Archive

Year: 2013

All Year: 2013 Articles

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Retailers Look Weak: Costco, Family Dollar Earnings

ThinkstockTwo major retail chains reported fiscal fourth-quarter results Wednesday morning, and while neither one was a complete dud, they did not set off fireworks either. Costco Wholesale Corp. (NASDAQ: COST) and Family Dollar Stores…

Paul Ausick · 13 years ago

Will Some High-Yield MLPs Slash Their Distributions and Dividends?

ThinkstockThe master limited partnership (MLP) sector attracts investors because of the high distributions and the special tax treatment of those distributions. Investors think of these distributions as dividends, though they are actually part income…

Lee Jackson · 13 years ago

Credit Suisse Major Drug Stocks to Buy for Great Gains Ahead

ThinkstockThe drug and pharmaceutical sector is supposed to be a defensive one by nature, even if this week’s government shutdown and impending debt ceiling weighed heavily on biotech stocks. Credit Suisse’s Vamil Divan has…

Jon C. Ogg · 13 years ago

Second Norwegian Dreamliner Goes Back to the Shop

courtesy Boeing Co.Norwegian Air Shuttle expects to get one of its two 787 Dreamliners back from Boeing Co. (NYSE: BA) late next week. Then the airline will send the second plane to Boeing as…

Paul Ausick · 13 years ago

Mortgage Loan Rates Dip, Boosting Applications

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 1.3% in the group’s seasonally adjusted composite index, following a drop of 0.4% for the previous…

Paul Ausick · 13 years ago

How Far Does the Market Have to Fall to Impress Washington?

thinkstockOne of the theories about how the budget, debt ceiling and the funding of the Affordable Care Act (ACA) conflicts may be resolved involves a meltdown of the stock market. If hundreds and hundreds of…

Douglas A. McIntyre · 13 years ago

HP Employees Don’t Take Stock Problem “Personally”

courtesy of Hewlett-PackardHewlett-Packard Co. (NYSE: HPQ) CEO Meg Whitman asked the tech company’s employees to take the removal of the firm’s stock from the Dow Jones Industrial Average (DJIA) “personally,” according to a report from…

Douglas A. McIntyre · 13 years ago

Google Chromebook 11, Another Useless Experiment

courtesy of Google Inc.Google Inc. (NASDAQ: GOOG) management has a habit, which dates back to shortly after it was founded, of expensive experimentation that often creates new products. Since Larry Page became chief executive…

Douglas A. McIntyre · 13 years ago

Yum! Brands Earnings Broiled by China Write-Down

courtesy of KFCYum! Brands Inc. (NYSE: YUM) reported third-quarter results after markets closed on Tuesday. The fast-food restaurant operator posted adjusted diluted earnings per share (EPS) of $0.85 and revenues of $3.47 billion. In…

Paul Ausick · 13 years ago

Alcoa Kicks Off Earnings Season Better Than Poorly

ThinkstockAlcoa Inc. (NYSE: AA) has just kicked off earnings season, and it was probably more than just a timing coincidence that Alcoa’s shares were downgraded this morning ahead of the numbers. Amazingly, the initial…

Jon C. Ogg · 13 years ago

Tuesday Closing Bell: Federal Shutdown Brings Out More Sellers

October 8, 2013: U.S. markets opened virtually flat Tuesday morning but that quickly switched to another sell-off. The lack of a solution to the federal government shutdown and the approaching federal debt limit continue…

Paul Ausick · 13 years ago

Market Take: Biotech Suffers Under Government Shutdown Too!

ThinkstockThe field of pharmaceuticals is very well established and often is considered to be a very defensive sector. As such, investors flock to the drug sector in times of uncertainty. But what about the…

Jon C. Ogg · 13 years ago