thinkstockAugust 20, 2014: Markets opened lower on Wednesday after a weak overnight showing in international markets. All three major indexes got a bounce higher after the FOMC released minutes of its last meeting. Shortly…
ThinkstockThe Direxion iBillionaire Index ETF (NYSEMKT: IBLN) recently made some serious changes to its portfolio, based upon iBillionaire Index changes. The exchange-traded fund has made several changes after the broad 13F filings from billionaires…
courtesy of the Federal ReserveThe Federal Reserve has released the minutes of its July 29 to 30 FOMC meeting. While it has been broadly expected that the Fed will keep rates on hold, there is one…
Hertz shares were down nearly 10% in response to a myriad of problems that have accumulated since its announcement that financial statements for the past two years will have to be corrected.
Shares of Boeing have risen nearly 4% in the past five days, and the driver appears to be a strong hint that the company is considering raising the build rate on its 737 passenger…
Berkshire Hathaway is supposed to be one of the squeaky clean companies as far as accounting and operational oversight are concerned. It turns out that even the cleanest of the clean can run into…
Consumer spending habits reflect the financial health of the nation’s households, yet vary widely across the United States. In 2012, Americans spent $35,498 per capita, a 3.3% increase from the year before when Americans…
Does a direct comparison with competitor Roku 3 on the Amazon.com home page indicate that the company is worried about its $99 Fire TV streaming media box?
It is not a secret that for the past month Shutterfly reportedly has been looking for another firm to buy it out. Could this sale prove to be a disappearing act of sorts for…
Hewlett-Packard will report its third-quarter earnings after the close of trading on Wednesday. We have featured an earnings preview for the PC and IT-services giant, as well as other issues to consider.
On Wednesday Caterpillar released its monthly dealer sales data for July. It seems odd to think that a 9% drop in total global demand is good.
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 4.5 million barrels last week, maintaining a total U.S. commercial crude inventory to 362.5…
GNC Holdings has had a very rough 2014. Recent changes inside the company are trying to rectify the situation. The new chairman has purchased about $1 million worth of GNC's common stock.
ThinkstockThe National Highway Traffic Safety Administration (NHTSA) on Wednesday unveiled a new website that will allow car buyers, owners and lessees to check to see if their vehicle has had a recall notice issued…
Target reported second-quarter 2014 results before markets opened Wednesday morning. It also lowered its third-quarter and full-year EPS estimates.