ThinkstockTransocean Partners LLC, a spin-off from Transocean Ltd. (NYSE: RIG), has filed with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) of 17.5 million common units in the new…
ThinkstockCIT Group Inc. (NYSE: CIT) may have delivered on beating its earnings expectations, but this is just a tiny fraction of the story here. CIT’s acquisition of the parent company of OneWest Bank NA for…
The longstanding fight between Herbalife and short-selling activist investor Bill Ackman just took yet another odd turn.
By a variety of measurements, Google is the 800-pound gorilla of the Internet. It is by far the largest U.S. search engine and its various websites, including YouTube, attract the largest U.S. audience for…
ElPolloLoco.comEl Pollo Loco Holdings has set its formal terms for an initial public offering (IPO). Be advised that these terms can change before the formal IPO, literally up until the final hours ahead of…
ThinkstockBy Nicholas Cunningham of Oilprice.com The confrontation between Russia and the West took a turn for the worse with the downing of a Malaysian airliner on July 17, and that could spell trouble for…
Apple reports earnings after the close on Tuesday. While the media focus will likely be on the formal earnings report, 24/7 Wall St. will pay closer attention to guidance and to the launch of…
Posting better-than-expected results for the most recent quarter, along with an improved earnings outlook for the full year, could not halt the recent slide in shares of United Technologies.
ThinkstockWhen customers get slow, intermittent or no service at all from their wireless service provider, the initial reaction is that the company has lousy service and there is just nothing to be done about…
ThinkstockThe changes taking place around marijuana for medical use and for recreational use are the biggest in almost everyone’s lifetime. There are quite literally billions of dollars up for grabs for those who capitalize…
ThinkstockThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in June rose 2.6% to 5.04 million from an upwardly revised total of 4.91 million in May.…
Wikimedia CommonsEquity markets have been extremely strong in the past few years. Most of America’s largest companies have managed to increase revenue, profitability, and shareholder distributions, sending their share prices to record highs. A…
A new research note from Cowen highlights some top stocks that have not yet reported second-quarter earnings, but all of which traded higher after reporting first-quarter results this year.
JoeInQueens, via Wikimedia CommonsThe next iteration of the iPhone from Apple Inc. (NASDAQ: AAPL) is expected to use an especially hard type of glass cover that has been promoted (not by Apple) as being…
ThinkstockThe U.S. Labor Department gave us the formal inflation reading for the month of June on Tuesday morning. Most investors are more concerned about major earnings reports and economic recovery and growth, but this…