Home Builder Confidence at Six-Month High
ThinkstockThe National Association of Home Builders (NAHB)/Wells Fargo housing market index for June rose four points to 49 from a reading of 45 in May. The reading was higher than a consensus forecast of…
ThinkstockThe National Association of Home Builders (NAHB)/Wells Fargo housing market index for June rose four points to 49 from a reading of 45 in May. The reading was higher than a consensus forecast of…
Global Internet provider Level 3 Communications announced Monday morning that it has entered a definitive agreement to acquire TW Telecom for $40.86 per share in cash and stock.
ThinkstockIndustrial production rose by 0.6% in the United States in the month of May, while capacity utilization rose to 79.1%. These compare to a 0.3% drop in production and 78.6% capacity utilization in the…
In a new research report, the Semiconductor Equipment analysts at UBS opine that semiconductor wafers could be seeing a large seasonal increase in demand.
SanDisk has announced a definitive agreement to acquire Fusion-io. Many shareholders of Fusion-io will not be happy as the buyout is going to force many shareholder losses.
In an announcement on Sunday, Williams Companies said that it has agreed to acquire the 50% general partner interest, along with 55.1 million limited partner units, in Access Midstream Partners from Global Infrastructure Partners…
ThinkstockWhile the call to arms over the weekend in Iraq appears to at least have stalled the militants lightning quick advance across the country, there are still many oil fields and refineries that are…
courtesy of Ford Motor CompanyTwo factors are about ready to collide, and if history is any guide, the outcome could be ugly, at least for the short term. Since 1960, there have been only…
These are the top Wall Street analyst upgrades, downgrades and initiations for Monday, June 16, 2014. They include AMD, American Express, Dish Network, Exelon, GNC, Medtronic and Micron Technology.
The $42.9 billion merger between medical device makers Medtronic and Covidien was officially confirmed early Monday morning. The deal is a so-called tax inversion.
ThinkstockThe effects of the turmoil in Iraq have started to drive oil prices higher. Whether coincidental or not, gas prices have recently risen across 26 states. Among them is California, where gasoline prices are…
ThinkstockThe U.S. health care system is the most expensive among large developed nations. And it produces the worst results. Medical costs are among the highest portions of Americans’ budgets. But people hardly get what…
Amazon.com has released numbers showing that Kindle Fire HDX customers who used the Mayday button to get customer service enjoy a response time of an average of 9.75 seconds.
Starbucks has started to offer a benefit to its employees that is unmatched by any large company. It will allow some of its workers to attended Arizona State University with tuition paid for two…
Investors still love dividends and stock buybacks. On top of these corporate governance and return of capital strategies in general, investors really love when they are holding a stock where the payouts are rising. Dividend…