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Year: 2013

All Year: 2013 Articles

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Media Digest (2/5/2012) Reuters, WSJ, NYT, FT, Bloomberg

thinkstockThe United States begins a lawsuit against McGraw Hills Companies Inc.’s (NYSE: MHP) S&P for its role in the mortgage-backed paper debacle. (Reuters) BP PLC’s (NYSE: BP) fourth-quarter profits are strong though it faces…

Douglas A. McIntyre · 14 years ago

Yum! Troubles in China Crush Forecast, Shares

courtesy of KFCYum! Brands Inc. (NYSE: YUM) closed down 3% ahead of earnings, mostly as investors wanted to get out out of the way ahead of the fast-food giant’s earnings. Now we have the…

Paul Ausick · 14 years ago

Enterprise Products Looks to Raise More Cash

ThinkstockEnterprise Products Partners L.P. (NYSE: EPD) is effectively the largest of master limited partnerships out there, and now it wants to get larger. The MLP is selling some 8,000,000 common units representing limited partner…

Jon C. Ogg · 14 years ago

Weekly Gasoline Price Increase Sharpest in Two Years

ThinkstockThe AAA said today that the average U.S. price for a gallon of regular gasoline rose 5.2% last week, the fastest growth spurt in nearly two years, and added $0.174 to a the price…

Paul Ausick · 14 years ago

S&P Tries to Fight Back Against DOJ Ratings Suit

ThinkstockThe McGraw-Hill Companies Inc. (NYSE: MHP) is trying to defend itself against a suit coming from the Department of Justice that goes back to the ratings agency’s involvement in helping to cause the great…

Jon C. Ogg · 14 years ago

Has Walmart Really Peaked? Really? (WMT, DG, TGT, COST)

The death of the endless growth of Wal-Mart Stores Inc. (NYSE: WMT) is finally upon us. That is at least what J.P. Morgan Chase would lead you to believe. The bulge-bracket investment banking firm’s Christopher…

Jon C. Ogg · 14 years ago

S&P May Be Target of Federal Probe

ThinkstockCritics of the behavior of the various ratings agencies may be getting some high-powered company. According to a report in The Wall Street Journal, the U.S. Department of Justice and some state prosecutors are…

Paul Ausick · 14 years ago

Herbalife Says NY Post Story Wrong

ThinkstockWe noted earlier today that the New York Post ran an exclusive story this morning saying that the Federal Trade Commission (FTC) has a “pending” investigation into charges against Herbalife Ltd. (NYSE: HLF). Herbalife…

Paul Ausick · 14 years ago

Miners Get Boost on Rising Gold Price

ThinkstockThe Comex April gold price has risen more than $5 today and is currently trading at $1,676.00 an ounce. Last week’s poor showing for fourth quarter U.S. GDP growth has pushed the yellow metal…

Paul Ausick · 14 years ago

Dell Sale Moves Closer, Beware the Takeunder Buyout

courtesy of DellDell Inc. (NASDAQ: DELL) is not getting a great reception so far on Monday as word of its buyout continues to point to a deal getting closer and closer. Late last week,…

Jon C. Ogg · 14 years ago

More Valuation Caution Seen in Facebook Reality Check

courtesy of Facebook Inc.Facebook Inc. (NASDAQ: FB) may have seen its peak at the initial public offering. That is what Barron’s wants you to believe. While some concerns that were brought up were minimal…

Jon C. Ogg · 14 years ago

The New BlackBerry Hits the Tape

Courtesy Research in Motion Ltd.One of the side benefits of changing both your name and your ticker symbol is that it is like getting a fresh start on stock price ranges. BlackBerry (NASDAQ: BBRY),…

Paul Ausick · 14 years ago

FedEx Added to BoA Focus 1 List: New All-Time Highs Expected

By Tkgd2007 at en.wikipedia , from Wikimedia CommonsFedEx Corp. (NYSE: FDX) may be about to become a huge beneficiary of the transportation catch-up boom taking place in America and elsewhere. Bank of America/Merrill Lynch…

Jon C. Ogg · 14 years ago