Do Layoffs in Biotech Send the Right Message?
This week's layoff announcement by Amgen may have investors and the public starting to rethink what "being a biotech company" really means.
Archive
Year: 2014
All Year: 2014 Articles
Newest first · Page 205Sales of Explorer, Escape SUVs Boost Ford Sales 10% in July
Ford posted a U.S. sales rise of 10% year-over-year in July, to 212,236 Ford and Lincoln vehicles, compared with July 2013 sales of 193,715. Sales of the company’s best-selling Fusion rose 17%.
J.P. Morgan’s Huge Upward Revisions on Airline Price Targets
ThinkstockThe airline passenger is the perfect captive audience. If you want to travel somewhere, and the airline that serves you and your area has a multitude of extra costs, like charging for luggage, you…
Personal Income and Spending Rise in June, but Not Massively
ThinkstockWith the Labor Department reporting unemployment and payrolls for July, the report on personal income and spending for June may seem like a bit of an afterthought. Fortunately, this report also may cool some…
Chevron Beats Estimates, but Production Slide Persists
Chevron reported better-than-expected second-quarter 2014 results before markets opened Friday morning. It paid a quarterly dividend and repurchased $1.25 billion in common stock in the period.
Chrysler’s Sales Soar 20% as Jeep Sales Rise 41%
courtesy of Fiat Chrysler AutomobilesChrysler’s year-over-year sales rose 20% in July to 167,667 units, the company’s best July sales level since 2005. The Chrysler, Jeep, Dodge, Ram Truck and Fiat brands all posted year-over-year…
Labor Department Cools Fears of Runaway Payrolls Growth and Wage Inflation
Ed Brown, via Wikimedia CommonsThe Labor Department managed to release its July unemployment and payrolls report without spooking the markets into a panic that rate hikes and the end of stimulus would have to…
Could LinkedIn’s Results Have Been Much Better?
LinkedIn reported better-than-expected second-quarter 2014 results after markets closed on Thursday. It said revenues rose in all three of the company's businesses.
Top Analyst Upgrades and Downgrades: Expedia, Hyatt, Ocwen, Strayer, SunPower, 3D Systems and More
These are the top analyst upgrades, downgrades and initiations from Wall Street analysts for Friday. They include Expedia, Hyatt Hotels, Ocwen Financial, Strayer Education, SunPower and 3D Systems.
Merrill Lynch’s Large Cap Stocks That Were Oversold Before the Sell-Off
In a new report, Merrill Lynch has researched a group of large cap stocks that were already oversold before Thursday's steep market sell-off. It may be time to start looking for bargains.
P&G Earnings Come With No Real Growth
Procter & Gamble reported mixed fourth-quarter and fiscal-year 2014 results before markets opened Friday morning. It has missed top-line estimates in two consecutive quarters.
It Is Not Too Late to Crash-Proof Your Portfolio for August and the Rest of 2014
ThinkstockThe end of July turned out to be ugly for equity investors, and August started off on the wrong foot as well. On the July 31 drop of 317 on the DJIA, all 30…
Are E-Cigarettes Just as Harmful as Tobacco?
ThinkstockThe scientific journal Addiction has reviewed the available research on the use, contents and safety of e-cigarettes and determined that they likely are much less harmful to users or bystanders than conventional cigarettes. The…
When Will Unemployment Return to Normal 5%?
ThinkstockThe recovery has been marked by a sharp drop in unemployment, which may fall below 6% in the next month or two. However, as notes from the Federal Open Market Committee (FOMC) showed, the…
11 Countries Near Bankruptcy
After years of bitter court battles with creditors, Argentina has defaulted on its debt, according to rating agency Standard & Poor’s. After failing to come to an agreement with creditors from its previous default…