ThinkstockUncertainties Push Oil Higher The Algeria hostage crisis shows how little it takes in the terms of geopolitical events to cause a spike in oil prices. As problems in the Middle East simmer, along…
courtesy of NetflixU.S. investigations of the Boeing Co. (NYSE: BA) 787 Dreamliner focus on its main battery. (Reuters) Intel Corp. (NASDAQ: INTC) offers a weak outlook for future quarters. (Reuters) China’s gross domestic product…
ThinkstockGeneral Electric Co. (NYSE: GE) is set to report earnings early Friday morning before the open. The latest Thomson Reuters consensus was $0.43 EPS on revenue of about $38.7 billion. If GE details its guidance…
Courtesy of American ExpressIn line with its preliminary results released last week, American Express Co. (NYSE: AXP) today reported adjusted fourth quarter earnings per share (EPS) of $1.09 on revenues of $8.1 billion in…
Wikimedia CommonsIntel Corp. (NASDAQ: INTC) was up by 2% going into earnings today, in part led by a new leak on Bloomberg at the end of the trading day that came out right before…
U.S. equity markets opened higher this morning following the report that new claims for unemployment benefits had fallen by 37,000 to a level not seen since 2008 (more coverage here). The government report on…
thinkstockCrude oil futures topped $96 a barrel earlier today, the highest price since last September. Rising prices follow today’s reports on new jobless claims and new housing starts, both of which indicate that the…
ThinkstockToday’s announcement from CBS Corp. (NYSE: CBS) that it will convert its outdoor advertising business into a REIT and seek buyers for the foreign properties owned by the company could fire up interest among…
thinkstockDespite reasonably consistent oil prices and an increasingly favorable overall tolerance for risk, the oil service sector had an ugly year in 2012. After a disastrous first half of the year the sector rallied…
Wikimedia CommonsOnce exempt from most state and local sales taxes, Amazon.com Inc. (NASDAQ: AMZN) now collects the taxes in at least nine states, including New York, Texas, California, and Massachusetts. Some early research indicated…
ThinkstockThe banking sector has by and large traded at a discount to its stated book value for quite some time. Many banks are still trading under their tangible book value, meaning that the banks…
ThinkstockA new survey by customer satisfaction research firm ForeSee has found that luxury shoppers are not getting the kind of service they expect from retailers catering to the high-end market. The top scoring retailers…
Jon OggArgus Research, an independent equity research firm open since 1934, has issued a series of changes to its model portfolios now, as we are still in the early part of the year. This…
The stock market is up Thursday, with the Dow Jones Industrial Average up 0.47%, the Nasdaq up 0.48% and the S&P 500 up 0.43%. Today’s winners include a shoe company getting purchased and a…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by 148 billion cubic feet last week, above an average expected drop of around 137 billion to 141 billion cubic…