Leading Economic Index Leads Economy Lower
ThinkstockThe Conference Board is out with its Leading Economic Index for the month of March. So far this morning we already have seen a weak report on weekly jobless claims from the Labor Department…
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Year: 2013
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Newest first · Page 305Philadelphia Federal Reserve: Very Slow Growth, Poor Employment
ThinkstockThe Philadelphia Federal Reserve, or the Philly Fed, is out with its monthly report on business for the month of April. As the Business Outlook Survey is a somewhat live reading, we pay attention…
After Price of Gold Tanks, Bank of America Slashes Gold Target
ThinkstockThe gold bugs are getting crushed ever harder as the price of gold is now well into a bear market. Gold is losing its biggest bulls on top of the constant negative reports that…
Demand for New Cars Fuels AutoNation Results
ThinkstockAuto retailer AutoNation Inc. (NYSE: AN) reported first-quarter earnings before markets opened this morning. The company posted adjusted earnings per share (EPS) of $0.68 on revenues of $4.1 billion. In the same period a…
Weekly Jobless Claims Heat Back Up, Unemployment Next?
Ed Brown, via Wikimedia CommonsThe U.S. Labor Department has released its weekly jobless claims report. After last week’s surprise drop of a whopping 42,000 before revisions, the jobless claims came in at 352,000 for…
Top Analyst Downgrades and Cautious Views from Wall Street
Jon OggWhile investors generally see analysts issuing Buy ratings, it is always interesting to see what happens when Wall St. analysts give stocks to sell or when they have very cautious comments about companies.…
Top Analyst Upgrades and Positive Views from Wall Street
Investors are on the hunt for fresh research ideas that will lead to higher income or more profits. Each and every morning we review many fresh research calls from Wall St. and from independent…
Pepsi Earnings Hit by Venezuela, China Costs
Wikimedia Commons, Public DomainPepsiCo Inc. (NYSE: PEP) reported first-quarter 2013 results before markets opened this morning. For the quarter, the food and beverage company posted adjusted diluted earnings per share (EPS) of $0.77 on…
Morgan Stanley Results Not So Hot, but Better Than Last Year
courtesy of Morgan StanleyMorgan Stanley (NYSE: MS) reported first-quarter 2013 results before markets opened this morning. The bank reported adjusted diluted quarterly earnings per share (EPS) of $0.50 on revenues of $8.2 billion. In…
Verizon Dividend and Wireless Under Microscope After Earnings Report
courtesy of Verizon WirelessVerizon Communications Inc. (NYSE: VZ) is out with its first-quarter earnings, and the company says that the wireless segment has seen expanded margin as its customer base grew. The telecom giant…
Lower Volume Hurts Philip Morris Results
courtesy of philip morris internationalPhilip Morris International Inc. (NYSE: PM) reported first-quarter results before markets opened this morning. The tobacco products firm posted adjusted diluted earnings per share (EPS) of $1.29 on revenue of…
German Economic Recovery Expected to Be Modest
ThinkstockOne German research firm expects the nation’s economy to rebound this year and next. However, the rebound will be very modest. It will not be anywhere near those expected in the United States or…
Student Loan Burden Could Be a Blow to Economic Recovery
ThinkstockStudents with large loan burdens, because of the debt taken on for their educations, likely are not buyers of expensive items such as homes and cars. Perhaps all of their debt makes them less…
Nokia Earnings Disappoint, Windows Phones Fall Short
courtesy of Nokia Corp.Nokia Corp. (NYSE: NOK) had another rough quarter. The numbers show the company still cannot make progress against powerful competition from Apple Inc. (NASDAQ: AAPL) and Samsung. The new Windows phones…
What Is Important in the Financial World (4/18/2013)
ThinkstockGerman Economic Recovery One German research firm expects the nation’s economy to rebound this year and next. However, the rebound will be very modest. It will not be anywhere near those expected in the…