Another Surge in Car Sales
courtesy of General MotorsCars sales should surge again in February, as the annual rate reaches closer to the record levels of 2005 and 2006. Nothing — not even higher gas prices — can block…
Archive
Year: 2013
All Year: 2013 Articles
Newest first · Page 387Media Digest (2/25/2013) Reuters, WSJ, NYT, FT, Bloomberg
ThinkstockApple Inc. (NASDAQ: AAPL) aggressively moves into India, with discounts on the iPhone, to get a part of the huge market. (Reuters) Japan will spend $100 billion on infrastructure to boost its economy. (Reuters) General Motors…
Microsoft Gets Hacked, Like Everyone Else
courtesy of MicrosoftMicrosoft (NASDAQ: MSFT) got hacked like almost every other large tech company has been over the last several weeks. The world’s largest software firm said there was nothing to worry about. It…
Einhorn Bites Apple, but Not Too Hard
courtesy of AppleA federal court in New York ruled late today that David Einhorn’s Greenlight Capital has clearly demonstrated its case against a plan from Apple Inc. (NASDAQ: AAPL) that would have put to…
U.K. Debt Rating Cut at Moody’s
ThinkstockAfter U.S. markets closed today, Moody’s Investors Service cut its ratings on U.K. domestic- and foreign-currency government bonds from ‘Aaa’ to ‘Aa1’. The ratings agency also lowered its rating on the country’s central bank,…
24/7 Wall St. Closing Bell — February 22, 2013: Markets Show Some Strength Today (BBRY, FSLR, MCD, CAT, S, AGU, AIG, FTR, HPQ, MRVL, NEM, JWN, ANF, EGO, DDD, FE, HL, HTZ, LOW, KWK, HPQ, FIRE, ZNGA)
U.S. equity markets opened higher this morning following a two-day run of losses. No significant data was scheduled to be released in the U.S. today, so investors were guided by corporate earnings and lower…
The Best Dividend Hikes of the Week (KO, HFC, KMB, TXN, WMT, XRX)
This last week sure felt like a long week in the market, although it was only a four-day week. We saw several key dividend announcements from some great American companies. Some of the higher…
The Top 20 Must-Watch Earnings for the Week Ahead
Jon OggThe week ahead is going to have many key earnings reports. Retail is heavily represented, while technology and banking giants are non-existent. Some of these are stocks which can move big on earnings…
Online Gambling Now Legal in Nevada (ZNGA, IGT, BYI, BYD, WMS, SHFL)
ThinkstockThe governor of Nevada signed legislation yesterday legalizing online gambling in his state. New Jersey’s governor recently vetoed a similar bill but said he could sign one if properly amended. Shares of Zynga Inc.…
North American Rig Count Up Slightly Last Week
ThinkstockThe latest data from Baker Hughes Inc. (NYSE: BHI) shows that drilling rig counts in North America rose by 10 in the week ending today and fell by 259 from the comparable period a…
The Top Four Fresh IPOs Into Early 2013 (SCTY, YY, NCLH, WGP)
The market for initial public offerings in 2013 has been rather quiet considering how well the market has been doing since the start of the year. 24/7 Wall St. took a look at the…
PIIGS Watch: Italian PM Elections Matter, Could Rekindle Old Wildfires
ThinkstockThis weekend will bring the election of the next prime minister in Italy. Worrying about what is happening in Italy, Greece, Spain and the rest of the PIIGS feels “so-2012,” but anyone who cares…
Internet Security: Growth or Value Stocks?
ThinkstockInternet security has gotten a lot of attention in the past few weeks. President Obama mentioned it in his State of the Union speech just days after the Federal Reserve Bank and some the…
Would a Breakup Save Abercrombie?
ThinkstockAbercrombie & Fitch Co. (NYSE: ANF) is far from doomed, although it is one of the biggest losers on Friday. It is also farther and farther away from its old days of being the…
“Bleak” Outlook for Container Shipping Is Bad News for the Global Economy
Courtesy Maersk LineThe world’s largest container shipping group, Denmark’s A.P. Moeller-Maersk, expects shipping demand on routes between Europe and Asia to be “bleak” in 2013, leading to a very small increase in overall shipping…