ThinkstockThe nation’s highways, bridges and schools are falling apart, due in large part to the lack of federal money for infrastructure repair. States and local governments, hampered by high pension and health obligations and…
ThinkstockAfter the close on Tuesday we will get to see tech-kings like Google Inc. (NASDAQ: GOOG) and International Business Machines Corp. (NYSE: IBM) report their fourth-quarter earnings. For IT-spending, IBM will be watched closely.…
ThinkstockBy John C.K. Daly of Oilprice.com In America’s energy industry, batted by last year’s Hurricane Sandy, can be added a new threat — computer malware, an ominous portent for the U.S. power grid. Apparently,…
ThinkstockThe Federal Reserve Bank of Richmond has released its Regional Survey of Business Activity. The bank showed that the service sector activity improved and was bolstered by nonretail services. It also showed that the current…
ThinkstockThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in December fell 1% to 4.94 million from a downwardly revised total of 4.99 million in November.…
ThinkstockPortland based boutique brokerage firm Pacific Crest securities came out today with an extremely bullish call on the wireless and tower sector. While starting four companies with an Outperform rating and initiating two with…
courtesy of Sirius XM RadioAn Securities and Exchange Commission filing this morning has shown that Liberty Media Corp. (NASDAQ: LMCAD) has acquired more shares of Sirius XM Radio Inc. (NASDAQ: SIRI). On January 17,…
courtesy of BlackberryIn an interview with a German magazine over the weekend, the CEO of Research In Motion Ltd. (NASDAQ: RIMM) said that a possible sale of the company’s hardware unit and licensing the…
courtesy of Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT) is making an expansion in Canada, which some investors may say is on the heels of a similar move from rival Target Corp. (NYSE: TGT)…
ThinkstockOne report from the Federal Reserve Bank of Chicago is the National Activity Index for the month of December, which was released this morning. It is somewhat misleading by the name because it is…
ThinkstockFreeport-McMoRan Copper & Gold Inc. (NYSE: FCX) reported fourth quarter and full-year 2012 results before markets opened this morning. The mining company posted diluted quarterly earnings per share (EPS) of $0.78 on revenues of…
Wikimedia CommonsCiting solid growth and a surging demand in the need for professional content, Goldman Sachs Group Inc. (NYSE: GS) upgraded the U.S. media sector to Attractive from Neutral today. The bulge bracket brokerage…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday. Amgen Inc. (NASDAQ: AMGN) cut to Neutral at Credit Suisse. ARM Holdings PLC (NASDAQ:…
ThinkstockDelta Air Lines Inc. (NYSE: DAL) reported fourth quarter and full-year 2012 results before markets opened this morning. The airlines posted adjusted diluted quarterly earnings per share (EPS) of $0.28 on revenues of $8.6…
ThinkstockWhen Dish Network Inc. (NASDAQ: DISH) acquired bankrupt Blockbuster nearly two years ago, the company said that the 1,700 Blockbuster stores that were part of the deal would “complement our existing video offerings while…