ThinkstockYesterday, Suntech Power Holdings Co. Ltd. (NYSE: STP) acknowledged that it had missed a $541 million debt payment and admitted that its trustee had sent it an official notice of default. The company is…
ThinkstockBy now you are likely well aware that the housing crisis is not just over. The housing market is undersupplied and many markets are experiencing huge booms in their pricing. Many economists preach that housing…
Research firm CoreLogic Inc. (NYSE: CLGX) reported today that both the number and total value of residential properties with negative equity declined in the fourth quarter of the 2012. As a percentage of all…
ThinkstockIf you ever worry about improper usage of email, identity theft, impersonation and other online troubles that we all never used to have, imagine if you are the chief executive officer of a very…
ThinkstockLululemon Athletica Inc. (NASDAQ: LULU) already had a rough Monday, but things are going from bad to worse after it disclosed a shortage of its Luon pants and cropped pants due to “quality issues” in the…
ThinkstockSmall-cap independent oil and gas producer Sanchez Energy Corp. (NYSE: SN) this morning announced that it had purchased approximately 43,000 net acres in the Eagle Ford shale play in South Texas from Hess Corp.…
ThinkstockThe U.S. Census Bureau and the Department of Housing and Urban Development reported this morning that new housing starts in February rose to an annual seasonally adjusted rate of 917,000, an increase of 0.8%…
ThinkstockAs the country slowly has emerged from the gut-wrenching recession of 2008 and 2009, several industries have helped to lead the recovery. We have covered in great detail not only the reemergence of the home…
ThinkstockAfter the markets closed last night, drugmaker Affymax Inc. (NASDAQ: AFFY) said that it would cut 230 workers (75% of its workforce) and “evaluate strategic alternatives” for the company. Shares are getting pounded this…
Jon OggInvestors and traders constantly seek new good research-driven ideas for stocks to buy and for stocks to sell. Some of these come from independent research and some come from the large sell-side investment…
RadioShack Corp. (NYSE: RSH) just cannot manage to find any love. The troubled electronics retailer was downgraded to Neutral at BofA/Merrill Lynch, which is really just part of the ongoing wave of negative sentiment…
Wikimedia CommonsLondon-traded Ryanair Holdings, a low-cost European airline, has ordered 175 new Next Generation 737-800 aircraft from Boeing Co. (NYSE: BA). At current list prices, the order is worth $15.6 billion to Boeing. The…
ThinkstockThe stock market has had a tremendous first quarter, and semiconductor stocks as a sector are up more than 15%. Even though many Wall St. analysts and equity strategists see the market moving higher,…
ThinkstockThe government of Cyprus has drafted another plan to submit to the country’s parliament today that will exempt small savings account holders from the proposed raid on all deposits in the country’s banks. Under…
ThinkstockThe debate over how America’s largest companies use cash will pick up again. Moody’s Investor Services released a study that forecasts how big the cash balances will be at some of these public corporations at the…