Boise Cascade Launches IPO
ThinkstockForest products company Boise Cascade Co. (NYSE: BCC) will launch an initial public offering (IPO) today. About 11.8 million shares will be offered with an estimated price range of $16 to $18 a share.…
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Year: 2013
All Year: 2013 Articles
Newest first · Page 437U.S. Airways’ Shares Rise on Earnings Beat
ThinkstockU.S. Airways Group Inc. (NYSE: LCC) 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 $0.26 on revenues of…
Apple Earnings Preview: All Hands on Deck!
courtesy of AppleApple Inc. (NASDAQ: AAPL) is covered almost every hour by the financial media and reported on by outside websites quite literally thousands upon thousands of times each and every day. Today is…
World Central Banks Want Their Gold at Home — Should Investors? (GLD, GDX)
ThinkstockIn an effort to meet their rising debt obligations, central banks around the globe have been printing money at a frantic pace. This phenomena is also leading to a global battle in which countries purposely…
McDonald’s Results Just Okay
courtesy of McDonald'sMcDonald’s Corp. (NYSE: MCD) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the fast-food restaurant chain posted diluted earnings per share (EPS) of $1.38 on revenues…
Top Analyst Upgrades and Downgrades (ALU, BHI, COST, DOV, ELLI, F, GE, GOOG, HIG, INCY, IBM, NU, SPG, AMTD, VZ)
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. Alcatel-Lucent S.A (NYSE: ALU) raised to Neutral from Sell at Citigroup. Baker Hughes Inc.…
Molycorp Tests Capital Markets with Large Capital Raise
ThinkstockMolycorp Inc. (NYSE: MCP) may have had some serious problems of late, but now the company is raising new capital and the move is adding pressure on the stock as this will be dilutive…
Coach Battered After Earnings, Revenues Miss
ThinkstockCoach Inc. (NYSE: COH) reported second-quarter fiscal 2013 results before markets opened this morning. The luxury goods firm posted diluted quarterly earnings per share (EPS) of $1.23 on revenues of $1.5 billion. In the…
Mortgage Applications Continue Rising
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a rise of 7% in the group’s seasonally adjusted composite index, following a rise of 15.2% for the previous…
Slowdown in North American Drilling Hits Baker Hughes
ThinkstockBaker Hughes Inc. (NYSE: BHI) reported fourth-quarter and full-year 2012 results before markets opened this morning. The oil field services firm reported adjusted diluted quarterly earnings per share (EPS) of $0.48 on revenues of…
Davos Economists Not Optimistic About 2013 Economic Recovery
ThinkstockThe World Economic Forum in Davos will give economists a chance to flog their views of the 2013 recovery, and apparently they will not be optimistic. According to the Financial Times: The world economy…
Europe to Adopt New Finance Tax
ThinkstockFinancially troubled Europe may have found a new way to bring in billions of dollars in revenue. It will place a tax on transactions by banks and related companies. That could pour cold water…
Jamie Dimon Takes His London Whale Apology Tour to Davos
Wikimedia CommonsJamie Dimon’s never-ending explanation of the “London whale” debacle and his round-the-world tour to apologize continued at the World Economic Forum in Davos. Reuters reports: JPMorgan Chase & Co Chief Executive Jamie Dimon…
IBM and Google Earnings Show Strength of Broad Economy
courtesy of IBMInternational Business Machines Corp. (NYSE: IBM) sells its products and services primarily to large companies, enterprises and governments. Google Inc.’s (NASDAQ: GOOG) ad sales often draw on smaller firms. And its traffic…
Gun Companies Do Not Want to Tell What They Sell
ThinkstockThere is nothing wrong with making and marketing guns, if people kill people, and guns do not. One of the odd things about firms that sell guns, however, is that they do not want…