KPMG has released a poll today showing bullish sentiment on the market for initial public offerings (IPOs) along with continued economic improvement in 2013. The report shows expectations for more investment in early- and…
ThinkstockThe Federal Housing Finance Agency (FHFA) reported this morning that U.S. home prices rose 0.6% month-over-month in December following a downward revision of the November housing price index to a gain of 0.4%. For…
ThinkstockThe S&P/Case-Shiller home price index for December was higher for the ninth consecutive month. The 20-city composite rose 6.8% year-over-year in December, in line with the consensus estimate, and well above the November increase…
Frank Golhen, via Wikimedia CommonsThe research team at the Bank of America Corp. (NYSE: BAC) unit Merrill Lynch is resuming coverage of the public financial exchanges. IntercontinentalExchange Inc. (NYSE: ICE) was reinstated at Buy…
ThinkstockMacy’s Inc. (NYSE: M) reported fourth-quarter and fiscal-year results before markets opened this morning. The department store giant posted quarterly adjusted diluted earnings per share (EPS) of $2.05 on revenues of $9.35 billion. In…
Jon OggThese are some of this Tuesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Aeropostale Inc. (NYSE: ARO) named Bear of the Day as expensive even after shares are…
ThinkstockHollyFrontier Corp. (NYSE: HFC) reported fourth-quarter and full-year 2012 results before markets opened this morning. The oil refiner posted quarterly EPS of $1.92 on revenues of $5.15 billion. In the same period a year…
ThinkstockThe Home Depot Inc. (NYSE: HD) reported fourth-quarter 2012 adjusted diluted earnings per share (EPS) of $0.67 and $18.2 billion in revenues before markets opened this morning. In the same period a year ago,…
ThinkstockDeutsche Börse and CME Group Inc. (NASDAQ: CME) talked about a merger of the two big exchanges, and then apparently they did not. The consolidation of the sector has left some exchanges feeling small…
ThinkstockGasoline prices have risen again. Yesterday, according to AAA Fuel Gauge, the price of a gallon of regular nationwide cost $3.782, compared to $3.777 the day before and $3.347 a month ago. So $4…
ThinkstockFor some reason, investors and the rest of the world are fascinated by the decision of Yahoo! Inc. (NASDAQ: YHOO) management to halt the ability of people to work from remote offices. Now, all…
ThinkstockYahoo! Bans Telecommuting For some reason, investors and the rest of the world are fascinated by the decision of Yahoo! Inc. (NASDAQ: YHOO) management to halt the ability of people to work from remote…
ThinkstockThe U.S. banking sector is looking better in 2013 than it did in 2012, 2011 and so on. Balance sheets, credit metrics and underlying asset values continue to recover. Still, the recession was not…
ThinkstockCandidate Pier Luigi Bersani won enough votes in the Italian election to control a part of parliament. Aged and oft-elected prime minister Silvio Berlusconi took defacto control of the senate. Between them neither has…
ThinkstockAmericans do not have enough for retirement. They do not save enough money for retirement. Their houses, a primary source of retirement funds, have lost value. Real wages barely have risen in the past decade,…