Archive

Year: 2013

All Year: 2013 Articles

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First Solar Secondary Stock Sale Holds Steady

ThinkstockSince announcing Monday that it would offer an additional 8.5 million shares in a secondary stock sale, shares of First Solar Inc. (NASDAQ: FSLR) have dropped from about $56 to around $46, the price…

Paul Ausick · 13 years ago

Consumer Sentiment Turns Very Much the Wrong Way

ThinkstockThe U.S. recovery may have tame inflation and weak capacity and production, but now have the most highly watched report of the day, which is actually not even a government economic report. The Reuters/University…

Jon C. Ogg · 13 years ago

Generac Prices Secondary Stock Sale

thinkstockPower equipment product maker Generac Holdings Inc. (NYSE: GNRC) has priced a secondary stock sale of 6.5 million shares at $34.95 per share. The sale includes only shares held by CCMP Capital, and none…

Paul Ausick · 13 years ago

Smithfield Foods Company Earnings Weak, but Who Cares?

ThinkstockSmithfield Foods Inc. (NYSE: SFD) reported fourth quarter and fiscal year 2013 results before markets opened this morning. The food processing firm reported diluted earnings per share (EPS) of $0.21 on revenues of $3.3…

Paul Ausick · 13 years ago

U.S. Current Account Keeps Showing Smaller Deficits

ThinkstockThe U.S. current account aims to measure the nation’s international trade balance, and it considers all goods, services and unilateral transfers each quarter. Today’s report was a first-quarter measurement, so it should have little…

Jon C. Ogg · 13 years ago

Failed Chinese Bond Auction First in Nearly Two Years

ThinkstockThe government of China failed to sell more than a third of new debt it had on the auction block this morning, the first such failure to reach its target in nearly two years.…

Paul Ausick · 13 years ago

Headline PPI Skews Wholesale Inflation Reading

ThinkstockFriday’s big government release for economic data was the Producer Price Index (PPI). The aim is to measure wholesale inflation to determine what will happen to consumer prices and consumer inflation in the months…

Jon C. Ogg · 13 years ago

Deutsche Bank Top Medical Device Stock Picks

ThinkstockIn 2012, the S&P 500 Healthcare Equipment & Supply index was up 15.1%, while the S&P 500 was up 13.4%. However, it was in-line with the broader S&P 500 Healthcare index, which was up…

Jon C. Ogg · 13 years ago

Platinum Price Forecast Lowered

ThinkstockAnalysts at HSBC have lowered their 2013 average platinum price forecast to $1,710 an ounce, a drop of 7.6% from a previous estimate of around $1,840. Earlier this year, demand for platinum from automakers…

Paul Ausick · 13 years ago

UBS Alpha Preferences List of the Best Stocks to Buy

ThinkstockAlpha is one of those confusing terms used in the financial industry, but rarely defined. It is basically a performance measurement on a risk-adjusted basis. Alpha takes the volatility or price risk of an…

Jon C. Ogg · 13 years ago

Exxon Mobil Sued for Arkansas Pipeline Break

ThinkstockA crude oil pipeline owned by Exxon Mobil Corp. (NYSE: XOM) ruptured on March 29 in Mayflower, Ark., just outside Little Rock, as much as 19,000 barrels of heavy crude spilled into the streets…

Paul Ausick · 13 years ago

Siemens Seeks Buyer for Nokia Joint Venture Network Company

ThinkstockGermany’s Siemens A.G. (NYSE: SI) and Finland’s Nokia Corp. (NYSE: NOK) formed a 50-50 network equipment company with the catchy name of Nokia Siemens Networks (NSN) in 2007. Siemens is now looking for a…

Paul Ausick · 13 years ago

Microsoft Mini-Stores in Best Buy to Push Windows 8

courtesy of MicrosoftBest Buy Co. Inc. (NYSE: BBY) and Microsoft Corp. (NASDAQ: MSFT) have decided to set a deal for the world’s largest software company to have a store within a store, where Microsoft…

Douglas A. McIntyre · 13 years ago