Archive

Year: 2013

All Year: 2013 Articles

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The Call for Verizon Wireless Consolidation Grows Louder

ThinkstockIn this morning’s top analyst upgrades and downgrades from 24/7 Wall St. (released each morning), one of the top upgrades was in Verizon Communications Inc. (NYSE: VZ). It was an upgrade from Citigroup that caught…

Jon C. Ogg · 14 years ago

Ethanol Supply, Demand Dwindles, but Price Remains High

ThinkstockU.S. drivers are using less gasoline than they were five years ago, due primarily to improved mileage ratings on new cars and fewer miles driven. Contributing to the lower demand for gasoline is an…

Paul Ausick · 14 years ago

Employment Continues to Rise — Slowly

Ed Brown, via Wikimedia CommonsThe U.S. Bureau of Labor Statistics (BLS) today released its data on state and regional unemployment for January. Compared with December data, unemployment rates rose in 25 states and the…

Paul Ausick · 14 years ago

Morgan Stanley Raises S&P and Dollar Targets

Morgan Stanley (NYSE: MS) has made several changes on its strategy team, with new outlooks in currency and index levels. The big change is in the S&P 500, although it was behind the curve…

Jon C. Ogg · 14 years ago

It’s Official: Suntech Receives Notice of Default

thinkstockChina’s one-time leader in the production of solar panels has officially been notified by its trustee that the company is in default on a $541 million bond payment and that payment has been accelerated.…

Paul Ausick · 14 years ago

BlackBerry CEO Derides Apple — Australian Financial Review

Courtesy Research in Motion Ltd.In an exclusive interview with The Australian Financial Review, BlackBerry (NASDAQ: BBRY) CEO Thorsten Heins took a swipe at Apple Inc. (NASDAQ: AAPL) and the venerable iOS operating system. Heins…

Paul Ausick · 14 years ago

Cities Where the Most Americans Work From Home

ThinkstockLarge companies such as Yahoo! and Best Buy recently have made headlines with new policies that prohibit working from home. This runs counter to the growing trend of more Americans telecommuting. According to a U.S.…

247sam · 14 years ago

Home Builder Confidence Dips Further in March

ThinkstockThe National Association of Home Builders (NAHB)/Wells Fargo housing market index fell by two points in March to 44. The January reading of 47 was the highest for the index since April 2006. An…

Paul Ausick · 14 years ago

Cyprus Deposit Seizure Hitting Euro and PIIGS Banks

ThinkstockI already have gone on the record that the taxation of deposits in Cyprus is nothing short of theft. Regardless of a bloated banking system that was in shambles, taking depositors’ assets under this method…

Jon C. Ogg · 14 years ago

Cyprus Moves from Taxation to Theft

wikicommons / SkimstaWhat we are seeing is in Cyprus an instance when taxation becomes theft. When depositors place money in banks, they assume that their deposits are safe as long as the banks do…

Jon C. Ogg · 14 years ago