thinkstockTeen retailer Abercrombie & Fitch Inc. (NYSE: ANF) said on Wednesday that same-store sales have fallen 14% in the third quarter, and that it expects a fourth-quarter drop in the low double digits. The…
Ed Brown, via Wikimedia CommonsThe October Employment Situation Report from the Labor Department is showing that the government shutdown had almost no real impact to the private sector jobs market. We think that the…
Jon OggThis week should be the end of the major earnings flood. With markets so close to highs, investors and traders alike are considering which stocks to buy and which ones to sell. 24/7…
ThinkstockWorldwide sales of semiconductors climbed to a record $80.92 billion in the third quarter of 2013, up 8.4% from $74.64 billion in the prior quarter, according to the Semiconductor Industry Association (SIA). Chip sales…
TwitterTwitter Inc. (NYSE: TWTR) managed to debut with a wildly successful initial public (IPO) offering on Thursday. 24/7 Wall St. wanted to offer up an analyst montage of the calls that have already been…
courtesy of TwitterThe initial public offering (IPO) of Twitter Inc. (NYSE: TWTR) will not dominate Friday’s financial news like it did Thursday’s, but there are a few things left to say. Well, maybe. Investors…
courtesy of U.S. Geological SurveyBoeing Co. (NYSE: BA) warned Friday that if assembly workers and local politicians do not ratify plans to build its new 777X in Seattle, the company will consider alternative sites.…
ThinkstockOctober’s jobs report showed a gain of 204,000 people to nonfarm payrolls. That is a pace of 1.5 million job additions for 2013. Many earlier months have been better. The Bureau of Labor Statistics (BLS)…
courtesy of General Motors Co.The General Motors Co. (NYSE: GM) Cadillac division can boast that Motor Trend named its new CTS as “Car of the Year.” The accolade does not offset the fact that…
courtesy J.C. Penney Co. Inc.The market was initially impressed that J.C. Penney Co. Inc. (NYSE: JCP) announced a tiny tick up in October same-store sales, a mere 0.9%. The retailer’s stock moved up, but…
ThinkstockGasoline prices are close to their lowest levels in nearly three years. They have plummeted from more than $3.60 per gallon at the end of the summer to just $3.22 per gallon. The cost…
ThinkstockStandard & Poor’s Ratings Services has downgraded its sovereign credit ratings of France. The move was pushed out in the middle of the night in America, which is the morning hours in Europe. It…
Molycorp, Inc. (NYSE: MCP) is a company which manages to keep disappointing and punishing just about any shareholder who dares to listen. The only major rare earth materials company in the United States reported…
courtesy of DisneyThe Walt Disney Co. (NYSE: DIS) reported fourth fiscal quarter and full-year 2013 earnings after markets closed Thursday. For the quarter, the entertainment giant posted diluted earnings per share (EPS) of $0.77…
courtesy of Groupon Inc.Groupon Inc. (NASDAQ: GRPN) is not a company we consider as systemically important, but it is widely tracked by many investors and consumers. The online couponing social media company has reported…