ThinkstockChinese New Year is almost upon us. The new year is the Year of the Snake. Other nations with stock markets that celebrate Chinese New Year with multiday holidays include Macau, Malaysia, Taiwan, Vietnam…
thinkstockThe never-ending quest to produce energy from something other than fossil fuels has provided Wall St. firms and investors the challenge of constantly trying to determine which companies are legitimate. After years of boom…
ThinkstockSandRidge Energy Inc. (NYSE: SD) and its chief executive, Tom Ward, have been getting crosswise with investors since at least last November. Ward has been a particular target of two SandRidge investors who have…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories increased by 2.6 million barrels last week, bringing the total U.S. commercial crude inventory to 371.7…
Photo by Spencer Platt/Getty ImagesThe stock market is down Wednesday, with the Dow Jones Industrial Average down 0.26%, the Nasdaq down 0.35% and the S&P 500 down 0.22%. Today’s winners include a paper company…
ThinkstockWood products maker Boise Cascade Co. (NYSE: BCC) held its initial public offering (IPO) this morning, selling 11.76 million shares at an IPO price of $21. Yesterday the company raised its IPO price range…
ThinkstockBiogen Idec Inc. (NASDAQ: BIIB) may be a half decade or so late on this move, but as the saying goes “better late than never.” The biotech and drug company is the leader in multiple sclerosis…
ThinkstockGallup’s Job Creation Index fell from 17 in December to 16 in January, the lowest level in 11 months. The index for nongovernment jobs fell from 20 in December to 18 in January, the…
In case you missed it, 3M Co. (NYSE: MMM) became the most recent Dow Jones Industrial Average member to boost its dividend. It also raised its share buyback ambitions. Investors should be aware that…
ThinkstockWe have written at great length about the resurgence of homebuilding in the United States. Like any other sector, if you go long enough without production, demand catches up with supply. Doomsday scenario forecasters…
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseA federal judge in Manhattan ruled yesterday that Flagstar Bancorp Inc. (NYSE: FBC) must pay $90.1 million to bond insurer Assured Guaranty Ltd. (NYSE: AGO)…
ThinkstockCVS Caremark Corp. (NYSE: CVS) reported fourth-quarter and full-year 2012 earnings this morning. For the quarter, the pharmacy benefits management and retail sales firm posted adjusted diluted earnings per share (EPS) of $1.14 on…
Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades and initiations seen from Wall S. research calls. We have calls in banks, solar, tech, biotech and more. Arch Coal Inc. (NYSE: ACI)…
courtesy of Time WarnerTime Warner Inc. (NYSE: TWX) reported fourth-quarter and full-year 2012 results before markets opened this morning. The entertainment giant posted quarterly adjusted earnings per share (EPS) of $1.17 and $8.16 billion…
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a rise of 3.4% in the group’s seasonally adjusted composite index, following a drop of 8.1% for the previous…