We have tracked the key short interest changes as of April 30 in these large cap stocks: General Electric Co. (NYSE: GE), Nokia Corp. (NYSE: NOK), Bank of America Corp. (NYSE: BAC), Verizon Communications…
ThinkstockNew Treasury Secretary Jack Lew told CNBC that the United States may not reach its debt ceiling until Labor Day. Just a few months ago, many experts believed that the president and Congress would…
PIMCO investment chief Bill Gross continues to flog the absence of good investments. In his monthly letter for May, he made this point: The easiest answer to the question of what to buy is…
ThinkstockAmericans who fly regularly will be able to get better broadband speeds at 30,000 feet than in their homes. Today, the Federal Communications Commission (FCC) proposed an expansion of the availability of in-flight broadband…
ThinkstockFederal Debt Ceiling New Treasury Secretary Jack Lew told CNBC that the U.S. may not reach its debt ceiling until Labor Day. Just a few months ago, experts believed that the president and Congress…
ThinkstockMost people know that a mansion will cost 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…
courtesy Dell Inc.Carl Icahn and partner Southeastern Capital Management will offer Dell Inc. (NASDAQ: DELL) stockholders two alternatives, if their deal to takeover the company is chosen by its board. Investors can take cash…
courtesy of YouTubeYouTube, the video operation of Google Inc. (NASDAQ: GOOG), will enter a field in which it has no business being. It will offer consumers paid channels of premium video content. YouTube’s problem…
One of the effects of the current record stock market levels is that companies that are poorly run and post poor results have done as well, if not better, than shares in well-run companies…
courtesy of AOL, IncNissan’s fiscal fourth-quarter profit rises 46%. (Reuters) Carl Icahn and Southeastern will offer an alternative to the Dell Inc. (NASDAQ: DELL) buyout. (WSJ) ArcelorMittal (NYSE: MT) earnings are hit by lower…
Thinkstockpriceline.com Inc. (NASDAQ: PCLN) reported first quarter 2013 results after markets closed today. The online travel and hotel reservation company posted adjusted diluted earnings per share (EPS) of $5.76 per share on revenues of…
ThinkstockMolycorp Inc. (NYSE: MCP) reported first quarter 2013 results after markets closed today. The rare earths miner posted an adjusted diluted loss of $0.15 per share on revenues of $146.4 million. For the first…
U.S. equity markets opened slightly lower this morning after the Bank of England left its key interest rate and asset purchase program unchanged (more coverage here). In Asia, China’s consumer price index rose 2.4%…
ThinkstockCharles Plosser, President and Chief Executive Officer of Federal Reserve Bank of Philadelphia, gave a speech on Thursday afternoon discussing how to end the “Too Big To Fail” conundrum of the big banks at…
ThinkstockThe National Association of Home Builders (NAHB) reported today that its housing market index for 55+ single-family housing rose to 46 in the first quarter of 2013, up 19 points year-over-year and the highest…