courtesy of AppleApple Inc. (NASDAQ: AAPL) is having an active day with shares down 10% at $461 due to nearly 33 million shares having traded hands. That is already 1.5-times normal trading volume and…
ThinkstockIron ore miner Cliffs Natural Resources Inc. (NYSE: CLF) said this morning that it would take a $1.4 billion non-cash impairment charge related to several of its mining operations in Canada. The largest piece…
thinkstockMellanox Technologies Ltd. (NASDAQ: MLNX) was one the great high-flyer stories of the first half of 2012, but ultimately valuation and reality caught up with the stock after shares rose from under $35 to…
courtesy of BlackberrySmartphone maker Research In Motion Ltd. (NASDAQ: RIMM) put up another 52-week high today, surely due to the weakness investors are currently heaping on Apple Inc. (NASDAQ: AAPL). Shares are getting an…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories increased by 2.8 million barrels last week, bringing the total U.S. commercial crude inventory to 363.1…
courtesy of Netflix Inc.Thursday’s stock market is mixed, with the Dow Jones Industrial Average up 0.58%, the Nasdaq down 0.17% and the S&P 500 up 0.50%. Today’s winners include an online streaming company and…
The federal government does not know what kinds of guns are used in homicides, except on the broadest level. That makes the debate over assault rifles and other semi-automatic rifles and pistols more difficult…
courtesy of Google Inc.Google Inc. (NASDAQ: GOOG) has filed an application with the Federal Communications Commission (FCC) asking for a two-year license to create an “experimental radio service” at the company’s campus in Mountain…
ThinkstockResearch firm Markit Economics reported that the flash U.S. purchasing manager’s index (PMI) rose from 54 in December to 56.1 in January, the highest index reading since last March. This is a preliminary reading…
ThinkstockCommercial real-estate firm Starwood Property Trust Inc. (NYSE: STWD) and private equity firm Starwood Capital Group, which are both controlled by Barry Sternlicht, have agreed to pay $1.05 billion for privately held LNR Property…
Ed Brown, via Wikimedia CommonsLast week’s first solid reading on the weekly jobless claims reading is being confirmed this Thursday. The Labor Department has announced that weekly jobless fell by 5,000 in the past…
ThinkstockFor the past almost 13 years, the stock market has been mired in a secular bear market. Sure there has been some strong rallies, especially when the market turned in March of 2009. None…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. Apple Inc. (NASDAQ: AAPL) cut to Hold at Jefferies, called an attractive entry point…
Courtesy 3M Company3M Co. (NYSE: MMM) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the conglomerate posted diluted earnings per share (EPS) of $1.41 on revenues of $7.39…
courtesy Boeing Co.Southwest Airlines Co. (NYSE: LUV) reported fourth-quarter and full year 2012 results before markets opened this morning. For the quarter, the airlines posted adjusted diluted earnings per share (EPS) of $0.11 on…