ThinkstockThe technology analysts at Bank of America Merrill Lynch surveyed more than 175 respondents with a total information technology (IT) budgets of more than $5 billion, predominantly in the United States (87% of companies).…
Wikimedia CommonsThe leading firms on Wall Street maintain a list of their top stocks to buy as their highest conviction calls from the top analysts in the firm. What is somewhat rare is to…
ThinkstockBaker Hughes Inc. (NYSE: BHI) reported third-quarter results before markets opened Friday morning. The oil field services firm posted adjusted diluted quarterly earnings per share (EPS) of $0.81 on revenues of $5.79 billion. In…
Jon OggEarnings season is well into full reporting, and a debt deal has been reached in Washington, D.C. Now that the S&P 500 Index has hit a new all-time high, many investors are wondering…
courtesy of General ElectricGeneral Electric Co. (NYSE: GE) reported second-quarter 2013 results before markets opened this morning. The conglomerate posted adjusted diluted quarterly earnings per share (EPS) of $0.36 on revenues of $35.73 billion.…
ThinkstockSchlumberger Ltd. (NYSE: SLB) reported third-quarter 2013 results before markets opened Friday morning. The oil field services firm posted adjusted diluted quarterly earnings per share (EPS) of $1.29 and revenues of $11.61 billion. In…
ThinkstockWhile Google Inc. (NASDAQ: GOOG) has yet to announce the official release of the Nexus 5, the smartphone reportedly did appear for a time on Google Play store, alongside the Nexus 7 and Nexus…
ThinkstockChina’s National Bureau of Statistics announced that third-quarter gross domestic product (GDP) rose 7.8%. Now, speculation and arguments over whether the People’s Republic can maintain the pace in the fourth quarter and into 2014…
ThinkstockHome flips, an important measure of housing market activity, declined 35% in the third quarter of 2013. Flipping a house — which involves buying, renovating and then reselling it — peaked in popularity in…
courtesy J.C. Penney Co. Inc.J.C. Penney Co. Inc. (NYSE: JCP) will be open on Thanksgiving, at least so far as letting customers in at 8 p.m. that day can be considered Thanksgiving hours. Those…
courtesy of Google Inc.The market already has rewarded Google Inc.’s (NASDAQ: GOOG) third-quarter earnings by lifting its shares to nearly $1,000, which is an all-time high. Investors were impressed by the improvement in Google advertising…
ThinkstockNavigator Holdings Ltd. has joined the list of companies looking to capture the interest of a strong market for initial public offerings. The company filed its IPO paperwork (F1) with the Securities and Exchange…
courtesy of Google Inc.Google Inc. (NASDAQ: GOOG) has spent most of the last three months trading in a range of $850 to $900, without much deviation above $900 and without much trading below $850.…
October 17, 2013: U.S. markets opened lower Thursday morning following the agreement last night to end (for now) to the federal government shutdown and to raise the debt ceiling temporarily. Disappointing earnings results from…
ThinkstockMost investors generally think that private equity firms exit most of their investments by initial public offerings or by outright resale of a whole company. There is actually another private equity exit strategy, and…