ThinkstockBarrick Gold Corp. (NYSE: ABX) reported first-quarter 2013 earnings before markets opened this morning. The gold miner posted adjusted earnings per share (EPS) of $0.92 on revenues of $3.44 billion. In the same period…
Jon OggInvestors frequently get to see the analyst upgrades and Buy ratings from Wall St. firms. They often do not get to see or they overlook the analyst downgrades and lists of stocks to…
Earnings season is still in overdrive. Many companies are meeting or just beating earnings expectations, but the bias has been toward coming in light on revenues. We have seen many corporate earnings crush stocks…
courtesy Ford Motor Co.Ford Motor Co. (NYSE: F) reported first-quarter 2013 results before markets opened this morning. For the quarter, the automaker posted adjusted diluted earnings per share (EPS) of $0.40 on revenues of…
The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting an increase of 0.2% in the group’s seasonally adjusted composite index, following a rise of 4.8% for the previous…
courtesy SAP AGJust one day after Markit purchasing managers’ index (PMI) data about Germany showed that its economy is in trouble, Ifo reports that the problem has spread, and spread widely. According to its…
courtesy of Apple Inc.Apple Inc.’s (NASDAQ: AAPL) problems have rippled to its Asia components suppliers. Shares in many of these fell in anticipation of weak earnings from the American consumer electronics giant. Apple’s forecast…
ThinkstockThe rich have become get richer, and the middle class has become poorer. The trend continued throughout the end of the recession and into the tepid recovery. Many people expected that trend, which increases the belief…
ThinkstockFalling German Business Sentiment Just one day after Markit purchasing managers’ index (PMI) data about Germany showed that its economy is in trouble, Ifo reports that the problem has spread, and spread widely. According…
IslandAirThe Federal Aviation Administration (FAA) announced last week it would be closing nearly 150 air traffic control towers around the country due to budget cuts required by the sequester. While the cuts already have…
courtesy J.C. Penney Co. Inc.If The Wall Street Journal is accurate, J.C. Penney (NYSE: JPC) has hired turnaround firm AlixPartners to help it “identify cost savings and manage cash flow.” In other words, the battered…
ThinkstockWhat has been a worry about AT&T Inc. (NYSE: T) for some time has become a reality. The big telecom firm can no longer grow. The years in which its revenue expanded are behind…
courtesy of AOL, IncApple Inc.’s (NASDAQ: AAPL) new dividend will allow management a period to recover earnings growth while offering investors a return. (Reuters) Amazon.com Inc. (NASDAQ: AMZN) may use its consumer database to…
ThinkstockThe American Lung Association is out with its 2013 “State of the Air” report. It has issued the document for 14 years. In general, the news from the report is good, but for some…
courtesy of AppleApple Inc. (NASDAQ: AAPL) is out with its second quarter corporate earnings report for fiscal 2013. The consumer electronics giant has been under more than just a bit of pressure due to…