ThinkstockBy the reckoning of number of economists, Spain’s number of unemployed reached six million late last year. Although the means of measurement are different, the figure contrasts with a number of 12.2 million in…
ThinkstockBy the end of this week, AirlineFinancials.com LLC is projecting the seven largest US airlines will have collectively reported $152 million in profits from $33.3 billion in revenue for the 4th quarter. This will…
thinkstockExcess battery charges are not the problem with Boeing (NYSE: BA) 787 safety concerns, so an investigation will continue and the planes will stay out of service (Reuters) Research In Motion (NASDAQ: RIMM) may…
U.S. equity markets opened mixed this morning, with the Nasdaq Composite lower on a weak quarterly earnings report last night from Intel Corp. (NASDAQ: INTC). The big news for today came out of China,…
ThinkstockWhen the U.S. Treasury and General Motors Co. (NYSE: GM) announced that GM had repurchased 200 million shares of Treasury-owned stock, the Treasury said it would sell the remaining 300 million shares it owns…
ThinkstockA second initial public offering (IPO) went off this morning: SunCoke Energy Partners LP (NYSE: SXCP). The master limited partnership’s (MLP) common units went out at $19, the low end of the prospective range…
ThinkstockOne of the big ideas floating around for the past year or so is the securitization of single-family rental payments into securities that could then sold to investors. If this sounds like a mortgage-backed…
The week ahead will be the official flood gate opening for earnings season. We have a very large portion of the S&P 500 Index reporting fourth-quarter earnings, and we have many Dow Jones Industrial Average…
ThinkstockSpot market prices for liquefied natural gas (LNG) have reached $18 per million BTUs and could go higher this year as supplies of the fuel appear to be softer than many traders had originally…
courtesy of Wal-Mart Stores Inc.Retail giant Wal-Mart Stores Inc. (NYSE: WMT) has revealed plans to open a 2,500-square foot store on the campus of Georgia Tech. The store will be, by far, the smallest…
Courtesy Norwegian Cruise Line Holdings Ltd.Cruise ship operator Norwegian Cruise Line Holdings Ltd. (NASDAQ: NCLH) kicked off its initial public offering today. The firm priced 23.53 million shares at $19 a share, which was…
ThinkstockThe Reuters/University of Michigan survey is out with its preliminary January reading on consumer sentiment. Its sentiment index came in at 71.3, which is rather disappointing. Make that extremely disappointing. The December reading was…
ThinkstockFitch Ratings is out with its 2013 outlook for housing, and the news appears to remain favorable after solid single-family housing starts and an unexpected jump in multifamily starts. The single family housing starts…
ThinkstockThe dread and fear that can come with a cancer diagnosis have their roots in its killer nature. It is the number two cause of death in Americans, second only to heart disease, according…
ThinkstockEarlier this week, Consol Energy Inc. (NYSE: CNX) outlined its investment plans for 2013 and said it would focus more on natural gas production. Today the company released its fourth-quarter operational review, and it…