ThinkstockIt has been estimated that $2.75 trillion will need to be invested in America’s aging infrastructure by 2020 to get our crumbling roads, bridges, highways, water systems and power grids back up to par.…
ThinkstockJust last Thursday we said that gasoline prices, then at $3.628, could continue to rise until prices got to an average of around $3.80 a gallon. According to the AAA Daily Fuel Gauge report,…
ThinkstockThe National Association of Homebuilders (NAHB)/Wells Fargo housing market index fell by a point in February to 46. The January reading was the highest for the index since April 2006. An index reading below…
ThinkstockGold and precious metals investors will want to pay attention to the tape of late for gold prices. ETF Securities, which manages the ETFS Physical Swiss Gold Shares (NYSEMKT: SGOL), has released its weekly outlook…
ThinkstockPackaged food giant ConAgra Foods Inc. (NYSE: CAG) completed its $4.95 billion acquisition of private-label food maker Ralcorp late last month, and today the company told an analysts’ conference that 2013 will be a…
ThinkstockHumana Inc. (NYSE: HUM) is leading the large health insurance providers lower as the week gets off to a start. The news hit going into the weekend that the Centers for Medicare and Medicaid…
ThinkstockNassim Taleb is well known for his work as a trader and professor, as well as the author of the book “ Black Swan.” He often concentrates his work on market volatility and the…
ThinkstockWith a population more than four times that of the United States, it is only a matter of time before China becomes the world leader in any number of areas where the U.S. has…
ThinkstockIn 1997, Microsoft Corp. (NASDAQ: MSFT) paid an estimated $400 to $500 million for one of the Internet’s first webmail programs, Hotmail. Today, the software giant is officially launching Outlook.com to replace the 17-year…
Jon OggThese are some of this Monday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Apache Corp. (NYSE: APA) cut to Neutral at Macquarie. Bank of America Corp. (NYSE: BAC)…
ThinkstockExpress Scripts Holding Co. (NASDAQ: ESRX) reported fourth-quarter and full-year 2012 results yesterday. For the quarter, the pharmacy benefits management company posted adjusted diluted earnings per share (EPS) of $1.05 on revenues of $27.41…
ThinkstockPrint journalism had a bad few days. The Reader’s Digest filed for Chapter 11 for the second time in three years, with $1.1 billion in assets and $1.2 billion in liabilities. The transaction will…
ThinkstockCrude oil prices are approaching $100 again, a level where the commodity has not traded since the autumn. Blame a better economy in China and political problems in the Middle East, although those explanations are…
ThinkstockBP PLC (NYSE: BP) has decided that the best way to repent from the sins it took on with the Gulf of Mexico disaster is to litigate. According to The Wall Street Journal: BP already has…
ThinkstockReader’s Digest Bankruptcy Print journalism had a bad few days. The Reader’s Digest filed for Chapter 11 for the second time in three years, with $1.1 billion in assets and $1.2 billion in liabilities.…