Facebook Stock Chart Finds New Annual Bottom
ThinkstockShares of Facebook Inc. (NASDAQ: FB) have touched a new low for 2013 this morning. Today’s overall weak market has something to do with the sell-off, but there could be a couple of other…
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Year: 2013
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Newest first · Page 251Barrick Gold, Silver Wheaton Shares Halted: Chile Blocks Project, Fines Miner $16 Million
ThinkstockShares of Barrick Gold Corp. (NYSE: ABX) and Silver Wheaton Corp. (NYSE: SLW) were halted shortly after noon today following a Chilean court ruling that blocks further work at Barrick’s Pascua-Lima mine. The project…
Bullish Borrowing Excess: NYSE Margin Hits Record High
Frank Golhen, via Wikimedia CommonsThe New York Stock Exchange is showing something that we would be more concerned about than optimistic. Margin debt at the NYSE grew for the ninth consecutive month and hit…
Sears Poor Company Earnings Report Might Speed Up Conversion to a REIT
Jim Henderson, via Wikimedia CommonsAfter last night’s dismal company earnings report, Sears Holdings Corp. (NASDAQ: SHLD) does not appear to have many options left in its efforts to turn around the sinking ship. The…
InterOil Stock Gets Boost from Talks with Exxon
ThinkstockHigh-flying energy company InterOil Corp. (NYSE: IOC) is getting another stock price boost this morning after revealing that the company is in “exclusive” negotiations with Exxon Mobil Corp. (NYSE: XOM) on development of licenses…
The Most Popular Towns to Buy a Vacation Home
The economy is improving, banks are beginning to ease standards for lending, and mortgage rates are near their record lows. These factors are making it easier for Americans to wade into the real estate…
Dividends and Buybacks May Rekindle Buying Chip Stocks for Value Investors
ThinkstockSterne Agee analyst Vijay Rakesh has given a snapshot on various semiconductor sector plays ahead. While many fundamental analysts have keyed in on fundamentals, one of Rakesh’s angles is covering higher dividends, stock buybacks…
More Chinese Capital Controls to Weigh on Copper Prices
ThinkstockEver since the Chinese government began — or at least threatened to begin — imposing restrictions on new bank lending, the country’s businesses have had to get creative in order to get access to…
April Durable Goods Very Healthy on All Fronts: No Recession Here
ThinkstockThe durable goods report for April is turning out to look incredibly durable at 3.3% for the month. Bloomberg had the consensus estimate of 1.1% and Dow Jones had the consensus at 1.3%. Even…
Top 10 Analyst Upgrades and Downgrades: Cubist, Marvell, PG and More
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Friday, May 24, 2013. They include Cubist Pharmaceuticals, Marvell Technology and Procter & Gamble.
Abercrombie & Fitch Stock Sinks on Company Earnings, Outlook
thinkstockAbercrombie & Fitch Co. (NYSE: ANF) reported first-quarter fiscal 2013 results before markets opened this morning. The specialty retailer posted a diluted earnings per share (EPS) loss of $0.09 on revenues of $838.8 million.…
Softbank to Offer Federal Government a Seat on Sprint’s Board of Directors
ThinkstockRather than put up more money in its bid to acquire control of Sprint Nextel Corp. (NYSE: S), Japan’s Softbank Corp. plans to offer the U.S. government the ability to approve one of the…
Germany Dodges Recession, Sentiment Rises
ThinkstockToday, Germany confirmed that its first-quarter gross domestic product (GDP) rose by a mere 0.1%. There was some excitement that the largest economy in Europe had dodged a recession, which is something its neighbors…
Retailers Sue Visa, MasterCard over Fees
ThinkstockSeveral large retailers accuse MasterCard Inc. (NYSE: MA) and Visa Inc. (NYSE: V) of setting unfair fees that damage the retailers’ sales prospects and margins while enriching the credit card companies. Bloomberg reports on…
Google Faces FTC Antitrust Probe
courtesy of Google Inc.Just as Google Inc.’s (NASDAQ: GOOG) battle with European Union regulators has died down, the United States may bring antitrust charges against the company. According to Reuters: U.S. regulators are in…