Hedge Fund Pushes for American Apparel Sale
The same hedge fund that forced the sale and breakup of Hostess Brands now aims to work the same trick on American Apparel. It may get what it wants, but it won't happen soon.
Archive
Year: 2014
All Year: 2014 Articles
Newest first · Page 243What Happened to Normal 5% Unemployment?
ThinkstockUnemployment may drop as low as 6% in the next few months, down from the current 6.3% level. However, a recovered U.S. economy has been marked by a 5% jobless rate, which is months,…
Gas Prices Rise Above $4 in Several States
ThinkstockThe AAA forecasts that gasoline prices over the July 4th holiday will be the highest since 2008. Hurricane Arthur, creeping up the East Coast, may drive them even higher in states along its path.…
Americans Scrapped 11.5 Million Vehicles Last Year
ThinkstockOlder cars have to go somewhere eventually. And that place is the junkyard. Americans scrapped 11.5 million vehicles in 2013. While that level is the lowest in almost a decade, it is still a…
The 4 Stocks That Confused the Market
thinkstockJuly 2, 2014: Markets opened mixed on Wednesday with the S&P 500 starting just barely in the red based on Tuesday’s close. None of the major indexes made a big move today, and crude…
What to Expect From Labor Department on Unemployment and Payrolls
This Thursday will mark a very unusual event in economic reporting. Since this week holds the first Friday of the month, we are supposed to get the Labor Department’s Unemployment and Payrolls report. That…
Will Windows 9 Transform Microsoft? More Windows 8 vs. Back to Windows 7
courtesy of MicrosoftMicrosoft Corp. (NASDAQ: MSFT) has had two things going for it since Satya Nadella took over the role of Chief Executive Officer from Steve Ballmer. The most obvious is that there has…
Free TV Over the Air Is Dead
Now that the U.S. Supreme Court ruled last week that mini-antenna service Aereo does indeed infringe the copyright of TV broadcasters, some are saying free over-the-air television may be dead.
Short Sellers Finally Get Their Turn at GoPro
After four days of nonstop share price increases, GoPro has bounced off a ceiling. The stock traded down some 15% Wednesday morning.
Eastern Seaboard on Fourth of July Watch for Tropical Storm (or Hurricane) Arthur
ThinkstockIt is July 2, and we now have our first confirmed and named tropical storm of 2014 — Tropical Storm Arthur. On top of this being the first named storm of the year, the…
MannKind Poll Points to Bias That Stock Will Rise Above $15 into 2015
24/7 Wall St. ran a poll for investors this week on where MannKind shares would go into 2015, and the results were overwhelmingly bullish.
OECD Projects Slowing Global Growth, Rising Income Equality to 2060
ThinkstockA new study from the Organisation for Economic Co-operation and Development (OECD) projects that global economic growth will slow and income inequality will continue to rise to 2060. The “Policy Challenges for the Next…
Crude Oil, Gasoline Inventories Down Sharply as Holiday Weekend Nears
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 3.2 million barrels last week, maintaining a total U.S. commercial crude inventory to 384.9…
UBS Adds Top Energy Pick to Equity Focus List and Upgrades Sector
In a new report the wealth management research team at UBS acknowledges what is driving the energy sector and the firm lifts its rating on the sector to Neutral from Underweight.
Target Bans Firearms in Its Stores
Target said that beginning July 2 the stores will "respectfully request that guests not bring firearms into Target -- even in communities where it is permitted by law."