Piper Jaffray Top Stocks to Buy for 2014
courtesy of Apple Inc.Like most firms that we cover on Wall Street, Piper Jaffray has updated its top names to buy for 2014, and the firm has an extensive market commentary to go along…
Archive
Year: 2013
All Year: 2013 Articles
Newest first · Page 9Walmart Looks to Private Brands, Sam’s Club to Bolster Its Foothold in China
ThinkstockWhile Wal-Mart Stores Inc. (NYSE: WMT) already has plans to open two additional Sam’s Club outlets in China in the coming year, its China chief, Greg Foran, said he hopes to increase that rate…
Mortgage Loan Rates Continue to March Higher
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 5.5% in the group’s seasonally adjusted composite index following a rise of 1% for the previous…
Ford, GM Fail to Make Consumer Reports Best Values List
Courtesy Toyota Motor Corp.For the second consecutive year, the Prius IV from Toyota Motor Corp. (NYSE: TM) has been named the best value among new cars by Consumer Reports magazine. The Fit from Honda…
What the $636 Million Lottery Winners Should Do (and Not Do)
Mega MillionsThe Mega Millions lottery reached a second-best level ever of $636 million for the December 17, 2013 drawing. It now appears that there are two winning tickets. One was reported to be sold…
Teva Secures Rights to Launch Generic Viagra
ThinkstockPfizer Inc.’s (NYSE: PFE) patent protecting popular erectile dysfunction drug Viagra from generic competition may not expire until April 2020, but Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) has acquired rights to launch its generic version…
Is The Best Buy Stock Run Over?
courtesy Best Buy Co. Inc.The shares of Best Buy Co. Inc. (NYSE: BBY) are up almost 250% this year. The company’s management has staged a turnaround, at least partially. But the progress is not great…
Why Detroit Cannot Be Fixed
ThinkstockThe idea behind saving Detroit is that, if most of its debt and pension obligations are wiped out in bankruptcy court, the city can operate mostly unencumbered with what have been huge, obligatory outflows…
Can One Man Fix Healthcare.gov?
ThinkstockThe Obama administration appointed former Microsoft Corp. (NASDAQ: MSFT) executive Kurt DelBene as senior advisor to Kathleen Sebelius, Secretary of Health and Human Services. She is the person most blamed for the broken Healthcare.gov website. Whatever…
The 5 Stocks That Moved the Market on Tuesday
thinkstockDecember 17, 2013: Markets opened mixed on Tuesday, but the DJIA couldn’t hold onto its early gains though it bounced once more into positive territory before settling on the down side. All eyes (and…
AOL Leaps Up in Online Video Rankings
ThinkstockVarious sites owned by Google Inc. (NASDAQ: GOOG), including YouTube, drew more than 163 million unique U.S. viewers in November. AOL Inc. (NYSE: AOL) drew 73 million viewers and Facebook Inc. (NASDAQ: FB) clocked…
Why Oracle Earnings Matter So Much for 2014 After Cisco
courtesy of OracleOracle Corp. (NYSE: ORCL) is set to report earnings on Wednesday after the close. 24/7 Wall St. wanted to bring an earnings preview on the matter, but we want to stress that…
Lottery Rises to $636 Million: What to Do (and Not Do) If You Win
Mega MillionsThe Mega Millions lottery just keeps going higher and higher. Tuesday’s jackpot was around $585 million, but now it has jumped up to a whopping $636 million in annuity value. The estimate all-cash…
J.C. Penney Stock Off to a Bad Start on Tuesday
courtesy J.C. Penney Co. Inc.At one point Tuesday morning, shares of J.C. Penney Co. Inc. (NYSE: JCP) had dropped nearly 4.5% before bouncing back. There have been so many problems at the retailer that…
Sprint and Dish Network Bury the Hatchet
ThinkstockDish Network Corp. (NASDAQ: DISH) did all it could, first to acquire Clearwire, then to prevent SoftBank from acquiring a majority position in Sprint Corp. (NYSE: S). Neither plan worked out, but the two…