Xerox’s Morale Problem
courtesy of XeroxOne of the largest hurdles to the Xerox Corp. (NYSE: XRX) “recovery” is the extent to which its employees hold the company and its chief executive, Ursula M. Burns, in low regard.…
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Year: 2013
All Year: 2013 Articles
Newest first · Page 34552-Week Highes Across the Airline Industry
courtesy Airbus S.A.The markets must be optimistic about both consumer and business spending, as well as the ongoing drop in oil prices. The stocks of almost every major airline reached 52-week highs in the…
Media Digest (3/22/2013) Reuters, WSJ, NYT, FT, Bloomberg
courtesy of MicrosoftCyprus likely to be pushed out of the European Union if it cannot repair its finances enough to get aid. (Reuters) An Organization for Economic Cooperation and Development (OECD) report on China…
Market Close: Big Winners & Losers for March 21, 2013 (ANAC, ACAD, ENTA, CMT, AFFY, BLDP, GMO, CIMT, AQ, SCHL)
thinkstockHere are today’s five biggest gaining stocks at closing: Anacor Pharmaceuticals Inc. (NASDAQ: ANAC) is up 26% at $4.84. ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) is up 23.9% at $8.24. Enanta Pharmaceuticals Inc. (NASDAQ: ENTA)…
24/7 Wall St. Closing Bell — March 21, 2013: Markets Slide on Europe Fears (FDX, WSM, YHOO, BKW, HON, ORCL, JBL, TUMI, KBH, LULU, MOV, ROST, MU, NKE, SLW, VRNG, DRI, TIF, AFFY, ACAD)
U.S. equity markets opened lower this morning and trailed slowly downward all day. The situation in Cyprus was unchanged this morning (more coverage here). In Europe, both manufacturing and non-manufacturing PMI fell short of…
Top Defense Stocks for North Korea Conflict (LMT, NOC, GD, RTN, BA, T, CTL, BAH, IBM, HPQ)
ThinkstockNorth Korean television this morning broadcast another thinly veiled threat against the United States. In a translation provided by the U.K.’s Guardian newspaper, North Korea said: The U.S. should not forget that our precision…
Goldman Tells Europe Refiners to Cut Production
ThinkstockFrom 2007 to 2012, imports of crude oil to the northeastern U.S. have fallen from around 1.5 million barrels a day to 870,000 barrels according to the U.S. Energy Information Agency. The drop is…
J.C. Penney: The Titantic Finally Sinks
courtesy J.C. Penney Co. Inc.Like the owners and builders of the Titanic, the board and management of J.C. Penney Co. Inc. (NYSE: JCP) apparently believed the 110-year old retailer was unsinkable. Or at least…
The Seven States Running Out of Water
ThinkstockThe United States is in the midst of one of the biggest droughts in recent memory. At last count, over half of the lower 48 states had abnormally dry conditions and are suffering from…
Existing Home Sales Rise Slightly, Inventories Still Low
ThinkstockThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in February rose 0.8% to 4.98 million from an upwardly revised total of 4.94 million in January.…
Natural Gas Supply Better Than Expected, Price Falls
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by 62 billion cubic feet last week, slightly less than the decline of 70 billion cubic feet anticipated by analysts.…
Phily Fed and Leading Indicators Rival Cyprus and Overseas Data
ThinkstockThe Federal Reserve Bank of Philadelphia reported the so-called Philly Fed Index today, putting the index back in positive territory, outside of contraction, for the month of March. Today’s reading came to 2.0, up…
BP Out of Russia — Finally
courtesy of BP plc The long saga of BP PLC (NYSE: BP) and its operations in Russia is just about wind up. The U.K. firm today closed the sale of its 50% stake in…
China Picks a Solar Company to Rescue
thinkstockWith Suntech Power Holdings Co. Ltd. (NYSE: STP) now in Chinese bankruptcy court, the shakeout in the Chinese solar industry is officially underway. What’s shakin’ today is a $51 million 15-year loan to solar…
Is Too Much Value Priced in for The Hunger Games?
ThinkstockIt is very frequent that companies get a boost from a novel series or from a movie series. It can be huge business. It can also be a sword that cuts two ways, and that is…