courtesy Best Buy Co. Inc.Best Buy Co. Inc. (NYSE: BBY) reported third-quarter fiscal 2014 results before markets opened Tuesday morning. The big-box retailer of electronics gear reported adjusted diluted earnings per share (EPS) of…
ThinkstockLast Friday the Chinese government unveiled a 60-point reform plan designed to boost Chinese economic and social status to new levels. The agenda is an initiative to move China to a more free market…
ThinkstockThe economy has never gone back into major expansion mode after the recession. After all, the financial media often doubts the bull market, and the Federal Reserve and other central banks are involved in…
Wikimedia CommonsHome Depot Inc. (NYSE: HD) reported third-quarter 2013 diluted earnings per share (EPS) of $0.95 and $19.47 billion in revenues before markets opened Tuesday morning. In the same period a year ago, the…
Courtesy of Tesla MotorsTesla Motors Inc. (NASDAQ: TSLA) CEO Elon Musk announced Tuesday actions the company will take in the wake of three highly publicized car fires in Model S vehicles. These include changing…
thinkstockCan CNBC Replace Maria Bartiromo as she leaves for Fox? No. In the third quarter, nearly every show aired by the network hit a multiyear low in ratings. As a matter of fact, the…
courtesy of Sony Corp.Various reports claim that Sony Corp. (NYSE: SNE) has hired consulting firm Bain & Co. to find cost cuts at Sony Pictures Entertainment, which may total $100 million annually. Many analysts believe…
ThinkstockHardly encouraging: The global economy is expected to continue expanding at a moderate pace over the coming two years, but policymakers must ensure that instability in financial markets and underlying fragility in some major…
courtesy of Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT) decided to hammer its competition by matching some Black Friday prices one week before Black Friday. The move could drive down Walmart’s margins on a number…
November 18, 2013: U.S. equity markets opened higher Monday morning with the DJIA briefly topping 16,000 and the S&P 500 rising above 1,800. By mid-afternoon, though, equity prices fell as investors await some big…
Frank Golhen, via Wikimedia CommonsThis week will be a busy one as far as earnings, but this is also marks the beginning of the end for corporate earnings. We also still have some DJIA…
ThinkstockSkin cancer treatments remain elusive. While some drugs are on the market for advanced-stage treatment, the most common and longest method of initial treatment still involves the doctor taking the scalpel and cutting it…
ThinkstockIn the relatively small and closely watched 3D printing sector, a move by one of the stocks usually causes the others to move as well. On Monday, raised price targets for two of the…
ThinkstockWith more stores than ever before choosing to open for at least part of Thanksgiving day, there has been a lot of public response to those merchants who will be doing business on the…
courtesy of Cisco SystemsSomething very strange is happening in the world of networking and data communications players. The earnings miss and earnings warnings out of Cisco Systems Inc. (NASDAQ: CSCO) present two interesting takes.…