7-Year Treasury Auction Fails to Enthrall Investors
The U.S. Treasury just held an auction for its key 7-year notes on Wednesday and demand was deemed to be short of what bond investors wanted to see. Today’s auction was not a deathblow…
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Year: 2013
All Year: 2013 Articles
Newest first · Page 381American Homes 4 Rent Wants An IPO… Buffett Tracker?
ThinkstockA company called American Homes 4 Rent has issued a press release signaling that it intends to come public via an initial public offering. The company said that it plans to submit a registration…
Apple Must Pay Up
courtesy of Apple Inc.A federal judge in Texas has upheld a jury verdict totaling $368 million against Apple Inc. (NASDAQ: AAPL). The jury’s award to VirnetX Holding Corp. (NYSEMKT: VHC) is sweetened further by…
The Impact of Spending Cuts on Defense Contractors (LMT, BA, NOC, GD, RTN)
ThinkstockIf most Americans had ever heard the term “sequester” before last fall, they probably thought it meant something like entering a monastery or convent. But in the doublespeak of the current world of politics,…
Wall St. Analysts See 15% to 34% Upside in J.P. Morgan
ThinkstockIt is usually interesting when Wall St. brokerage firms and research firms issue analyst coverage on each other. Sometimes the coverage is positive and sometimes it is negative. Many investors likely have to wonder…
Deere Delivers Yet Another Dividend Hike
courtesy Deere & Co.The Deere & Co. (NYSE: DE) just delivered up yet another dividend hike. The company’s press release notes that this is the eleventh dividend hike since 2004. Deere last raised its…
Citigroup Voices Mixed Views on High-Dividend Canadian Banking Giants
ThinkstockCitigroup Inc. (NYSE: C) has a wide coverage of the financial universe, and that includes the banking giants. A report this Wednesday looks cautious on the firm’s coverage of the Canadian banking sector. The…
Crude Inventory Build Lower than Expected
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories increased by 1.1 million barrels last week, bringing the total U.S. commercial crude inventory to 377.5…
Why the Awful January Durable Goods Report Was Ignored, GDP Revision Looming
courtesy Boeing Co.The monthly report on durable goods is one of the most volatile reports you can get. The reason is that it involves the big-ticket items that are deemed to be long-lived rather…
Google and the “Icarus Effect”
courtesy of Google Inc.by Jon Friedman Google’s stockholders should be thrilled these days. Or shouldn’t they? The good news is that their beloved stock (NASDAQ: GOOG) recently smashed through the impressive $800 threshold for…
January Pending Home Sales Near Two-Year High
ThinkstockThe National Association of Realtors (NAR) this morning released its data on pending home sales in January. The index rose 4.5% from a downwardly revised 101.3 in December to 105.9, and it is 9.5%…
LinkedIn Scores Not One but Two New Street High Analyst Targets
ThinkstockLinkedIn Corp. (NYSE: LNKD) is the social networking stock that just keeps on cranking out profits for its investors. Now that shares have risen to above $157 as of Tuesday’s closing price, this professional…
3D Systems Completes Buy of Software Firm
ThinkstockThe largest of the 3D printing companies measured by market cap, 3D Systems Inc. (NYSE: DDD), said this morning that it has completed its $55 million acquisition of Geomagic, a software company that builds…
First Solar Fallout Deals Crushing Blow to Speculative Solar Sector
thinkstockFirst Solar Inc. (NASDAQ: FSLR) is leading shares lower this morning. The company has taken at least two severe analyst downgrades this morning. That is on the heels of a poor sales figure and…
U.S. Platinum Miner Hammers Estimates, Faces Challenge from Investor
ThinkstockStillwater Mining Co. (NYSE: SWC) reported fourth-quarter and full-year 2012 results before markets opened this morning. The platinum and palladium miner posted quarterly earnings per share (EPS) of $0.46, compared with a consensus estimate…