thinkstockHere are today’s five biggest gaining stocks at closing: Affymax Inc. (NASDAQ: AFFY) is up 53.7% at $3.52. China Information Technology Inc. (NASDAQ: CNIT) is up 36.6% at $1.38. Immersion Corp. (NASDAQ: IMMR) is…
U.S. equity markets opened higher this morning and trickled lower most of the day as there was little news to follow generally good data from around the globe. In Japan, the central bank held…
ThinkstockApple Inc. (NASDAQ: AAPL) first tried to license music for a new streaming service in time for the iPhone 5 launch, but pushback from the industry’s largest music publisher, Sony/ATV, a division of Sony…
thinkstockPrivate equity firm Sycamore Partners has reached an agreement to take teen apparel retailer Hot Top Inc. (NASDAQ: HOTT) private for $14 a share in cash, or a total of about $600 million. The…
ThinkstockA report from the Federal Reserve is signaling that U.S. households have seen a substantial rise in their net worth. With the recession not being too long ago and with many workers still unemployed,…
courtesy of Apple Inc.By one analyst’s count, the Chinese will buy about 30% of all mobile phones shipped in 2013, or 240 million units of a total approaching 840 million worldwide shipments. While that…
The Direxion Daily Financial Bull 3X Shares (NYSEMKT: FAS) and the inverse Direxion Daily Financial Bear 3X Shares (NYSEMKT: FAZ) are leading our Daily ETF Folly feature ahead of the coming bank stress tests…
ThinkstockDick Bove is now with Rafferty Capital, and he was on CNBC this morning with yet another very positive call in the banking sector. His view is ahead of the stress test results today…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by 146 billion cubic feet last week, slightly more than the decline of 134 billion cubic feet anticipated by analysts.…
ThinkstockRetailers are announcing February same-store sales figures today. Research firm Retail Metrics projected an overall gain of 2.5% year-over-year, compared with a 5.1% gain in January and a 4.2% gain in February of 2012.…
ThinkstockArtisan Partners Asset Management Inc. (NYSE: APAM) is coming public today. The asset management firm had a premium deal priced for 11.054 million shares of its Class A stock at $30.00 per share as…
ThinkstockThe Kroger Co. (NYSE: KR) reported fourth-quarter and full-year 2012 results before markets opened this morning. The grocery chain reported quarterly adjusted diluted earnings per share (EPS) of $0.88 on revenues of $24.15 billion.…
ThinkstockThis morning brought on several key economic releases ahead of the key Friday jobs number and unemployment data from the Labor Department. The Challenger Job Cut Report came in at 55,356 for February, versus…
ThinkstockWe have reported at great length how the world of semiconductors has changed drastically in the past five years. A business that was once dominated by personal computers, laptops and servers is now is…
ThinkstockConsumer products giant Colgate-Palmolive Co. (NYSE: CL) announced a two-for-one stock split and a 10% dividend hike before markets opened this morning. Both the stock split and the higher dividend become effective in the…