Courtesy Chrysler Group LLCAutomaker Chrysler Group LLC, which is controlled by Italy’s Fiat SpA, announced this morning that first-quarter 2013 net revenue slipped by $974 million year-over-year, from $16.36 billion in the first quarter…
courtesy of Apple Inc.Fitch Ratings is out with commentary on Apple Inc. (NASDAQ: AAPL) over its corporate credit ratings. The ratings agency said that it has not released a public rating on Apple, but…
Courtesy Herbalife Ltd.Herbalife Ltd. (NYSE: HLF) is a true battleground stock, and the short seller versus activist investor war is about to heat up all over again. This will be a key focus for…
While the current stock market rally has been impressive since the lows last November, many investors, analysts and equity strategists are casting a wary eye at the looming May 1 date. In a new…
ThinkstockPersonal income and consumer spending managed to post very moderate growth in the month of March. The Commerce Department projected that personal income rose by 0.2% and spending also rose by 0.2%. Bloomberg was…
Jon OggInvestors frequently get to see the analyst upgrades and Buy ratings from Wall St. firms. They often do not get to see when analyst downgrade stocks to sell or to avoid. We review…
These are the top analyst upgrades from select Wall Street research calls on April 29, 2013. They include Abercrombie & Fitch, Disney and Petrobras.
thinkstockTelevision broadcasting company Sinclair Broadcast Group Inc. (NASDAQ: SBGI) today commenced an underwritten secondary offering of 14 million shares of class A stock. Joint book-runners for the offering are Wells Fargo Securities and J.P.…
courtesy of General MotorsDespite a first-quarter gross domestic product number that came in below expectations, the consumer is continuing to do his fair share to help drive the economy. One of the big components…
ThinkstockLoews Corp. (NYSE: L) reported first-quarter 2013 results before markets opened this morning. The holding company reported adjusted net income of $334 million, compared with $392 million in the same period a year ago.…
ThinkstockIn another blow to the recovery of the European economy, consumer confidence across the region fell in April. The reading was the lowest since December and is another marker that whatever brief recovery there…
ThinkstockIn another sign that the nonexistent turnaround at Avon Products Inc. (NYSE: AVP) may be in even more trouble, its non-executive chairman, in office for only a few months, is leaving — without explanation.…
ThinkstockEarnings may be up as U.S. public companies report their quarterly results. Revenues, however, are not. This may be a sign of trouble ahead, perhaps driven largely by a slowing in exports to Europe.…
ThinkstockAfter a long and painful downturn in the housing market, home prices are finally beginning to head north. According to Zillow, a real estate listing website, home values rose 5.1% across the United States…
Courtesy Volkswagen AGMost large global car companies still believe that China will not only remain the world’s largest car market, but also will be one of the fastest growing. But growth there has been unimpressive…