalgreenWalgreen Co. (NYSE: WAG) reported third-quarter fiscal 2013 results before markets opened this morning. The drugstore chain reported adjusted diluted earnings per share (EPS) of $0.85 on revenues of $18.31 billion. In…
Fracking Can Cause Drinking Water Contamination
ThinkstockPublic concerns over contamination of drinking water caused by exploring for and producing natural gas by hydraulic fracturing (fracking) have resulted in at least one study that finds methane may be a problem, but…
Lennar Company Earnings Boosted by Backlog
ThinkstockLennar Corp. (NYSE: LEN) reported second-quarter fiscal 2013 results before markets opened this morning. The home builder reported diluted earnings per share (EPS) of $0.61 on revenues of $1.43 billion. In the same period…