Reality Check: Cisco Now May Be Dirt Cheap Vs. Peers
courtesy of Cisco SystemsCisco Systems, Inc. (NASDAQ: CSCO) took a beating this last week. It was a bad enough drop that it made our own worst major blowups of the week feature on Saturday.…
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Year: 2013
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Newest first · Page 42J.C. Penney and Sears Investors Expect Strong Results
courtesy J.C. Penney Co. Inc.J.C. Penney Co. Inc. (NYSE: JPC) and the Kmart and Sears divisions of Sears Holdings Corp. (NASDAQ: SHLD) are supposes to be the losers among large U.S. retailers. Their stores…
Boeing Tallies $100 Billion in New 777X Orders at Dubai Airshow
Boeing Co.While The Boeing Co. (NYSE: BA) doesn’t yet know where it will build the planes, the company on Sunday took orders for 259 of its new 777X mini-jumbo jets, 30 of its 787…
The IPO Flood: A Big Week Behind Us, Another Big Week Ahead
ThinkstockThe week ending November 15th saw no less than 6 new names added to public equity markets and the coming week is set to add several more entrants which have scheduled initial public offerings…
Who Wins after EPA Cuts Biofuel Requirements?
ThinkstockAs expected, the U.S. Environmental Protection Agency (EPA) issued proposed rules on Friday to reduce the amount of ethanol required to be blended with gasoline in 2014. After a 60-day comment period the EPA…
Six Major Blowups of the Week: Chegg, Cisco, NII, Rackspace and More
Sometimes a major bull market just does not help some companies. Bad things can happen in good times. 24/7 Wall St. tracked some of the unusual disappointments from this last week and wanted to…
The Only Five Warren Buffett Stock Purchases That Matter
White House Photo by Pete SouzaBerkshire Hathaway Inc. (NYSE: BRK-B) and Warren Buffett disclosed their full equity holdings this week. The first thing we noticed was that there was a total equity value of…
Analysts Show Worrisome Figures for Twitter Bulls
courtesy of TwitterTwitter Inc. (NYSE: TWTR) has completed its initial public offering, and now it has a sky-high valuation of more than 50-times sales. The stock options began trading on Friday and the stock…
Friday Closing Bell: Markets Booming; DJIA, S&P 500 at Record Highs Again
November 15, 2013: U.S. equity markets opened higher Friday morning even following a dismal report on the Empire State manufacturing index, a lower-than-expected reading on U.S. industrial production, and a drop in U.S. export…
How Can InterCloud’s Gains be Rationalized?
ThinkstockCloud-based software service provider InterCloud Systems Inc. (NASDAQ: ICLD) has had a rough time since an initial public offering at $4 a share on October 31st. The shares had been trading over-the-counter at between…
Microsoft CEO Search Is Narrowing
ThinkstockMicrosoft Corp. (NASDAQ: MSFT) is about to potentially be a far different company. Steve Ballmer’s resignation, retirement, or force-out, was sooner than some investors were expecting. Now we have a Bloomberg report that the…
Google, AOL Cement Leads in Online Video Rankings
ThinkstockVarious sites owned by Google Inc. (NASDAQ: GOOG), including YouTube, drew nearly 165 million unique U.S. viewers in October. Facebook Inc. (NASDAQ: FB) clocked in with more than 70 million unique viewers, the second…
Fewer Cars, Less Driving, Lower Fuel Consumption Add Up Falling U.S. Demand for Oil
ThinkstockAverage annual fuel consumption per person in the U.S. fell below 400 gallons in 2008 and has not risen above that level since. That’s the lowest per person fuel consumption since 1984, and the…
U.S. Postal Service Has Seventh Straight Yearly Loss, Faces $40B Shortfall
courtesy of USPSThe U.S. Postal Service (USPS) is out with a new set of financials, showing yet another year of losses for 2013. Make that seven straight years of losses. Perhaps there is some…
Daily Deals for Moms: Zulily IPO Goes to the Moon
ThinkstockE-commerce and daily deals website for moms Zulily Inc. (NASDAQ: ZU) sold 11.5 million Class A shares Friday morning in an initial public offering (IPO) that priced shares at $22, above the expected range…