ThinkstockOil refiners Marathon Petroleum Corp. (NYSE: MPC) and Valero Energy Corp. (NYSE: VLO) reported first-quarter 2013 results before markets opened this morning. Marathon posted diluted earnings per share (EPS) of $2.17 on revenues of…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Tuesday, April 30, 2013. They include Best Buy, Buffalo Wild Wings and PulteGroup.
courtesy Best Buy Co. Inc.Consumer electronics retailer Best Buy Co. Inc. (NYSE: BBY) announced this morning that it has agreed to sell its 50% stake in European joint venture Carphone Warehouse Europe for about…
ThinkstockDespite a market that has become negative on many commodity subsectors and a U.S. dollar that has appreciated and stunted energy pricing temporarily, some energy stocks are looking extremely attractive. Investors looking to add energy…
courtesy of BP plcBP PLC (NYSE: BP) reported first-quarter 2013 results before markets opened this morning. The oil and gas supermajor posted diluted earnings per American Depositary Share (ADS) of $5.20 on revenues of…
ThinkstockUnemployment in the euro area grew again in March, supporting the obvious conclusion that a lack of stimulus, terribly high unemployment and the crippling of the financial and industrial sectors will keep pulling most…
ThinkstockAlthough it is the frontrunner to buy out of Sprint Nextel Corp. (NYSE: S), Softbank could lose out. Its chief executive officer, Masayoshi Son, claims his offer is superior to one made by Dish…
courtesy Boeing Co.CEO Jim McNerney said to attendees at Boeing’s (NYSE: BA) annual meeting that “The original promise of the 787 is fully intact.” His comments were premature. Japan’s two largest carriers said that…
ThinkstockEuropean Unemployment Unemployment in the euro area grew again in March, supporting the obvious conclusion that a lack of stimulus, terribly high unemployment and the crippling of the financial and industrial sectors will keep…
Wikimedia CommonsThe new U.S. $100 bill is set to debut in October. Along with a sleeker, more high-tech look, the new bill has new security features designed to thwart counterfeiters. For instance, the new…
courtesy of SamsungThe Apple Inc. (NASDAQ: AAPL) iPhone may have had problems with its antenna and its map software, but it is rare that anyone claims it is not a sturdy piece of hardware.…
ThinkstockNow that shale has become a major source of energy, economists have started to argue the extent to which it can boost the U.S. economy. If North Dakota, one of the world’s centers for…
ThinkstockGermany’s jobless rate rose by a very modest amount in April, but the story is that it rose at all. Germany has started to teeter close to recession, as its regional neighbors have fallen…
courtesy of AOL, IncSoftbank signals it will not increase its bid for Sprint Nextel Corp. (NYSE: S). (Reuters) Best Buy Co. Inc. (NYSE: BBY) will dump its Europe presence via selling its stake in…
ThinkstockHerbalife Ltd. (NYSE: HLF) reported first quarter 2013 results after the markets closed today. The nutrition and weight loss company posted adjusted diluted earnings per share (EPS) of $1.27 on revenues of $1.12 billion.…