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Year: 2013

All Year: 2013 Articles

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Greenbrier Tries to Make Shareholders Forget Icahn Offer

ThinkstockActivist investor Carl Icahn made a play for railcar maker Greenbrier Companies Inc. (NYSE: GBX) last December, but quickly reversed himself after the firm rejected his $22 per share offer. Greenbrier’s shares have risen…

Paul Ausick · 13 years ago

Skype Service Hits Benchmark Two Billion Minutes a Day

ThinkstockInternet telephone giant and pioneer Skype announced that members spend two billion minutes a day using its video chat service. The number proves just how badly Skype has hurt traditional phone companies, which both charge…

Douglas A. McIntyre · 13 years ago

Economic Decline in Europe Worsens

ThinkstockJust when it seemed that the economic data from the European Union could not get worse, new service sector purchasing managers index (PMI) information from Markit shows that the collapse in most countries in the…

Douglas A. McIntyre · 13 years ago

How the U.S. Is Making the Rest of the World Fat

ThinkstockPeople who live in nations where most residents were thin, at least as measured against the tremendous number of obese Americans, are getting fatter. Bloomberg blames this, in part, on the number of fast…

Douglas A. McIntyre · 13 years ago

Nineteen Stocks Expected to Rise 50% to 100% — or More

Investors and traders alike always seem to be on the lookout for new investment ideas. With the S&P 500 and the Dow Jones Industrial Average having recently hit new highs, 24/7 Wall St. decided to…

Jon C. Ogg · 13 years ago

Ten States Where Gas Prices Are Plunging

ThinkstockMarch gasoline prices fell for the first time in 10 years. As of April 1, the price of gas had fallen in 29 of the previous 33 days. Nationally, gas costs 30 cents a…

247alex · 13 years ago

The Dark Side of Unemployment

Ed Brown, via Wikimedia CommonsTwo constants dominate most discussions of how a multiyear recovery from terrible unemployment would need to progress. The first is that an historically large number of people who are currently out of jobs…

Douglas A. McIntyre · 13 years ago

An Argument Against Helping the Environment

ThinkstockThe government can work to improve the economy or it might spend money to improve the environment. Probably, the money for both will not be found. As deficits drop — part of Washington’s effort to improve the…

Douglas A. McIntyre · 13 years ago

Best Buy Finally Does Something Right — with Samsung

courtesy Best Buy Co. Inc.Best Buy Co. Inc. (NYSE: BBY) has found a smart way to use space at its deeply troubled retail outlets, which have been emptied of consumers, in large part, because these consumers can…

Douglas A. McIntyre · 13 years ago

What Is Important in the Financial World (4/4/2013)

ThinkstockEuropean Recession Worsens Just when it seemed that the economic data from the European Union could not get worse, new service sector purchasing managers index (PMI) information from Markit shows that the collapse in most…

Douglas A. McIntyre · 13 years ago

Media Digest (4/4/2012) Reuters, WSJ, NY Times

courtesy of AOL, IncThe Bank of Japan will increase government bond buying in an effort to end deflation. (Reuters) Delta Air Lines Inc. (NYSE: DAL) sues the Export-Import Bank over support it gives to…

Douglas A. McIntyre · 13 years ago

North Korea Rhetoric Acts as Defense Contractor Gift

The rhetoric out of North Korea is acting as a drag to the broader markets, but don’t tell that to the defense sector. Of the 30 Dow Jones Industrial Average stocks, only four are up.…

Jon C. Ogg · 13 years ago