thinkstockSunPower Corp. (NASDAQ: SPWR) released its corporate earnings shortly before the close rather than after the close, and the result is that another big solar move higher may be underway. The company beat on…
U.S. equity markets opened higher this morning, buoyed by a smaller-than-expected total of new claims for unemployment benefits in the U.S. (more coverage here). The U.S. trade deficit also fell while unit labor costs…
ThinkstockThe housing market numbers may have recently softened up a tad, but things in the housing market are still much better for those wanting buy and own a home compared the last five years. Many…
ThinkstockWhat happens when the last person joins a long-lasting trend? Chances are high that the trend is ending. We are not going to dare call a peak in Twitter here, but the notion that…
Frank Golhen, via Wikimedia CommonsTrading at the NYSE Euronext’s NYSE MKT exchange was halted briefly today. What is important here is not that the trading halt barely last two minutes, but that more than 400 symbols…
courtesy of IBMInternational Business Machines Corp. (NYSE: IBM) has ordered staffing contractor CDI Corp. (NYSE: CDI) to reduce the number of hours CDI’s employees bill Big Blue to no more than 36 a week.…
ThinkstockIn its weekly Primary Mortgage Market Survey, home lending giant Freddie Mac reported a record-low lending rate for a 15-year fixed-rate mortgage of 2.56%. The firm also noted drops in three other mortgage lending…
Brian Solis, via Wikimedia CommonsThe corporate earnings report from Facebook Inc. (NASDAQ: FB) has shares trading higher the day after the report. Many analysts have keyed in discussing many metrics, but the reality is…
ThinkstockThis morning, Royal Gold Inc. (NASDAQ: RGLD) was the latest gold player to report its corporate earnings. The good news is that the gold company revenues and earnings were up. The bad news is that it…
thinkstockThe U.S. Energy Information Administration (EIA) today reported that the U.S. natural gas stocks increased by 43 billion cubic feet last week, substantially above the expected range for a build of about 28 billion…
ThinkstockING U.S. Inc. (NYSE: VOYA) held its initial public offering (IPO) today and the U.S. insurance arm of Dutch-based ING Groep N.V. (NYSE: ING) raised $1.27 billion at an IPO price of $19.50 a…
ThinkstockThe Institute for Supply Management has reported the regional New York ISM data for April, saying that the hiccups have faded. April’s regional data for New York rose to 58.3 in what nearly reversed…
ThinkstockAfter more than a year of twists and turns and negotiations, the $75 billion merger between Glencore International and Xstrata became official today. The new company will also get a new name later today,…
Wikimedia CommonsIntel Corp. (NASDAQ: INTC) has been without a formal CEO replacement for some time now. The good news is that the wait is over and the company will have proper corporate governance again.…
ThinkstockIf there is one sector on Wall Street that seems to never go out of favor, its companies that make, sell and distribute liquor, beer and wine. For global companies involved in this industry,…