ThinkstockVIVUS, Inc. (NASDAQ: VVUS) has just secured Food and Drug Administration approval of an amendment and modification to the Risk Evaluation and Mitigation Strategy for its weight-loss drug Qsymia. With a recent study published…
The U.S. unemployment rate fell 0.6 percentage points between February 2012 and February 2013, from 8.3% to 7.7% — the lowest it had been since 2008 based on seasonally adjusted figures. Meanwhile, in some…
America lost its ability to ease into the thought that it was safe again on Monday after the Boston Marathon bombs killed three people and injured more than 100. This is very unfortunate, and for…
ThinkstockAfter an upturn in mid-March, Americans’ confidence in the U.S. economy fell back slightly last week, posting a reading of -17 compared with prior week reading of -13, according to the latest data from…
ThinkstockIn the latest version of its World Economic Outlook, the International Monetary Fund (IMF) forecasts global economic growth of 3.3% in 2013, rising to 4% in 2014. Economic growth in 2012 came in at…
ThinkstockThe SPDR Gold Trust (NYSEMKT: GLD) has cratered along with the gold market. We will see if the bounce holds from Tuesday morning, but it has been hard to not see that the gain of…
courtesy Dell Inc.You can’t always get what you want, but if you try, you might get what you need. That seems to be the outcome of the deal announced today between Dell Inc. (NASDAQ:…
ThinkstockOver the past 10 years the world’s largest commodities trading houses have racked up nearly $250 billion in profit. That is more than the net profit of Goldman Sachs Group Inc. (NYSE: GS), J.P.…
ThinkstockThe U.S. Census Bureau and the Department of Housing and Urban Development reported this morning that new housing starts in March rose to an annual seasonally adjusted rate of nealry 1.04 million. That was…
ThinkstockIndustrial production and capacity utilization data have been released for the month of March. Production rose more than expected, with a gain of 0.4%, versus the Bloomberg consensus estimate of 0.2%. Capacity fell from…
thinkstockIn an effort to boost the amount of time users spend on its website, privately held Twitter is reportedly negotiating with Viacom Inc. (NASDAQ: VIAB) and Comcast Corp. (NASDAQ: CMCSA) for the rights to…
ThinkstockStern Agee issued a research call on Monday that may have been lost in the shuffle with gold tanking and with a terror attack hitting the Boston Marathon. The firm raised its expectations for both…
ThinkstockThe U.S. Labor Department has provided retail inflation data via the March Consumer Price Index (CPI). CPI came in at -0.2% on the headline report, with only a gain of 0.1% on the core CPI,…
Wikimedia CommonsGoldman Sachs Group Inc. (NYSE: GS) reported first-quarter fiscal 2013 results before markets opened this morning. The investment bank and financial services giant reported quarterly diluted earnings per share (EPS) of $4.29 on…
ThinkstockUBS has initiated new analyst coverage of the large retailers this morning, and we have focused on the big three retailers: Costco Wholesale Corp. (NASDAQ: COST), Target Corp. (NYSE: TGT) and Wal-Mart Stores Inc. (NYSE:…