Archive

Year: 2013

All Year: 2013 Articles

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Saks Earnings Good Enough to Drive New 52-Week High

ThinkstockSaks Inc. (NYSE: SKS) reported first-quarter fiscal 2013 results before markets opened this morning. The luxury department store chain posted adjusted diluted earnings per share (EPS) of $0.19 and $793.2 million in revenues. In…

Paul Ausick · 13 years ago

Merrill Lynch Lists Specialty Metals and Mining Stocks to Buy

ThinkstockLast week Merrill Lynch hosted its 30th annual Metals and Mining conference in Barcelona Spain. While there was an overall positive tone at the conference, the big miners left investors more concerned with iron…

Jon C. Ogg · 13 years ago

Best Buy Earnings Cannot Hide Weakness

courtesy Best Buy Co. Inc.Best Buy Co. Inc. (NYSE: BBY) reported first-quarter fiscal 2014 results before markets opened this morning. The big-box retailer of electronics gear posted adjusted diluted earnings per share (EPS) of…

Paul Ausick · 13 years ago

Apple Defends Tax Practices, Calls for Corporate Tax Reform

ThinkstockNear the top of the business headlines is the battle that Congress has started to wage with Apple Inc. (NASDAQ: AAPL) over the taxes it pays. By some measures, the company barely pays taxes…

Douglas A. McIntyre · 13 years ago

Goldman Sachs Boosts S&P 500 Target

Wikimedia CommonsThe sentiment about the value of stocks continues to be relentlessly positive. None other than the powerful investment bank Goldman Sachs Group Inc. (NYSE: GS) has increased its target for the S&P 500.…

Douglas A. McIntyre · 13 years ago

New Xbox Launch: The Hype Has Begun

ThinkstockMicrosoft Corp.’s (NASDAQ: MSFT) most important product announcement since Windows 8 will happen today as it releases details about its next generation Xbox. The hype already has begun. NBC News says of the new Xbox…

Douglas A. McIntyre · 13 years ago

Cars with the Most Safety Complaints

Courtesy Chrysler Group LLCIn 2012, drivers filed just under 30,000 complaints about their cars with the National Highway Traffic Safety Administration (NHTSA). The complaints included problems with brakes, powertrains and every other part of…

Mike Sauter · 13 years ago

Fracking Gets Nod from Bureau of Land Management

The Department of the Interior’s Bureau of Land Management (BLM) may have dated regulations for hydraulic fracturing, or fracking, on public and Indian lands. That will, for the time being, keep the relatively new…

Douglas A. McIntyre · 13 years ago