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Year: 2013

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Market Close: Big Winners & Losers for April 23, 2013

thinkstockHere are today’s five biggest gaining stocks at closing: Superconductor Technologies Inc. (NASDAQ: SCON) is up 134.9% at $5.45. MEMSIC Inc. (NASDAQ: MEMS) is up 50.8% at $4.07. Ceasars Entertainment Corp. (NASDAQ: CZR) is…

Paul Ausick · 13 years ago

Fitch Warns About Bank Earnings for the Rest of 2013

ThinkstockIs it possible that the great big bank stock rally is already done? Shortly before the closing bell on Tuesday came words of warning from Fitch Ratings that the U.S. banking sector’s improved results…

Jon C. Ogg · 13 years ago

First Solar Sells Another Solar Energy Project

ThinkstockFirst Solar Inc. (NASDAQ: FSLR) said today that it has sold its Campo Verde solar energy project to a subsidiary of Southern Company (NYSE: SO) and Turner Renewable Energy. The sale price was not…

Paul Ausick · 13 years ago

The Brightest Lights So Far This Earnings Season

thinkstockAs with any earnings season, the results that have come in so far for the first quarter of this year have been mixed. There have been some winners and some losers, and with one…

Paul Ausick · 13 years ago

Democrat Senator Max Baucus of Montana Set to Retire

ThinkstockSenator Max Baucus from Montana has chosen to retire from the U.S. Senate and will not run for election again in 2014. This matters as Baucus is one of the top Democratic senators who…

Jon C. Ogg · 13 years ago

Richmond Federal Reserve Shows Real Contraction in April

Another weak reading was issued from yet another regional Federal Reserve Bank. The Richmond Fed reading fell sharply to -6 in April, versus a reading of 3 in March. Bloomberg had a consensus reading set…

Jon C. Ogg · 13 years ago

March New Home Sales on the Rise

ThinkstockThe U.S. Census Bureau this morning released data on new single-family home sales for March. Sales rose 1.5% month-over-month, to a seasonally adjusted annual rate of 417,000, from an upwardly revised February sales figure…

Paul Ausick · 13 years ago

U.S. Flash PMI Signals Serious Growth Contraction

ThinkstockThe U.S. flash manufacturing Purchasing Managers’ Index (PMI) was released for April by the group Markit on Tuesday morning. The bad news is that the numbers were lower, but the good news is that growth,…

Jon C. Ogg · 13 years ago

FHFA Reports Higher Home Prices in February

ThinkstockThe Federal Housing Finance Agency (FHFA) reported this morning that U.S. home prices rose 0.7% month-over-month in February, following the January housing price index gain of 0.6%. For the 12-month period ending in February…

Paul Ausick · 13 years ago