Workers Won’t Miss Walmart U.S. Chief Bill Simon
When Wal-Mart named Doug McMillon to replace retiring CEO Mike Duke eight months ago, it was only a matter of time before Walmart U.S. chief Bill Simon left in search of greener pastures.
Archive
Year: 2014
All Year: 2014 Articles
Newest first · Page 217Yieldco Stocks Are Exploding — the Top Ones to Buy Now
thinkstockThe rise of master limited partnerships (MLPs) as an asset class coincided with investors’ desire for stable and growing cash flow. In 2013, there were more than 20 initial public offerings (IPOs) of MLPs,…
GM Earnings Hammered Again by Recalls
General Motors reported disappointing second-quarter 2014 results before markets opened Thursday morning. Results included recall-related charges of $1.2 billion.
An Astounding and Amazing Weekly Jobless Claims Report From the Labor Department
Ed Brown, via Wikimedia CommonsThe U.S. Labor Department’s report on weekly jobless claims blew the doors off the hinges. After last week’s reading was revised to 303,000 from 302,000, the number came in at…
Top Analyst Upgrades and Downgrades: Boeing, Facebook, Markit, Qualcomm, Verizon, Unisys and More
These are the top analyst upgrades, downgrades and initiations from Wall Street firms for Thursday, July 24, 2014. They include Boeing, Facebook, F5 Networks, Markit, Qualcomm, Verizon and Unisys.
5 Analyst Stocks to Buy Yielding 10% or More
ThinkstockAfter many years of very low interest rates, stock investors have had plenty to cheer about — the market is up almost 200% since the lows in March of 2009. Every asset class at…
Caterpillar Cuts Costs to Boost Earnings as Outlook Softens
Caterpillar reported mixed second-quarter 2014 results before markets opened Thursday morning. The heavy equipment company said it has seen no evidence of an upturn in the mining business.
America’s Top Cities With the Highest Percentage of Millionaires
ThinkstockIt seems as though being a millionaire isn’t as rare as one might imagine, at least not in some of the greatest cities around the world. In fact, it turns out that some cities…
Ford Earnings Get European Boost for First Time in 3 Years
Ford reported lower but better-than-expected second-quarter 2014 results before markets opened Thursday morning. It saw its first profit in Europe in three years.
Cars So Hot They Are Out of Stock 2014
ThinkstockAfter vehicle sales reached a six-year high last year, the U.S. auto industry has continued its torrid growth pace in the first half of 2014. With more than 8 million cars sold in the…
RadioShack CEO Should Not Join American Apparel Board
The CEO of one of the worst-run retailers in American is joining the board of another company in the same category. Joseph Magnacca of RadioShack is among the new board members of American Apparel.
Moody’s Cuts Atlantic City to Junk
ThinkstockAtlantic City, which at one point was supposed to rival Las Vegas as a gambling destination, has nearly fallen to pieces. One of the last bricks taken out of its wall is a new…
Americans Favor Beer Over Liquor and Wine
ThinkstockGood news for the world’s brewers. Americans prefer beer over both liquor and wine. According to a new Gallup poll: As they have for most of the past two decades, Americans who drink alcohol…
Facebook Posts an Earnings Blowout
Brian Solis, via Wikimedia CommonsFacebook Inc. (NASDAQ: FB) has reported its earnings for the second quarter which handily beat expectations. The social media giant earned $0.42 in earnings per share and it posted a…
You Just Won’t Believe Gilead’s Profit Margins
ThinkstockGilead Sciences Inc. (NASDAQ: GILD) has now reported its second-quarter earnings. The largest biotech by market cap turned in earnings of $2.36 per share ($3.93 billion) on more than a 100% gain in product…