thinkstockWith a down to the wire timing that has become a tradition in Washington D.C., the House and the Senate approved what is being called the The American Taxpayer Relief Act of 2012. While…
ThinkstockBiogen Idec Inc. (NASDAQ: BIIB) is living up to why we just said it is now an overvalued biotech stock for 2013. Biogen Idec and the other biotech giants had risen perhaps too much in 2012, and…
ThinkstockThe Labor Department is out with its first weekly jobless claims report in 2013, and this is the last look from the government data ahead of Friday’s key unemployment report. With seasonal issues due…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall St. research firms this Thursday. Alcatel-Lucent S.A. (NYSE: ALU) raised to Neutral from Sell at Credit Suisse. Bank of…
ThinkstockRetailers are announcing December same-store sales figures today and, to tell the truth, expectations are pretty low. Research firm Retail Metrics projects an overall gain of just 1.9% year-over-year, sharply lower than the 3.5%…
Jon Ogg24/7 Wall St. has already identified its 2013 peak target for the Dow Jones Industrial Average of 14,590, which would translate to gains of more than 11.3% for investors. What is interesting is…
Late Wednesday, Jefferies Group Inc. (NYSE: JEF) added three new domestic names to its Global Conviction buy list. Apple Inc. (NASDAQ: AAPL), Celanese Corp. (NYSE: CE) and HMS Holdings Corp. (NASDAQ: HMSY) were all added…
ThinkstockFamily Dollar Stores Inc. (NYSE: FDO) reported first-quarter fiscal 2013 results before markets opened this morning. The discount retailer reported diluted earnings per share (EPS) of $0.69 on revenues of $2.42 billion. In the…
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning. It noted a decline of 21.6% in the group’s seasonally adjusted composite index, compared with a decline of 12.3% for…
ThinkstockIn yet one more sign that China has not only dodged the recession but it has been largely unaffected by the troubled economies of the rest of the world, the services sector of the…
courtesy of StarbucksStarbucks Corp. (NASDAQ: SBUX) will open a store in Vietnam, and why not. The investment is tiny, if meant to determine whether the coffee shop chain can take a piece of the morning…
ThinkstockWidely followed blogger Andrew Sullivan will leave the Daily Beast, just as he left The Atlantic before that. Sullivan plans to start a “for pay site” for which his new firm will charge as…
ThinkstockChina’s Service Sector In one more sign that China not only dodged the recession but has been largely unaffected by the economy of the rest of the world, its services sector expanded again in…
courtesy of Apple Inc.Apple Inc. (NASDAQ: AAPL) was first into the app store business. The huge markets it created with the iPhone and iPad have kept it in place as the head of the…
courtesy Boeing Co.A website called AirfareWatchdog asked about 1,000 travelers which airline has the rudest employees. The sample size may not be any good, at least based on the science of polling, but the results…