ThinkstockThe economic readings have come in weaker than expected, and that was leading up to a weaker-than-expected report on gross domestic product (GDP) for the first quarter. The Commerce Department showed that first-quarter GDP…
courtesy J.C. Penney Co. Inc.Investor George Soros reported last night that he had taken a 7.9% stake in J.C. Penney Co. Inc. (NYSE: JCP), and the news has lighted a small fire under the…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Friday, April 26, 2013. They include Amazon, Boeing, eBay, SunPower and Anheuser-Busch InBev.
ThinkstockAbbVie Inc. (NYSE: ABBV) reported first-quarter 2013 results before markets opened this morning. The pharmaceutical research firm posted adjusted diluted earnings per share (EPS) of $0.68 on revenues of $4.33 billion. Total sales were…
ThinkstockNational Oilwell Varco Inc. (NYSE: NOV) reported first-quarter 2013 results before markets opened this morning. The oil field services and drill rig technology firm posted adjusted diluted earnings per share (EPS) of $1.29 on…
ThinkstockElectronic Arts Inc. (NASDAQ: EA), which recently dumped its chief executive officer, has decided to cut a large number of workers as well. EA has been unable to make the transition from a company…
ThinkstockGasoline prices continue to tick down, and more experts have commented that this should help improve mediocre gross domestic product (GDP) growth in the United States. CNN Money offered a story that said this…
Courtesy of Boeing Co.The U.S. Senate has passed a bill to end the furloughs of air traffic controllers. This should halt a long series of flight delays that have threatened to gridlock the ability…
Investors love dividends. This one investing component has comprised a major portion of total returns through time. The trend in recent years has been for companies to pay dividends and keep raising it. At the…
Wikimedia CommonsWall St. was mildly upset that Amazon.com Inc. (NASDAQ: AMZN) did not make more money than hoped for in the first quarter of the year. Add that to slowing sales, and the worry…
ThinkstockElectronic Arts Layoffs Electronic Arts Inc. (NASDAQ: EA), which recently dumped its chief executive officer, has decided to cut a large number of workers as well. EA has been unable to make the transition…
courtesy J.C. Penney Co. Inc.Billionaire investment god George Soros has bought 7.9% of J.C. Penney Co. Inc. (NYSE: JCP). His filing with the Securities and Exchange Commission said the investment is passive, but Soros…
courtesy of AOL, IncFirst-quarter gross domestic product probably will run about 3%, but the momentum likely has fallen off since. (Reuters) The Bank of Japan believes it can reach its inflation targets by 2015. (Reuters)…
courtesy of Apple Inc.Just two days after Apple Inc. (NASDAQ: AAPL) announced disappointing earnings and forecasts for future quarters, research firm Strategic Analytics reports that the electronics company’s smartphone market share is rapidly eroding.…
thinkstockHere are today’s five biggest gaining stocks at closing: Global Geophysical Services Inc. (NYSE: GGS) is up 74.8% at $3.74. ITT Educational Services Inc. (NYSE: ESI) is up 30.5% at $20.00. Old Second Bancorp…