thinkstockSanDisk Corporation (NASDAQ: SNDK) was already up big off the 2012 lows, but now we have earnings out. The flash memory leader turned in earnings of $1.05 in earnings per share on sales of…
U.S. equity markets opened higher this morning following a string of solid earnings reports yesterday and after markets closed last night. As we note below, earnings results were more mixed today, but shares held…
ThinkstockMerely mentioning the word “union” along with labor can become a controversial and heated topic. We are going to leave the union versus non-union debate up to the readers, but new data is out…
ThinkstockThe U.S. House of Representatives today approved legislation that lifts the debt ceiling and allows the Treasury Department to borrow more money. The bill postpones the day of decision from sometime next month until…
thinkstock Today got off to a bit of a rocky start on earnings. McDonald’s Corp. (NYSE: MCD) beat estimates but not by much and growth appears to be stalled for the world’s largest fast…
ThinkstockFor the third consecutive week since the beginning of the year, the ICSC-Goldman Sachs index of retail sales is down. For the week ending January 19th, sales fell 1.5% from the previous week. For…
Last night we saw the news that Wells Fargo & Co. (NYSE: WFC) hiked its dividend to show that it has the top position of core banking strength in America. We expect some similar…
ThinkstockEven though demand for semiconductors fell in $297.6 billion in 2012, that still represents a lot of chips. The drop in demand is almost entirely due to higher consumer demand for mobile devices like…
ThinkstockOil industry information firm Platts reported today that Chinese demand for crude oil rose 7.7% in December 2012 to an average of 10.58 million barrels a day, the highest on record. The Platts analyst…
ThinkstockIf you have heard of the growing burden of student loans on society, there is a new report out from the U.S. Census Bureau that coincides with this trend. This is the growing rates…
Frank Golhen, via Wikimedia CommonsThe stock market was mixed Wednesday, with the Dow Jones Industrial Average up 0.35%, the Nasdaq up 0.29% and the S&P 500 down 0.14%. Today’s winners include a pharmaceutical company getting…
ThinkstockThe International Monetary Fund (or the IMF) issues guidance on global and country-specific economic expectations from time to time, but we now have the IMF’s 2013 World Economic Outlook for the globe and for…
ThinkstockCSX Corp. (NYSE: CSX) has some somber words for the U.S. coal sector, despite what has been a handy recovery in the share prices of many of the sector leaders. The rail transportation giant is…
ThinkstockThe Federal Housing Finance Agency (FHFA) reported this morning that U.S. home prices rose 0.6% month-over-month in November, following an upward revision of the October housing price index to a gain of 0.6%. For…
ThinkstockIt used to be a pretty simple equation. If you wanted to own a semiconductor stock you bought Intel Corp. (NASDAQ: INTC). Then you held it for years and made an excellent return. The days…