ThinkstockCME Group Inc. (NASDAQ: CME) reported third-quarter 2013 results before markets opened Monday morning. For the quarter, the exchange operator posted adjusted diluted earnings per share (EPS) of $0.75 on revenues of $714.6 million.…
ThinkstockThe U.S. Federal Reserve may have slashed the Fed funds rate as low as humanly possible. After all, how can you beat zero percent (actually targeted 0.00% to 0.25%)? The answer is with quantitative…
ThinkstockWith a stock market that has posted a 23% gain on the S&P 500 Index so far in 2013, the Prime Brokerage team at Credit Suisse is starting to see some interesting changes in…
The American middle class is shrinking. According to a report released earlier this year, an estimated 51% of the population was in the middle class at the start of the decade, down from 61%…
Courtesy of BlackBerryBlackBerry Ltd. (NASDAQ: BBRY) faces its last stand as a public company, while three or four financiers and corporations prepare bids for assets that some analysts think are worth nothing. Stupidity has…
Courtesy Procter & GambleThe New England Patriots have become “America’s Team,” a position that belonged to the Dallas Cowboys for years. Patriots games are among the greatest shows on earth, with quarterback Tom Brady slinging…
ThinkstockThe media is full of analysis of why a drop in gasoline prices may help gross domestic product (GDP). Most of that analysis is flawed because it does not look at the numbers state…
Frank Golhen, via Wikimedia CommonsEarnings season has been going strong, most DJIA components have reported earnings, and this coming first full week of November will mark the last week of major earnings reports from…
Courtesy of BlackBerryIf you are still among the rumored hordes considering a bid for smartphone maker BlackBerry Ltd. (NASDAQ: BBRY), you have until Monday to get your bid in. Or maybe not, depending on…
Courtesy Facebook Inc.Facebook’s (NASDAQ: FB) earnings release is less than a week old. In such short period of time, Wall St. has shrugged them off. On the most recent Monday the stock topped out…
Berkshire Hathaway Inc. (NYSE: BRK-A) reported earnings on Friday. This is an earnings report which you would deem a good report from some sources and a bad report from other sources. Warren Buffett himself…
courtesy of Kia MediaThe U.S. October car and light truck sales numbers were another reason for the industry to cheer the remarkable run the industry has had since the depth of the recession in…
Courtesy J.C. Penney Co. Inc.; photo by Chris RupertThere is a growing school of thought that J.C. Penney Co. Inc. (NYSE: JCP) has started to walk out of the deep woods of retail oblivion…
Jon OggThird quarter earnings season has been more positive than expected by and large. We have seen some very positive earnings season reactions. We have also seen some serious duds after earnings. 24/7 Wall…
ThinkstockIdenix Pharmaceuticals Inc. (NASDAQ: IDIX) was the biggest gainer of all listed stocks on Friday with a rally of 40%. Its trading volume of almost 9.2 million shares was almost eight-times the normal volume.…