Mixed 30-Year Treasury Bond Auction
ThinkstockThe U.S. Treasury just auctioned off $13 billion in 30-year Treasury Bonds. The so-called “Long Bond” went off at a yield of 2.998% for the 3.125% coupon. Another issue to review is the strength…
ThinkstockThe U.S. Treasury just auctioned off $13 billion in 30-year Treasury Bonds. The so-called “Long Bond” went off at a yield of 2.998% for the 3.125% coupon. Another issue to review is the strength…
ThinkstockAfter markets closed last night, Fortinet Inc. (NASDAQ: FTNT) issued a warning on earnings and revenues for the company’s first quarter. The announcement dragged down share prices at several other vendors of Internet security…
ThinkstockIt was just at the end of last week that we offered up a list of the greatest turnaround prospects for 2013. Rite Aid Corp. (NYSE: RAD) would have been on the list, but…
ThinkstockWorldwide shipments of PCs fell 13.9% in the first quarter of 2013, compared with the first quarter of 2012, according to the latest data from International Data Corp. (IDC). That is the worst year-over-year…
ThinkstockMuch weaker than expected PC shipments data from IDC have brought on yet further systemic downgrades and risks to the PC sector. As Microsoft Corp. (NASDAQ: MSFT) loses, it seems that Apple Inc. (NASDAQ: AAPL)…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by 14 billion cubic feet last week, less than the decline of 21 billion cubic feet anticipated by analysts. Natural…
ThinkstockWeak reports on U.S. employment sent mortgage rates sliding for a second consecutive week, according to a report today from Freddie Mac. The average interest rate on a 30-year fixed-rate mortgage was 3.43% in…
ThinkstockRetailers are announcing March same-store sales figures today. Research firm Retail Metrics projected an overall gain of 1.5% year-over-year, compared with a 2% gain in February and a 3.9% gain in March of 2012.…
Courtesy Research in Motion Ltd.The penalty for being late — really late — to market is almost always more severe than a company wants to admit. Especially a company that had a firm grip…
ThinkstockWeekly jobless claims from the Labor Department had shown three consecutive increases, but that is now being undone. The weekly claims fell by a sharp 42,000, from 388,000 down to 346,000 for the past…
Jon OggInvestors and traders are often on the hunt for new ideas to generate income and profits. 24/7 Wall St. is always reviewing fresh research calls to find great ideas from value stocks to…
ThinkstockWith the markets making new highs seemingly every day, it is understandable that investors may be finding it harder and harder to find stocks that do not appear overvalued, or at a minimum overbought.…
Jon OggArgus offers what is truly considered to be independent investment research. This gives the firm the lack of any or most of the traditional conflicts of interest that can be the case as far…
Courtesy J.C. Penney Co. Inc.; photo by Chris RupertA state court judge in New York ruled yesterday that Martha Stewart Living Omnimedia Inc. (NYSE: MSO) did not violate its contract with Macy’s Inc. (NYSE:…
Wikimedia CommonsFirst it was gold and now it is Microsoft Corp. (NASDAQ: MSFT). Gold took a pounding yesterday when Goldman Sachs Group Inc. (NYSE: GS) said it is time to sell gold. Now it…