ThinkstockAmericans are likely to trim their budgets this holiday season. According to Gallup, consumers estimate they will spend just $704 on gifts this year, on average. This is down from 2012, when the average…
Microsoft Sweden, via Wikimedia CommonsMicrosoft Corp. (NASDAQ: MSFT) is said to be narrowing down its list of candidates to replace Steve Ballmer as chief executive officer. While equity investors may be glad to see…
courtesy of Tesla MotorsFrom a high of nearly $195 a share in late October, shares of Tesla Motors Inc. (NASDAQ: TSLA) have slipped about 30% in just over two weeks to close last Friday…
ThinkstockThe National Association of Home Builders (NAHB)/Wells Fargo housing market index for November was flat with a downwardly revised reading of 54 in October. The reading was lower than a forecast of 55 from…
Wikimedia CommonsThe mystery behind Bitcoin is getting even more mysterious. The virtual currency keeps hitting new highs each day, and this is coming ahead of congressional hearings and regulatory bodies wanting their own form…
Courtesy of the U.S. National Weather ServiceThe violent weather that hit the U.S. Midwest on Sunday has claimed six lives so far and left hundreds of thousands of people without electricity. Illinois took the…
The Dow Jones Industrial Average (DJIA) is a very strange index considering that it is “The Stock Market” when most people who are not traders discuss how stocks did on any given day. Its…
Frank Golhen, via Wikimedia CommonsFor much of the past two years, technology has dominated both long/short exposure and long/short performance in the hedge fund world. This has changed over the past quarter with technology dropping…
Jon OggEarnings season is winding down and stocks are challenging new all-time highs. Investors and traders alike are considering how to position themselves for 2014. Each morning 24/7 Wall St. reviews dozens of Wall…
ThinkstockTyson Foods Inc. (NYSE: TSN) reported fourth-quarter and full fiscal year 2013 results before markets opened Monday morning. For the quarter, the food processing company posted adjusted earnings per share (EPS) of $0.70 on revenues…
ThinkstockThe Wall Street firms that handle the bulk of retail accounts are always very careful about recommending stocks priced in the single digits. Typically they are fallen angels, or sometimes just the victim of…
ThinkstockJinkoSolar Holding Co. Ltd. (NYSE: JKS) reported third-quarter 2013 results before markets opened Monday morning. The Chinese solar panel maker reported adjusted diluted earnings per American Depositary Share (ADS) of $1.36 on revenue of…
ThinkstockAs usual, the writers at Barron’s have made some suggests in this weekend’s edition for stocks to buy and stocks to avoid. Among the new picks are a chainsaw maker, a leading private equity…
courtesy of Google Inc.Google Inc. (NASDAQ: GOOG) calls the six new stores it has opened to demonstrate its consumer products “Winter Wonderlab.” It is a shame the search company will only have six of…
courtesy of TwitterThere have been a long line of companies set up based on the ability to use Twitter Inc. (NASDAQ: TWTR) to predict the direction of the stock market, and to even forecast the ups…