As Car Companies Fiddle, Detroit Burns
courtesy Ford Motor Co.The Big Three have a history with Detroit that goes back a century. Ford Motor Co. (NYSE: F), some divisions of General Motors Co. (NYSE: GM) and Chrysler had their beginnings…
Archive
Year: 2013
All Year: 2013 Articles
Newest first · Page 429Why Yahoo! Gets So Much Attention
ThinkstockYahoo! Inc. (NASDAQ: YHOO) barely made the Fortune 500 last year, ranking 485th. However, for a company its size, it receives unbelievable press and interest from Wall St. Perhaps that is because Yahoo! is…
Media Digest (1/29/2013) Reuters, WSJ, NYT, FT, Bloomberg
courtesy of YouTubeYahoo! Inc.’s (NASDAQ: YHOO) revenue rises in the fourth quarter, but only slightly. (Reuters) Detroit probably will file for bankruptcy. (Reuters) Nokia Corp. (NYSE: NOK) will put $250 million into venture funds.…
Think Tank Backs Oil Hawks – Sort Of
Thinkstock By Daniel J. Graeber of Oilprice.com A policy report from the scholars at The Brookings Institution finds that a surge in U.S. oil and natural gas production is a “bright spot” in the…
Berkshire Hathaway Files to Raise Capital
ThinkstockBerkshire Hathaway Inc. (NYSE: BRK-A) is about to raise some new debt financing. An SEC filing S-3ASR from Warren Buffett and friends was filed on behalf of the Berkshire Hathaway Finance Corporation unit to…
VMware Sinking on Outlook
ThinkstockVMware Inc. (NYSE: VMW) reported fourth quarter and full year 2012 results after markets closed today. For the quarter, the virtualization software maker posted adjusted diluted earnings per share (EPS) of $0.81 on revenues…
Yahoo! Scores on Earnings: Search Trumps Display
ThinkstockYahoo! Inc. (NASDAQ: YHOO) is out with its fourth quarter earnings report. This is actually the first full quarter with Marissa Mayer on board as CEO. Earnings for the fourth quarter came to $0.32…
24/7 Wall St. Closing Bell — January 28, 2013: Markets Open Mixed, Close Nearly Flat (AKS, HEP, NWSA, FB, BBY, CAT, ROP, SIFY, BIIB, YHOO, STX, VMW, STLD, BSX, DHI, F, BTU, PFE, VLO, KERX, JOSB, HLF)
U.S. equity markets opened mixed this morning on relatively little new data. In Europe, Italian consumer confidence rose more than expected and Germany auctioned 12-month bills at a positive yield for the first time…
Has PetSmart Growth Finally Peaked? Amazon, Valuation, Margins All Up For Grabs
Jon OggPeople will spend endless dollars on their pets in good times and in bad times. PetSmart, Inc. (NASDAQ: PETM) has been proof of that, and its rival PetCo was acquired by private equity firms…
Credit Suisse Increases Industrial Expectations
ThinkstockCredit Suisse has decided that some of the gains in the industrial segment are not over. Republic Services Group (NYSE: RSG) is rated Outperform and its target was raised to $38 from $34, while…
William Ackman’s Secret Weapon: The FTC
CNBCThe Federal Trade Commission (FTC) today launched an investigation in what it believes to be an illegal pyramid scheme. The company involved is Fortune Hi-Tech Marketing, a multi-level marketing company that has been in…
Keryx Gets Back on the Map
ThinkstockKeryx Biopharmaceuticals Inc. (NASDAQ: KERX) has not been a household name in biotech investing, but the move on news on Monday has put the company on the map. After shares are up almost 95%…
GM to Spend $600 Million at Kansas City Plant
Courtesy General Motors Co.A new 450,000-square foot paint shop, a new stamping press, and other upgrades to the General Motors Co. (NYSE: GM) Fairfax plant in Kansas City will cost the company $600 million.…
Why All Eyes Are Focused on Jobs and Unemployment Report on Friday
ThinkstockThis coming Friday will bring the U.S. Employment Situation from the Labor Department. With significantly lower weekly jobless claims, with a semi-resolution to the fiscal cliff and to the debt ceiling, it might seem…
Buy-Rated Stocks Getting a Direct Boost From the U.S. Housing Recovery (LEN, TOL, HD, LOW, BAC, GE, WY, HON, PIR, BAST, FLXS)
ThinkstockLast month we wrote about the huge rally in the homebuilding stocks since the lows of the stock market in March of 2009. Stocks that were written off for dead like Lennar Corp. (NYSE:…