Reversal of Fortune in Autodesk
Autodesk, Inc. (NASDAQ: ADSK) had traded higher after beating earnings expectations on Thursday evening. In fact, the shares were up over 4% in the after-hours reporting period. The stock then opened higher on Friday…
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Year: 2014
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Newest first · Page 185Cable Company Broadband Subscribers Now Outnumber Pay TV Subscribers
ThinkstockIt had to happen sometime, but the cable guys probably didn’t expect it to happen so soon. The top U.S. cable companies now claim 49.915 million broadband subscribers compared with 49.910 million cable TV…
Supervalu Hacked and Customer Data May Have Been Stolen
Supervalu Inc.Supervalu Inc. (NYSE: SVU) reported early Friday morning that some of its food and liquor stores suffered a “criminal intrusion” of the computer network that processes payment card transactions. The breach may have…
Fresh Ukraine-Russia Tensions and Fighting Dominate Markets Friday (Update-Final)
ThinkstockThis was almost looking like a great week for the stock market, but geopolitical news interrupted this positive trend late on Friday morning and markets took a sharp turn for the worse. Reports of…
Consumer Sentiment Looking Soft in August
ThinkstockThe Reuters/University of Michigan consumer sentiment index was released on Friday morning. Consumer sentiment for mid-August was reported at 79.2. The Bloomberg economists estimate was much higher at 82.3, and the range of estimates was 80.0 to…
What Coke and Monster Mean for SodaStream
courtesy of SodaStreamThe Coca-Cola Company (NYSE: KO), which already has a 16% stake in Keurig Green Mountain Inc. (NASDAQ: GMCR), announced Thursday it will purchase a 16.7% stake in Monster Beverage Corp. (NASDAQ: MNST).…
Capacity Utilization Hits Highs Not Seen Since 2008
ThinkstockThe dual report on industrial production and capacity utilization for the month of July was released on Friday. While these were basically inline with estimates, there are some points worth noting that still have…
As NQ CFO Bails, the Questionable Plot Thickens
ThinkstockChina’s leading mobile Internet security services provider, NQ Mobile Inc. (NYSE: NQ) announced Friday morning that the company’s chief financial officer has resigned effective August 22, 2014 for family reasons. Until a permanent successor…
Empire Manufacturing Rises Much Slower Than Expected
ThinkstockThe New York Federal Reserve released the Empire State Manufacturing survey on Friday. The survey showed that business conditions continued to improve for New York district manufacturers, but the gains were less widespread than the…
Will Boeing’s Discounts Kill Profits?
The Boeing Co.Discounts for new airplanes typically range between 25% and 30% whether the aircraft is built by The Boeing Co. (NYSE: BA) or Airbus NV, the world’s two largest aircraft makers. But a…
PPI Shows Taming Wholesale Inflation
The U.S. Labor Department Friday morning released the Producer Price Index (PPI) for July, which effectively measures wholesale inflation. As a reminder, this is PPI reading now measures final demand. PPI rose 0.1% in…
Oppenheimer Says Buy the Big 3 Banks Instead Of Fully Valued Regionals
ThinkstockWall Street often operates inside what seems to be a vacuum, and once an idea becomes hot, everybody seems to want to follow it. One big trade that became hot earlier this year when…
Top Analyst Upgrades and Downgrades: Achillion, Monster, Gilead, JCPenney, JDSU, Green Mountain and More
Jon OggStocks were firm yet again on Friday morning ahead of the PPI wholesale inflation report. Investors have been trying to decide where to put their money after the recent stock market volatility and…
Ninja Turtles Likely to Beat the Expendables at the Box Office
Lions Gate Entertainment Corp.The summer movie season has only three more weekends to run, including this one, which features a third installment of the senior citizen action heroes, “The Expendables 3” from Lions Gate…
Companies That Control the World’s Food
ThinkstockThe agriculture and food production industry employed more than one billion people as of last year, or a third of the global workforce. While the industry is substantial, a relatively small number of companies wield an…