ThinkstockThe preliminary reading from the Reuters/University of Michigan Consumer Sentiment report is out at 81.2 for the first look at June. Bloomberg had a consensus estimate of 83.0. The current conditions reading was 95.4,…
Online travel company Priceline Group announced Friday morning that it has entered a definitive agreement with OpenTable to acquire all the outstanding shares of OpenTable for $103 per share in an all cash deal…
Samsung ElectronicsSamsung Electronics introduced its latest tablets on Thursday, the Galaxy Tab S in 8.4-inch and 10.5-inch models. Both have higher resolution displays than the iPad Air and the iPad Mini from Apple Inc.…
ThinkstockMany of the consumer discretionary stocks that make up that sector have suffered this year. As of the end of last week, it is the only sector that was down so far in 2014,…
ThinkstockThe Labor Department has released its Producer Price Index (PPI), a measurement of wholesale inflation. In Friday’s report, that should probably read deflation. Before you panic about deflation, just keep in mind that oil…
These are the top Wall Street analyst upgrades, downgrades and initiations for Friday, June 13, 2014. They include Alcoa, Intel, Lululemon, MannKind, Marathon and Occidental Petroleum.
ThinkstockEver since the momentum stocks rolled over in March and got torched, with the exception of the truly big high-profile names, most have continued to languish and have trailed the overall market. The bottom…
In an announcement late Thursday, Ford said that it discovered an error in its fuel-economy ratings for some of its vehicles, that it has corrected the error and that it will make a "goodwill"…
BMW GroupAs the popularity of electric cars grows, the increasing number of competitors have to find an edge to differentiate themselves in what has already become a crowded market. Among these is a BMW E-Car…
courtesy of Wal-Mart Stores Inc.Only a handful of holidays give retailers a chance to pick up sales beyond those they make on regular days. While Christmas is at the top of the list, it…
ThinkstockThe price of crude futures reached $107 on concerns about the unrest in Iraq. That is the highest it has been since September, and several analysts expect the price to surge higher if the…
ThinkstockIf you have followed the business segment serving PCs in recent years, you know that the rise of smartphones and tablets has cannibalized the PC market for quite some time now. But news out…
After the New York Rangers fell into a 3-0 series hole in the Stanley Cup Final, tickets on the secondary market for Game 4 at Madison Square Garden took a nosedive, falling as much…
Intel Corp. (NASDAQ: INTC) is raising guidance. On top of that, the company is claiming that this is “As a result of stronger than expected demand for business PCs.” If that is the case,…
thinkstockJune 12, 2014: Markets opened lower again on Thursday as the fighting in Iraq has taken center stage and driven oil prices to their highest closing price in 9 months. Only the energy sector…