CIA World FactbookSocial unrest has been growing in Turkey, and with it about 10% of the value of the local markets has disappeared. News feeds from Turkey’s Hurriyet Daily News have much coverage of…
The buyout of BMC Software Inc. (NASDAQ: BMC) sounds like a decent deal for shareholders on the surface. The problem is that the price peaks in the past have been higher, and what is…
ThinkstockAs the world’s largest mining companies look to shed assets as they seek to boost investor returns, the mining sector is drawing interest from private equity firms. Blackstone Group LP (NYSE: BX), The Carlyle…
ThinkstockWorrying about the creditworthiness of a small nation like Cyprus just feels so February and March now. Don’t tell that to Fitch Ratings today. The credit ratings agency has now downgraded Cyprus’s Long-term foreign…
ThinkstockGold is turning out to be one of the worst investments of modern day portfolios. But what if the rapid drop in prices is not really warranted from the market fundamentals nor from the…
courtesy of General MotorsAutomaker General Motors Co. (NYSE: GM) said today that May automobile sales rose 3% this year, compared with May of 2012. The company sold a total of 252,894 vehicles in May,…
Wikimedia CommonsIntel Corp. (NASDAQ: INTC) suddenly is finding itself back in favor at a time when it seems like all of the forces in technology are aligned against it. After losing out to the…
ThinkstockThis was never going to be a boom year for the airlines. The world’s air carriers managed a profit of $7.6 billion in 2012, about 1.2% of industry revenues. The International Air Transport Association…
ThinkstockMost people know that a mansion costs much more than a farmhouse. What many might not be aware of is that the style of a home can also have a major impact on its…
ThinkstockThe U.S. Census Bureau reported this morning that construction spending in April rose by 0.4% to an estimated seasonally adjusted annual rate of $860.8 billion, from an upwardly revised estimate of $857.7 billion in…
ThinkstockThe Institute for Supply Management has released its national manufacturing data for the month of May. Monday’s report is very soft at only 49.0% and is a disappointment, considering that last week’s data was stronger than…
courtesy Ford Motor Co.Auto sales numbers for May are due out from most U.S. and foreign automakers today, and last month’s unexpected drop at Chrysler Group is in the rear-view mirror. Chrysler, which is…
ThinkstockThe U.S. Securities and Exchange Commission (SEC) is continuing a step toward booting microcap OTC shell companies from trading as a part of its “Operation Shell Expel” effort. Today’s round of stock trading suspensions targets…
Jon OggCredit Suisse is making some key changes to its U.S. Focus List on Monday. These are the firm’s top stocks to buy, followed by some names that are now considered as stocks to…
courtesy of AppleThe Android mobile device operating system (OS) from Google Inc. (NASDAQ: GOOG) continues to hold more than half the smartphone OS market, with a 51.7% share for the three-month period ending in…