Greek Government May Fall over Austerity
ThinkstockSome of the parties that form the coalition that rules Greece have pulled out of the alliance. It appears another European government could fall over the question of austerity, or at the very least…
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Year: 2013
All Year: 2013 Articles
Newest first · Page 214Eurozone Interbank Activity Falls — Reuters
ThinkstockIn a sign of a loss of confidence in the balance sheets of some of the European Union’s largest banks, interbank lending has fallen among large financial firms. The falloff of this practice was…
Beyond Earnings: Oracle Brings Huge Dividend Hike, Stock Buyback and NYSE Listing
courtesy of OracleOracle Corp. (NASDAQ: ORCL) was supposed to have big news out around its earnings. We will cover the earnings of course, but the corporate governance issues are going to dwarf the earnings…
Metals Drop May Crush Jewelry Sellers, Gold and Silver Exchanges
ThinkstockIf you think it is painful to watch the decline (or plummet) in the price of gold and silver as a financial buyer, imagine participating in this decline as a jewelry retailer or as…
Closing Bell for Thursday on Wall Street: Market Sell-off Hits High Gear Today
U.S. equity markets opened lower this morning adding to yesterday’s carnage following the FOMC announcement yesterday. The widespread belief that sometime this year the Fed will start reducing its $85 billion in monthly asset…
The Mounting Losses in Bond Long-Term Funds, Adding Injury on Top of Injury
The US Treasury 30-year bond, the so-called Long Bond, is proving to be a widow-maker to those who bought a couple of months ago. Most investors did not want to hear that a mere…
Sprint Sweetens Offer for Clearwire
ClearwireThe saga continues. Sprint-Nextel Corp. (NYSE: S) and Clearwire Corp. (NASDAQ: CLWR) have today amended the agreement between the two companies to raise Sprint’s offer for the nearly 50% of Clearwire’s shares that it…
Nvidia Slashes Price of Video Game Console
courtesy of NvidiaOne day after announcing that it would begin more widely licensing its core designs, Nvidia Corp. (NASDAQ: NVDA) today announced that it will cut the price for its Android-based video game console.…
Do Bank Preferred Shares Really Have to Fear Fed Exit and Rising Rates Too?
ThinkstockThe volatility in the stock market is coming with an unusual twist and that is that there is no place to hide. The market flush is being seen over concerns about the end of…
Natural Gas Prices Put Halt to Price Gains
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 91 billion cubic feet last week, compared with the expected build of between 89 billion cubic feet anticipated by…
Four Stocks Investors Will Look at After a Market Correction
courtesy of Wal-Mart Stores Inc.You can try to interpret the news line by line, or you can just watch the ticker tape to see what it is telling you. When you have the price…
Boeing, Airbus Total More Than $125 Billion in New Orders at Paris Air Show
Courtesy EADS/AirbusFor those of you keeping score at home, the Paris Air Show has to be considered a major success for both Boeing Co. (NYSE: BA) and its main rival, Airbus, a unit of…
Caterpillar Sales Still Faltering
ThinkstockRetail sales of construction and mining equipment at Caterpillar Inc. (NYSE: CAT) remains below year-ago levels, but the pace of the decline is slowing. Global machine sales are down 7% for the three-month period…
Freddie Mac Report: Mortgage Loan Rates Encouraging
ThinkstockIn its weekly Primary Mortgage Market Survey, home lending giant Freddie Mac reported that mortgage rates for fixed-rate loans have fallen for the first time in seven weeks. The interest rate on a 30-year…
Gains in Leading Indicators and Surge in Philly Fed Fail to Entice Buyers
Frank Golhen, via Wikimedia CommonsThe stock and bond markets remain weak on Thursday. After a weak report on weekly jobless claims, now we have a report on leading economic indicators and data from the…