ThinkstockWhile the paper and packaging industry might not seem quite as exciting as the glamorous world of high tech or high finance, it is often a closely watched sector by economists and market strategists…
PennyMac Financial Services is a newly formed holding company affiliated with the Private National Mortgage Acceptance Company. The company has filed its S-1 registration statement with the Securities and Exchange Commission to allow it…
courtesy of Apple Inc.David Einhorn of Greenlight Capital has taken a move against Apple Inc. (NASDAQ: AAPL) in an Securities and Exchange Commission filing, and he is trying to drum up shareholder support from…
ThinkstockRetailers are announcing January same-store sales figures today. Research firm Retail Metrics projects an overall gain of 2.8% year-over-year, compared with a 4.8% gain in December and a 2.9% gain in January of 2012.…
ThinkstockWe had two reports on the labor situation in America this Thursday. The weekly jobless claims is of course very current, while the report on worker productivity and unit labor costs is a fourth-quarter…
ThinkstockHave some widely owned health care names hit a wall when it comes to growth and earnings? In a research report issued today, Credit Suisse Group Inc. (NYSE: CS) issues some not very enthusiastic…
Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. AbbVie Inc. (NYSE: ABBV) started as Neutral at Credit Suisse. Akamai Technologies Inc. (NASDAQ: AKAM) cut…
courtesy of Sprint Corp.Sprint Nextel Corp. (NYSE: S) reported fourth-quarter and full-year 2012 earnings before markets opened this morning. For the quarter, the telecom posted a diluted earnings per share (EPS) loss of $0.44…
courtesy of Sirius XM RadioWe have mostly come through earnings season, and the start of February turns into “Annual Report Season” on Wall St. This is when investors get to see how all the…
ThinkstockBunge Ltd. (NYSE: BG) reported fourth-quarter and full-year 2012 earnings before markets opened this morning. For the quarter, the agribusiness giant posted adjusted diluted earnings per share (EPS) of $0.57 on revenues of $17.04…
ThinkstockiTunes song sales have reached a number that is more than three times the world’s population. Apple Inc. (NASDAQ: AAPL) has reinvented the music distribution, but not in a way that has benefited publishers,…
courtesy of Sony Corp.There are more rumors that Sony Corp. (NYSE: SNE) will launch a PlayStation 4 model, perhaps as early as this month. The PlayStation was once the leader of the game console…
ThinkstockDeeply damaged telecom equipment company Alcatel-Lucent S.A. (NYSE: ALU) has fired CEO Ben Verwaayen. The decision will not matter. The company has lost so much market share that its shares trade near penny stock…
ThinkstockAirline mergers are messy for employees, aircraft builders, airports and especially customers. The likely merger of U.S. Airways Group Inc. (NYSE: LCC) and bankrupt AMR, parent of American Airlines, will cause another round of…
courtesy of Google Inc.Yahoo! Inc. (NASDAQ: YHOO) made another in a series of decisions that have pushed its shares higher for months. It has formed an advertising deal with Google Inc. (NASDAQ: GOOG), which…