ThinkstockThe U.S. unemployment rate continues to tick down, hitting a more than four-year low of just 7.6% in March. In much of Europe, however, the situation is very different. If the latest developments in…
ThinkstockGasoline prices continue to decline very sharply. Over the past month, they are down another 5%, and soon will fall below $3.50. If low gas prices tend to help the economy, gross domestic product…
Wikimedia CommonsAmazon.com Inc. (NASDAQ: AMZN), often seen as the most progressive tech company in America, will expand its Appstore so “that developers can now submit their apps for distribution in nearly 200 countries.” Amazon may…
White House Photo by Pete SouzaAmerica’s richest citizens want to keep their money, and not have it siphoned off by higher taxes. The sentiment is logical enough. Most people, rich or poor, want to…
courtesy of Facebook Inc.The FAA moves closer to a decision to clear the Boeing Co. (NYSE: BA) 787 Dreamliner for commercial service. (Reuters) Worries about Apple Inc.’s (NASDAQ: AAPL) profits press its stock value…
thinkstockHere are today’s five biggest gaining stocks at closing: Acura Pharmaceuticals Inc. (NASDAQ: ACUR) is up 34% at $2.88. Fairway Group Holdings Corp. (NASDAQ: FWM) is up 33.5% at $17.35. Today was the stock’s…
courtesy of ebayeBay Inc. (NASDAQ: EBAY) reported first quarter results after markets closed today. The online auction company reported adjusted diluted earnings per share (EPS) of $0.63 on revenues of $3.75 billion. In the…
ThinkstockBoth Kinder Morgan Energy Partners L.P. (NYSE: KMP) and Kinder Morgan Inc. (NYSE: KMI) reported first quarter results after markets closed today. KMP will pay a distribution of $1.30 per common unit, nearly double…
SanDisk Corp. (NASDAQ: SNDK) has reported earnings for its first quarter. The corporate earnings showed that net income was $207 million, or $0.84 per share. That compares to net income of $156 million or…
Courtesy of American ExpressAmerican Express Co. (NYSE: AXP) today reported first quarter results after markets closed today. The financial services company reported diluted earnings per share (EPS) of $1.15 on revenues of $7.88 billion.…
U.S. equity markets opened lower this morning following a downturn in Europe and mixed markets in Asia. Data releases were limited everywhere today as well. In Asia, a weaker yen boosted the Nikkei, but…
ThinkstockThe turnaround stock story of Rite Aid Corporation (NYSE: RAD) seems to have come under question after a large stock sale from Canadian pharmacy backer Jean Coutu substantially lowered the stake in the company. After…
The Federal Reserve release its Beige Book on Wednesday, and it seems as though Ben Bernanke and Fed presidents are trying to hint more and more that the end of the Fed’s bond buying…
courtesy of AppleApple Inc. (NASDAQ: AAPL) was supposed to be the best stock in the world. It was always at the top of the list for stocks to buy and almost nobody would say…
ThinkstockSanDisk Corporation (NASDAQ: SNDK) is set to report earnings Wednesday after the close of trading. Bank of America Merrill Lynch has issued an odd report right before the earnings. The analyst team led by…