ThinkstockCoach Inc. (NYSE: COH) is trading higher on Wednesday on unconfirmed reports from the site DealReporter that the luxury goods purveyor is exploring a sale of the company. The first thing we would note about…
courtesy of TargetTarget Corp. (NYSE: TGT) reported fourth-quarter and fiscal-year results before markets opened this morning. The big-box retailer posted adjusted diluted earnings per share (EPS) for the quarter of $1.65 and $22.73 billion…
Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Allscripts Healthcare Solutions Inc. (NASDAQ: MDRX) raised to Outperform with $15 price target at Credit Suisse.…
ThinkstockDollar Tree Inc. (NASDAQ: DLTR) reported fourth-quarter and full-year results before markets opened this morning. The discount retailer reported adjusted diluted earnings per share (EPS) for the quarter of $1.01 on revenues of $2.25…
ThinkstockJoy Global Inc. (NYSE: JOY) reported first-quarter fiscal 2013 results before markets opened this morning. The mining equipment maker reported adjusted diluted earnings per share (EPS) of $1.31 on revenues of $1.15 billion. In…
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a decrease of 3.8% in the group’s seasonally adjusted composite index, following a drop of 1.7% for the previous…
ThinkstockMoney does buy happiness. Perhaps the relief from anxiety about emergency funds or retirement money is part of it. Or the very rich believe that they can pay off their mortgages, if they have…
ThinkstockAs would be expected, the fiasco caused by national elections in Italy have raised borrowing costs. Bickering over which party should control the government could go on for weeks. New national elections may have…
ThinkstockThe number of big city dailies on the market for sale is about to rise sharply. These papers are viewed by many analysts as dinosaurs, and ones that will never make money. The losses…
ThinkstockBroadband infrastructure company Clearwire Corp. (NASDAQ: CLWR) is so pressed for money that it will apparently borrow funds from Sprint Nextel Corp. (NYSE: S), which has offered to buy it. New Sprint controlling shareholder…
ThinkstockThe Secret to Happiness Money does buy happiness. Perhaps the relief from anxiety about emergency funds or retirement money is part of it. Or the very rich believe that they can pay off their…
ThinkstockNearly every important set of data from the government and private sector analysts shows that the housing market has begun to recover. The housing recovery picked up steam in recent months. Home sales jumped…
ThinkstockThe Consumer Reports ratings of cars and light trucks gets almost as much publicity as those from J.D. Power. The nonprofit has announced its best and worst cars for 2013. The most notable result…
Wikimedia CommonsJ.P. Morgan Chase & Co. (NYSE: JPM) announced it will cut 4,000 part-time jobs and another 13,000 contract positions in its mortgage business. The bank blamed weaknesses in the mortgage market and new…
ThinkstockBy many estimates, New Jersey’s new law that allows online gambling will help troubled Atlantic City. It also will bring the state as much as $30 million a year. That does not seem like…