Cheaper iPhones May Be Headed to Developing Markets
courtesy of Apple Inc.Apple Inc. (NASDAQ: AAPL) may not be risking much if it releases a new, cheaper version of the iPhone, which according to rumors will happen in the third quarter. If the…
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Year: 2013
All Year: 2013 Articles
Newest first · Page 459Iran-Backed Hacks of U.S. Banks May Continue
ThinkstockSeveral websites of the consumer divisions of large U.S. banks have been down intermittently. The source of the problem was believed to be hackers, but it was not clear if they were a small,…
Interior Department to Probe Shell’s Offshore Drilling
ThinkstockProblems with a Royal Dutch Shell PLC (NYSE: RDS-A) drilling rig that broke loose several days ago and drifted to shore have created bigger headaches for the oil firm than it might have expected,…
What’s Important in the Financial World (1/9/2013)
ThinkstockCheaper iPhones Apple Inc. (NASDAQ: AAPL) may not be risking much if it releases a new, cheaper version of the iPhone, which according to rumors will happen in the third quarter. If the smartphone…
Unemployment Remains Above 15% in Several Cities
ThinkstockThe Bureau of Labor Statistics announced good news on the jobs front in major cities as measured in November: Unemployment rates were lower in November than a year earlier in 322 of the 372…
Media Digest (1/9/2012) Reuters, WSJ, NYT, FT, Bloomberg
courtesy of NetflixThe Bank of Japan may ease its monetary policy again as the country’s economy slows. (Reuters) The CEO of Apple Inc. (NASDAQ: AAPL) makes his second visit to China in the past…
Do Ad Slogans Sell Cars? No
courtesy of General MotorsSales of General Motors Co. (NYSE: GM) Chevrolet cars have not been robust lately. GM and many analysts blame this on an aging model line, which will be updated soon. GM…
The 10 Most Hated Companies in America
courtesy J.C. Penney Co. Inc.Why are some companies hated? The answer often depends on who is asking. Corporations can anger their customers, fail their shareholders, and mistreat their employees. 24/7 Wall St. analyzed each…
Boeing Should Ground the Dreamliner Before Someone Gets Hurt
courtesy Boeing Co.First, the Boeing Co. (NYSE: BA) 787 Dreamliner was years late against delivery targets that roiled airlines worldwide as their fleet plans had to be scuttled. Now, the Dreamliner may well be…
Bill Ackman and Pershing Square Keep Up Fight Against Herbalife
Bill Ackman may have seen Herbalife Ltd. (NYSE: HLF) rise more than handily after the initial tank after his short sale position was disclosed, but his Pershing Square is not letting up on his short-selling…
Apollo Group’s Shares Dive on Guidance
ThinkstockApollo Group Inc. (NASDAQ: APOL) reported fiscal first quarter 2013 adjusted diluted earnings per share (EPS) of $1.22 on revenue of $1.06 billion. In the same period a year ago, the for-profit education firm…
Alcoa Manages to Set Positive Tone for Earnings Season
ThinkstockAlcoa Inc. (NYSE: AA) just kicked off the official start of earnings season. This was one of our featured stocks in the most overvalued and undervalued Dow Jones Industrial Average stocks for 2013. The…
24/7 Wall St. Closing Bell — January 8, 2013: Markets Open Lower, Stay Down all Day (AA, BHI, EMC, RTN, GNW, CELG, MON, RPM, APOL, STZ, GBX, HELE, SCHN, FIO, SCTY)
U.S. equity markets opened lower this morning and remained down throughout the day. The likely reason for the downturn is lowered expectations for corporate earnings which will get off the blocks after markets close…
Bob Doll of Nuveen Issues 10 Predictions for 2013
Jon OggDuring the first part of January investors usually get inundated with predictions from market mavens, 2013 is turning out to be no different. Nuveen’s Bob Doll has issued his ten predictions for 2013.…
Investors Ignore Amgen Earnings Warning Due To R&D Tax-Credit
ThinkstockAmgen Inc. (NASDAQ: AMGN) is holding up better than some investors might have expected after the biotech giant warned about earnings. The lowering of earnings estimates was by a mere $0.10 for 2012 and…