ThinkstockThe two most hotly debated scientific concepts associated with energy are “global warming” and “peak oil,” both with myriad proponents and detractors around the world. In the latter case however, what is indisputable is…
U.S. equity markets opened lower this morning following news out of China that government is about to tighten restrictions on real estate transactions. The news pushed the Shanghai exchange down nearly 4% and weighed…
courtesy of SamsungIn 2013, for the first time, shipments of smartphones are forecast to top sales of feature phones. With shipments expected at 50.1% of all mobile phones shipped worldwide, smartphones are touted to…
ThinkstockAfter three consecutive years of 4%+ same-store sales growth in the month of February, the outlook for the month in 2013 calls for growth of 2.7%, primarily on a forecast of weaker sales at…
Courtesy Research in Motion Ltd.One sure sign that a new product is not living up to its expected results is a falling price. And that is what’s happening in the United Kingdom to the…
ThinkstockFor the month of February, Delta Air Lines Co. (NYSE: DAL) raised its revenue per mile for each passenger carried by 5%, compared with February a year ago. It is a good thing everyone…
ThinkstockThis will not sound nice, but it isn’t meant to: It really sucks to be a gold miner right now. Gold prices have lost the wind at their back, gold production prices are higher…
Frank Golhen, via Wikimedia Commons24/7 Wall St. is tracking seven highly unusual volume spike stocks within the first 90 minutes of trading so far this Monday. We have shown the price and volume on…
ThinkstockTypically the Mobile World Congress exposition focuses on the smartphone and handset part of the industry, and at this years recently completed show in Barcelona that was once again the case. While there were…
ThinkstockChinese solar maker Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) reported fourth-quarter and full-year 2012 earnings this morning. Revenues were much better than expected, but earnings remained below estimates. Gross margins came in…
Photo by Spencer Platt/Getty ImagesThe stock market is down Monday, with the Dow Jones Industrial Average down 0.35%, the Nasdaq down 0.20% and the S&P 500 down 0.20%. Today’s winners include a materials manufacturer…
ThinkstockSpecialty chemicals firm Ferro Corp. (NYSE: FOE) has received an unsolicited buyout offer from A. Schulman Inc. (NASDAQ: SHLM), another provider of specialty chemicals and plastics. The total value of Schulman’s offer is about…
ThinkstockHecla Mining Co. (NYSE: HL) is seeing its shares clipped hard this morning due to an acquisition it is making. The company will spend close to $800 million to acquire Aurizon Mines Ltd. (NYSEMKT:…
ThinkstockIntegrated oil company Hess Corp. (NYSE: HES) has announced plans to complete its transformation into a pure-play energy exploration and production (E&P) company by shedding its remaining downstream assets (refining, marketing and trading) and…
Frank Golhen, via Wikimedia CommonsA huge inflow of capital has kept stock prices elevated and rising in 2013. The great rotation is finally being seen, but unfortunately it is happening after stocks have doubled…