It is impossible not to congratulate Twitter for its earnings report. The issue is that the initial reaction to the great earnings may have simply been too great. The stock was up just over…
ThinkstockNomura is out with a report that bodes marginally well for banks issuing credit cards and private credit card issuance. Nomura’s Bill Carcache is signaling that more issuers are now reporting positive credit card…
Airbus Group NVParis-traded Airbus Group reported results for the first half of 2014 Wednesday morning, and the news was mixed. Revenues and profits were higher than in the first half of 2013, but the…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 3.7 million barrels last week, maintaining a total U.S. commercial crude inventory to 367.4…
Investors have gotten used to seeing new Dow Jones Industrial Average and S&P 500 highs almost each week this year. The problem is that August is fast approaching.
Telecom giant Sprint reported second-quarter 2014 earnings before markets opened Wednesday morning. It finished the quarter with 54.55 million subscribers.
ThinkstockThis week is a very busy week for employment data. We are still awaiting the Friday unemployment and payrolls report from the Labor Department, but we now have two preliminary views that economists try…
ThinkstockIt turns out that the first quarter drop of 2.9% in gross domestic product (GDP) was truly a blip, just like economists had been saying all along. What is more of a surprise is…
Oil refiner Valero Energy reported better-than-expected second-quarter 2014 results before markets opened Wednesday morning. Ethanol revenues are likely to remain strong for the rest of the year.
These are the top analyst upgrades, downgrades and initiations from Wall Street firms for Wednesday, July 30. 2014. They include Enbridge, NOV, Freescale, Twitter, Verizon and Windstream.
A new research report from Cowen suggests that some of the senior gold miners are looking to make acquisitions now and will make the play to acquire some of the undervalued developers.
Garmin reported better-than-expected first-quarter fiscal 2014 results before markets opened Wednesday morning. Garmin also updated and upgraded its guidance.
The monumental earnings slam by Twitter has many investors and market pundits wondering whether they have missed the boat on the hyper-social media player.
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 2.2% in the group’s seasonally adjusted composite index. That followed a rise of 2.4% for the…