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Year: 2013

All Year: 2013 Articles

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Three Analysts Say Buy Apple Ahead of Earnings

courtesy of Apple Inc.Apple Inc. (NASDAQ: AAPL) keeps getting weaker and weaker ahead of earnings. Maybe this week is finally the charm. On Monday morning we have seen two analyst upgrades from boutique firms,…

Jon C. Ogg · 13 years ago

Mexican Bribery Scandal at Walmart Gets Little Attention

courtesy Wal-Mart Stores Inc.One year ago today, The New York Times published its story on the payment of millions of dollars in bribes paid by Wal-Mart Stores Inc. (NYSE: WMT) to aid the company’s…

Paul Ausick · 13 years ago

Chicago Fed National Activity Index Goes Negative for March

ThinkstockThe Federal Reserve Bank of Chicago is out with its National Activity Index for the month of March. Unfortunately, this is yet one more reading in negative territory. The index fell to -0.23, versus…

Jon C. Ogg · 13 years ago

Top Analyst Upgrades and Positive Views from Wall Street

Investors and traders are on the lookout for fresh research ideas from Wall St. that will lead to higher income or more profits. 24/7 Wall St. reviews many fresh research calls each and every…

Jon C. Ogg · 13 years ago

Caterpillar Cuts Estimates Again

ThinkstockCaterpillar Inc. (NYSE: CAT) reported first-quarter 2013 results before markets opened this morning. The heavy equipment maker posted diluted earnings per share (EPS) of $1.31 on revenues of $13.21 billion. In the same period…

Paul Ausick · 13 years ago

Low Expectations Make Halliburton Results Look Good

ThinkstockHalliburton Co. (NYSE: HAL) reported first-quarter 2013 results before markets opened this morning. The oil & gas services company posted adjusted diluted earnings per share (EPS) of $0.67 on revenues of $6.97 billion. In…

Paul Ausick · 13 years ago

Boeing 787 Dreamliner Batteries: No Easy Fix

courtesy Boeing Co.Boeing Co. (NYSE: BA) may have received approval from the FAA for a fix to its 787 Dreamliner battery problem, but now the company has to figure how making the changes can…

Douglas A. McIntyre · 13 years ago

Shrinking Apple Profits

ThinkstockBloomberg added to the flow of negative press about Apple (NASDAQ: AAPL) with a forecast for the results of Apple’s current quarter: Apple Inc.’s quarterly profit is projected to shrink for the first time…

Douglas A. McIntyre · 13 years ago

A U.K. Triple-Dip Recession

ThinkstockThe United Kingdom has hit a tripled-dip recession, as its gross domestic product fell by 0.3% in the March quarter. The Telegraph reports on the U.K. GDP contraction: The Office for National Statistics said…

Douglas A. McIntyre · 13 years ago

March State Unemployment Shows Some Weak Regions

ThinkstockThe recession is not over in several states where unemployment remained well above 9% in March. Against a national rate of 7.6%, these states are locked at levels that still erode state tax income,…

Douglas A. McIntyre · 13 years ago

Spain and Greece: Deficits Top 10%

ThinkstockSpain’s deficit-to-GDP ratio was 10.6% in 2012 and Greece’s 10.0%. These figures are so large that no other nation in the euro area approaches them. With unemployment at levels above 25% in Greece and…

Douglas A. McIntyre · 13 years ago

Americans Oppose Gas Tax to Repair Roads

ThinkstockAmericans do not want to pay state taxes on driving so that they can have better roads, or bridges for that matter. That means the single most logical source of funds to improve America’s…

Douglas A. McIntyre · 13 years ago

What Is Important in the Financial World (4/22/1013)

Thinkstock The Boeing Battery Fix Boeing Co. (NYSE: BA) may have received approval from the FAA for a fix to its 787 Dreamliner battery problem, but now the company has to figure how making…

Douglas A. McIntyre · 13 years ago

Media Digest (4/22/2013) Reuters, WSJ, NYT, FT, Bloomberg

courtesy of Facebook Inc.The Nikkei is close to a five-year high. (Reuters) Boeing Co. (NYSE: BA) begins to fix Dreamliners, now that the FAA has approved its battery repair. (Reuters) LG Display Co. Ltd.’s…

Douglas A. McIntyre · 13 years ago